UNITED STATES

Exclusive: Wal-Mart changes e-commerce leadership

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Wal-Mart Stores Inc is shaking up its e-commerce structure, putting the people who run stores in developed markets such as the United States in charge of the websites in those countries, according to an internal memo obtained by Reuters on Friday.
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IBM

IBM PC Inventor Mark Dean: 'The PC-era Is Over'

IBM engineer Mark Dean ? who happens to be one of the designers of the company?s first personal computer ? used the celebration of the PC?s 30th birthday to announce that we now live in the ?post-PC era.?
An electronic board displaying movements in major indices is seen at Johannesburg stock exchange in Sandton

S.Africa's rand steadies, stocks rise

South Africa's rand steadied against the dollar on Friday but faced further losses after a turbulent week in which it hit its weakest levels in more than a year as investors spooked by debt woes in the U.S. and Europe fled to safer havens like the yen.
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Wall St up as retail sales overshadow sentiment

U.S. stocks rose about 1 percent on Friday as mildly encouraging retail sales put the S&P on track for a two-day winning streak for the first time since mid-July as investors shrugged off weak consumer sentiment data.
Rating the Rating.

SEC Investigation of S&P: Could be Bad Move for Obama

The U.S. Securities and Exchange Commission (SEC ) is now looking into potential insider trading by Standard & Poor's employees before the rating agency's decision to downgrade the U.S.'s long-term debt, according to Financial Times.
At Issue: The Afghanistan War

Navy SEALs Afghanistan: General Says Crash Happened During Pursuit, Not Rescue

Contradicting earlier official reports, the top American commander in Afghanistan told reporters that the 17 Navy SEALs killed alongside 13 other U.S. troops and eight Afghan commandos were not on a rescue mission, The Daily reported. Instead, their helicopter came under fire after they had been called in to chase fleeing Taliban fighters.

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