Business and Finance News
- Mississippi oil spill might have been avoided
Macau News.Net
The US Coast Guard has reported the collision of of a tugboat and an oil tanker on the Mississippi River.
- US banks place online customers in danger
Macau News.Net
Many US banks have been accused of unwittingly allowing their online customers to take risks with their passwords and other sensitive account information.
- Fox News gets racist tag
Macau News.Net
The Fox News Channel in New York was surrounded by demonstrators on Wednesday.
- Rates remain on hold in Britain
Macau News.Net
Bank of England policymakers have voted to keep rates steady at 5% in the UK.
- Student lender loses ground in current credit market
Macau News.Net
US company, SLM, otherwise known as Sallie Mae, has revealed a second-quarter profit plunge.
- Bloomberg and Gates on anti-tobacco crusade
Macau News.Net
New York Mayor Michael Bloomberg and Microsoft Corp co-founder Bill Gates have pledged US$375 million against global tobacco.
- Australian airline exec sent to jail
Macau News.Net
A former Australian airline executive has been convicted of fraud in the US.
- EC gives Porsche more speed for Volkswagen takeover
Macau News.Net
The European Commission has given the German car manufacturer Porsche permission to take over Volkswagen.
- Chrysler and GM have hard times
Macau News.Net
US automaker Chrysler is planning the elimination of an additional 1,000 white-collar jobs by the end of September.
- Microsoft reorganizes its online services
Macau News.Net
Microsoft Corp. was to reorganize its online services to try to increase focus on its Internet business as the head of its online division was set to leave the company, The Wall Street Journal said Thursday.
- US stocks climb on strong technology, health earnings
Macau News.Net
Major US stock indices closed higher Wednesday on strong earnings reports from technology, health and pharmaceutical companies and expectations that a major housing bill would be approved by Congress.
- Gates and Bloomberg pledge $500m to battle tobacco epidemic
Macau News.Net
London, : Microsoft co-founder Bill Gates and New York city mayor Michael Bloomberg have pledged half a billion dollars to fight tobacco use in developing countries.
- Lawmakers To Revisit Wall Street Oversight
Morning Star
Wall Street got drunk, and now Congress is dealing with the hangover. The House Financial Services Committee will hold a hearing Thursday on financial oversight of Wall Street, its...
- andquot;Wall Street got drunk,andquot; Bush says
The China Post
... hrown the global economy into turmoil: Wall Street got drunk. "There's no question about it. Wall Street got drunk," Bush said at a private event in Houston on Friday. "It got drunk...
- Microsoft sees play as a profit center
Associated Press
When Microsoft Corp. makes its annual presentation to investors and analysts here today, executives will be preaching the value of patience to stockholders who are nervous...
- Top Microsoft executive to leave company
Reuters
The company will undergo a reorganization, splitting the division that Johnson runs, platforms and services, into two separate groups, Windows/Windows Live and online services. Both groups will...
- Some small trucks get dismal crash test ratings
MSNBC
The latest crash tests by the insurance industry raise safety questions about small pickups, which are drawing more interest because they get better mileage than larger trucks.
- Stocks End Higher on Earnings, Lower Oil
Business Week
Good earnings news and optimism over legislation that would bolster Fannie Mae and Freddie Mac helped lift equities, while oil prices...
- Telia Sonera second-quarter earnings up
Earth Times
Stockholm - Nordic telecommunications group Telia Sonera on Thursday posted higher pre-tax income for second quarter 2008. The group said earnings before interest, taxes, depreciation and...
- Publicis Groupe 2008 First Half Results
CNBC
1st Half 2008 - H1 Revenue 2,226 million Excl. exchange rate impact (1) 2,419 million - H1 Organic growth + 5.4% Excl. Healthcare + 7.1% - H1 Growth excl. exchange rate impact (2) + 7.6% ...
- ARM Q2 and Half Year 2008 Trading Update
CNBC
Highlights ( Q2 revenues at $128.1m, GBP65.0m - Normalised operating margin at 31.5% (US GAAP 18.3%) - Normalised PBT at GBP21.1m (US GAAP GBP12.6m) -...
- Summit County postpones decision on Wal-Mart expansion
Salt Lake Tribune
8:44 Wal-Mart officials have been waiting two and a half years for approval of their plan to expand their west Summit County store to include grocery. And they're going...
- Rolls-Royce - Interim Results - CEO Interview
CNBC
Rolls-Royce CEO, says the company delivered a strong set of half year results with pre-tax profits up 8% and order book up 17%. He adds the business is a broadly based power systems company that...
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