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Boeing wins $69m contract to build drones at Cecil Field

3/9/2010 3:09 PM

The testing and production of the U.S. Air Force’s new drones will be built by Boeing at Cecil Field. The contract is worth $69.7 million, according to the company.

3/9/2010 2:10 PM

BB&T Corp.’s profit plunged 42 percent in 2009, but its top executive’s total compensation rose by $1 million. (BBT)

March Madness may cost companies $1.8B

3/9/2010 2:03 PM

Workers distracted by March Madness could cost employers as much as $1.8 billion in unproductive wages during the first week of the NCAA Men’s Basketball Tournament, according to Chicago-based outplacement agency Challenger, Gray & Christmas Inc.

Anheuser-Busch InBev to buy Modelo this year for $10.8B, analyst says

3/9/2010 1:58 PM

Anheuser-Busch InBev is likely to buy the other half of Mexican brewer Grupo Modelo this year for about $10.8 billion, Reuters reports, citing a broker report from Evolution Securities.

Consumer spending projected to slow

3/9/2010 12:10 PM

Consumers remain concerned about the economy and are likely to pull back spending over the next 30 days, according to the Consumer Reports Index.

3/9/2010 9:46 AM

General Growth Properties Inc., owner of Regency Square Mall, said its biggest debt and equity holders offered to jointly invest $3.93 billion in the company, bolstering a plan with Brookfield Asset Management Inc. to bring the mall owner out of bankruptcy. (SPG)

KB Home offers pre-wired homes for electric car owners

3/9/2010 9:21 AM

KB Home said Tuesday it will begin offering an option to pre-wire its new Built to Order homes to accommodate charging stations for homeowners’ electric vehicles. (KBH)

Publix recalls seasoning mixes

3/9/2010 8:45 AM

Publix Super Markets Inc. issued a voluntary recall for four varieties of seasoning mixes manufactured with hydrolyzed vegetable protein supplied by Basic Food Flavors of Las Vegas.

Crowley lands Haiti shipping contract

3/8/2010 5:06 PM

Crowley Liner Services Inc. has received a contract worth up to $22 million from the U.S. military to provide emergency port services in Haiti.

3/8/2010 4:44 PM

The Conference Board Employment Trends Index has risen for the sixth month in a row, prompting a prediction that the nation is on the verge of job growth.