Update:  Bank Fraud Suspect Not a Westporter

Update:  Bank Fraud Suspect Not a Westporter
UPDATE (defendant from Fairfield not Westport) The president of a Waterbury home heating oil business whose bankruptcy cost customers millions of dollars in prepaid contracts pleaded guilty in federal court in Hartford today to taking millions more in fraudulent loans from the company’s banker.
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Vale awards 2-year, 0M construction contract for its Voisey’s Bay project
TORONTO – Mining giant Vale S.A. (NYSE:VALE) announced Thursday that it has awarded a two-year, $ 600-million contract to a group of construction partners called KBAC Constructors for work on its Long Harbour nickel processing plant in Voisey’s Bay, N.L.
Read more on The Canadian Press via Yahoo! Canada News

Cable & Wireless Worldwide profits climb despite tough year
Cable & Wireless Worldwide , the badly named telecoms business which has the bulk of its business in the UK, has seen its profits rise despite a tough year. Profits climbed 23% to £143m, with a dividend payout of 4.5p for the year despite some concern about a cut. In its first year as a separate company after being demerged from Cable & Wireless, the company immediately ran into a severe cost …
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