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Nation and World Business briefs Published: Wed, May 23, 2012 A look at top business stories in the nation and world. Read More
Shareholder advisers calling for new leadership at Chesapeake Published: Tue, May 22, 2012 Two advisory services are urging Chesapeake Energy Corp. shareholders to replace two members of the company's board at next month's annual meeting. Read More
Chesapeake cuts board member compensation Published: Fri, May 18, 2012 Chesapeake Energy Corp. has reduced compensation for its outside board members by 20 percent and eliminated their use of company aircraft “in consultation with an independent compensation adviser as part of a broader review of the company's executive compensation programs.” Read More
Chesapeake increases loan to $4 billion Published: Tue, May 15, 2012 Chesapeake Energy Corp. increased the amount of its most recent loan on Tuesday even as the company's debt was downgraded. Read More
JPMorgan loss renews calls for oversight Updated: Fri, May 11, 2012 The big bank claims that a surprise $2 billion loss by one of its trading groups was the result of a well-intentioned strategy to manage financial risk. Read More
Reuters -- Special Report: Chesapeake's deepest well: Wall Street Updated: Wed, May 9, 2012 NEW YORK — Far from the drilling rigs of Oklahoma, America's second-largest natural gas producer is having to dig ever deeper into the well that really fueled its growth: Wall Street. In a Times Square office building, a team tapped by Chesapeake Energy Corp deployed more than 40 bankers, lawyers and other... Read More
Hubby needs to grow up and start saving Published: Tue, Dec 20, 2011 DEAR BRUCE: I have several questions and do not know where to start. I am worried about our retirement. I have had several jobs over the years, but none has had a retirement plan. We have moved a lot due to my husband's military career. He is now retired, and his retirement goes to our mortgage. He also works... Read More
You borrowed from a credit company, pay it back Published: Wed, Aug 4, 2010 Bruce Williams discusses credit cards and separation of finances in a remarriage scenario. Read More
Rick Moody to Microserialize via Twitter on @ElectricLit Updated: Mon, Nov 23, 2009 The first story written expressly for Twitter by a major literary author, "Some Contemporary Characters" will be tweeted over the course of three days on Electric Literature's Twitter channel, @ElectricLit, beginning Monday, November 30th at 10 am. Utilizing social media, followers of the story will re-tweet it in... Read More
Battered financial industry faces more oversight Published: Sun, Oct 5, 2008 WASHINGTON -- With the passage of the $700 billion rescue package, the financial industry will face greater congressional scrutiny in coming weeks and months. Further-reaching regulation is almost certain. Previously obscure corners of the industry now subject to few rules, such as complex derivatives and hedge... Read More
Government steps in again, bails out AIG with $85B Updated: Wed, Sep 17, 2008 WASHINGTON (AP) -- Another day, but not just another bailout. This one's a stunning government takeover. In the most far-reaching intervention into the private sector ever for the Federal Reserve, the government stepped in Tuesday to rescue American International Group Inc. with an $85 billion injection... Read More
Loan talks may delay jail's completion Updated: Tue, Jul 11, 2006 CHICKASHA - Plans to complete the unfinished fourth floor of the Grady County jail could be delayed another month as the county negotiates terms of a $2.9 million loan with the loan's insurer. County officials learned in April they had received the loan from the U.S. Department of Agriculture to add 234 beds to... Read More
Williams to settle shareholder suit Updated: Wed, Jun 14, 2006 TULSA - Williams Cos. Inc. has agreed to settle a class-action lawsuit filed by shareholders for $290 million related to the Tulsa company's stock sell-off in 2002 after ill-fated ventures into telecommunications and energy trading, the company said Tuesday. Under the proposed agreement, which is subject to court... Read More
Williams Partners gets credit rating Updated: Sat, Jun 10, 2006 TULSA - Credit-rating agency Moody's Investor Service on Friday initiated coverage on Williams Partners LP, assigning the Tulsa-based natural gas company a corporate family rating of "Ba3," the third-highest junk status. Moody's also assigned a "Ba3" senior secured rating to the company's proposed $150 million... Read More
GM slashes earnings forecast Updated: Thu, Mar 17, 2005 General Motors Corp. slashed its earnings outlook Wednesday citing a tougher North American market that is increasingly turning toward cars over its aging truck and sport utility vehicle lines. The company already has slowed production of the seven-passenger sport utility vehicles made in Oklahoma City, a move... Read More
On-the-spot credit at stores not best idea for consumer discount Updated: Sun, Nov 28, 2004 Holiday shoppers might be unable to elude crowds and long lines this season, but there's one thing they should avoid at, well, all cost: On-the-spot credit applications. Experts offer advice to rein in tradition of excessive buying Experts say the instant credit cards, which virtually all department stores... Read More
Bonds sold to begin MAPS for Kids Updated: Thu, Jan 24, 2002 The Oklahoma City School District soon will have money to begin the multimillion dollar MAPS for Kids projects after school board members sold $82.7 million in construction and technology bonds Wednesday. The money -- which won't be available for about six weeks -- could help pay for construction of at least two... Read More
CB Richard Ellis mulls offer Updated: Sat, Nov 18, 2000 IF CB Richard Ellis goes private in a top-management buyout, the effect on the commercial real-estate giant's Oklahoma operations would be subtle but fundamental. Decision makers here and across the global company would be freed from worry that day-to-day actions might hurt short-term earnings. Stockholders want... Read More
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