Take-Two sells distribution unit, cuts outlook
Take-Two Interactive Software Inc (TTWO.O) will sell its Jack of All Games distribution business to Synnex Corp (SNX.N) for $43.3 million, and slashed its forecasts for fiscal 2010 as a result.
Tech Round Up: HP webcams 'racist', Facebook causes 1 in 5 US divorces, Psystar not closing
Bookseller Barnes & Noble Inc plans to issue $100 gift certificates to people who won't receive its Nook electronic reader by December 24, if they had ordered it on time.
Ford offers buyouts to all UAW workers
Ford Motor Co said on Monday it is offering its 41,000 U.S. factory workers buyouts and early retirement offers in a bid to reduce its payroll costs as it aims to return to profit by 2011.
Wall Street climbs on health bill; Nasdaq at 15-month high
U.S. stocks rose on Monday, with the Nasdaq hitting a 15-month high after a healthcare reform bill advanced in the Senate and brokerages upgraded two Dow components on improving profit prospects.
Qaeda makes rare public appearance at Yemen rally
Al Qaeda militants made a rare public appearance in restive south Yemen on Monday, telling an anti-government rally that the group's war was with the United States and not the Yemeni army, residents said.
What caused actress Brittany Murphy to die suddenly?
At least for one more month it is unlikely to know the reason that caused the sudden death of American actress Brittany Murphy at age 32 yesterday.
Weekend snowstorm cuts U.S. holiday sales upside
The heavy snowstorm that swept the East Coast of the United States over the weekend may have cost retailers the potential for any upside to holiday sales, industry experts said on Monday.
Dubai set for Jan standstill pitch
Dubai World disappointed creditors on Monday by making little progress on securing standstill on $22 billion (13.6 billion pounds) of debt, as a key creditor meeting turned out to be a tame affair with less than half the expected attendees showing up.
U.S. pay czar allows incentives for key AIG employee
U.S. pay czar Kenneth Feinberg yielded on Monday to pleas from American International Group to modify terms for a top employee the embattled insurer said was vital to its regaining stability.
Heavily indebted Dubai World to pitch standstill
Dubai World disappointed creditors on Monday by making little progress on securing standstill on $22 billion of debt, as a key creditor meeting turned out to be a tame affair with less than half the expected attendees showing up.
Daily Forecast - 22/12/2009
The Aussie failed to hold on to the 89 cent level in early morning trade yesterday declining steadily throughout the Asian session to enter offshore exchange around 0.8840 against the Greenback.
Health shares lift Wall Street; Nasdaq at 15-month high
Stocks rose on Monday, with the Nasdaq hitting a 15-month high after a healthcare reform bill advanced in the Senate and brokerages upgraded two Dow components on improving profit prospects.
Chris Liddell named GM's Vice Chairman, CFO
Chris Liddell has been hired by General Motors to serve as its vice chairman and chief financial officer.
Wall Street jumps on pharma boost, upgrades
Stocks mounted a broad advance on Monday after a key healthcare reform bill advanced in the Senate and brokerages upgraded Dow components Intel Corp and Alcoa Inc on improving profit prospects.
Brittany Murphy death sparks speculation over cause
Los Angeles coroners will perform an autopsy on Monday on actress Brittany Murphy as speculation mounted that anorexia may have played a part in her sudden death one day earlier at age 32.
Top 10 Destinations for Independent Travelers in 2009
Here are Top 10 Destinations for Independent Travelers in 2009
Canadian auto parts makers poised for green gains
A push by U.S. automakers to build more fuel efficient vehicles is playing to a strength of Canada's auto parts makers and positions them to pick up market share as the industry emerges from recession.
Health care bill set to pass on Christmas Eve
The US health care bill is expected to pass in a final Senate vote at 7 p.m. on Christmas Eve after the 60-40 Senate vote to end the debate early Monday morning.
TV presenter apologizes for calling Susan Boyle ‘retarded’
A prominent New Zealand TV presenter apologized Monday for calling Scottish singer, Susan Boyle, retarded on his show last month.
US Cash Products-Differentials flat in thin pre-holiday market
Heating oil differentials in the New York Harbor moved up slightly despite a National Weather Service report showing that heating demand will be below normal during the coming week.
Pay czar allows incentives for a key AIG employee
U.S. pay czar Kenneth Feinberg yielded on Monday to pleas from American International Group to modify terms for a top employee the embattled insurer said was vital to its regaining stability.
The Toxic Dream: Progressively Improving Futures
Shooter Bill Simmons wrote me: “…If things continue to muddle along into the progressively improving future as they always have in the grand scheme of things…”
Hewlett-Packard looking into 'racist webcam' claims
Hewlett-Packard Co. said Monday it is looking into the facial-tracking software used in its personal computers, after a customer calling himself “Black Desi” posted a YouTube video, where he says that Hewlett-Packard computers are racist.
5 Top resources for the first time solo traveler
There are two types of people in this world. Those that can't imagine what someone could possibly like about solo travelling, and those that are constantly bugged by others asking what they like about solo travelling.
With holiday consumer sentiment strong the Monday before Christmas, we could be on the verge of an end-of-2009 breakout in penny stocks. What better time then to look at four stocks getting set to move big time in the coming week. Here's a look at th
With holiday consumer sentiment strong the Monday before Christmas, we could be on the verge of an end-of-2009 breakout in penny stocks. What better time then to look at four stocks getting set to move big time in the coming week. Here's a look at this week's Watchlist…
U.S. Senate on track to pass healthcare bill
President Barack Obama on Monday heralded a U.S. Senate vote that moved a bill on his signature healthcare reform closer to passage and congratulated lawmakers for defying special interests.
Wall Street gains; S&P, Nasdaq eye 2009 highs
U.S. stocks climbed on Monday, with the S&P 500 and Nasdaq eyeing new year highs, lifted by the healthcare sector after a Senate bill advanced that omitted some provisions opposed by the industry.
Brittany Murphy spoke of next life (VIDEO)
Brittany Murphy joked about her next life in her last public appearance on December 1 at the premiere of 'Across The Hall' in Los Angeles, California.
Brittany Murphy: ‘Can I have your hair in my next life?’ (VIDEO)
Brittany Murphy, the talented actress and recording artist, who died Sunday joked of her next life just two weeks before her death.
Citadel, other media companies file bankruptcy
Three more media companies, including broadcaster Citadel Broadcasting , have filed for bankruptcy, brought low by the drop in advertising revenue and crushing debt loads.