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Day: June 20, 2019

Icelandic government passes Icesave deal; €12,000 debt per citizen

Thursday, December 31, 2009 The Icelandic Prime Minister Jóhanna Sigurðardóttir and her coalition government narrowly escaped a commitment to resign as a €3.8 billion bill to repay British and Dutch savers following the collapse of Icesave online banking passed. The vote margin was only three votes. Only a matter of hours before the anticipated final […]

Time Warner/Comcast bid to snap up Adelphia cable service

April 9, 2005 A bid topping $17.7 billion was jointly proffered by Time Warner Inc. and Comcast Corporation on Thursday to buy beleaguered Adelphia Communications Corporation in an industry consolidation move. Adelphia is the fifth largest cable service provider in the United States with nearly 5 million subscribers. The market-share grabbing bid trumps the previous […]

McDonald’s petitions Oxford English Dictionary to remove the word McJob

Friday, May 25, 2007 The Oxford English Dictionary (OED) defines McJob as “an unstimulating, low-paid job with few prospects.” The McDonald’s fast-food giant has begun a campaign to have the word removed from the dictionary, or to have its definition changed, by lobbying British MPs. The company has also set up an online petition with […]

News briefs:August 2, 2010

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