Buffett firm invests in USGFriday, November 21, 2008 @ 10:04AMCash-strapped USG Corp. said investor Warren Buffett and a Canadian insurance concern have teamed up to provide USG with a $400 million cash infusion, through the purchase of potentially lucrative contingent convertible notes.
Crude Oil Rises on Reported OPEC Supply Cut, Stimulus PackagesFriday, November 21, 2008 @ 9:48AMNov. 21 (Bloomberg) -- Crude oil rose for the first time in six days as OPEC members cut production and governments step up efforts to revive economic growth.
Waterfront, PNB enter debt settlement agreementFriday, November 21, 2008 @ 9:25AMGatchalian-led Waterfront Philippines, Inc. and Lucio Tan-controlled Philippine National Bank (PNB) on Friday agreed anew to settle the former"s obligation to the bank, and save Waterfront Cebu City Hotel & Casino and Waterfront Airport Hotel & Casino from foreclosure.
Beacon Power Settles Lawsuit with Arete PowerFriday, November 21, 2008 @ 9:06AM TYNGSBORO, Mass.----Beacon Power Corporation , a company that designs and develops advanced products and services to support more stable, reliable and efficient electricity grid operation, announced that it has settled the patent infringement litigation that Arete Power brought against Beacon in October 2007.
Author may face sanctions in divorce caseFriday, November 21, 2008 @ 8:51AMThe Mississippi Supreme Court says a trial judge erred in failing to sanction best-selling author Nevada Barr for lying under oath about an extramarital affair and destroying evidence in her divorce case.