Consumers find a personal shopper in the Web
As increasingly harried consumers grapple with overwhelming fashion choices, inconsistent sizes and expanding waistlines, Web-based companies are casting themselves as personal shoppers, catering to every body type's special needs.
OPEC will not lower price quotas
Major oil producing countries will not lower their oil production for the rest of the year as they work toward stabilizing oil prices, said OPEC's President, Edmund Daukoru on Thursday.
Japan Firms Launch Ad Service for Podcasts
Dentsu Inc., Japan's largest adverising conglomerate, and CCI (Cyber Communications Inc.) announced Friday that they will start an audio ad streaming service for Apple iPod Podcast contents.
Ivory Coast cocoa farmers' want lower taxes
Ivory Coast cocoa-exporting farmers have asked their government to lower taxes to help them compete with more influential foreign exporters.
Coca-Cola: Goodbye UK, Hello Africa
The Coca- Cola company said on Friday it will relocate its Africa Group office from Windsor, England to Johannesburg in South Africa starting in January next year, in a bid to increase business growth in Africa.
Palm to Unveil new Treo Smart Phone Next Month
Palm Inc., handheld computer and phone maker, will unveil a new version of its Treo smart-phone next month, striving to revive sales amid tough competition.
Ford Announces Deep Cuts in Production
Ford Motor Co. on Friday said it would cut fourth-quarter production by 21 percent and also reduce third-quarter production to accelerate its turnaround plan.
UK to get first city with high-speed WiMax coverage
A British city known for its concrete cows is set to become one of the most technologically advanced in Britain after it said it would to be the first UK town to boast a high-speed WiMax wireless broadband network.
Apple Finds no Forced Labor at iPod Plant
Apple Computer said on Thursday it has found no evidence of forced labor at a Chinese factory where its iPods are assembled, however added that its partner did violate some of Apple's code conduct.
Ford looking at more salary cuts, plant closings: WSJ
Ford Motor Co. is considering closing more factories and eliminating more management jobs to cut North American salary costs by another 10 percent to 30 percent, the Wall Street Journal reported on its web site on Thursday.
Bush huddles with economic team as growth slows
President George W. Bush will wrap up conferring with his economic team on Friday on ways to keep the economy growing against a backdrop of higher interest rates, mixed data and fears of rising inflation.
Apple work code broken at supplier's China plant
Apple Computer Inc. said on Friday that its main supplier of iPod music players let employees in a China plant work longer hours than allowed by Apple's code of conduct, and that it had taken steps to address the issue.
EchoStar must disable DVRs, judge rules
A judge has ordered EchoStar to disable the digital video recorders used by several million subscribers to its Dish satellite TV service because they infringe on patents held by TiVo.
CBS to put Evening News with Couric live on Web
CBS said on Thursday it will stream its prime-time news program with Katie Couric live on the Internet simultaneously with the newscast, a first for a major TV network that highlights U.S. broadcasters' rapid expansion on the Web.
India to invest $1bn in African oil
India's growing thirst for oil has prompted the country to seek investments worth $1-billion in oil development and mining projects in Africa's Ivory Coast.
Dell Profit Drops 51 Percent in Latest Quarter
Dell announced on Thursday that its second quarter earnings had dropped 51 percent from the previous quarter, blaming the figure on slower sales growth.
Judge Allows Northwest Flight Attendants to strike
A Federal bankruptcy judge allowed Northwest's flight attendants to strike on Thursday, with the airline vowing that it would appeal the decision.
Court Orders Labor Contract Hearing Delay for Delphi
Delphi Corp., the world's largest auto-parts maker, announced on Thursday that a bankruptcy judge has agreed to postpone a hearing regarding the disposal of labor contracts until Friday, pending negotiations with unions and GM.
Merck Loses Vioxx Case
A jury in a U.S. federal court found that pharmaceuticals company Merck & co. was responsible for the death of a man who took the company's Vioxx painkiller drug.
HP Earns Strong Profits, Maitains 'Outperform' Rating
Hewlett-Packard Co. reported a stronger net profit for the fiscal third quarter on Thursday, exceeding Wall Street expectations.
Virgin Money Touts Benefits of Its Credit Cards in SA
British entrepreneur Richard Branson's latest venture into South Africa, Virgin Money said on Wednesday it has already issued over 50,000 credit-cards in the six weeks since its launch.
Russia Could Cut U.S. Meat Preferences
Russia's economic minister said on Thursday that the country would cut preferences given to U.S. meat imports if Washington fails to allow Russia to join the World Trade Organization.
PepsiCo Refreshes With a New CEO
Indra Nooyi, 50, must maintain strong growth and face the perpetual Coca Cola challenge.
EMI to preload music videos on Microsoft's Zune
EMI Group, the world's third-largest music company said on Thursday it has signed a deal to provide preloaded music videos for Microsoft's soon-to-launch Zune player.
IMesh Releases Legal File-Sharing Network
Imesh subsidiary MusicLab unveiled the latest version of BearShare on Thursday, its recently acquired fellow peer-to-peer network.
CNET Requests Hearing over De-Listing
CNET Networks Inc. said on Wednesday it has received notice it is not in compliance with Nasdaq listing rules after it delayed filing a quarterly report due to an internal stock options investigation.
Options Backdating Hits McAfee
McAfee Inc, the security software provider, said on Wednesday that reviewers discovered problems in the dating of some of its option grants leading to a possible restatement in financial data.
DVD Giveaways Signal Decline of Format
British newspapers are now giving away free as many DVDs as are being purchased in stores, revealing a stealth contributing factor to the decline of Hollywood's cash cow format.
Icahn to up Time Warner stake: report
Carl Icahn is planning to increase his stake in Time Warner Inc through a new fund he is developing, the New York Times reported on Thursday, citing a letter the billionaire sent to investors.
Jobless claims fell in latest week
The number of U.S. workers seeking first-time jobless aid fell by 10,000 last week, a government report on Thursday showed, signaling a relatively healthy job market.
