MAY
21
2007

Justices rule on education lawsuits

Parents need not hire a lawyer to sue public school districts over their children´s special education needs, the Supreme Court ruled Monday.

MAY
21
2007

ABN Amro, Barclays working on plans to sell ABN Amro Brazil

ABN Amro Holdings NV and Barclays are working on plans to sell ABN Amro´s Brazilian operations Banco Real, Het Financieele Dagblad reported, citing sources close to the Dutch bank.

MAY
18
2007

Giuliani earned $17 million from speeches, consulting

Republican presidential candidate Rudy Giuliani earned $17 million last year from speeches, his law and consulting firms and book royalties, according to his financial disclosure form.

MAY
18
2007

Chile´s Falabella agrees to buy D&S for $3.7 billion

Chile´s SACI Falabella, the country´s biggest department-store chain, agreed to buy supermarket owner Distribucion Y Servicio D&S SA for $3.7 billion to form Latin America´s second-largest retailer and expand internationally.

MAY
18
2007

Saudi company in lead to buy GE Plastics: source

Riyadh-based chemicals company Saudi Basic Industries Corp is in the lead to buy General Electric Co.´s plastics business, a source familiar with the situation said on Friday.

MAY
18
2007

Clear Channel agrees to raised $19.6 bln bid

Clear Channel Communications Inc. said on Friday its board backed an increased buyout proposal from Bain Capital Partners and Thomas H. Lee Partners of $19.6 billion, which gives shareholders an option to hold a stake in the restructured company.

MAY
18
2007

Bank of America sued for race discrimination

Five black current and former employees of Bank of America Corp. have sued the second-largest U.S. bank, accusing it of racial discrimination by steering lucrative clients to their white counterparts.

MAY
18
2007

North and South Send trains across the Korean frontier

Trains crossed the border between North and South Korea on Thursday for the first time in 56 years, an event both sides described as a milestone for reconciliation on the divided Korean Peninsula.

MAY
18
2007

Wolfowitz resigns, ending long fight at World Bank

Paul D. Wolfowitz, ending a furor over favoritism that blew up into a global fight over American leadership, announced his resignation as president of the World Bank Thursday evening after the bank’s board accepted his claim that his mistakes at the bank were made in good faith.

MAY
18
2007

Microsoft to buy online ad company

Microsoft said today that it would buy the online advertising company aQuantive for $66.50 a share, or approximately $6 billion. It is Microsoft’s largest acquisition ever, and the latest in a flurry of deals for online advertising firms by big Internet and media companies.

MAY
18
2007

Genetically modified corn seed closer to approval in Brazil

Brazil moved closer to clearing genetically modified corn seed.

MAY
18
2007

Brazil Congress may eliminate visas

A Brazilian congressional committee on Thursday approved a bill that aims to boost tourism by eliminating visa requirements for visitors from the United States and four other wealthy countries.

MAY
18
2007

Brazil, India set up work team for space program

Representatives of Brazil´s Space Agency (AEB) and India´s Space Department (ISRO) have set up a team to study cooperation in the space sectors of both countries, the AEB announced on Thursday.

MAY
17
2007

Russia says sues Bank of New York

Russia´s federal customs service said on Thursday it had filed a suit claiming $22.5 billion in damages from Bank of New York Co.

MAY
17
2007

Motorola buys video encoding company Modulus Video

Motorola Inc. said on Thursday it will buy Modulus Video Inc., a privately held video encoding company, for an undisclosed amount.

MAY
17
2007

Blackstone to Acquire Alliance Data for $6.76 Billion

Blackstone Group LP agreed to buy Alliance Data Systems Corp., which runs marketing programs and processes credit cards for companies including retailers and gas stations, for about $6.76 billion.

MAY
17
2007

WPP Group to buy 24/7 Real Media, an online ad company

In an effort to catch up with Google’s fast-growing online advertising business, the WPP Group, the advertising holding company that owns traditional ad agencies like JWT and Grey Global Group, agreed today to pay about $649 million to acquire 24/7 Real Media, an advertising network and technology company.

MAY
17
2007

Coalition to make buildings energy-efficient

A coalition of 16 of the world’s biggest cities, five banks, one former president and companies and groups that modernize aging buildings on Wednesday pledged investments of billions of dollars to cut urban energy use and releases of heat-trapping gases linked to global warming.

MAY
17
2007

Doral gets $610 million bailout led by Bear Stearns

Doral Financial Corp. agreed to sell $610 million of stock to an investor group led by Bear Stearns Cos., easing a cash crunch that pushed the Puerto Rican bank owner to the brink of insolvency.

MAY
17
2007

Google wins adult photos appeal

A US federal appeal court has overturned a ruling preventing Google´s image-search displaying small versions of photos from an adult website.

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