05 December 2008 By Maria Levina / Special to The Moscow Times A string of negative events recently shook the reputation of UBS, the world's largest manager of other people's money, but the bank says it will stay close to Russia, refocusing its business

(By Adam Bell, abell@charlotteobserver.com) Local African American businesses, especially small ones, need to help each other to improve conditions for their companies. That was one of the messages Thursday at a forum on the state of African American busi

The Penn Traffic Company said this week that it has entered into a definitive agreement to sell its wholesale business segment to C&S Wholesale Grocers, Inc. for approximately $43 million, a move that Penn Traffic president and c.e.o. Gregory J. Young sai

Bill Wyrick is hoping to take a chance in about six months. With business loans being difficult to get and an economy sinking deeper into recession, Wyrick is hoping to restart his manufacturing company, Los Baños RV Center.

According to the Better Business Bureau more and more individuals seeking to replace lost income due to the current recession are being taken advantage of by con artists preying on their hopes and desperation.