NEW YORK (Reuters) – The U.S. Treasury on Monday set long-awaited guidance on a plan for mortgage companies to speed “short sales” of homes and other loan modification alternatives to stem a rising tide of foreclosures.

See the rest here:
Treasury sets guidance to simplify “short sales”

On Nov. 30, Google announced winners of its Android Developer Challenge 2, a competition to create the best apps for Android-based phones like the Motorola Droid. The overall winners are “SweetDreams,” a tool that lets you go to sleep without having to tinker with phone settings; multi-player game …

Read the rest here:
Android Developer Challenge 2 Winners Announced

JDA Software Group Inc., which makes inventory management software for retailers, said Monday it plans to sell $275 million of senior notes in a private offering. JDA plans to use the proceeds to help pay for the acquisition of i2 Technologies Inc., along…

Inventory – I2 Technologies – Business – JDA Software – Senior debt

View original here:
JDA Software plans $275 million debt offering

OmniVision Technologies Inc., which makes chips for digital cameras and webcams, said Monday it moved to a profit in its fiscal second quarter as sales rose by 12 percent. But the company’s outlook for the current quarter left open the possibility it would…

Digital camera – OmniVision Technologies – Shopping – Photography – Cameras and Camcorders

Source:
OmniVision posts second-quarter profit of $8.1M

Equipment supplier United Rentals Inc. said Monday its government services unit has won state purchasing contracts in Texas and Massachusetts as spending increases in part due to the government’s economic stimulus program. The company, based in Greenwich,…

Massachusetts – Texas – United Rentals – Government – United States

The rest is here:
United Rentals wins contracts from Texas, Mass.

The U.S. Supreme Court has rejected another request by former Qwest Communications International Inc. CEO Joseph Nacchio to review his insider trading conviction. The court revealed Monday that it won’t reconsider its decision in October not to take up his…

Insider trading – Joseph Nacchio – Qwest – Supreme Court of the United States – Supreme Court

More:
Supreme Court again denies ex-Qwest CEO Nacchio

Ethanol producer Green Plains Renewable Energy Inc. said Monday that Jeffrey Briggs will take on the position of chief operating officer, which has been held by CEO Todd Becker for the last year. Jeffrey S. Briggs will be responsible for the Omaha, Neb.-based…

Chief operating officer – Omaha Nebraska – Jeffrey Briggs – Record producer – Business

Here is the original post:
Green Plains names Jeffrey Briggs as new COO

A judge has ordered an 11-month prison sentence for a man who helped authorities bring bribery charges against the wife of U.S. Rep. John Conyers. Jim Rosendall represented Houston-based Synagro Technologies when he approved bribes to Monica Conyers to get…

John Conyers – United States House of Representatives – Monica Conyers – Detroit – United States

Originally posted here:
Man who aided Detroit corruption probe gets prison

A western Nebraska meat business has settled a 2-month-old lawsuit after agreeing to following federal inspection laws governing businesses that sell to commercial customers. Federal prosecutors had said Marky’s Meat Market in Gering violated meat inspection…

Nebraska – Business – United States Attorney – Lawsuit – United States

Read more from the original source:
Neb. meat business settles inspection lawsuit

Paper and packaging company International Paper Co. said Monday it priced an offering of $750 million in 7.30 percent senior notes due 2039. The funds will be used to pay back debt and for other general corporate purposes, the company said. The book-running…

International Paper – Business – Company – Debt – Senior debt

International Paper prices offer of $750M in notes

The owner of an iconic downtown Las Vegas hotel that hosted the World Series of Poker for 34 years will close the property’s hotel rooms, coffee shop and keno operations as a cost-cutting move, a spokeswoman said Monday. “It’s the downturn,” said Lisa…

World Series of Poker – Las Vegas Nevada – Casino – Hotel – Las Vegas

Originally posted here:
Binion’s closing Las Vegas hotel; casino remains

Dubai World borrowed billions of dollars to acquire some of the most high-profile commercial developments in the United States in recent years, and it could be forced to sell them at a loss if the Persian Gulf conglomerate can’t restructure its debts. Dubai…

Dubai – Persian Gulf – United States – United Arab Emirates – Middle East

Here is the original post:
Dubai World heavily invested in US hotels

US Airways’ pilots union said Monday it is concerned a deal with Delta Air Lines to swap takeoff and landing slots could lead to higher fares and a reduction in service to smaller communities. The US Airline Pilots Association said it sent a letter to the…

Delta Air Lines – US Airways – US Airline Pilots Association – Airline – United States

See the original post:
US Airways pilots union wants probe of slot swap

Connecticut officials are suing CVS/Pharmacy Inc., alleging it has sold food and over-the-counter medications past their expiration dates at many of its Connecticut stores. Attorney General Richard Blumenthal and Consumer Protection Commissioner Jerry Farrell…

Richard Blumenthal – Connecticut – Attorney general – CVS/pharmacy – United States

Credit:
Conn. sues CVS, alleging stores sold expired items

Planes belonging to Southwest Airlines Co. and FedEx Corp. suffered minor damage when they bumped wings while on the ground in Salt Lake City. A Southwest spokesman said the airline’s jet was beginning to pull back from the gate when it was clipped by a FedEx…

Airline – Salt Lake City – Southwest Airlines – FedEx – United States

Read the original:
Southwest, Fed Ex planes dinged in airport mishap