International Business News - Funding http://www.ibtimes.com All articles are copyrighted by IBTimes.com 400 100 http://www.ibtimes.com/ http://www.ibtimes.com/images/top_logo_ibt2_3.gif Higher taxes or fees for drivers and vehicle owners could be on the horizon if the Legislature agrees with recommendations tentatively approved Wednesday by a state transportation panel. http://www.ibtimes.com/articles/20081120/nc-panel-suggests-tax-raise-fees-for-road-needs.htm Thu, 20 Nov 2008 08:41:10 EST Regional bank Colonial BancGroup Inc. said Thursday its application for funding under a government plan to buy stock in U.S. banks is still pending. The company said it made the announcement to correct "misinformation in the marketplace." http://www.ibtimes.com/articles/20081113/colonial-bancgroup-says-govt-aid-request-on-track.htm Thu, 13 Nov 2008 14:05:52 EST The cost of insuring debt issued by the finance arm of General Electric Co. could drop with the unit's participation in a federal guarantee program, according to a pair of analysts. http://www.ibtimes.com/articles/20081113/analysts-say-fdic-plan-will-help-ge-finance-unit.htm Thu, 13 Nov 2008 09:44:47 EST IRobot Corp. said Wednesday that Congress has set aside $2 million for further development of the Warrior 700, a robot designed to help soldiers and law enforcement dismantle explosives and complete other dangerous tasks. http://www.ibtimes.com/articles/20081112/congress-sets-aside-2-million-for-robot-project.htm Wed, 12 Nov 2008 10:06:59 EST The worst month for stocks in more than 20 years sent funding ratios for the typical U.S. corporate pension plan down 3.7 percentage points, according to BNY Mellon Asset Management. http://www.ibtimes.com/articles/20081106/pension-funding-ratios-slip-again-in-october.htm Thu, 06 Nov 2008 10:43:37 EST Fitch Ratings said Monday that domestic media and entertainment companies will likely maintain modest pension liabilities in comparison to corporate cash flows in 2009. http://www.ibtimes.com/articles/20081103/fitch-media-may-keep-modest-pension-liabilities.htm Mon, 03 Nov 2008 12:07:36 EST Updated tax rules issued Tuesday limit the way tax-exempt bonds can be used to pay for sports facilities but don't block the New Jersey Nets, New York Yankees and New York Mets from using billions of dollars in bonds to help pay for their new homes, state and city officials said. http://www.ibtimes.com/articles/20081022/new-tax-rules-would-allow-nyc-teams-to-float-bonds.htm Wed, 22 Oct 2008 09:38:55 EDT Arkansas Gov. Mike Beebe on Wednesday indicated that giving schools $112 million for high fuel prices and teacher insurance costs would be difficult given the uncertainty of the economy. http://www.ibtimes.com/articles/20081015/ark-gov-boost-in-school-funds-may-be-difficult.htm Wed, 15 Oct 2008 12:49:00 EDT West Virginia still plans to offer around $78 million in bonds to fund college campus construction projects, but officials say they realize there may be no buyers. http://www.ibtimes.com/articles/20081014/meltdown-overshadows-plans-for-w-va-college-funds.htm Tue, 14 Oct 2008 12:59:41 EDT The Louisiana Recovery Authority--in an effort to cut red tape and speed recovery from last month's hurricanes--is proposing putting federal rebuilding aid for housing and infrastructure directly into the hands of local officials. http://www.ibtimes.com/articles/20081010/proposal-let-la-parishes-direct-rebuilding-aid.htm Fri, 10 Oct 2008 10:15:45 EDT Alliance Data Systems Corp. said Friday its credit-card banking units locked in $1.4 billion in financing to fund its credit-card portfolio. The company, which also designs customer-loyalty programs, said the money lets it meet its liquidity commitments for this year. http://www.ibtimes.com/articles/20081003/alliance-data-locks-in-1-4b-in-financing.htm Fri, 03 Oct 2008 10:18:19 EDT IOC president Jacques Rogge says the global financial crisis should not hurt preparations for upcoming Olympics. "No one has certainties today, but I am not pessimistic for the Olympic Games," Rogge said. http://www.ibtimes.com/articles/20080930/rogge-says-global-crisis-wont-hurt-olympic-cities.htm Tue, 30 Sep 2008 12:32:06 EDT Commercial lender CIT Group Inc. Monday said it had renewed $6 billion in borrowing facilities that were scheduled to expire this quarter. It had previously announced the renewal of a $2 billion conduit facility to finance equipment loans and leases. In addition, it renewed $4 billion of facilities used to finance students loans, a portfolio it is liquidating. http://www.ibtimes.com/articles/20080929/cit-renews-6b-in-borrowing-facilities.htm Mon, 29 Sep 2008 14:46:45 EDT Several ways to obtain additional money for road repairs and construction in South Dakota were explored Thursday by a special legislative committee, but the panel came to no conclusions or consensus. http://www.ibtimes.com/articles/20080926/sd-lawmakers-discuss-highway-funding-options.htm Fri, 26 Sep 2008 08:05:07 EDT The prolonged global financial turmoil is making it difficult for London organizers to secure private funding for key construction projects for the 2012 Olympics. http://www.ibtimes.com/articles/20080925/market-meltdown-hindering-funding-for-london-2012.htm Thu, 25 Sep 2008 12:45:27 EDT Skyrocketing construction costs and lagging tax collections have left South Dakota far short of the money required to keep roads and bridges in their current condition, state Transportation Secretary Darin Bergquist said Wednesday. http://www.ibtimes.com/articles/20080924/south-dakota-short-of-money-for-road-maintenance.htm Wed, 24 Sep 2008 18:18:41 EDT Texas energy regulators, trying to cope with the biggest oil boom in decades, dipped into an environmental cleanup account Tuesday so they can whittle down a backlog of well permit requests and expand drilling. http://www.ibtimes.com/articles/20080923/texas-oil-regulators-approve-emergency-expenditure.htm Tue, 23 Sep 2008 17:36:30 EDT Iowa Gov. Chet Culver outlined the allocation of money that will be released to help victim's of this year's record flooding and tornadoes. The financial assistance is part of the $40 million Jumpstart Iowa initiative that Culver announced last week. http://www.ibtimes.com/articles/20080923/iowa-gov-outlines-aid-for-flood-storm-victims.htm Tue, 23 Sep 2008 10:43:42 EDT Financial services firm CIT Group Inc. said Thursday it received a five-year, $500 million loan from Wells Fargo to finance loans. The news comes at a time when many financial institutions are having trouble borrowing to run their businesses amid the global credit crisis that has left many lenders skittish, no matter the risk. http://www.ibtimes.com/articles/20080918/cit-group-gets-500-million-credit-line.htm Thu, 18 Sep 2008 15:12:13 EDT Taxpayers and ticket buyers are the losers in plans to provide hundreds of millions of dollars in public subsidies to build the new Yankee Stadium, a New York lawmaker said Tuesday. http://www.ibtimes.com/articles/20080916/ny-lawmaker-yankee-subsidies-hit-taxpayers-fans.htm Tue, 16 Sep 2008 15:41:37 EDT