The California-based international partnership Sea Launch Co. has launched a satellite for Intelsat customers from its land-launch operation in Kazakhstan. The rocket lifted off at 1 p.m. PST Monday. Spokeswoman Paula Korn at the company’s Long Beach…
Kazakhstan – Long Beach California – Asia – Sea Launch – Government
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Calif company launches satellite from Kazakhstan
Continental Airlines Inc. said Monday that credit and debit cards will be accepted for purchases onboard most its aircraft starting Tuesday. Flight attendants will use new hand-held devices to process the card payments for purchases of alcoholic beverages and…
Continental Airlines – Business – Debit card – Credit card – Financial Services
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Continental shifting toward cashless cabin
Greek shipping company Tsakos Energy Navigation Ltd. said Monday it has entered into time-charters for four handymax MR product tankers. The name of the oil client it entered into an agreement with was not disclosed. A minimum of roughly $32 million in…
Tsakos Energy Navigation – Greek shipping – Business – Energy – Oil
Six Massachusetts hospitals are suing the state, saying they were shortchanged by the 2006 health care law. The hospitals claim the state violated a law requiring health care providers be adequately reimbursed for caring for Medicaid and Medicare patients….
Health care – Medicaid – Health – Hospital – Massachusetts
IBM Corp. said Monday that it has acquired Guardium, a provider of database monitoring and protection services. Terms of the deal were not disclosed. Guardium’s technology helps companies protect data, monitor database activity and automate tasks related to…
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IBM to buy database monitoring company Guardium
Landauer Inc. said Monday its board increased its quarterly dividend to 53.75 cents per share for the first quarter. Landauer, based in Glenwood, Ill., is a consultant on radiation exposure to hospitals, medical offices, universities and others. The increase…
Hospital – Environment – Organizations – United States – Government
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Landauer raises dividend to 53.75 cents per share
Investors shook off some their worries about the strength of holiday sales and Dubai’s financial problems, and extended the stock market’s big November gain. Stocks fluctuated through the day Monday, but traders ultimately were not deterred by reports that…
Dubai – United Arab Emirates – United States – Middle East – Stock
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Stocks turn higher to extend month’s big gains
Marathon Oil said Monday that J. Douglas Sparkman will retire Jan. 1 as senior vice president of transportation and logistics of downstream subsidiary Marathon Petroleum, and will be succeeded by Mary Ellen Peters. Peters is currently senior vice president of…
Vice president – Marathon Oil – United States – Business – History
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Marathon Oil shuffles downstream operations execs
A survey of large companies shows the economy is prompting stressed-out workers to call in sick more and seek greater help from employee assistance programs. Benefits consultant Watson Wyatt says 22 percent of companies responding to an e-mail survey have…
Employment – Business – Human resources – Watson Wyatt Worldwide – Employee assistance programs
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Survey: Growing worker stress seen in benefits use
If global investors were looking for reassurances from Dubai that it would stand behind its massive, debt-swamped investment conglomerate, they got none Monday. Instead, the Gulf city-state seemed to wash its hands of the financial woes that have rattled…
Dubai – List of tallest buildings and structures in the world – United Arab Emirates – Middle East – Business and Economy
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Worries that Dubai washing its hands of debt woes
The little-known Vienna Initiative helped stave off a bank meltdown in Central and Eastern Europe. But the region isn’t out of the woods
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The Financial Fix That Saved Eastern Europe
NEW YORK (Reuters) – Stocks inched lower on Monday with retail shares down after Black Friday and data suggesting weak holiday sales, while data showing expansion in business activity in the Midwest helped to limit losses.
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Stocks dip with retailers on spending worries
The Federal Housing Administration is proposing stricter rules for lenders to reduce its risk and insure it can cover future losses. The agency proposes to require lenders to have a net worth of at least $1 million in the first year and $2.5 million within…
Federal Housing Administration – Net worth – Business – Mortgage – Insurance
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FHA proposes tighter rules for lenders
Shares of GameStop Corp. retreated Monday amid worries that video games aren’t selling as well early this holiday season as many had hoped. Though there wasn’t any new data available from GameStop or the NPD Group, which tracks U.S. video game sales,…
Video game – NPD Group – GameStop – Games – Christmas and holiday season
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GameStop shares slip amid game sale jitters
Two Indiana utilities have announced they are reinstating heating assistance programs following a state order requiring them to pay more of the programs’ funding. Vectren and Citizens Gas say they’ll renew the natural gas discounts, which the Indiana Utility…
Natural gas – Public utility – Indiana – Energy – Business
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2 Indiana utilities OK heating assistance programs