| Business News |
Oil slumps on easing storm worry and dollar
(Reuters)
 Reuters - Oil tumbled more than $5 on Tuesday,
pushing losses so far this week to about $10, as forecasters
said an Atlantic hurricane would steer clear of offshore oil
platforms and the greenback gained against other currencies.
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Alcoa's profit off but tops forecasts
(Reuters)
 Reuters - Aluminum producer Alcoa Inc on
Tuesday posted a smaller-than-expected drop in second-quarter
profit, lifting its shares, as higher aluminum prices and sales
volumes offset higher costs.
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Anheuser-Busch sues InBev over takeover attempt
(Reuters)
 Reuters - Anheuser-Busch Cos Inc sued
InBev NV in an effort to stop its Belgian-Brazilian
suitor from taking any more steps to replace the U.S. brewer's
board of directors, which had rejected a $46.3 billion takeover
offer from InBev.
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Stocks rise on banks and lower oil
(Reuters)
 Reuters - Stocks rose in another turbulent
session on Tuesday as a pullback in oil prices eased worries
about consumer and business spending, while financial shares
gained after the Fed chairman said he may keep open a lifeline
for banks.
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Traders plead guilty to foreign exchange scam
(Reuters)
Reuters - Two currency traders pleaded guilty on
Tuesday to defrauding investors, admitting their firm engaged
in almost no trading and that they misappropriated money from
investors and used it to buy luxury homes and cars, federal
prosecutors said.
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Paulson says U.S. home foreclosures to stay high
(Reuters)
 Reuters - U.S. Treasury Secretary Henry
Paulson said on Tuesday that home foreclosure starts may hit
2.5 million this year, many of them the borrowers' own fault
for taking out loans they couldn't afford.
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| Steve Miller Band celebrates 40 years with DVD set - 12, May 2008 |
By Gary Graff
DETROIT (Billboard) - As the Steve Miller Band marks the 40th anniversary of the release of its first two albums, it will release its first DVD, "Live From Chicago," a three-disc set due May 20.
The first disc contains live footage shot in July 2007 at Chicago's Ravinia Amphitheater during a two-day stand. Disc two takes viewers on a tour of Chicago by way of a first-person documentary that traces Steve Miller's Chicago blues roots, while the third disc provides bonus footage from the Ravinia gigs.
Portions of the DVD will be broadcast on PBS as part of its spring and summer fundraising drive.
Miller says he initially "wasn't very interested" in doing a concert DVD but was impressed by the previous work of director/producer Daniel E. Catullo III and producer Jack Gulick.
"I was really pleasantly surprised by them and how much work they put into it and what a great job they did," Miller says. "I think they really captured the kind of joy and fun and happiness we have at our concerts ... doing what we do without too much rock 'n' roll posing and that kind of bulls--t. It's a really good, straightforward representation of who the Steve Miller Band is and what we do, period."
Miller and his band are also hoping to release new, blues-oriented recordings shortly. Earlier this year, the group recorded more than three dozen blues tunes on the soundstage at George Lucas' Skywalker Ranch in Marin County, California. The troupe was joined by Sonny Charles of the Checkmates, who's now a full-fledged Steve Miller Band member. Miller tells Billboard.com that he hopes to make the recordings available sooner rather than later.
"I think I'm probably just gonna put them on my Web site and sell it that way," says Miller, who's grouped the songs into three separate albums. "I haven't figured it out yet, but I'm not too worried about it. I'm just gonna make sure everybody that wants to get it can get it."
Miller started the project with about 5,000 songs that he kept on a hard drive and eventually whittled down to the final grouping. "It's such an amazing list of great material. It just makes me laugh every time we put it on," says Miller, adding that the vast majority of tracks are covers.
(c) 2008 Reuters
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| Software News |
EA says has complied with FTC request on Take-Two
(Reuters)
 Reuters - Video game publisher Electronic
Arts Inc said on Tuesday it complied with a
regulator's request for more information on its Take-Two
Interactive Software Inc bid, moving a step closer to
buying its rival.
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VMware shares plunge on CEO change, slowing growth
(AP)
AP - VMware Inc. abruptly replaced co-founder Diane Greene as chief executive Tuesday and lowered its sales outlook, triggering alarms that pounded the business software maker's shares to their lowest depths since the company's lucrative public offering 11 months ago.
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Microsoft Sets Hosted-services Pricing, Irks Partners
(PC World)
PC World - Some Microsoft partners are less than thrilled by the company's push into a software-plus-services model, which will compete...
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Irrigation Systems Soak up Top Prizes in Software Contest
(PC World)
PC World - An irrigation automation system, developed by a team of Australian students, won Microsoft's Imagine Cup programming contest.
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VMware warns on revenue, replaces CEO
(Reuters)
Reuters - Business software maker VMware Inc
warned on Tuesday that 2008 revenue growth will fall short of
expectations and said it has replaced its chief executive,
sending its shares tumbling 30 percent.
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New Yahoo board might lure Microsoft back into talks
(USATODAY.com)
USATODAY.com - Microsoft threw its weight behind investor Carl Icahn's effort to oust Yahoo's board next month, saying Monday that a successful rebellion would encourage the software maker to renew its takeover bid for Yahoo or negotiate another deal.
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