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Commodity rout cuts A 970 billion from Japan's major trading houses

2016-03-25 10:29:44| Grocery - Topix.net

The nation's biggest trading companies, stalwarts of the economy, expect to book combined writedowns of at least A 970 billion as ill-timed investments in commodities ranging from shale gas to copper mines erode profitability. The writedowns for the year ending March underscore the predicament the sogo shosha find themselves in after investing heavily in metals and energy at the height of the commodities boom, only to see prices tumble.

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$4 billion redevelopment of aging LaGuardia Airport approved

2016-03-25 01:29:56| Apparel - Topix.net

A $4 billion redevelopment of aging LaGuardia Airport was approved on Thursday after an unusually contentious board meeting that exposed divisions between members on how much the project is going to cost and how it should be managed.

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$4 billion redevelopment of aging LaGuardia Airport approved

2016-03-25 00:33:02| Footwear - Topix.net

A $4 billion redevelopment of aging LaGuardia Airport was approved on Thursday after an unusually contentious board meeting that exposed divisions between members on how much the project is going to cost and how it should be managed. The resolution ultimately passed unanimously but with an asterisk: Port Authority of New York and New Jersey board members also voted to rewrite policies governing how large-scale projects like LaGuardia are approved.

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California wins $1.1 billion judgment against bankrupt for-profit college

2016-03-24 21:16:00| American School & University

Corinthian Colleges Inc. closed its campuses last year in the wake of federal and state investigations into questionable practices read more

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Facility funding gap: $46 billion a year

2016-03-23 21:45:00| American School & University

New report says U.S. public schools should be spending $46 billion a year more than they are to provide education facilities that meet modern standards. read more

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