New IndyMac CEO seeks to calm fears after bank rescue
The new chief executive of IndyMac Bancorp, brought in by the government to manage the failed bank, said new lending standards should prevent the kind of problems that have brought down credit markets. John Bovenzi, the chief operating officer of the Federal Deposit Insurance Corp...
Oil fluctuates as Bush lifts drilling ban, Petrobas workers strike
Oil settled above US$145 a barrel for the third time this month, close to where it began on Monday, after a back-and-forth trading session that mimicked last week's wild swings. Light, sweet crude for August delivery gained 10 cents to settle at US$145.18 a barrel ...
Denbigh 2008 to reap $9m profit
Some $33 million has been earmarked for the staging of this year's Denbigh Agricultural and Industrial Show in Clarendon, Senator Norman Grant announced as he addressed farmers at the Jamaica Agricultural Society (JAS) 113th annual general meeting...
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