Business newsBusiness news are continually updated from many sources around the net |
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The Energy Challenge: Gassing Up With Garbage
New York Times | 8 hours 36 minutes ago
After years of false starts, a new industry selling motor fuel made from waste is getting a big push in the U.S., with the first commercial sales possible within months.
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Energy Hunt Is Focusing On the Arctic
New York Times | 8 hours 36 minutes ago
The Arctic Circle holds enough recoverable oil supplies to meet current world demand for nearly three years, according to a new U.S. Geological Survey forecast.
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In Settlement, Nokia Will Pay Royalties to Qualcomm
New York Times | 8 hours 38 minutes ago
Under the terms of the agreement, Nokia can use all of Qualcomm’s patents in its mobile phones and network equipment, and in return it agreed not to use its patents against Qualcomm.
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Head of Microsoft’s Online Efforts Departs
New York Times | 8 hours 44 minutes ago
Kevin Johnson’s exit comes as Steven A. Ballmer, Microsoft’s chief executive, is shaking up top-level staff in a bid to improve Microsoft’s Internet search and ad business.
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Toyota ahead of GM in auto sales
International Herald Tribune | 8 hours 51 minutes ago
Based on sales for the first half of 2008, Toyota appears to be on its way to surpassing GM as the largest automaker.
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New Zealand cuts interest rates for first time in 5 years
International Herald Tribune | 8 hours 51 minutes ago
The central bank said further reductions were likely to counter a rapidly slowing economy.
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Fed report says U.S. economy continued to slow
International Herald Tribune | 8 hours 51 minutes ago
The Federal Reserve's "beige book" report showed that the country slogged through slower economic growth and rising prices during the summer.
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Reports Find Errors and Fraud in Small Business Administration Contracts
New York Times | 8 hours 51 minutes ago
Millions of dollars in federal contracts intended for small businesses reportedly were awarded to companies that had not qualified or had won the contracts fraudulently.
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Soccer book
BBC News | 10 hours 51 minutes ago
The world's oldest soccer annual is saved
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Sweatshop Raided--In Queens!
Forbes | 10 hours 55 minutes ago
New York state cites a supplier for Gap, Macy's and Victoria's Secret.
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Moscow tops list of pricey cities
BBC News | 10 hours 59 minutes ago
Moscow tops the league of the most expensive cities to live in for expatriates, followed by Tokyo and London.
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MPs scrap France's 35-hour week
BBC News | 11 hours 5 minutes ago
France's parliament passes a law which effectively ends the country's compulsory 35-hour working week.
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Big unveiling
BBC News | 11 hours 12 minutes ago
Replacing the Vectra is a major step for Vauxhall
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Psst: The Ice Age Is Over
Forbes | 11 hours 25 minutes ago
Global-warming debunkers want the SEC to take action.
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Help Is On the Way
Forbes | 11 hours 31 minutes ago
Congress takes action on housing, but who benefits?
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Bloomberg and Gates fight smoking
BBC News | 12 hours 32 minutes ago
Two of the world's richest men launch a campaign aiming to tackle smoking in the developing world.
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U.S. House passes housing rescue bill
Reuters UK | 12 hours 32 minutes ago
WASHINGTON (Reuters) - The U.S. House of Representatives passed a massive housing rescue bill on Wednesday while the White House dropped a threat to veto it, paving the way for measures aimed at shoring up the worst U.S. housing market since the Great Depression.
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Chrysler Plans to Cut 1,000 Jobs
ABC News | 12 hours 38 minutes ago
The automaker says it will cut 1,000 salaried jobs because of the auto slump.
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House Passes Housing Bill After Bush Says He Will Sign It
New York Times | 12 hours 39 minutes ago
Citing the need to restore confidence in the mortgage giants Fannie Mae and Freddie Mac, the president said he would set aside his objections to the legislation.
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Anheuser-Busch Profit Rises
New York Times | 12 hours 41 minutes ago
The company, which has agreed to be sold to InBev, the Belgium-based brewer, said it had stronger sales of its main brands and said it would soon raise prices.
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Kremlin Rules: An Investment Gets Trapped in Kremlin’s Vise
New York Times | 12 hours 42 minutes ago
The fall of one of Russia’s most prominent foreign investors points to the official corruption that afflicts the country.
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Twisted Genius
Forbes | 12 hours 45 minutes ago
Billionaire John Paulson is placing another mortgage bet, but from a completely different angle.
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Ontario Teachers window-shops Moneysupermarket.com
Reuters UK | 12 hours 50 minutes ago
TORONTO (Reuters) - One of Canada's largest pension funds said on Wednesday that it made a "preliminary approach" to the majority shareholder of Moneysupermarket.com but that it has no current intention of making an offer for the price-comparison website.
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State of the Art: Little Camera, Big Sensor, Many Problems
New York Times | 12 hours 54 minutes ago
Sigma develops a compact camera with a huge sensor. Let the euphoria begin? Not so fast...
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Amazon doubles three-month profit
BBC News | 12 hours 55 minutes ago
The online retailer Amazon beats forecasts by doubling its profits as high petrol prices encourage home shopping.
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Net firms in music pirates deal
BBC News | 13 hours 3 minutes ago
Six top UK internet providers are believed to have signed up to a government-backed plan to tackle illegal file-sharing.
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Strong Quarter for Sales at Amazon
New York Times | 13 hours 21 minutes ago
The online retailer Amazon.com reported that net income for the second quarter more than doubled on strong sales.
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Continental warily embraces approach from smaller rival
International Herald Tribune | 13 hours 26 minutes ago
The German auto parts giant Continental on Wednesday embraced a takeover approach from its smaller rival, the Schaeffler Group, but rejected the current offer as inadequate.
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Boeing profit falls on 787 delays and military contract
International Herald Tribune | 13 hours 26 minutes ago
The company had lower sales at its commercial and military operations, but held to its financial forecasts for this year and next.
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Top editor named at IHT
International Herald Tribune | 13 hours 26 minutes ago
William Schmidt, an assistant managing editor at The New York Times, was appointed Wednesday to take over as the top editor of the International Herald Tribune by the end of the year.
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