Local business news: Orr s role reduced at Brooke – Kansas City Star
Brooke Capital Corp. founder Robert Orr resigned as an officer of the insurance agency franchising company, Brooke has announced, but he remains a director of the company. The announcement follows a federal judge s order Wednesday turning control

Michigan business news in brief: Comerica to cut dividend – Detroit Free Press
Comerica Inc. said Thursday it plans to cut by 50% its quarterly dividend of 66 cents per common share, starting in the fourth quarter. The bank said the move was taken to preserve and enhance its balance sheet strength, and its 2008 financial

Nation & world business news in brief: S&L may have bidders – Detroit Free Press
Washington Mutual Inc., the savings and loan that put itself up for sale this week after its stock tumbled, has attracted several potential bidders for all or part of the bank, a person familiar with the matter said. The person declined to identify

Business News – Channel NewsAsia
TOKYO: Asian stocks rallied Friday on the back of a rebound on Wall Street, as the US government and the world’s central banks took action to keep the global financial crisis from deepening. The Shanghai market soared by nearly 9.5 per cent in

Business news in brief – Philadelphia Inquirer
Shares of Neose Technologies Inc. closed up yesterday, after it announced that it had signed agreements to sell its assets to Novo Nordisk A/S and BioGeneriX AG for $43 million in cash. Neose is a Horsham biopharmaceutical company developing