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GM sells part of GMAC division
YAHOO
USATODAY.com - General Motors said Thursday that its finance arm is raising nearly $9 billion in cash by selling a majority interest in its commercial mortgage division in a move that spruces up the books of the auto loan and insurance business the struggling automaker is trying to sell.
Schools spending 'slowing down'
BBC
Education spending is slowing despite Gordon Brown's pledge of a cash bonanza for schools, a think tank says.
Some GOP Flee From Bush, but Not His Money
YAHOO
AP - Many worried Republicans on the ballot in November have been pushing away from the White House, not wanting to be dragged under by President Bush's sinking approval ratings and growing anxiety over Iraq. That doesn't mean they're also fleeing his cash offerings, however.
Court grants seizure of 1m euros
BBC
Ireland's Criminal Assets Bureau obtains a High Court order to seize more than 1m euros in cash and cheques.
GM Selling Majority Stake in Part of Unit
YAHOO
AP - General Motors Corp. said Thursday that it is selling a majority interest in its commercial mortgage division for $1.5 billion in cash to a private investment group.
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Liberty Global to Sell UPC France SA
YAHOO
AP - Liberty Global Inc. on Thursday said it agreed to sell its French cable business, UPC France SA, for about 1.25 billion euros ($1.51 billion) in cash to two private equity firms.
Sources: YAHOO
Liberty Global to sell UPC France for $1.5 billion
YAHOO
Reuters - Cable operator Liberty Global said on Thursday it would sell its French operations for 1.25 billion euros, or about $1.51 billion, cash to private equity firms Altice and Cinven.
Sources: YAHOO
IBM think-tank calls on businesses to save the world while making money
YAHOO
AFP - While Hollywood celebrities and Silicon Valley executives have the cash to pay for trendy earth-friendly lifestyles, ordinary people don't, a US think-tank warned.
Sources: YAHOO
Enron's Lay lied to credit agencies: witness
YAHOO
Reuters - Former Enron Chief Executive Ken Lay lied to credit agencies to prop up the energy trader's ratings even as its cash dwindled, the company's former treasurer testified on Wednesday.
Sources: YAHOO
McClatchy Likely To Sell Knight-Ridder Papers To Several Buyers
AHN
Denise Royal - AHN Staff Writer Philadelphia, PA (AHN) - The bloc of 12 newspapers being sold by the McClatchy Co. as part of its acquisition of Knight Ridder Inc. will likely be broken up and bought by several buyers. Last week, McClatchy agreed to pay $4.5 billion in cash and stock to...
Sources: AHN
Charity gets cash for web clicks
BBC
The NSPCC is to receive cash donations when computer users search using a special search portal.
Sources: BBC
"Chicago" producer sues Miramax for $10 million
YAHOO
Reuters - Producer Marty Richards won an Oscar for the 2002 movie "Chicago" but claims to have lost millions in royalties and is suing Miramax Films to get his hands on the cash.
Sources: YAHOO
Colgate To Acquire Tom's Of Maine For $100 Million
AHN
Yvonne Lee - AHN Staff Reporter New York (AHN) - Colgate-Palmolive Co. announces Tuesday that it will acquire Tom's of Maine for $100 million in cash. The consumer products company says it will buy 84 percent of the outstanding shares of Tom's. The Associated Press reports that the Chappell...
Sources: AHN
Wad of Cash Found in New Orleans Home
YAHOO
AP - Trista Wright was spending her spring break cleaning out hurricane-damaged homes when she discovered some unusual papers among the moldy plaster board and debris.
Sources: YAHOO
VeriSign Buys m-Qube For $250 Million
AHN
Matthew Borghese - AHN Staff Writer New York, New York (AHN) - VeriSign, Inc. will acquire m-Qube, a mobile channel enabler, for $250 million in cash. The move gives VeriSign the potential to reach more than 200 million wireless subscribers in North America, via the delivery of premium...
Sources: AHN
Katrina Taught Aussies How to Handle Storm
YAHOO
AP - The emergencies were startlingly similar: a huge, swirling storm bearing down on coastal areas with frightening inevitability. Within a few hours of the most powerful cyclone in decades hitting Australia's northeastern coast Monday, state and federal governments had declared a state of emergency, prepared Black Hawk helicopters to run rescue missions and announced cash payouts for victims.
Sources: YAHOO
Kerzner agrees to be bought for $3 billion
YAHOO
Reuters - Resort operator Kerzner International Ltd said on Monday it agreed to be bought by an investor group led by its chairman and chief executive for $76 a share in cash, or about $3 billion.
Sources: YAHOO
Williams-Sonoma 4Q Profit Rises 6 Pct.
YAHOO
AP - Home furnishing retailer Williams-Sonoma Inc., which owns the Pottery Barn and West Elm brands, said Monday that its fourth-quarter profit rose 6 percent and initiated its first quarterly cash dividend.
Sources: YAHOO
R.R. Donnelley to buy outsourcing firm for $250 mln
YAHOO
Reuters - Printing services company RR Donnelley & Sons on Monday said it has agreed to buy OfficeTiger, a business process outsourcing company, for about $250 million in cash.
Sources: YAHOO
Church Fire Suspects Decline to Post Bond
YAHOO
AP - Three college students accused in a string of rural Alabama church fires will not seek release on bond on the federal charges, their attorneys said.
Sources: YAHOO
Rural pupils 'miss out on funds'
BBC
Pupils living in rural areas miss out because government cash is targeted at inner city schools, heads warn.
Sources: BBC
Home care 'to cut NHS deficits'
BBC
Hospital cash deficits could be reduced by treating people with chronic illnesses like heart disease at home.
Sources: BBC
Victim of Official Oppression Jailed for Faxing Notices; Bail set for $250,000 Cash, Payable in Full for One Count of Harassment
PRWeb
Rev. John W. Stone, an advocate for equal justice and rights of children, was accosted and jailed for for faxing press releases and notices. The notices were of claims against Maricopa County Arizona, the City of Peoria Arizona, and others. The person responsible for the complaint to prosecute Stone for faxing was one of the persons being sued by Stone and wife. The Stones' claims expound theft, deprivation of due process rights, discrimination, corrupt interference of judicial proceedings and businesses; and more. Federal, state, and local officials involved. Judge sets bail as cash only -- payable in full for $250,000. No hearing is scheduled at this time. [PRWEB Mar 16, 2006]
Sources: PRWeb
Phoenix,Witherspoon duet nets CMT video nomination
YAHOO
Reuters - Actors Joaquin Phoenix and Reese Witherspoon probably never expected to star in a music video when they signed on for the film "Walk the Line," but their version of "Jackson" has netted them a CMT Music Award nomination for collaborative video of the year. The pair portray Johnny Cash and June Carter Cash in the film and the video, which is taken from the movie.
Sources: YAHOO
Isa warning as deadline looms
BBC
Savers are warned to beware the most tempting cash Isa saving offers, as some have hidden traps.
Sources: BBC
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