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frontrunner

Why NBC Is Paying $3.5 Billion for the Weather Channel: Julia Boorstin submits: t was a busy holiday weekend for NBC Universal, CNBC's parent company, owned by General Electric GE. Along with private equity groups Bain Capital and Blackstone, it was finalizing its acquisition of the Weather Channel. The three are paying Landmark Communications a reported $3.5 billion, more...; Tags: Media, General Electric Co.; External links 2008-07-08
Banks's Gieve Quits as Reforms Announced: By Sumeet Desai LONDON (Reuters UK) - Bank of England Deputy Governor John Gieve announced on Wednesday he is to quit prematurely, just as the government unveils the biggest shake-up of the central bank's financial stability remit in more than a decade. Gieve, who has specific...; Tags: Bank, Financial, Deputy, Governor, Financial Services, John Gieve, Oukbs; News items 2008-06-19