Business and Finance news

Harris Corp. was selected to provide the ground antenna system for a National Oceanic & Atmospheric Administration (NOAA) program designed to speed up weather data processing.
Under the 10-year, $130 million contract, Harris and its teammates — General Dynamics SATCOM Technologies and ARES — will supply antennas and control systems for NOAA’s Geostationary Operational Environmental Satellite […]

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Arizona is getting praise for its commitment to training in science, technology, engineering and math as a way of promoting entrepreneurship.

The Campaign for Free Enterprise, a project of the U.S. Chamber of Commerce and the National Chamber Foundation, cited Arizona as having put in place polices that bode well for the future of business development. […]

Apple Inc.’s iPad tablet computer hits U.S. shelves on Saturday, but fans who want the new touch-screen gadget shipped directly to them must wait a week.
The company began taking preorders for the iPad on March 12, promising to get the device to eager buyers by its store launch date of April 3rd. […]

The European Central Bank said its offerings of three-month cash will return to variable interest rates on April 28. President Jean-Claude Trichet made the announcement at a press conference in Frankfurt.
“Amounts will be set with the aim of ensuring smooth conditions in money markets” and avoiding “significant spreads” between the ECB’s benchmark rate […]

European Union Monetary Affairs Commissioner Olli Rehn will likely push Greece to do more to cut its budget deficit today as governments craft a possible rescue package for the cash-strapped nation.
Rehn will meet with Prime Minister George Papandreou as German lawmakers say euro-area officials are devising a plan to grant Greece about 25 […]

Estonia is set to adopt the euro on its target date in 2011 because of the Baltic country’s work on fulfilling economic requirements, European Union Economic Affairs Commissioner Joaquin Almunia said yesterday.
“It is quite possible that Estonia will be in the euro by 2011,” Almunia told the European Parliament in Strasbourg. The data […]

Honolulu’s lengthy and contentious battle over regulating bed and breakfast lodgings could be nearing an end.
Bill 7, introduced in the Honolulu City Council nearly two years ago, faces a final vote Dec. 16.
The measure would permit up to 1,275 new bed and breakfast homes in residential neighborhoods, ending a 20-year ban on their permitting.
Bill 7 […]

Wal-Mart’s much-awaited Black Friday deals will focus on a gamut of gadgets such as high-definition TVs, laptops and Blu-ray players, as well as holiday gift favorites such as toys and DVDs, according to a copy of the retailer’s circular obtained by CNNMoney.com.
While not confirming the entire circular, a Wal-Mart spokeswoman confirmed some of the […]

The Bank of England should expand its bond-purchase program to as much as 200 billion pounds ($316 billion) next month to secure Britain’s recovery from recession, the British Chambers of Commerce said.
“With quantitative easing, there’s still scope for some more,” David Frost, director general of the BCC, said in a Bloomberg Television interview. […]

Hong Kong Monetary Authority Chief Executive Norman Chan said he will maintain the city’s fixed exchange rate, after the central bank intervened under his watch for the first time to stop the Hong Kong dollar gaining.
Chan, who began work as the head of the HKMA today, said his first task was “to keep […]