UNITED STATES

U.S. video game sales down 7.6 pct in November-NPD

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Sales of video game equipment and software in the United States fell 7.6 percent in November to $2.7 billion, research group NPD said on Thursday, as the struggling industry limped into the crucial holiday sales period.

U.S. video game sales down 7.6 pct in November: NPD

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Sales of video game equipment and software in the United States fell 7.6 percent in November to $2.7 billion, research group NPD said on Thursday, as the struggling industry limped into the crucial holiday sales period.
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China Nuokang IPO falls in debut, Trony pulls IPO

Two Chinese companies struggled to gain a foothold in the U.S. equity markets on Thursday, with one falling as much as 11.1 percent in its first day of trading and another withdrawing its initial offering altogether.
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Craigslist founder testifies felt betrayed by eBay

Craigslist founder Craig Newmark testified on Thursday he decided to trust eBay Inc after a key 2004 meeting in which then-CEO Meg Whitman and other executives said the Internet giant shared the small private company's core values.
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BlackRock plans hedge fund for U.S. retail clients

BlackRock Inc plans to launch a portfolio that will let wealthy individual investors access hedge funds that have boosted pension funds' and endowments' returns, the company said in a regulatory filing on Thursday.
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Harvard University to suspend campus expansion

Harvard University said on Thursday that it cannot afford to complete construction of its $1 billion science complex right now and will pause its campus expansion outside its Cambridge, Massachusetts, home.
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University endowments beat S&P 500 last year

Endowment funds of major colleges and universities lost 19 percent for the year ended June 2009, outpacing the 28 percent drop in the Standard & Poor's 500, according to a survey released on Thursday.
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Daily Forecast - 11/12/2009

The Australian Dollar opens higher today at 0.9160 and received a boost on Thursday from better than expected local jobs data.
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Obama calls for climate deal

U.S. President Barack Obama urged world leaders on Thursday to break the deadlock at climate change talks in Copenhagen, even though many nations accused the United States of lacking ambition.
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Wall Street ends up after jobs, trade data

Stocks gained on Thursday as signs of improving trends in the job market and a decline in the U.S. October trade deficit reassured investors the economy was on a steady growth path.
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China calls for more emissions cuts from U.S.

China's top climate envoy called on President Barack Obama to increase a U.S. offer to cut greenhouse gases, and said it would discuss a 2050 emissions goal only if rich nations offered more cash and carbon cuts.
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U.S. House approves $447 billion spending bill

The House of Representatives on Thursday approved a $447 billion bill that boosts funding for a large part of the U.S. government and reflects priorities of Democrats who control Congress and the White House.
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Goldman top executives to take bonuses in stock

Goldman Sachs Group Inc plans to pay top managers their 2009 bonuses in stock, rather than cash, as it seeks to deflect outrage over a near-record pay haul months after it repaid billions of dollars in taxpayer aid.
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Wall Street closes up after jobs, trade data

Stocks gained on Thursday as signs of improving trends in the job market and a decline in the U.S. October trade deficit reassured investors the economy was on a steady growth path.
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UK study confirms H1N1 far less lethal than feared

H1N1 pandemic swine flu is far less lethal than feared, British scientists said on Wednesday, but public health officials should not be complacent in fighting it and vaccination campaigns should continue.
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Marrow transplant cures adult sickle cell disease

Bone marrow transplants, already used to treat some children with sickle cell disease, also may cure some adults with this deadly genetic defect that causes red blood cells to contort, U.S. scientists said on Wednesday.
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New jobless claims rise, trade gap narrows

The number of U.S. workers filing new claims for jobless benefits rose more than expected last week, but a surprise narrowing in the trade gap in October indicated the economy remained firmly on a steady growth path.
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U.S. wireless users satisfied, FCC should help more: GAO

Most customers are generally satisfied with their wireless telephone service, but many are frustrated with fees associated with ending their contract to switch carriers, according to a congressional study released on Thursday.
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U.S. fixed mortgage rates climb from record lows

U.S. fixed home loan rates edged above record lows in the past week, tracking bond yields higher following surprise improvement in November employment, home funding company Freddie Mac (FRE.N)(FRE.P) said on Thursday.

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