Financial news on April 5th, 2008
Business and Financial news
The News Corporation’s appeal of $91,000 in indecency fines for a 2003 broadcast featuring strippers at bachelor and bachelorette parties has been rejected by the Federal Communications Commission on technical grounds. Read more..
A private equity group backed out of a deal to invest $2.55 billion in the auto-parts maker, dealing a blow to General Motors, which relies heavily on Delphi parts. Read more..
Best known as the crossword puzzle master for The New York Times, Will Shortz is also a nationally ranked table tennis fanatic. Read more..
The bank’s departing chairman said that dividing the bank’s investment arm from its booming wealth management business would be a mistake. Read more..
Vacancies at community and neighborhood shopping centers in the United States rose in the first quarter to the highest level in more than a decade. Read more..