Chinese company to buy U.S. movie theater chain AMC
Chinese conglomerate Dalian Wanda Group Co. announced this morning it's buying a major U.S. cinema chain—AMC Entertainment Holdings—for $2.6 billion in China's biggest takeover of an American company to date. The Beijing-based company...
DATE: May 21, 2012 | CATEGORY: Daily Report
Troubles roil biodiesel credit-trading market
In recent months, the tax credit-trading market for the biodiesel industry has been rattled by fraud allegations, plummeting confidence and numerous lawsuits. The Houston Chronicle reports the EPA has identified more than 140 million...
DATE: May 21, 2012 | CATEGORY: Daily Report
News roundup: Yahoo to sell half of its Alibaba stake for $7.1B … FBI warns about hackers targeting hotel guests … Reports: Nasdaq 'embarrassed' about Facebook delay
Rebooted: Struggling Internet company Yahoo Inc. has secured a lifeline after agreeing to sell half of its prized stake in Chinese e-commerce group Alibaba for about $7.1 billion, with most of the cash going to shareholders. The...
DATE: May 21, 2012 | CATEGORY: Daily Report
Just between you and me
(From Bloomberg) Victor Hand, a semi-retired railway manager in Maine, grew so alarmed when he learned that his state was building a database to store all residents' medical files that he rushed to the hospital to try to opt out.
DATE: May 18, 2012 | CATEGORY: News
LaPolitics by Maginnis: Trash talking at the Capitol
Loping through the Capitol basement, an ebullient John Kennedy hardly looked like a treasurer who had just been accused of bogus accounting by the governor's office, after he accused the state leader of budgetary scare tactics. "I just want to know,...
DATE: May 18, 2012 | CATEGORY: Daily Report
Editor: Cowards steer our ship of schools
Cut out the inflammatory rhetoric on the subjects of public education, school choice and independent districts, and Business Report Executive Editor JR Ball says you're left with this simple, inescapable conclusion: Few people, if any, are...
DATE: May 18, 2012 | CATEGORY: Daily Report
CABL president: Higher ed cuts would cause damage for decades
The cuts to higher education being proposed at the Capitol, if implemented, will be an "absolute disaster for Louisiana," says Council for a Better Louisiana President Barry Erwin. "Not just a disaster for schools and campuses, but for the entire...
DATE: May 18, 2012 | CATEGORY: Daily Report
Restaurants say USBC championships helping sales
The United States Bowling Congress Open Championships have been rolling at the Baton Rouge River Center for three months now, and downtown-area restaurants say the influx of bowlers has created a noticeable uptick in business. Mayor Kip Holden...
DATE: May 18, 2012 | CATEGORY: Daily Report
News roundup: Albemarle raises prices on flame retardant … Ex-BP engineer challenges travel restrictions … Norquist endorsement fuels fire for Jindal as Romney's running mate
Flaring up: Baton Rouge specialty chemical maker Albemarle Corp. announced today it's increasing prices on a flame retardant known as SAYTEX HP by 20% to its customers across the globe, or as contracts allow. The increase is...
DATE: May 18, 2012 | CATEGORY: Daily Report
Make microchipping mandatory
All it takes is a one-second opportunity—a rusty gate latch, a loose fence board or a screen door left slightly ajar—combined with natural curiosity about the neighbor's garden, or the prey drive to catch that pesky squirrel, for Fideaux...
DATE: May 18, 2012 | CATEGORY: Unleashed
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