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Why Boeing, IBM and Coke hold Delta keys
IF US AIRWAYS GROUP CEO Doug Parker wants his plan to buy Delta Air Lines Inc. to succeed, he's going to have to convince the likes of Boeing Co., the Coca-Cola Co. and IBM that it's a good idea.Parker on Wednesday made public a letter he sent to Delta CEO Gerald Grinstein, in which he offered to buy the Atlanta airline for $8 billion after Delta exits bankruptcy protection.Speculators helped fuel Florida housing boom
NAPLES, Fla. - In 2005, this once-sleepy retirement haven on Florida's west coast was arguably the hottest housing market in the country.Builders held lotteries to determine who could purchase homes in new gated communities. In the older neighborhoods, buyers were snapping up modest ranch houses and cottages soon after they were listed for sale.AirTran: $389 million is final offer for Midwest
MILWAUKEE AP - The head of AirTran Holdings Inc. said Monday the company has made its final offer for rival Midwest Air Group Inc., a cash and stock deal worth $389 million.The owner of AirTran Airways raised its previous offer of $345 million nearly 13 percent Monday in its hostile bid for the regional airline that prefers to go it alone.View more book results for the query "Bank of New York Mellon"
Coke details its new marketing chief's compensation plan
The Coca-Cola Co., the world's largest beverage maker, disclosed Wednesday its recently hired marketing chief is in line for millions of dollars in compensation over time.Terms of Joseph V. Tripodi's employment agreement were included in a letter contained in the Atlanta-based company's quarterly report to the Securities and Exchange Commission.Looking for hints about Wall Street's next moves
THE ADVICE "follow the money" is being taken to heart by some private equity fund managers, who are leaving the lucrative dealmaking business for berths in corporations. At the same time, there is some increasing evidence of corporate acquirers using their stock, not cash or debt, to finance their deals.One way of reading these events is that those in the know are growing more worried that the stock market run can't continue much longer.US lawyer imprisoned in Belarus freed after pardon
MINSK, Belarus AP - An ailing American lawyer who was imprisoned in Belarus last year on charges of using fake documents and attempted industrial espionage walked free Tuesday night after a presidential pardon.Emanuel Zeltser, a 55-year-old diabetic, was sentenced to three years in prison in August 2008 after being convicted in a closed trial on charges his supporters called politically motivated.Coke hires former insurance executive as new marketing chief
ATLANTA AP - The Coca-Cola. Co., the world's largest beverage marker, said Friday it has tapped a former insurance company executive as its new chief marketing officer.Joseph V. Tripodi, who most recently had been the senior vice president and chief marketing officer for Allstate Insurance Co., will lead a new function at Coca-Cola combining the company's global marketing and commercial organizations.State AI Legislation Is on the Move in 2024
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