Business Law News
[05/12] JPMorgan Chase CEO: recession is just beginning
NEW YORK (AP) - JPMorgan Chase & Co.'s chief executive said Monday that while the crisis in the credit markets appears to be three-quarters over, he believes a U.S. recession is just beginning.
[05/12] Mortgage cos. reveal damage from housing crisis
By STEPHEN BERNARD AP Business Writer NEW YORK (AP) - Broad damage in the mortgage industry was in full view Monday as a number of companies posted dismal first-quarter earnings, but there were also some hope that the worst of the housing crisis is over.
[05/12] Sprint affiliate sues to block Clearwire deal
By DAVID TWIDDY AP Business Writer KANSAS CITY, Mo. (AP) - An affiliate of Sprint Nextel Corp., iPCS Inc., said Monday it is seeking to block Sprint from forming a wireless broadband company with Clearwire Corp.
[05/12] Cablevision buys Newsday from Tribune for $650 million
NEW YORK (AP) - Cablevision Systems Corp. says it is buying the Long Island-based newspaper Newsday from Tribune Co. for $650 million.
[05/12] Toyota says new US auto plant delayed
By YURI KAGEYAMA AP Business Writer TOKYO (AP) - A senior Toyota executive said Monday that plans for a new auto assembly plant in Mississippi are being delayed by worries about slumping American auto sales and a broader U.S. economic slowdown.
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