Fed sees little risk of inflation in weak economy
Senior U.S. Federal Reserve officials said on Thursday inflation is not an immediate threat as a weak economic recovery and a grim outlook for jobs keep price pressures in check. Read Full Article here.
Big shareholders ask Goldman to cut bonuses: report
Some of Goldman Sachs Group Inc's largest shareholders have asked the company to cut the size of its bonus pool and pass along more of its profits to investors, the Wall Street Journal reported, citing people familiar with the situation. Read Full Article here.
Dell bets on corporate spending for recovery
Dell , the world's No.3 PC brand, said on Friday that its core business of selling computers to companies was returning, after a sharp drop-off during the global downturn led to disappointing quarterly results. Read Full Article here.
Ferrero, Hershey would likely break up Cadbury: report
Cadbury suitors Ferrero and Hershey would likely break the UK confectioner up into separate businesses if a mooted bid for the company succeeds, an Italian newspaper reported. Read Full Article here.
Bank bill delayed in House, Senate divided
Progress toward tighter U.S. financial regulation faltered in the U.S. Congress on Thursday as a House committee postponed a pivotal vote and Republicans on a Senate committee aired stubborn opposition. Read Full Article here.
Sony to launch online entertainment service in 2010
Sony Corp said on Friday that its planned entertainment content distribution service for network-compatible TVs and other devices will be launched next year. Read Full Article here.
Gameloft says it, others reining in Android plans
French mobile phone games company Gameloft said it and other software developers were cutting back investment in developing games and other applications for Google's Android platform. Read Full Article here.