Rundown
Former Red Sox hurler Curt Schilling must seek private financing to keep his video game company 38 Studios afloat. The studio earlier this month failed to make a $1.125 million payment to Rhode Island on a $75 million loan. The payment was ultimately made, but RI Gov. Lincoln Chafee implemented changes that prevent 38 Studios from receiving any additional financial help from the state.
Kayak ready
Travel search company Kayak.com, which has been putting off its plans to go public for more than a year and a half, is now getting ready to pull the trigger.
Janney
Midsize broker Janney Montgomery Scott expects to increase its total advisers by 5 percent to 10 percent annually.
Empire blues
New York’s jobless rate rose to 8.5 percent, marking the third month in a row in which it was the sole state with an unemployment rate higher than the previous year, the Labor Dept. said.
Cheaper java
Kraft Foods lowered prices on many of its US coffees, including Maxwell House.
Copyright 2010 Thomson Reuters. Click For Restrictions
Lincoln Chafee, Curt Schilling, 38 Studios, Red Sox, Janney Montgomery Scott, Rhode Island
No comments:
Post a Comment