Delphi, Solutia, Tousa, Asarco, Levitt: Bankruptcy

Hephaestus Holdings Inc., whose
subsidiaries forge parts for auto makers, emerged as the winning
bidder at an auction for the bearings business belonging to
Delphi Corp. Neither Delphi nor the buyer disclosed the price in
statements yesterday.
The hearing to approve the sale is scheduled for March […]

Goldman Hires Pulitzer-Winning Journalist to Snare Millionaires

The conference started with a
cookout at the Mandarin Oriental hotel on Elbow Beach in Bermuda
and ended with a talk by 23-year-old Lauren Bush, an anti-hunger
activist, former model and niece to President George W. Bush. In
between, executives at Goldman Sachs Group Inc. taught scions of
wealthy families how to invest in hedge funds. […]

Sweat the BIG stuff

Choose your clich%26eacute;: Penny-wise, pound-foolish, A penny saved is a penny earned. Whichever you favor, you’re probably spending time counting pennies when you should be thumbing dollars.
Are you the sort of consumer who checks GasBuddy.com to save a nickel on a gallon of gas and then blindly renews the auto insurance every year without […]

35W bridge victims’ benefit package wins 1st round

A bill to compensate victims of the Interstate 35W bridge collapse took its first legislative step Thursday morning by winning approval from a state House committee.
A proposal by Rep. Ryan Winkler, DFL-Golden Valley, to set up a Sept. 11-style fund passed the Government Operations Committee on a voice vote without dissent but not without debate.
Some […]

PRESS DIGEST - New York Times business news - Feb 21

* Makers of medical devices like implantable defibrillators
or breast implants are immune from liability for personal
injuries as long as the Food and Drug Administration approved
the device before it was marketed and it meets the agency’s
specifications, the Supreme Court ruled.
* The Supreme Court’s ruling limiting lawsuits by patients
over medical devices comes just as independent […]

I-35W bridge victims may now get $20,000 in relief

Bridge collapse survivors in dire financial need got access on Thursday to more emergency money — up to $20,000 per person — to make up for lost income due to the disaster.
The money will come from a $1 million hardship relief account set aside in November to help bridge victims with short-term needs while state […]

Sweat the BIG stuff

Choose your clich%26eacute;: Penny-wise, pound-foolish, A penny saved is a penny earned. Whichever you favor, you’re probably spending time counting pennies when you should be thumbing dollars.
Are you the sort of consumer who checks GasBuddy.com to save a nickel on a gallon of gas and then blindly renews the auto insurance every year without […]

Delphi, Solutia, Tousa, Asarco, Levitt, Dura: Bankruptcy

Hephaestus Holdings Inc., whose
subsidiaries forge parts for auto makers, emerged as the winning
bidder at an auction for the bearings business belonging to
Delphi Corp. Neither Delphi nor the buyer disclosed the price in
statements yesterday.
The hearing to approve the sale is scheduled for March […]

35W bridge victims’ benefit package wins 1st round

A bill to compensate victims of the Interstate 35W bridge collapse took its first legislative step Thursday morning by winning approval from a state House committee.
A proposal by Rep. Ryan Winkler, DFL-Golden Valley, to set up a Sept. 11-style fund passed the Government Operations Committee on a voice vote without dissent but not without debate.
Some […]

I-35W bridge victims may now get $20,000 in relief

Bridge collapse survivors in dire financial need got access on Thursday to more emergency money — up to $20,000 per person — to make up for lost income due to the disaster.
The money will come from a $1 million hardship relief account set aside in November to help bridge victims with short-term needs while state […]