GE Co-Leads $400 Million Credit Facility for JBS USA, Inc. (Business Wire via Yahoo! Finance)
NORWALK, Conn.----GE Capital’s Corporate Lending business today announced it co-led a $400 million asset-based credit facility for JBS USA, Inc., the U.S. subsidiary of JBS S.A., the world’s largest beef producer and exporter.
Stakes high as carmakers fight for survival (CNN)
U.S. car makers are battling to stay in business amid plummeting sales and huge financial challenges brought on by the credit crisis.
Police investigate credit union robbery (Council Bluffs Daily Nonpareil)
An unknown assailant ate a sandwich as he robbed the United Credit Union Tuesday. Council Bluffs police officers responded to the credit union, located at 1900 W. Broadway, after reports of a robbery at 12:47 p.m. Reports indicated a man entered the business and walked over to the teller counter.
Business boss predicts ‘exciting times’ ahead (The Maitland Mercury)
A bigger executive team is planning an extensive program to celebrate Maitland Business Chamber’s 60th anniversary next year.
South Africa: Credit Crisis May Hobble Eskom Expansion Plans (AllAfrica.com)
IT SHOULD be clear to many now that despite assurances SA has been reasonably cushioned from the global credit crisis, the country is certainly not immune.