BRIEFCASE.Byline: - Staff and Wire Services WWE WWE World Wrestling Entertainment, Inc. (formerly World Wrestling Federation) WWE Witwe (German: Widow) WWE William Webb Ellis (inventor of rugby) WWE World Wide Education WWE Well Woman Exam returning to USA Network STAMFORD, Conn. - World Wrestling Entertainment World Wrestling Entertainment, Inc. (WWE) is a publicly traded, privately controlled integrated media (focusing in television, Internet, and live events), and sports entertainment company dealing primarily in the professional wrestling industry, with major revenue sources Inc. has reached a three-year agreement with NBC Universal NBC Universal is a media and entertainment company formed in May 2004 by the combination of General Electric's NBC with Vivendi Universal Entertainment (part of the French Media Group, Vivendi SA). GE owns 80% of NBC Universal with the remaining 20% owned by Vivendi SA. Inc. that will return its ``WWE Raw'' cable program to USA Network in October, company officials said Monday. The deal resolves a major issue for the Stamford-based producer of televised wrestling matches. ``Raw,'' which is regularly among the most popular cable programs, needed to find a new home after Spike TV decided not to extend its contract with WWE that ends in September. T-bill interest drops on Monday WASHINGTON - Interest rates on short-term Treasury bills fell in Monday's auction with rates on three-month bills dropping for a second consecutive week. The Treasury Department auctioned $18 billion in three-month bills at a discount rate of 2.735 percent, down from 2.780 percent last week. An additional $16 billion in six-month bills was auctioned at a discount rate of 3.035 percent, down from 3.090 percent last week. The three-month rate was the lowest since these bills averaged 2.710 percent March 7. The six-month rate was the lowest since 3.000 percent March 14. Alleged kickbacks probed in hearing Title insurance companies suspected of paying illegal kickbacks defended their practices Monday during the first investigatory hearing on the matter convened by state Insurance Commissioner John Garamendi John Raymond Garamendi (born January 24, 1945) is a U.S. politician and a member of the Democratic Party. He became the 46th Lieutenant Governor of California on January 8 2007. . Executives with LandAmerica Financial Group LandAmerica Financial Group, Inc. (NYSE: LFG) is the third largest title insurance group in the US. It was incorporated in 1991 and is headquartered in Glen Allen, Virginia. Inc. and Fidelity National Financial - which write nearly 60 percent of all title insurance in California - were subpoenaed by Garamendi, who is looking into allegations that the companies are paying kickbacks to home-mortgage operations to get their business. Home builders, mortgage lenders and real-estate brokers form ``captive reinsurance The contract made between an insurance company and a third party to protect the insurance company from losses. The contract provides for the third party to pay for the loss sustained by the insurance company when the company makes a payment on the original contract. companies'' that appear to draw rebates from title insurance companies, Garamendi said. Builders, lenders and brokers then allegedly channel business to the title insurer. Morgan Stanley shares up on news NEW YORK New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of - Shares of Wall Street brokerage house Morgan Stanley gained more than 3 percent Monday after a media report said the company's board has approved the sale of its Discover Card credit division, leading to increased speculation that the entire company could be on the block. The move comes as dissident shareholders dissident shareholders Shareholders who oppose a firm's management or management policy. For example, dissident shareholders of Hewlett-Packard opposed that firm's offer to purchase Compaq Computer. and former executives of Morgan Stanley stepped up their letter-writing campaign, calling for the removal of Philip Purcell, Morgan Stanley's chairman and chief executive, in a full-page newspaper ad. Purcell and the board both sent memos to employees, reassuring them on the company's direction. |
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