Warren Buffett: The financial panic is over (Reuters)
Warren Buffett, perhaps the world's most admired investor, said on Thursday the financial panic that gripped the globe last year is a thing of the past, even as the U.S. economy's struggles persist.
Business Roundtable Statement on Race to the Top Final Application Criteria (Business Wire)
WASHINGTON----â??Business Roundtableâ??s members were pleased today to see the announcement of final application criteria for the $4 billion in Race to the Top funding competition. The Presidentâ??s continued emphasis on improving American education could not come at a more critical time.
Navistar gets $127.3M Army contract (AP)
Navistar International Corp. recently received a $127.3 million contract to provide more than 900 general transport trucks, the Pentagon said late Thursday.
Banks borrow less from emergency Fed program (AP)
Banks borrowed slightly less from the Federal Reserve's emergency lending program over the past week, and reduced their use of other credit programs designed to ease the financial crisis.
Intel to pay AMD $1.25 billion, settle disputes (Reuters)
Intel Corp will pay rival chipmaker Advanced Micro Devices Inc $1.25 billion to settle all outstanding legal disputes, in a move that can hasten the resolution of Intel's antitrust troubles.
Drop in US energy use drags stock market lower (AP)
A jump in the nation's energy inventories sent stocks falling Thursday as investors worried that demand for oil and gasoline is falling because of the struggling economy.
Disney profit and revenue beat Street, shares rise (Reuters)
Walt Disney Co posted a larger-than-expected rise in both quarterly profit and revenue, as strong results from its cable business helped it overcome a disappointing stretch for its film studio.
Intertape Polymer to delist shares from NYSE (AP)
Intertape Polymer Group Inc. said Thursday it plans to voluntarily delist its shares of common stock from the New York Stock Exchange, but will continue to list its shares on the Toronto Stock Exchange.
Report: Playboy in talks to be sold, shares jump (AP)
Shares of Playboy Enterprises Inc. soared Thursday on a report that the men's magazine publisher is in talks to sell its business to Iconix Brand Group Inc.
Cephalon, Barr settle Fentora dispute (AP)
Cephalon Inc. will give Barr Pharmaceuticals Inc. a license to sell a generic version of the pain drug Fentora in 2018 as part of a patent lawsuit settlement, according to a Securities and Exchange Commission filing Thursday.