SEC Lays Out Accounting Shift (1)
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The SEC kicked off a process that could ultimately require all American companies to follow international accounting standards.
H-P Closes EDS Purchase (1)
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H-P completed its $13.25 billion purchase of EDS, adding more than 140,000 employees. The acquisition has seen little resistance from H-P investors.
H-P Closes EDS Purchase (1)
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H-P completed its $13.25 billion purchase of EDS, adding more than 140,000 employees. The acquisition has seen little resistance from H-P investors.
Hyundai Gambles on Luxury Sales (1)
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Hyundai is aiming to sell about 50,000 Genesis sedans in the U.S. in 2009, as the Korean auto maker tries to break into the luxury class.
GM to Build Diesel Engines in Thailand (1)
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GM plans to invest $445 million to build a diesel-engine plant in Thailand and upgrade an existing assembly plant.
Dr Pepper Income Loses Fizz (1)
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Dr Pepper Snapple's net income dropped 21% amid weakness in the bottling segment and as margins were squeezed by high costs, although the company boosted its full-year earnings outlook.
Applied Materials Profit Falls 65% (1)
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Applied Materials reported a 65% plunge in third-quarter profit, as hard times continue for suppliers of tools to the semiconductor industry.
IRS Offers Amnesty on 'LILO' Deals (1)
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The IRS is offering a type of amnesty to more than 45 companies that engaged in complex leasing transactions that the agency has challenged as abusive tax shelters.
Touch Is the Future at H-P (1)
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H-P is working on an array of products that use the finger-tapping interface popularized by Apple's iPhone. The company says it's trying to get touch-enabled notebook computers on the market within the next 18 months.
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Rich said:
Good Edusim news
JetBlue to Charge for Pillows, Blankets (1)
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JetBlue said it will charge passengers $7 for pillows and blankets, available on flights longer than two hours, in the latest effort to squeeze more revenue from customers amid crushing fuel prices.
GM Reduces Saab Warranty Terms (1)
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GM will eliminate shifts at two truck plants in September and slow assembly-line speeds at other plants as part of planned production cuts.
Weighing Recession Against Growth (1)
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House prices are tumbling, the job market is faltering, and financial markets are struggling -- but the U.S. economy is expanding. Continued growth raises the prospect that this could be the first U.S. recession without a decline in economic output.
In Race U.S. Sales, Honda Makes Gains (1)
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U.S. auto makers on Friday will report vehicle sales for July, and another substantial decline is expected. In the battle for top spot, Toyota is nipping at the heels of longtime leader GM. The more telling development, however, could be the race for No. 3.
Two More Banks Fail (1)
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Federal regulators shut down two national banks, First National Bank of Nevada and First Heritage Bank, but the FDIC did protect all depositors by selling the accounts. So far, seven banks have failed this year.
Chrysler to Cut White-Collar Jobs (1)
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Chrysler plans to eliminate 1,000 salaried jobs by Sept. 30, in an effort to cut costs amid a deep slump in U.S. auto sales.
Gambling on Facebook Games, Zynga Cashes In (2)
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Zynga Game Network, which makes free poker, puzzle and other games for social-networking Web sites, has attracted backing from heavyweight investor Kleiner Perkins Caufield & Byers.
Electronic Arts Hires United Talent Agency (1)
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Electronic Arts said it has retained Hollywood's United Talent Agency to help turn EA's videogames into movies and television shows.
SEC Clarifies Short-Selling Rule (1)
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The SEC said an emergency order imposing new restrictions on short sales will not apply to bona fide market makers.
Winter Could Test Energy Math (1)
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Utilities and industry analysts estimate that it will cost families 30% to 50% more to heat their homes with natural gas this winter. Some worry the higher heating costs could be the tipping point for family budgets.
Billionaire to Invest in SpiceJet (1)
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U.S. billionaire Wilbur Ross has agreed to invest about $80 million in Indian discount-carrier SpiceJet through his New York-based investment vehicle.