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The insurer will complete the sale of its airplane-leasing arm to a group of investors by early next year, an executive said.
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Troubled insurer has hired Wall Street rainmaker Ken Moelis to sell International Lease Finance Corporation its aircraft leasing unit.
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The shake-up in the core operations of American International Group, after its $85-billion bailout by the US government...
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General Motors, trying to raise cash as auto sales slump, said it may sell its ACDelco parts business.
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Boeing reached a tentative agreement with the union representing its white-collar engineers, but was forced to delay the latest cargo version of its 747 jumbo.
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Dawson International has signed a provisional agreement with Chinese cashmere company Ningxia Zhongyin for the sale of its spinning business Todd & Duncan.
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CHICAGO (Reuters) - International Lease Finance Corp, the plane-leasing business owned by insurer American International Group , will be sold to a group of investors and ILFC's management, Bloomberg reported on Saturday.
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Dairy Milk maker Cadbury will sell its last remaining drinks business to focus on chocolate and sweets despite retailers frantically pricing down confectionery stock amid fears of poor Christmas trading.
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Confectionary giant Cadbury plc (CBY, CBRY.L) Tuesday said it continues to expect strong profit growth for the year and reconfirmed its revenue and margin guidance provided in July and again in October. Additionally, the UK-based company said it has decided to sell its Australia Beverages business. In a separate statement, Cadbury said Andrew Bonfield would be its new chief financial officer.
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The Swiss bank agreed to sell a stake in its global investors business to Aberdeen Asset Management for 250 million British pounds ($361 million) in stock after losses at the unit.
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The Federal Deposit Insurance Corp has signed a letter of intent to sell IndyMac Bancorp to a group of investors led by Steven Mnuchin of Dune Capital Management
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Robert Tchenguiz, the property entrepreneur, lost £1bn in just 24 hours after being forced to offload his stakes in J Sainsbury and Mitchells & Butlers as the fallout of the Icelandic banking crisis hit corporate UK
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A small airplane crashed and caught fire Wednesday as it tried to land in foggy weather at a tiny mountain airport near Mount Everest, killing 18 people, including 16 tourists from Germany, Australia and Nepal, officials said.
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Business representatives on Wednesday discussed how to get governments and consumers on their side of the intellectual property debate.
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A United Airlines plane was diverted to O'Hare International Airport on Wednesday night after about a dozen passengers became ill during a flight.
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Elliot Davis Capital Partners will host a seminar titled "Selling Your Business in Any Environment - The ESOP Alternative" from 8 a.m. to 10:30 a.m. Nov. 7 at the Poinsett Club in Greenville
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Curious plane spotters were yesterday fooled into thinking a major incident was unfolding at Dublin Airport as staff took part in an emergency exercise.
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It used to be a rule of thumb in the business education world that when the economy was heading downhill, applications to MBA courses would experience a healthy upswing. Redundancies often increased the pool of people with the time and inclination to do a period of study. And beefing up one's CV made sense, in preparation for the upswing that (inevitably) followed leaner times.
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OOne of the executives taking part in ESADE business school's new global MBA is a Brazilian working for a Canadian company based in South Africa who travels extensively as part of his job. The Spanish school says a student with this sort of broad international background is typical of the executive who's attracted to a global MBA.
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If management schools can be judged by their business decisions, Henley Business School at the University of Reading would score highly at the moment. "A lot of people have said 'Boy, you got your timing right'," says Chris Bones, dean of the new institution.
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In 2004, Philip Delves Broughton was working as a journalist for the Daily Telegraph in Paris. His job made him the envy of many, but after becoming increasingly uncertain about his future in the industry, and having harboured a long standing interest in the financial world, he took the bold decision to enrol on the famous Harvard Business School MBA programme.
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"I am the only blonde in the MBA class," writes 27-year-old Morgan Witkin from Miami in a September blog post. "This happens to be the first time in my life I am a minority... and I am LOVING it."
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Listen up employers and MBA directors: women are your workforce, and it's time you started tailoring your courses and jobs to their needs.
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Extending America's reach; Looking to big business; Particles in the environment
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In an effort to turn a profit, YouTube expands to sales.
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Details: Cars.com Classified Ventures, LLC, based in Chicago, is a strategic joint-venture among five large media partners whose objectives are to collectively capitalize on the revenue growth in the online classified advertising categories
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Details: Functional Area: Sales Facility: Work at Home Employee Type: Full-Time Regular Relocation Provided: No Education Required: Bachelors Degree Experience Required: 5 - 7 Years Travel Percen
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Companies like AT&T and Verizon have long been considered a safe bet in troubled times. But a Sanford C. Bernstein analyst predicts that they will suffer too.
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Tropicana Field is an antique that does not draw adequate attendance or generate substantial revenues, and the Tampa Bay Rays want a new stadium.
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A small airplane crashed and caught fire as the pilot tried to land at a tiny fog-shrouded airport near Mount Everest, killing 18 people.
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