NEW YORK – Shareholders who sued clothing chain J. Crew Group Inc. over its $3 billion takeover by two private equity firms have rejected the company's $10 million settlement proposal.In a letter filed to Delaware Chancery Court, the dissenting shareholders' lawyer said Monday that J. Crew sought to"undermine the benefits" for shareholders of the settlement,…

WASHINGTON, Feb. 3, 2011 – Organizations Join Forces to Offer Fair Housing TrainingWASHINGTON, Feb. 3, 2011 /PRNewswire-USNewswire/ -- HOPE LoanPort and the National Fair Housing Alliance (NFHA) announced today that they will collaborate to promote fair housing for borrowers facing foreclosure. The organizations will collaborate to preserve homeownership, particularly in under-served communities, through training and…

FORT WORTH, Texas – The secret to the Pittsburgh Steelers' success is growing on Brett Keisel's furry face.No, really. The Pro Bowl defensive end believes there's something special going on with his phenomenal facial hair."The beard is why we're here," Keisel said, a smile peeking through some wayward whiskers. "It's unleashed Super Bowl powers on…

LONDON (Reuters) – Strong demand in India and improving conditions in Europe helped Vodafone (VOD.L), the world's largest mobile operator by revenue, to nudge its outlook higher and post third-quarter service revenues at the upper end of forecasts.The British-based firm said it now expected adjusted operating profit to be toward the upper end of the…

NEW YORK (Reuters) – Pfizer Inc Chief Executive Ian Read is slashing the massive research budget at the world's largest drugmaker to deliver on a 2012 profit forecast and allay Wall Street concerns the company has become too large.Read, who took the helm in December after the abrupt departure of predecessor Jeffrey Kindler, is laying…

MEMPHIS, Tenn. – The NBA has suspended guard O.J. Mayo 10 games without pay for violating the league and union's anti-drug program with a positive test.The league announced the suspension Thursday for Mayo's positive test for dehydroepiandrosterone (DHEA). Mayo's suspension will start Friday night when the Grizzlies visit Philadelphia, and he will be able to…

Jake Malooley, Time Out ChicagoQ This weekend a friend told me that you could use the same parking-meter receipt to park on different streets as long as the time hadn't run out on it. I've always assumed that you could use a parking-meter receipt only on the block where the pay-and-display machine issued it. What's…

SEOUL (AFP) – South Korea will send a special plane to bring home the wounded captain of a cargo ship that was rescued from Somali pirates in a commando raid last week, an official said Wednesday.Pirates shot skipper Seok Hae-Kyun, 58, three times during Friday's dramatic raid by South Korean navy commandos on the Samho…

Today, ActiveXperts Software B.V. released ActiveXperts SMS Messaging Server v.5.2. (PRWEB) December 15, 2010 Today, ActiveXperts Software B.V. released ActiveXperts SMS Messaging Server v.5.2. ActiveXperts has rewritten its SMPP protocol stack; it is now compatible with the vast majority of all SMPP providers all over the world. Furthermore, it is faster (higher throughput), more reliable…

HONG KONG (AFP) – Hong Kong's stock exchange has defended a decision to let Chinese companies listing on the exchange use mainland accounting standards and auditors, saying it will increase efficiency and reduce costs.However the move came in for criticism Monday that it might lead standards to slip.In a statement Friday the bourse said the…