Business news for Fri, 28 Mar 2008. 1236 news.

The ECB expanded its playbook by announcing it will offer six-month loans to financial institutions for the first time, a fresh sign of the depth of policy makers' worries about the health of the banking system.

Bush's projected budget gap of $410 billion for 2008 could widen to $500 billion or more, according to new estimates, as tax collections decline.

O'Neil Printing thrives by changing with the times

EU regulators opened an investigation into Nokia's $8.1 billion deal for digital-mapping company Navteq.

Growing number of sites are affected including USAToday.com, Target.com, Walmart.com, and several sites owned by CNET Networks, the publisher of News.com.

With a recession looming, management moxie is at a premium

Starbucks Corp. plans to appeal a San Diego Superior Court ruling last week that ordered the coffee chain to compensate California baristas for tips they shared with shift supervisors.

Altria completed the spinoff of Philip Morris International. Holders receive one share of PMI stock for every share of Altria common stock outstanding.

Remuneration committee took premium rate phone scandal into account when awarding the chairman a bonus amounting to 117% of his salary

The department store chain warns of back-to-back monthly sales drops, as neither a new product line nor Oprah helped

By the end of the year, Scottsdale Airport officials expect results of the airport's first-ever strategic business plan.

Before he called it quits for the week, Comcast CTO Tony Werner got on the phone with me for one more round of damage control. He’d read my previous post. So when I thanked him for the opportunity, he was...

Robert Tchenguiz, the property entrepreneur facing heavy losses on stakes in retailer J Sainsbury and pub group Mitchells & Butlers, accusing the boards of both companies of failing to maximise shareholder value from their property assets

Robert Tchenguiz is used to the glare of publicity – sometimes he courts it. But at the moment he is nursing a paper loss thought to have swelled to about ?700m from his investments

Vincent Tchenguiz, the property entrepreneur, is seeing parallels between the markets now and the recession in the early 1990s, when his property holdings were almost wiped out by the fall in asset values

CAVE CREEK - Cave Creek built a water storage tank partly on land it doesn't own and now plans to buy the property for $1.2 million.

For some homeowners, these are tough times. And you know what they say about tough times.

(AP) — Industrial conglomerate Textron Inc. said Friday that one of its units received a $10.4-billion, five-year contract from the U.S. Department of Defense for 167 Osprey aircraft. Bell Boeing, an alliance Textron's Bell Helicopter unit has with Boeing Co., received the contract. The ...

The US was forced to send in reinforcements on Friday as Iraqi security forces admitted they were having difficulties subduing radical Shia militants in the south of the country

Food producers are facing labour shortages as hard-working migrant workers are starting to turn their back on Britain and return home, union leaders warn