Business and Finance News
Citigroup pays $US75m to settle subprime case
West Australian
Citigroup has agreed to pay a $US75 million ($A84.2 million) fine to settle charges it misled investors about exposure to subprime mortgage-related assets, the US Securities and Exchange Commission sa...
Best Buy to offer faster mobile broadband
Star Tribune
Best Buy is once again extending its reach into the wireless broadband market, hoping to give customers one-stop shopping for services that connect laptops and netbooks. The Richfield-based company s...
Letters: Old film scores
Guardian
Letters , 29 July). Dance on the grave if you like, but the demise of the UK Film Council is no victory for the BFI or anyone concerned in challenging Hollywood's domination of our screens. The UKFC w...
Earnings Season: Gold Miners Sparkle
Forbes
Earnings reports continue to pour in from major companies this week as we've reached the height of earnings season. The results have been mixed, however, and the markets have been mixed with them. The...
Earnings Season: Gold Miners Sparkle
Forbes
Earnings reports continue to pour in from major companies this week as we've reached the height of earnings season. The results have been mixed, however, and the markets have been mixed with them. The...
US stocks fall on poor earnings
Earth Times
Dow Jones Industrial Average fell 30.72 points, or 0.29 per cent, to close at 10,467.16. The broader Standard and Poor's 500 Index dropped 4.6 points, or 0.42 per cent, to 1,101.53. The technology-hea...
Planar surprises Wall Street with strong quarter
Business Journal
Planar Systems Inc. shot up in after-hours trading after the company surprised Wall Street with a profitable quarter. For the three months ended June 25, the Beaverton-based company (NASDAQ: PLNR) re...
Summary Box: Treasurys mixed on economic data
The Seattle Times
TREASURYS MIXED: The prices of the 10-year note and 30-year bond slipped, while prices for two-, and five- and seven- year notes were higher. TREASURY AUCTIONS: The Treasury Department auctioned $29 ...
NY Fed: Toxic assets from AIG gaining value
MSNBC
WASHINGTON — Toxic assets the government bought during the bailouts of American International Group Inc. and Bear Stearns are finally gaining value, the Federal Reserve Bank of New York said Thu...
Court keeps English muffin secrets from rival
MSNBC
PHILADELPHIA — A food-industry executive armed with the secret to the "nooks and crannies" in Thomas' English muffins can't work for a rival amid a trade-secret lawsuit. The U.S. appeals cour...
Citigroup paying $75M to settle civil charges
MSNBC
WASHINGTON — Banking titan Citigroup Inc. is paying $75 million to settle civil charges that it misled investors about its potential losses from subprime mortgages as the housing bust hit in 200...
Back-to-school buying lessons for children
MSNBC
NEW YORK — Shopping for back-to-school items for your elementary school children, but afraid of a fight in the jeans aisle? Parents who hope to keep a lid on spending can soften the edge by p...
Ballmer: Microsoft feels tablet 'urgency'
CNN Money
REDMOND, Wash. (CNNMoney.com) -- Microsoft Chief Executive Steve Ballmer said Thursday that the software giant is urgently working with its partners to unveil a host of tablet computers running Window...
Microsoft feels tablet 'urgency'
CNN Money
REDMOND, Wash. (CNNMoney.com) -- Microsoft Chief Executive Steve Ballmer said Thursday that the software giant is urgently working with its partners to unveil a host of tablet computers running Window...
Ballmer: Microsoft feels tablet 'urgency'
Fortune
REDMOND, Wash. (CNNMoney.com) -- Microsoft Chief Executive Steve Ballmer said Thursday that the software giant is urgently working with its partners to unveil a host of tablet computers running Window...
Microsoft Says Tablets Top of Mind Amid Apple Success
BusinessWeek
July 29 (Bloomberg) -- Microsoft Corp. Chief Executive Officer Steve Ballmer said tablet computers are high on his priority list as Apple Inc. takes the lead in a market his company has tried to foste...
Citigroup agrees $75m fraud fine
BBC
Banking giant Citigroup has agreed to pay $75m (£48m) to settle civil charges that it misled investors over potential losses from high-risk mortgages.
Microsoft talks up tablets, shows off new phones
Reuters
SEATTLE (Reuters) - Microsoft Corp set out its ambitions to dominate the consumer electronics market on Thursday with Windows-powered tablet computers and smartphones designed to beat back advances by...
McAfee profit tops Wall Street target
Reuters
SAN FRANCISCO (Reuters) - McAfee Inc, the No. 2 security software maker, reported better-than-expected profit on Thursday, lifted by growth in its consumer business.
Microsoft talks up tablets, shows off new phones
Reuters
SEATTLE (Reuters) - Microsoft Corp set out its ambitions to dominate the consumer electronics market on Thursday with Windows-powered tablet computers and smartphones designed to beat back advances by...
US stocks erase early gains
News.com.au
US stock markets ebbed today, reversing early gains garnered from news of an unexpected fall in jobless claims and solid company earnings.
Microsoft CEO: Tablets are 'job one' for company
Market Watch
REDMOND, Wash. (MarketWatch) -- Microsoft Corp. Chief Executive Steve Ballmer stressed to Wall Street analysts on Thursday that the development of tablet computers outfitted with the company's softwar...
Amgen reports lower earnings on slowed sales
Market Watch
BOSTON (MarketWatch) -- Amgen Inc. reported slightly lower earnings late Thursday, due to various charges and decreased sales of two of its leading products, Enbrel and Aranesp. The Thousand Oaks...
Microsoft CEO: Tablets are 'job one' for company
Market Watch
REDMOND, Wash. (MarketWatch) -- Microsoft Corp. Chief Executive Steve Ballmer stressed to Wall Street analysts on Thursday that the development of tablet computers outfitted with the company's softwar...
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