Thursday, September 24, 2009

9/24 azcentral.com | business

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For '09, Avnet CEO got $3.83 million
September 24, 2009 at 3:00 am

Avnet Inc. Chairman and CEO Roy Vallee's total compensation for the company's most recent fiscal year was $3.83 million - about half his pay for the prior year.

Iridium launches big comeback bid
September 24, 2009 at 3:00 am

Iridium Satellite LLC, the once-bankrupt provider of satellite-phone services with strong Valley roots, is a publicly traded company again.

Sterlite offers trade to gain control of Asarco
September 24, 2009 at 3:00 am

Asarco LLC suitor Sterlite Industries says it would release Grupo Mexico from more than $8 billion of legal liability.

Employees keep faith in 401(k)s despite bad time
September 23, 2009 at 7:02 pm

Despite last year's wild stock-market ride and heavy criticism of 401(k) plans, most investors in the workplace-retirement plans have stayed the course. This fact isn't lost on members of the Profit Sharing/401k Council of America meeting this week in Scottsdale.

Obama presses for teamwork on eve of G-20
September 23, 2009 at 6:47 pm

PITTSBURGH - On the eve of a summit of the world's 20 top economies, the Obama administration pressed leaders on Wednesday to overcome differences and work together more closely in confronting thorny financial and environmental problems.

Sterlite offers trade to gain control of Asarco
September 23, 2009 at 6:23 pm

Asarco LLC suitor Sterlite Industries says it would release Grupo Mexico from more than $8 billion of legal liability.

Stocks end lower despite better view from Fed
September 23, 2009 at 6:20 pm

NEW YORK - Investors were encouraged by the Fed's latest improved assessment of the economy but not enough to propel the Dow Jones industrial average past 10,000.

How extended jobless benefits work
September 23, 2009 at 6:01 pm

Congress is moving to extend unemployment benefits as about 1.3 million of the jobless are at risk of running out by the end of this year. But the extra coverage won't initially be available in every state.

ASU dean to talk on economic mistakes
September 23, 2009 at 5:58 pm

The dean of Arizona State University's W.P. Carey School of Business will be the keynote speaker at the Harvard Business School Club of Arizona's executive luncheon in October.

Potato farmers' holy grail: a new spud for McDonald's fries
September 23, 2009 at 5:45 pm

KIMBERLY, Idaho - From the fields of Idaho to tasting rooms in suburban Chicago, potato farmers, researchers and industry representatives are in the midst of an elusive hunt: finding a new spud for McDonald's french fries.

Mayo CEO to join Pinnacle West board
September 23, 2009 at 5:40 pm

Dr. Denis A. Cortese, chief executive officer and president of the Mayo Clinic since 2003, is retiring this year and has been elected to the board of Pinnacle West Capital Corp., the parent company of the Arizona Public Service electric utility.

GM's refund promise has some stop signs
September 23, 2009 at 4:50 pm

Better read the fine print.

Fed slows $1.45 trillion program to aid housing market
September 23, 2009 at 3:24 pm

With the economy on the mend, less to lower mortgage rates and prop up the housing market.

Gay-rights supporters seek anti-bias bill
September 23, 2009 at 1:28 pm

Supporters believe that ban on discrimination based on sexual orientation closer than ever.

Teens lack jobs despite job effort
September 23, 2009 at 11:40 am


Stocks dip ahead of Fed decision as oil tumbles
September 23, 2009 at 11:17 am

In late morning, Dow fell 24.71 to 9,805.16.

AutoZone 4Q profit slips
September 23, 2009 at 11:07 am

MEMPHIS, Tenn. - Auto parts retailer AutoZone Inc. said Wednesday its fiscal fourth-quarter profit fell 3.1 percent, missing Wall Street expectations on tough comparisons to a prior-year period that included an extra week of sales.

Oil dips after crude supplies grow
September 23, 2009 at 10:42 am

Oil prices fell Wednesday after a government reported showed demand for crude remains weak.

Stocks little changed ahead of Fed decision
September 23, 2009 at 9:53 am

In the first few minutes of trading, the Dow Jones industrial average is up 4 at 9,834.

Officials make pitch for tourism
September 23, 2009 at 3:00 am

Everyone should try to help boost the region's hard-hit tourism industry because it's a critical part of the Valley economy, business and political leaders said Tuesday.

The Valley's priciest home sales
September 23, 2009 at 3:00 am

The week's biggest real-estate deals in the Valley.

1 out of 4 Phoenix residents uninsured
September 23, 2009 at 3:00 am

Among cities with at least 1 million residents, only Dallas, Houston and Los Angeles ranked higher.

Bank of America, JPMorgan overhaul overdraft fees
September 22, 2009 at 10:17 pm

As lawmakers prepare to implement sweeping credit card reforms, Bank of America Corp. and JPMorgan Chase & Co. are moving to overhaul overdraft fees and practices that have been criticized industrywide as excessive and harmful to consumers.

US Airways raise cash in stock sale
September 22, 2009 at 8:25 pm

US Airways said it sold 26.3 million shares of its common stock to underwriter Citigroup, its third stock offering since August 2008.

Firm working to reduce small-engine emissions
September 22, 2009 at 7:00 pm

Freescale semiconductor officials say the technology couldn't come at a more pertinent time, as more nations adopt new standards and tighten existing regulations of small engines to help reduce pollution.

Feds: Half of Madoff accounts show no loss
September 22, 2009 at 6:49 pm


box
September 22, 2009 at 6:40 pm

Cleaner engines
 

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