DISASTER IN HAITI
U.S. firms want part in Haiti cleanup
Who will remove the debris in Haiti remains to be seen, but Pompano Beach-based AshBritt is pushing for a major role, as is DRC Group, an Alabama firm.
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Toyota says it is recalling about 437,000 Prius and other hybrid vehicles worldwide to fix brake problems -- the latest in a string of embarrassing safety lapses at the world's largest automaker.
Who will remove the debris in Haiti remains to be seen, but Pompano Beach-based AshBritt is pushing for a major role, as is DRC Group, an Alabama firm.
Greece is struggling to get out of debt without a bailout. Some other EU members are in trouble too.
Worries that Greece may default are spreading to other financially troubled European governments.
Antiguan liquidators for Stanford International Bank Ltd. said they had ``proactive and meaningful'' talks with their U.S. counterpart, who has challenged their efforts to recover U.K. and Canadian assets.
Telecom Italia SpA's second-largest investor said a merger with Telefonica SA may shore up the Spanish company's efforts to build sales in Brazil.
``A full merger with Telecom Italia would solve Telefonica's problems in Brazil,'' Marco Fossati, whose family is the second-largest shareholder of the Italian company, said Wednesday in an interview.Switzerland will work with the United States to save a tax settlement involving UBS after a Swiss court ruling jeopardized the disclosure of data on as many as 4,200 of the bank's clients.
The earthquake in Haiti this month may have left clues to petroleum reservoirs that could aid economic recovery in the Western Hemisphere's poorest nation, a geologist said.
Adapting to a more sober modern economy, a five-day gathering of the world's rich and powerful starts this week.
Paula Garcia, 23, from Kendall, does not know how she will come up with up to $4,000 to study abroad in Italy during the summer.
Cash is expected to reclaim its role as the lifeblood of commerce. Many wait for money from abroad; some lack identification documents. Banks in Port-au-Prince plan to reopen.
Haiti's relief pipeline shifted from the air to the sea as the U.S. military opened the island's main port.
A rupture in the flow of cash to Haiti should begin to ease as the quake-ravaged country plans to reopen its banks Thursday after a nine-day shutdown.
The International Monetary Fund director strongly suggested that the IMF would raise its 2010 global growth forecast from the 3.1 percent it projected in October.
Royal Caribbean Cruises Ltd. is ready to continue sailings to its resort at Labadee, Haiti, immediately. The cruise operator plans to carry humanitarian supplies on the regular voyages.
China took new steps Tuesday to control bank lending, ordering institutions to set aside more reserves in a move to avert a surge in credit that Beijing worries might fuel inflation or asset price bubbles.
A decade after Haiti's only U.S. hotel franchise removed its marquee from a downtown Port-au-Prince building, the Caribbean nation is preparing to welcome its first international hotel brand.
Bradley Birkenfeld, the former Swiss banker who blew the whistle on UBS' scheme to help rich Americans evade taxes with secret offshore accounts, is scheduled to appear on CBS' 60 Minutes Sunday at 7 p.m.
A ship carrying phosphate fertilizer from the Port of Tampa has been hijacked by Somali pirates while on its way to India.
Greece's Merchant Marine Ministry said the Navios Apollon was taken 240 nautical miles northeast of Seychelles on Monday. The crew was comprised of one Greek and 18 Filipinos.Polaris World, a privately held Spanish real estate company that develops golf courses designed by Jack Nicklaus, is in talks with lenders to avoid filing for protection from creditors.