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Reno OKs tax breaks for Apple project

RENO, Nev. (AP) - The Reno City Council on Wednesday unanimously approved tax breaks to coax Apple Inc. to open two facilities in northern Nevada as part of a $1 billion investment over 10 years. The City Council agreed to the city's portion of a deal that includes $89 million in county, city and state tax abatements. Analysts say that's a 79 ...

June 27, 2012 | | Nation








Quest Software gets higher takeover bid of $2.32B

ALISO VIEJO (AP) - Quest Software Inc. said Monday that it received a higher buyout offer worth about $2.32 billion from an unnamed buyer, ramping up the battle for the technology services provider. The most recent offer of $27.50 per share follows a string of increasing bids that began after the company announced in March that it was being bought by investment ...

June 25, 2012 | | Nation




T-Mobile to buy, swap spectrum with Verizon

NEW YORK (AP) - Verizon Wireless on Monday said that it has agreed to sell some wireless spectrum rights to T-Mobile USA and swap others, in a continuing quest to get regulators to approve a bigger spectrum deal it has worked out with a consortium of cable companies and another wireless carrier.

June 25, 2012 | | Nation






Hawaii’s island of Lanai depends on wealthy owner

HONOLULU (AP) - The 3,200 people living on a rural Hawaiian island that will soon be purchased by billionaire Oracle Corp. CEO Larry Ellison have a laundry list of what they'd like to see him provide.

June 25, 2012 | | Nation


Negotiators closing in on student loan interest deal

WASHINGTON (AP) - Congressional bargainers appeared to be closing in on a compromise that would head off a July 1 doubling of interest rates on federal loans to 7.4 million college students and end an election-year battle between President Barack Obama and Congress.

June 25, 2012 | | Nation


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