| Business News |
April retail sales barely budged: SpendingPulse
(Reuters)
Reuters - Retail sales barely rose in April, as
a relentless surge in gasoline prices made consumers cut back
other types of spending, according to a report released on
Monday.
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ILFC considering split-up from insurer AIG: report
(Reuters)
Reuters - International Lease Finance Corp, a
unit of American International Group , is worried by the
insurer's financial troubles and mulling a split from it, the
Wall Street Journal said on Monday, citing people familiar with
the matter.
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EnCana to split in two with oil at record highs
(Reuters)
 Reuters - EnCana Corp , Canada's
biggest energy company, said on Sunday it plans to split into
two separate oil and natural gas firms in an effort to wring
out more value with crude prices at record highs.
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Cablevision near deal to buy Newsday: source
(Reuters)
 Reuters - Tribune Co is close to an agreement to
sell its Newsday newspaper to Cablevision Systems Corp
and an announcement could come as early as Monday, a source
familiar with the situation said on Sunday.
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Global stocks rise as yen eases, Aussie banks eye M&A
(Reuters)
 Reuters - Stocks recovered earlier losses on
Monday, with Japan rebounding as the yen fell against the
dollar and boosted exporters, and Sydney rising 1 percent on
optimism over a potential bank takeover.
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April retail sales barely budged: SpendingPulse
(Reuters)
Reuters - Retail sales barely rose in April, as
a relentless surge in gasoline prices made consumers cut back
other types of spending, according to a report released on
Monday.
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| News from Technology category: |
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DENVER (Billboard) - Perhaps no single device has had more impact on mobile music than Apple's iPhone.
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TORONTO (Reuters) - Research In Motion Ltd is launching a new high-end version of the BlackBerry aimed at its core base of business users, but it hopes the sleek device will also catch on in the broad retail market.
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AMSTERDAM (Reuters) - Dutch authorities intend to crack down on illegal online casinos and are calling on banks to stop providing financial services to them, a Justice Ministry spokeswoman said on Saturday.
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WASHINGTON (Reuters) - The FBI on Friday said an investigation into the sale of counterfeit Chinese computer components to the U.S. government has recovered about 3,500 bogus devices with a retail value of $3.5 million.
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SAN FRANCISCO (Reuters) - Take-Two Interactive Software Inc said on Friday that "Pirates of the Caribbean" director Gore Verbinski will make a movie version of "BioShock," its hit video game about an underwater utopia gone disastrously wrong.
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SAN FRANCISCO (Reuters) - Activision Inc posted a quarterly profit on Thursday that blew past expectations as demand for its "Guitar Hero 3" and "Call of Duty 4" video games made up for a complete lack of new releases.
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NEW YORK (Reuters) - Cablevision Systems Corp said on Thursday it plans to spend $350 million to build a wireless broadband network to serve its subscribers in the New York area.
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NEW YORK (Reuters) - News Corp's MySpace social network will let users choose to share their public profile information, such as pictures, videos, and text, across the Web to spread its service beyond its own borders.
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LONDON (Reuters) - Young designers competing to get noticed by fashion labels can now launch their careers online through the fashion world's answer to the social networking Web site MySpace.com.
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BOSTON (Reuters) - Pierre Avignon is no pirate, but he does not believe in paying for software. His computer is filled with programs like Symphony -- a free suite that he downloaded from an International Business Machines Corp website (http://symphony.lo
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SAN FRANCISCO, May 8 (Reuters Life!) - Playing video games does not turn children into deranged, blood-thirsty super-killers, according to a new book by a pair of Harvard researchers.
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LONDON (Reuters) - The rise of gadgets like the iPhone, Blackberry and Xbox threatens to unravel the decades of innovation that helped to build the Internet, a leading academic has warned in a new book.
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TORONTO (Reuters) - While many Facebook users may be secretly surfing the social networking site on the job, many Canadians say they are willing to let their employer look at their profiles, according to a poll released on Wednesday.
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NEW YORK (Reuters) - Criminal action game "Grand Theft Auto 4" scored over $500 million in global receipts its first week in release, selling over 6 million units to become one of the most lucrative entertainment launches in history.
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NEW YORK (Reuters) - Sprint Nextel Corp and top U.S. cable companies are investing in Clearwire Corp to introduce high-speed wireless Web services and get a head start on AT&T and Verizon, but analysts said the seven-way partnership may be too complex
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NEW YORK (Reuters) - Take-Two Interactive Software Inc scored over $500 million in global sales of its criminal action game "Grand Theft Auto 4" in its first week, making it one of the most lucrative entertainment launches in history.
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VANCOUVER (Reuters) - Video-game publisher Electronic Arts Inc unveiled two initiatives on Tuesday to breathe new life into its sports business by making games that are easier to play and customized for Nintendo Co Ltd's popular Wii console.
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LONDON (Reuters) - Newspapers seeking to compete with the Internet are likely to become free and place greater emphasis on comment and opinion in the future, a survey of the world's editors showed on Tuesday.
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LONDON/AMSTERDAM (Reuters) - Telecoms companies Vodafone and Telecom Italia will both sell Apple Inc's iPhone in Italy, in an apparent break from previous exclusive carrier deals.
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SEOUL/TAIPEI (Reuters) - Samsung Electronics , the world's top maker of memory chips, on Tuesday said it would cooperate with top rivals Intel and TSMC to develop next-generation bigger silicon wafers to boost efficiency in chip manufacturing.
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