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Saturday, November 21, 2009

The Black Friday Question

What will happen for retailers when the U.S. holiday shopping season kicks off on the day after Thanksgiving?

Its a Matter of Time

Possible state and local budget cuts ahead are a threat to U.S. jobs, a think tank says

Google's Mobile Game Plan

Google's smartphone software has taken big steps in two years. Making the best user apps is now a goal, says one executive

FINANCE

Hershey's trust pushes for Cadbury bid: report

The charitable trust that controls Hershey Co is pushing the company to launch a rival $17 billion bid for Cadbury Plc , the Wall Street Journal reported on Friday, citing people familiar with the matter.

TECHNOLOGY

Dell demand pick ups "substantially" after Windows 7 launch

Dell, the world's No.3 PC seller, said on Friday that demand for its PCs picked up "quite substantially" following the launch of Microsoft's new Windows 7 operating system in October.

TECHNOLOGY

The Barnes & Noble nook, a Wireless eBook Reader, is seen during a news conference in New York

Barnes & Noble says Nook sold out before holidays

Barnes & Noble Inc said on Friday it had sold out of its newly-launched Nook electronic readers due to high demand -- a pre-holiday miscalculation that analysts said could boost sales of rival Amazon.com Inc's market leading Kindle.

EQUITIES

Rio's Cloud Peak down in debut, others fare better

Investors bet on growth in the IPOs of a Chinese hotel chain and an online education company on Friday, but were less enthusiastic about a spin-off of mining giant Rio Tinto.

INDUSTRIES

Philip Morris ordered to pay $300 million to smoker

A Florida jury on Thursday ordered cigarette maker Philip Morris USA to pay $300 million in damages to a 61-year-old ex-smoker named Cindy Naugle who is wheelchair-bound by emphysema.

POLITICS & POLICY

Swine flu may be peaking in U.S.

The pandemic of swine flu may be hitting a peak in the United States, health experts said on Friday.

Bank of America CEO Lewis may delay retiring - WSJ

Bank of America Corp Chief Executive Kenneth Lewis has said he would consider postponing his retirement if directors need more time to find a successor or smooth the transition to the next CEO, the Wall Street Journal reported on Friday.

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IBT Features

Cautious optimism as job losses slow

Inside IBT

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FINANCE

EBay completes sale of Skype

EBay Inc said on Thursday it had completed its sale of its Skype unit, as it had vowed to do before the end of the year.

Chrysler 200C concept car on display at the Walter P. Chrysler museum in Auburn Hills, Michigan

FINANCE

Chrysler could lose more than 100 U.S. dealerships

More than 100 Chrysler Group LLC U.S. dealerships face possible closure if they cannot reach new financing deals with GMAC Financial Services or another lender, people involved in the process said on Thursday.

News of AOL cutting 2,500 jobs is seen on an electronic news ticker in New York

INDUSTRIES

AOL shows worst not over for media job cuts

If AOL's announcement on Thursday of another 2,500 job cuts is anything to go by, the painful layoffs that have ravaged the media industry over the past year are nowhere near over.

TECH

Google PC will start in seven seconds or less

New Google Inc software will start up a computer as fast as a television can be turned on, the search company said on Thursday as it showed off its Chrome operating system designed for PCs that do their work on the Web.

INDUSTRIES

Hershey merger talk makes waves in a company town

In a company town where the street lamps are shaped like chocolate Kisses and orphans are cared for with corporate largesse, the prospect that America's biggest chocolate maker may merge with a foreign entity has unnerved some people.

ENERGY

Big Oil to Congress: Expand offshore drilling

Executives from two major oil companies told Congress on Thursday that the U.S. government should open more offshore areas to oil and natural gas drilling so America can rely less on foreign suppliers.

FINANCE

EBay completes sale of Skype

EBay Inc said on Thursday it had completed its sale of its Skype unit, as it had vowed to do before the end of the year.

FINANCE

Chrysler could lose more than 100 U.S. dealerships

INDUSTRIES

AOL shows worst not over for media job cuts

If AOL's announcement on Thursday of another 2,500 job cuts is anything to go by, the painful layoffs that have ravaged the media industry over the past year are nowhere near over.