Clear Channel earnings up 19 pct. in 2Q
BusinessWeek - Radio and billboard giant Clear Channel Communications Inc. earned $236 million during the second quarter, 19 percent more than the same period last year, as outdoor advertising continued to post strong growth. Revenue from the company’s radio
U.N. headquarters due for makeover
BusinessWeek - The aging United Nations headquarters is set to undergo a $1 billion makeover, the first-ever overhaul of the landmarked but leaking complex overlooking the East River. The seven-year project will be conducted in three phases, with about 1,000
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Microsemi’s 3Q earnings grow
BusinessWeek - Chip maker Microsemi Corp. said Friday it turned a profit in its third-quarter as its sales grew and operating expenses declined. For the quarter that ended July 1, Microsemi earned $8.7 million, or 11 cents per share, compared with the year-ago