News : AFRICA : Business, Economics & Finance

News : AFRICA : Business, Economics & Finance
News : Business, Economics & Finance


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BUSINESS, ECONOMICS & FINANCE IN AFRICA

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Bellevue, Wash. teachers vote to end strike

BELLEVUE, Wash. (AP) -- Classes to start the 2008-09 school year will finally begin Monday morning in the 16,000-student Bellevue School District after teachers voted to call a halt to their nine-day strike that upset some parents....

Vancouver, Wash., man presumed drowned

VANCOUVER, Wash. (AP) -- A 20-year-old man is missing and presumed drowned while apparently trying to swim across the Vancouver Lake Flushing Channel south of Frenchman's Bar Park in Vancouver, Wash....

Lehman looks headed toward bankruptcy

As the outlook for Lehman Brothers appeared to dim Sunday, U.S. and foreign banks joined forces to create a plan aimed at inoculating the global financial system against the investment bank's possible failure, a top investment banking official said.


Electronic Arts drops bid for Take-Two

Video game publisher Electronic Arts Inc. said Sunday it ended talks to buy smaller rival Take-Two Interactive Software Inc., best known for the "Grand Theft Auto" series of games.

Seattle chef inducted into Salmon Hall of Fame

BREMERTON, Wash. (AP) -- The owner and chef at the Flying Fish restaurant in Seattle has been inducted into the Pacific Northwest Wild Salmon Hall of Fame....

AIG reportedly plans major restructuring

The Wall Street Journal reported Sunday that American International Group Inc. plans to disclose a restructuring by early Monday that's likely to include the disposal of major assets including its aircraft-leasing business and other holdings.

Ike still affecting cost of gas as it jumps again

Ike still affecting cost of gas as it jumps again

Pump prices jumped above $5 per gallon in some parts of the country Sunday as Hurricane Ike, which caused less destruction than feared, left refineries and pipelines idled and destroyed at least 10 offshore petroleum platforms in the Gulf of Mexico.


Woman killed by car in King County, Wash.

SEATTLE (AP) -- The State Patrol reports a pedestrian trying to cross Highway 169 in the Renton/Maple Valley area was struck and killed by an SUV....

Lehman may have waited too long to seek help

Lehman may have waited too long to seek help

If the mortgage meltdown is like a financial hurricane, then think of Lehman Brothers as a casualty that waited too long to cry for help.


Fed to meet as financial sector worries grow

Wall Street enters the new week filled with trepidation about what lies ahead for the financial sector.

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