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...trading business. Other areas Cantor is looking to for expansion include the business of offering advice to troubled companies on how to refinance their debt. The firm is also hoping to break into the business of underwriting stock and bond offerings. "I am very happy I made the move to Cantor," says Teevan. "This place has been rebuilt and it is thriving...
...foot dragging on Chrysler is affecting GM, too. In a Friday conference call with the media, GM chairman Fritz Henderson lamented that GM's own union negotiations are being slowed because the UAW won't move forward until the Chrysler/Fiat negotiations are resolved. That makes sense: Whatever terms Chrysler gets will be a precedent for GM, too. GM faces a June 1 deadline from the U.S. government to produce sufficient cuts to ensure viability...
...counting on Obama to save Mexico from the wrath of the drug armies. Victor Clark Alfaro, director of the Binational Center for Human Rights, said the Administration's efforts to stop U.S.-sold guns from getting to Mexico are futile, unless the weapons are banned in shops - a move U.S. officials have shied away from. "If the entire border-patrol service cannot stop tons of drugs and millions of migrants heading north, how will a few hundred U.S. agents stop all the guns coming south?" he asks...
...capital last December because of voter anger at rampant violent crime and deficient city services - calls the new law "an atrocity" and "the final blow against decentralization." Chavistas like National Assembly Deputy Carlos Escarra say that's a "grand falsehood" and insist the law was a constitutionally legitimate move "to strengthen the federal district's administration...
...flotilla of some 500 boats that had blocked the ports of Calais, Boulogne and Dunkirk since Tuesday weren't protesting the recession as such, but rather European Union fishing quotas that the fishermen claim further undermine already slumping business. Still, their move to bring trans-Channel traffic to a creep - and shut down ferry service altogether - paralleled similarly muscular action by workers across France who have taken the law into their own hands to protect their jobs. (See pictures of France on fire...