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{ Tag Archives } wednesday

Ex-Lehman CEO Fuld Blames Regulators

The former head of Lehman Brothers said the company could have survived if regulators offered the same kind of help it did to Lehman’s competitors. Richard Fuld testified before the commission that’s investigating the financial crisis Wednesday. Fuld said it was regulators — not bad investments — that did Lehman in. » E-Mail This      » Add to Del.icio.us

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State Department Hosts Formal Mideast Peace Talks

Israeli and Palestinian negotiating teams are getting down to work at the State Department Thursday — with low expectations and amid more violence in the West Bank. President Obama hosted a dinner Wednesday night for the visiting Israeli and Palestinian leaders and other would-be peacemakers. The President challenged them to walk the path of peace. » E-Mail This      » Add to Del.icio.us

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Judge appoints mediator in Tribune bankruptcy case

The mediator will try to forge a settlement of legal claims stemming from the media company’s 2007 leveraged buyout. The judge in Tribune Co.’s stalemated bankruptcy case appointed a mediator Wednesday to try to forge a settlement of legal claims stemming from media company’s disastrous 2007 leveraged buyout.

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Mormon Church, Jewish Leaders Tackle Proxy Baptism

In a joint statement issued Wednesday, The Church of Jesus Christ of Latter-day Saints and a coalition of Jewish leaders said a new computer system and policy changes related to the practice should resolve a years-long disagreement over posthumous baptism by proxy. » E-Mail This      » Add to Del.icio.us

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BP Prepares To Resume Efforts To Kill Gulf Well

Rough seas near the site of the well forced crews to suspend work removing the temporary sealing cap and failed blowout preventer. Retired Coast Guard Adm. Thad Allen said Wednesday that BP expects to begin work plugging the well for good later this week. » E-Mail This      » Add to Del.icio.us

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Report Shows Unauthorized Immigrants Leaving U.S.

The Pew Hispanic Center says the number of unauthorized immigrants in the U.S. dropped 8 percent between 2007 and 2009. The largest decline occurred in the South Atlantic and the Mountain West. The report, released Wednesday, does not specify causes, but experts point to the economy and increased enforcement as possible explanations. » E-Mail This      » Add to Del.icio.us

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Tourists Ordered Off N.C. Barrier Island Ahead Of Earl

Hurricane Earl has weakened to a Category 3 storm as it threatens to sideswipe the East Coast. A hurricane watch that had been effect for the North Carolina coast has been extended to the Virginia coast early Wednesday. Authorities have ordered Ocracoke Island, N.C., evacuated. » E-Mail This      » Add to Del.icio.us

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CEO Akerson To Take The Reins At General Motors

A former telecom executive becomes the next CEO of General Motors on Wednesday. Dan Akerson replaces Edward Whitacre. » E-Mail This      » Add to Del.icio.us

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SEC Makes Proxy Ballot Access Easier

The Securities and Exchange Commission voted Wednesday to make it easier for shareholders to have a say in the make up of corporate boards. New rules require individuals nominated by shareholders be included in “proxy materials” alongside the nominations of management. » E-Mail This      » Add to Del.icio.us

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Google Plugs Free PC-To-Phone Calling Into e-Mail

Google Inc. is adding a free e-mail feature that may persuade more people to cut the cords on their landline phones. The service unveiled Wednesday enables U.S. users of Google’s Gmail service to make calls from microphone-equipped computers to telephones virtually anywhere in the world. » E-Mail This      » Add to Del.icio.us

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