Retired Edo Corp. foreman recalls putting switches on tubing and then discovering what they were for

Retired Edo Corp. foreman recalls putting switches on tubing and then learning how they would be used

CIT Group Inc.’s board approved a deal late
Sunday with major bondholders to keep the company out of bankruptcy
with a $3 billion rescue loan, according to published reports.

Only a third of the 5,600 road projects approved by under Recovery Act have been given the go-ahead

In February, when Congress approved President Obama’s mammoth plan to stimulate the economy, transportation projects were supposed to be among the fastest-acting pieces of the $787-billion package.

Ranking high among the search engines in Web searches is no small feat.

To many of them, they say, it is still 1968, the year before men first landed on the moon, the year they worked 50, 60, 70 hours a week, sometimes seven straight days, to build the landing craft that would take astronauts to the lunar surface on July 20, 1969.

Despite expectations he would admit he gave false information to regulators about Bernard Madoff’s company, the former accountant for the notorious Ponzi schemer entered a not-guilty plea Friday to charges contained in a criminal information.

Shoppers for back-to-school supplies and holiday gifts might find a smaller selection in stores and fewer discounts in coming weeks and months if lender CIT Group Inc. is forced to file for bankruptcy, some retail experts said Friday.

A federal judge has dismissed a civil insider trading lawsuit against Dallas Mavericks owner Mark Cuban.

Bank of America joined the nation’s other
big banks in reporting better than expected earnings, posting a
$2.42 billion second-quarter profit even as losses from failed
loans continued to rise.

Long Island’s grape growers appear to have sustained the most lasting damage from two months of record cold and rain during a critical stage in vine development, according to preliminary claims filed with the U.S. Department of Agriculture.