Microsoft launches Windows 7
Microsoft Corp launched Windows 7 on Thursday in its most important release for more than a decade, aiming to win back customers after the disappointing Vista and strengthen its grip on the PC market. Read Full Article here.
Top pay at bailed out companies to be cut
Top earners at financial and auto companies bailed out by the U.S. government will see their pay slashed under an Obama administration plan aimed at addressing public outrage over eye-popping paychecks, two sources familiar with the matter said on Wednesday. Read Full Article here.
GM culture needs shake-up- ex-US task force chief
Overcoming an entrenched corporate culture is the biggest question mark for General Motors Co management as it tries to maintain viability following its near failure this year, the former chief of the Obama administration's autos task force said on Wednesday. Read Full Article here.
BofA to sell First Republic for $1 billion
Bank of America Corp agreed to sell First Republic private bank to a group of private equity investors. Read Full Article here.
Investment bank Imperial Capital seeks $150 mln IPO
Boutique investment bank Imperial Capital Group Inc is planning to raise as much as $150 million in an initial public offering. Read Full Article here.
Acer sees revenue almost doubling in 3 yrs -chairman
Acer Inc, the world's No. 2 PC maker, expects revenue to grow about 70 percent to $30 billion in three years, helped by growth in the PC and handheld devices sector, the company's chairman said on Thursday. Read Full Article here.