Budget Gap in U.S. Widened More Than Forecast Last Month as Spending Rose - Bloomberg

The U.S. government posted a wider budget deficit in November as spending swelled compared with the same time last year when a shift in the […]

Asian shares extend global sell-off

Asian shares retreated in early trading Wednesday, extending a global sell-off amid European debt worries and possible monetary tightening in China.
Japan’s Nikkei 225 stock average […]

South Korean `No Deal’ May Damp Prospects for U.S. Trade Accords - Bloomberg

Before heading to Seoul, U.S. Trade Representative Ron Kirk was warned by Senator Max Baucus that “no deal is better than a bad deal” when […]

Valence shares back in compliance after founder infusion

Valence Technology Inc. (Nasdaq: VLNC) founder Carl Berg has saved his company from being booted off Nasdaq exchange.
The Austin energy storage developer was notified Monday […]

Inviragen, PharmaJet win $15.5M contract for no-needle dengue vaccine

Two Colorado companies won a $15.5 million contract to finish developing a dengue fever vaccine that can be delivered without needles.
Fort Collins-based Inviragen and Golden-based […]

Promotions and Hirings: October 5

Editor’s note: Each day, we will share five items from the People on the Move section we publish each Friday in our print edition. The […]

St. Louis Downtown Airport gets $4M for runway upgrade

The St. Louis Downtown Airport in Cahokia, Ill., has received more than $4.1 million in federal funding for runway improvements.
The U.S. Department of Transportation grant […]

Martin Luther King, Calvin Goode award nominations open

The city of Phoenix is seeking nominations for its Calvin C. Goode Lifetime Achievement and Dr. Martin Luther King Jr. Living the Dream awards.
The awards […]

Reinsurance Group Q2 profit falls

Reinsurance Group of America Inc. saw its second-quarter profit fall 17 percent, despite a more than 6 percent revenue increase.
The life reinsurance provider said that […]

S.F. hotel rates showed growth in May

In May 2010, San Francisco hotels saw their average daily room rates climb for the first time in 17 months.
A San Francisco hotel room cost […]