Thursday, November 13, 2008

Presspass - Business Edition

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A&E told to pay Davis

Cable network A&E sought to portray local real estate investor Richard C. Davis as someone who came to believe wrongly that he and the network had an oral agreement to split the profits from the reality television show "Flip This House." But a federal jury didn't buy it, saying Davis' interpretation of the business relationship wasn't so far-fetched.

Local garden centers shutter as economy slides

MOUNT PLEASANT â€" Danny Berler can almost pinpoint the day in May when business at his Down to Earth gardening center began to wilt.

Santee area to get industrial hub

ORANGEBURG â€" Dubai-based Economic Zones World unveiled details of a $600 million master plan that would turn a rural Santee sod farm into an industrial hub with more than 4 million square feet of warehouse space.

Dismal day on Wall St.

NEW YORK â€" An increasingly despondent Wall Street fell for the third straight session Wednesday as investors absorbed another series of dismal corporate reports and news that the government won't buy banks' soured mortgage assets after all.

Linens 'n Things liquidating down to bare floor

Need a new duvet cover or a fresh set of towels? Now is the time to snap up items for the bedroom and bath, along with pots, pans, and household appliances. Linens 'n Things is kicking off an all-out liquidation sale, with markdowns ranging from 20 percent to 50 percent off the original price.










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