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CNN MoneyJones Soda, the struggling maker of cult-favorite soft drinks, has agreed to be acquired by rival Reed's at a deep discount in a deal worth just shy of $10 million, the companies said Tuesday.Jones shareholders will receive 4.5 million shares of Reed's common stock and cash of 10 cents a share, or about $2.6 million. That means natural soda maker Reed's valued Jones at 37 cents per share -- less than half its closing price on Monday. The deal, which is not yet binding, is worth about $9.8 million... readmore » 
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CNN MoneyJones Soda, the struggling maker of cult-favorite soft drinks, has agreed to be acquired by rival Reed's at a deep discount in a deal worth just shy of $10 million, the companies said Tuesday.Jones shareholders will receive 4.5 million shares of Reed's common stock and cash of 10 cents a share, or about $2.6 million. That means natural soda maker Reed's valued Jones at 37 cents per share -- less than half its closing price on Monday. The deal, which is not yet binding, is worth about $9.8 million... readmore » 
Fort Meyers News PressSt. Paddy’s Day is just a flip of the calendar page away, and in the spirit of the holiday’s color, I offer up a few green gadgets introduced at the Miami International Boat Show.The show still claims to be the world’s largest, despite a visible difference in bustling activity this year compared with prior years. Regardless, it remains famous for debuting products that boaters crave and announcing awards for gizmos that are the most applicable, helpful and high-tech.This year’s theme for the new products and award winners... readmore » 
USA TodayWASHINGTON — IRS agents will be more flexible with taxpayers who have seen their incomes drop during the recession.IRS Commissioner Doug Shulman announced Tuesday that the agency is loosening its rules for negotiating tax settlements for less than the amount owed.The agency also plans to open about 1,000 offices on various Saturdays, beginning March 27, to give taxpayers more opportunities to work with IRS employees to resolve their tax debts.The IRS expects to process 138 million individual tax returns this year.Most will qualify for refunds, but with the economy... readmore » 
The Washington PostThe current image from Basic Food Flavors' home page contains a link to recalled food products The company at the heart of a growing recall of processed foods knew that its plant was contaminated with salmonella but continued to make a flavoring and sell it to foodmakers around the country, according to inspectors at the Food and Drug Administration. Managers at Basic Food Flavors of Las Vegas learned on Jan. 21 that samples taken a week earlier from their Nevada facility tested positive for salmonella, a potentially... readmore » 
Boston HeraldThe co-developer of the stalled Filene’s project said his team is not leaving a giant hole in Downtown Crossing to extract public money for the project.“We have asked the city for help, but there’s a big difference between asking for help and trying to blackmail them,” said John Hynes, CEO of Gale International. “We have done nothing but try to find a financing solution. It’s never been our strategy to deliberately put the real estate in bad condition.”Hynes’ comments yesterday come on the heels of an angry... readmore » 
USA TodayUsing your cellphone during checkout at Target could soon earn you discounts.Starting Wednesday, the giant retailer will allow customers to take advantage of special mobile-coupon offers on their handsets.The coupon is redeemed when the bar code on the phone is scanned at checkout. Offers are good only once and expire on the dates listed. "We believe it's a competitive advantage for us," says Target.com President Steve Eastman.Target (TGT) says it will be the first major nationwide retailer to exploit the bar-code technology in all its stores. It almost certainly... readmore » 
Charlotte ObserverRegion targeted for airport, location, quality of life and moreThe process, part of a positive economic development trend in the Charlotte region, took just a few months.Executives from German manufacturer Teupen Maschinenbau, looking for a location for a new U.S. headquarters, narrowed their search to a few states. Then they whittled that list to North Carolina, partly for its reputation as a good place to do business and the strength of Charlotte and Raleigh real estate. They visited each. And they chose Charlotte, citing its direct flights to Germany,... readmore » 
ReutersGlobal shipments of personal computers are set to jump nearly 20 percent in 2010, led by surging shipments of mobile PCs, according to a forecast issued on Thursday by industry tracker Gartner.,The research group expects worldwide PC shipments of 366.1 million units this year. PC spending rose 12.2 percent to $245 billion.Gartner's outlook for 2010 is more bullish than the one it issued in December, which forecast unit growth of 13.3 percent and a spending rise of 1.9 percent."We expect mobile PCs to drive 90 percent of PC growth over... readmore » 
The Wall Street JournalThe Federal Reserve has pushed mortgage rates to near half-century lows, but millions of U.S. homeowners haven't benefited from that because they can't—or won't—refinance.Falling home prices have left many owners with little or no equity, making it harder to qualify for refinancing. Moreover, stricter lending standards and higher fees by banks and mortgage giants Fannie Mae and Freddie Mac and declining incomes have made it tougher and less attractive for borrowers to seek new loans.Around 37% of all borrowers with 30-year conforming fixed-rate mortgages—who collectively hold about... readmore » 
USA TodayGeneral Electric said Friday that Chief Executive Jeffrey Immelt did not receive a 2009 bonus, the second straight year he gave up extra pay as the industrial and financial conglomerate struggled with one of its worst years on record.GE's board of directors agreed to Immelt's request not to grant him a bonus even though it concluded he had performed well during a brutal year for the company, according a company filing with the Securities and Exchange Commission. Immelt's last bonus was in 2007 and amounted to $5.8 million.Last year... readmore » 
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