Word: billioned
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
Bryan Eshelman, a managing director in the retail practice at AlixPartners, a global business advisory firm, says the retail recovery has a long road ahead. "We're still about $25 billion [in retailer sales] below the autumn 2007 peak on a seasonally adjusted basis," he says...
...this desolate spot, like so many other abandoned small towns in Appalachia, is a gateway to hidden wealth. Deep within Boone County are rich seams of coal, holding some 3.6 billion tons of the black stuff and millions in profits - and much of it sits in Cherry Pond Mountain, a few miles from Lindytown. The largest coal-mining company in the region - Massey Energy, based in Richmond...
...lender of last resort is increasingly ditching those with low scores in favor of people with better credit. In the last seven months of 2009, the most recent data available, the FHA, which doesn't make its own loans but provides insurance for lenders that do, backed just $8.3 billion in loans to borrowers with a credit score of 619 or worse. That's down from $39 billion in the same time period a year before. (See a report card on the stimulus programs...
...announcement by French aerodefense group EADS that it was pulling out of the bidding process for a $35 billion contract to supply midair refueling planes to the Pentagon sent shock waves across Europe this week. EADS, which was partnering in the bid with the U.S. company Northrop Grumman, based its decision on its claim that the competition had been rigged in favor of archrival Boeing - an accusation that spurred charges of unabashed American protectionism in Europe. Now, with both sides digging in their heels, what began as a transatlantic flap over the refueling-aircraft business is starting to sound like...
...after the initial round of austerity measures, announced in December, failed to convince international markets and the country's European partners that Greece could rein in its ballooning deficit on its own, Papandreou's administration was forced to tack on a second, harsher round of measures. The $6.5 billion package includes cuts in civil servants' salaries, a freeze on pensions and a host of tax increases, including a 2% bump in the value-added...