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Thursday,
04 December 2008
Justices give hefty award case a new look
By Mark Wilson, Getty Images By Joan Biskupic, USA TODAY WASHINGTON - A dispute over a $79.5 million punitive damages award for a smokers widow took a surprising turn Wednesday at the Supreme Court: Chief Justice John Roberts suggested the...
(Source: USA Today) read more...
Thursday,
04 December 2008
Yahoo to Move Launchcast to CBS Radio Ad Platform
By Kate Kaye, The ClickZ Network, Dec 4, 2008 After launching its enhanced online radio and ad platform in beta nearly a year ago, CBS Radio has signed on another big-name content partner.
(Source: ClickZ News) read more...
Thursday,
04 December 2008
Adobe Revenue Forecast Trails Analysts’ Estimates (Update1)
By Rochelle Garner Dec. 3 (Bloomberg) -- Adobe Systems Inc., the world’s largest maker of graphics and Web-design software, forecast sales that trailed analysts’ estimates, saying the global economic crisis has hurt spending.
(Source: Bloomberg) read more...
Thursday,
04 December 2008
Data Weigh on Europes Central Banks
By JOE PARKINSON and ILONA BILLINGTON LONDON -- European economic activity appeared to fall off a cliff in November, increasing pressure on the European Central Bank, the Bank of England and Swedens central bank to deliver sharp interest...
(Source: Wall Street Journal) read more...
Thursday,
04 December 2008
Nippon Oil, Nippon Mining Agree to Merge, Cut Costs (Update2)
By Shigeru Sato and Yuji Okada Dec. 4 (Bloomberg) -- Nippon Oil Corp., Japan’s largest refiner, and Nippon Mining Holdings Inc. have agreed to a (706.3 billion yen) $7.6 billion merger to cut costs amid plunging demand for fuels.
(Source: Bloomberg) read more...
Thursday,
04 December 2008
Neuberger Berman Management, Lehman to Purchase Investment Unit
By Jason Kelly and Jonathan Keehner Dec. 4 (Bloomberg) -- Lehman Brothers Holdings Inc. agreed to sell its investment management business, including the Neuberger Berman fund unit, to its managers in a deal that gives the bankrupt...
(Source: Bloomberg) read more...
Thursday,
04 December 2008
Ford, GM Bonds Rise on Optimism Over US Bailout (Update1)
By Bryan Keogh Dec. 3 (Bloomberg) -- General Motors Corp. and Ford Motor Co. bonds rose on optimism that the US government will bail out the auto industry after the companies promised to cut costs and asked Congress for $27 billion in aid.
(Source: Bloomberg) read more...
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- State Street to cut up to 1800 jobs
- Vikings react to suspensions of Williams Wall
- Union concessions may improve prospects for auto bailout
- Financial industry pushes for lower mortgage rates
- Adobe issues disappointing outlook, will cut jobs
- Fed paints dreary economic picture
- Neuberger Team Wins Bid for Lehman Unit
- Freeport to Cut 20% of US Staff Amid Metals Rout (Update1)
- French power company in hunt for Constellation
- UBS: More former executives forgo pay, bonuses
- ArcelorMittal May Cut 9000 Jobs Across the World (Update3)
- Black Friday At Toys R Us
- Obama Says Thanksgiving Comes During a ‘Time of Great Trial’
- OPEC Has All Options Open, Including Cut, Libya Says (Update2)
- GM Said to Study Shedding Saturn, Saab, Pontiac to Win US Aid
- Ford Resists Change to Mulallys Pay
- European, Asian stocks higher despite gloomy data
- Town officials wary of casinos alcohol proposal