COMPANIES

James Murdoch confirmed as BSkyB chairman

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James Murdoch was unanimously confirmed as chairman by BSkyB's board, winning a reprieve from a phone-hacking scandal that threatens to draw him into multiple investigations, two sources briefed on the board meeting told Reuters.
Runaway Millionaire on Trial

Steven Heavey to Leave St. George

St. George head of intermediary distribution Steven Heavey has announced his resignation, only days after his involvement in the launch of Westpac's re-organised Bank of Melbourne brand in Victoria.
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Display of Colgate toothpaste is seen on store shelf in Westminster

Latin America helps Colgate, Avon during U.S. slump

Big gains in Latin America covered up U.S. declines at Colgate-Palmolive Co (CL.N) and Avon Products Inc (AVP.N), with the world's largest direct seller of cosmetics seen as having a harder road to recovery.
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Muni issuers put on notice that fate tied to U.S.

Scores of issuers in the U.S. municipal bond market, including cities, counties and school districts, were put on notice on Thursday by Moody's Investors Service that their top ratings could be cut if the United States' Aaa rating falls.
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China pork buying talk lifts hogs

U.S. hog futures advanced on Thursday on renewed talk China may be seeking more U.S. pork, record high wholesale pork prices and higher live cash hog markets in the U.S. Midwest.
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CME tax situation 'untenable,' may exit state-CEO

CME Group Inc (CME.O) is evaluating whether to move some operations to other states from Chicago to reduce its taxes, but it has not decided on an exact timeline, CEO Craig Donohue said Thursday.
Nafissatou Diallo (C), the Manhattan maid who has accused Dominique Strauss-Kahn of sexually assaulting her, stands during a media conference at the Christian Cultural Center in the Brooklyn borough of New York

Strauss-Kahn maid makes appeal as civil suit looms

The hotel maid who accused ex-IMF boss Dominique Strauss-Kahn of sexually assaulting her made an emotional public appeal on Thursday for people to believe her story as her lawyer threatened a civil lawsuit.
Starbucks

Starbucks' Same-Store Sales Increase Pumps Up Profits

Starbucks had higher-than-expected sales increases at its U.S. stores in the company's fiscal third-quarter, pushing profits beyond the expectations of analysts. The company's stock rose in after-hours trading.
Barnes & Noble

Apple Buying Barnes & Noble? Doubtful

A report says Apple is having discussions with bookseller Barnes & Noble about buying the chain. But don't believe everything you read. It's not going to happen.
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Tropical Storm Don nears Texas coast

Tropical Storm Don, the fourth named storm of the Atlantic hurricane season, was churning northwestward across the southern Gulf of Mexico toward the Texas coast.
Netflix

Amazon Adds Movies; Catching Up with Netflix

Amazon has added 1,000 more streaming movies to its lineup for Prime customers. With another deal or two like the one Amazon announced Thursday with Universal Pictures and Amazon could have a streaming video library as big as Netflix's.
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Dunkin' Donuts IPO: Another Boston Chicken?

Dunkin' Donuts had a successful IPO launch Wednesday, with shares increasing more than 40 percent on the first day of trading. But something about it smells a lot like Boston Chicken in the 1990s.
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S.Koreans on landmine alert after deadly mudslides

South Koreans were cautioned about rogue landmines and explosives on Thursday after scores of deadly landslides in and around the capital swamped homes, a monastery and military sites after the heaviest rainfall in a century, officials said.
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report: Goldman's new money machine: warehouses

In a rundown patch of Detroit, enclosed by a cyclone fence and barbed wire, stands an unremarkable warehouse that investment bank Goldman Sachs has transformed into a money-making machine.
Exxon

Exxon Earnings Miss; Profits Rise

Exxon reported second-quarter earnings before the market open Thursday and the company showed an increase due to higher oil prices but the number was below Wall Street's expectations.

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