Failed government-backed banks could be forced to sell off assets or even to close.
Friday, March 4, 2011
EUROPEAN BANKS GET E.U. WARNING
Failed government-backed banks could be forced to sell off assets or even to close.
CARDINALS DOWN NATS 4-1 IN RAIN-SHORTENED GAME (AP)
AP - Adam Wainwright pitched six strong innings, Rick Ankiel broke a five-week homer drought and the St. Louis Cardinals snapped a three-game losing skid with a rain-shortened 4-1 victory over the Washington Nationals on Thursday night.
SYTYCD: KATIE HOLMES GOT HAPPY, BUT NIGEL, CAT AND TWO DANCERS GOT SAD (E! ONLINE)
E! Online - Katie Holmes is so pretty, but is she a great song-and-dance gal?
KEITH URBAN GOES WITH INSTINCT ON DIGITAL RELEASE (REUTERS)
Reuters - Keith Urban's contribution to the iTunes Originals series features interview segments and new, live-in-studio recordings of six songs -- including three from his latest album, the chart-topping "Defying Gravity."
AIR FORCE REPORT ENVISIONS A BROADER USE OF DRONES
The Air Force envisions drones that could do the work of bombers and cargo planes and miniature ones that could spy inside a room.
MICROSOFT SALES DROP SHARPLY, SEES NO QUICK RECOVERY (REUTERS)
Reuters - Microsoft Corp posted the first-ever drop in annual sales of Windows and its quarterly revenue fell a steeper-than-expected 17 percent as its business continued to be hurt by the weak global PC and server markets.
Thursday, March 3, 2011
AMAZON.COM CEO APOLOGIZES FOR ORWELL INCIDENT (AP)
AP - Amazon.com Inc. CEO Jeffrey P. Bezos has apologized to Kindle customers for deleting pirated copies of George Orwell novels "1984" and "Animal Farm" from their e-reader devices.
DOW CLOSES OVER 9,000; FIRST TIME SINCE JANUARY
A report showing that sales of existing homes rose 3.6 percent in June and a flurry of positive earnings reports fueled the surge.
Wednesday, March 2, 2011
ON THE CALL: MICROSOFT CFO CHRIS LIDDELL (AP)
AP - With businesses cutting back on technology spending and consumers favoring low-end notebooks, the average amount Microsoft Corp. brings in from selling a copy of its Windows software has fallen.
RULING MAY BOLSTER CLAIM TO I.B.M. FORTUNE
The Maine Supreme Court upheld an adult, same-sex adoption by a descendant of I.B.M.?s founder. The adoptee is pursuing what she says is her share of the family fortune.
MICROSOFT CAN?T EVADE DOWNTURN?S TIGHT GRIP
The company significantly missed Wall Street?s revenue target and reported the first decline in full-year revenue in its 34-year history.
SALES OF FLU DRUG IMPROVE RESULTS AT ROCHE
Sales of the drug Tamiflu have skyrocketed since the outbreak of swine flu in April, bolstering the profits of the drug?s maker, Roche.
DOES AVATAR SOUND LIKE THE NEXT TITANIC? (E! ONLINE)
E! Online - After four years of development, $200 million in production costs, and a thick shroud of secrecy, superdirector James Cameron (Titanic) showed Comic-Con fans 25 minutes of never-before-seen footage of his new 3-D flick Avatar.
BAIDU REVENUE GROWTH RETURNS, UP 37 PERCENT (PC WORLD)
PC World - Chinese online search leader Baidu returned to ad sales growth in the second quarter, escaping the effects of a scandal late last year over troublesome medical ads.
Tuesday, March 1, 2011
OFFENSE BACKS HAMELS IN PHILLIES' 9-4 WIN (AP)
AP - Cole Hamels pitched seven effective innings, Jayson Werth and Pedro Feliz had three hits apiece and the Philadelphia Phillies beat the San Diego Padres 9-4 in a makeup game Thursday night.
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