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T-Mobile USA Spends $150 Million, Buys NextWave Spectrum
T-Mobile is certainly late to the 3G game here in the US, but they aren't letting that stand in their way. Lucky New Yorkers have had 3G access beginning earlier this year, with T-Mobile reporting that they anticipate 3G rollout to the remaining top 25 markets by year's...The Starlet Bandit
Wow, here's something you do not hear every day. A bandit, and, nevertheless, a FEMALE bandit is making her strike across Southern California banks. Her most recent hit was a Bank of America in Van Nuys on Sherman...
Zimbabwe introduces $100 billion banknotes
"HARARE, Zimbabwe (CNN) -- Zimbabwe's troubled central bank introduced new $100 billion banknotes Saturday in a desperate bid to ease the recurrent cash shortages plaguing the inflation-ravaged economy. ... Barack Obama's fundraising roars to life
"The Democrat raised $52 million in June, up from $22 million in May. Republican John McCain's June take was $22 million. By Dan Morain, Los Angeles Times Staff Writer July 18, 2008 ... Merrill set to sell Bloomberg stake for $4.5bn
Some interesting news for those who follow the fate of Michael Bloomberg. It seems the meltdown in the financial sector has allowed him to buy back a big stake of his empire from Merrill Lynch."Merrill Lynch is set to sell its 20 per cent stake in Bloomberg for about... Anxious customers line up at IndyMac to withdraw money
Worried customers lined up outside IndyMac to withdraw their money this morning. IndyMac was seized by federal investigators on Friday. The Federal Deposit Insurance Corp automatically insures customers... German Citibank sold to French Credit Mutuel for $ 7.7 Billion
"Regional French bank Credit Mutuel said on Friday that it will pay €4.9 billion ($7.7 billion) to buy the German business of US banking giant Citigroup, hard hit by the global financial crisis.Credit Mutuel, which...IndyMac Bank 33rd to Fail Since October 2000
On the heels of yesterday’s post about what many in news media and financial sectors are describing as the second-largest bank failure in U.S. history, I wondered how many other banks had failed in recent years. A page at the FDIC web site offered a list of 33 banks which... IndyMac Fails, Seized by U.S. Regulators
IndyMac Bancorp Inc. became the second-biggest federally insured financial company to fail today after a run by depositors left the California mortgage lender short on cash. "FDIC Establishes IndyMac Federal Bank,... RBS eyes Australian assets sale
Royal Bank of Scotland (RBS) is looking to sell the Australian and New Zealand operations of ABN Amro - the Dutch bank it bought last year." Last month, the Edinburgh-based company raised £12bn after selling shares... Mazel Tov! Israeli weddings introduce ATMs
This is an idea that will catch in many parts of the world especially for Catholic "first-communion" and "confirmation" as kids prefer getting cash."Mazel Tov! Israeli weddings introduce ATMs Thursday, 10 July 2008 17:51 A new... European Stockmarkets spooked by fresh credit crunch fears
London stock exchange opened with deep correction after the news of fresh credit crunch. Investors mood are turned sombre with similar news from other European exchanges. "Fears of fresh losses in the financial... Widodo opens APG meeting on money laundering in Bali
" "Our challange is the increasing rate of worldwide crime as a result of globalization ," Widodo said, adding that Indonesia was committed to waging war against money laundering and terrorist financing. The APG will this year accept two new member countries, namely...Bank DKI - The Best Regional Development Bank
"Since it established in 1961, DKI Bank has play important roles in Jakarta economic. Year to year, the performances of DKI Bank is increasing; the assets that belong to DKI Bank are also increase for the last 3 years. December 2006, DKI Bank’s assets reached Rp 11.187... US and EU urged to cut biofuels
G8 summit in Japan has started with the calls for enhancing food security and reducing trade barriers on farming products. Leaders have urged to tackle the food crisis on a priority basis. UN secretary general also...
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