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	NEWS TAPE

Amazon Plans an Online Store for Movies and TV Shows : In a significant step toward vanquishing the local video store and keeping couch potatoes planted firmly in front of their televisions and computers, Amazon.com will introduce a new online store of ...
18 Jul 2008 16:59

18 Jul 2008 16:40

Mattel to Seek Damages From MGA After Bratz Verdict (Update1) : Mattel Inc. may ask a jury this month for hundreds of millions of dollars in damages after the panel found drawings for MGA Entertainment Inc.'s Bratz dolls were made while the designer ...

Jet Fuel Premium Collapse as Airlines Ground Fleets Weakens Oil : Jet fuel's 100 percent rise over the past year to a record $4.36 a gallon is setting the stage for its decline in the next six months. AMR Corp.'s American Airlines Inc. and UAL Corp.'s United Air Lines Inc. are among carriers readying their biggest cutback in fuel use since 1991 because of the price. The U.S. airline ...
14 Jul 2008 10:55

14 Jul 2008 10:42

Apple May Have Sold 425,000 New IPhones After Debut (Update1) : Apple Inc. may have sold as many as 425,000 of its new iPhones in the first three days after the handset made its debut, in line with projections even after a technical breakdown seemed ...

Concerns raised about lack of Mac-to-MobileMe push sync : While Apple markets MobileMe primarily as a push service, some are now discovering that updates to the Mac don't translate to immediate updates for the web or for Apple's handhelds, raising ...
14 Jul 2008 10:29

14 Jul 2008 10:20

Yahoo Spurns `Ludicrous' Microsoft-Icahn Bid to Split Company : Yahoo! Inc. rebuffed a proposal from Microsoft Corp. and activist shareholder Carl Icahn that would have broken up the Internet company, accusing them of trying to ``coerce'' officials into ...

Apple’s Latest Opens a Developers’ Playground : When Apple opens its online App Store for iPhone software on Thursday, Steven P. Jobs will be making an attempt to dominate the next generation of computing as it moves toward Internet-connected mobile ...
10 Jul 2008 10:42

10 Jul 2008 10:39

Wachovia Names Steel Chief to Mend Relationships on Wall Street : Wachovia Corp., the bank with more than $3 billion in quarterly losses tied to the U.S. housing market, hired Wall Street veteran and Treasury Undersecretary Robert Steel as chief ...

Australian Dollar Rises After Job Growth Exceeds Expectations : The Australian dollar rose after a government report showed jobs rebounded by more than economists predicted in June. The New Zealand dollar gained as the nation's interest-rate advantage ...
10 Jul 2008 10:22

Fannie Mae, Freddie Losses Make Them `Insolvent,' Poole Says : Borrowing at Fannie Mae, the U.S. government-sponsored mortgage company, has never been so expensive and it may not get better any time soon. Fannie Mae paid a record yield relative to Treasuries on the sale of $3 billion in two-year notes yesterday amid concern the biggest provider of financing for U.S. home loans won't have ...
10 Jul 2008 10:22

Pak rupee reaches Rs72.42 against US Dollar in inter bank market : The Pak rupee reached Rs.72.42 against US Dollar in the inter-bank market on Tuesday. According to State Bank officials , the selling rate of Pak Rupee against the greenback was recorded at Rs.70,60 while the purchase rate reached at Rs.72.42. ...
10 Jul 2008 10:14

30 Jun 2008 23:12

India, Resisting Calls for Carbon Cut, Plans Climate `Missions' : India, the world's fourth-largest emitter of carbon dioxide, plans to form eight commissions to promote solar power, energy efficiency and water conservation as it seeks to mitigate ...

Steel magnate Lakshmi Mittal joins Goldman Sachs board : Goldman Sachs Group Inc. said Sunday that billionaire steel magnate Lakshmi Mittal has been elected as an independent director at the world's largest investment bank. Mittal, who is chairman and chief executive of the world's largest steel producer, ArcelorMittal SA, joined Goldman Sachs' 13-member board Saturday and will serve on its audit, compensation and ...
30 Jun 2008 14:33

Nokia Gains After Jabil Circuit Says Demand Grows : Nokia, the world's largest maker of mobile phones, gained the most in almost three months in Helsinki trading after supplier Jabil Circuit Inc. predicted profit that topped analysts' estimates on ...
26 Jun 2008 09:16

25 Jun 2008 13:59

Sirius-XM Merger Approval May Hinge Upon FCC Commissioner Tate : Sirius Satellite Radio Inc.'s bid to buy XM Satellite Radio Holdings Inc. may depend on a regulator who says she sometimes struggles to find a balance between the needs of consumers and ...

New-Home Sales in U.S. Probably Fell in May, Extending Slump : Sales of new houses in the U.S. probably fell in May to the second-lowest level in almost 17 years, signaling the housing slump will keep weighing on the economy, economists said before a ...
25 Jun 2008 13:29

25 Jun 2008 13:15

Lehman President McDade `Flexes Muscles,' Rehires Gelband, Kirk : Lehman Brothers Holdings Inc. President Herbert ``Bart'' McDade began retooling the investment bank less than a month after being appointed, bringing two of his former associates back to ...

Canada's Dollar Gains Most in a Week as U.S. Confidence Falls : Canada's dollar rose the most in a week after a report showed U.S. consumer confidence fell more than forecast in June to the lowest level in more than 16 years. The currency strengthened for a second day as the weakening U.S. economy may reduce pressure on the Federal Reserve to raise borrowing costs later this year. The Conference Board's ...
25 Jun 2008 13:09

20 Jun 2008 11:53

Wolseley Cut by Morgan on Falling Revenue, U.S. Housing Starts : Wolseley Plc, the world's biggest distributor of plumbing and heating equipment, had its shares cut to ``underweight'' at Morgan Stanley on a U.S. housing slowdown and the risk it may ...

20 Jun 2008 11:49

Schwarzman's `Perfectly Timed' IPO Means Long Wait for Holders : When Blackstone Group LP went public last June, Chairman Stephen Schwarzman said earnings might swing from quarter to quarter, so investors should plan to hold on to shares of the ...

Dollar Heads for Weekly Decline on Lower Bets for Rate Increase : The dollar headed for a weekly decline against the euro on speculation the Federal Reserve will hold off from raising interest rates next week to support the U.S. economy. The currency also headed for a weekly loss versus the yen after a contraction in U.S. manufacturing prompted traders to pare bets for a rate increase on June 25. The euro was set for a ...
20 Jun 2008 11:42

20 Jun 2008 11:39

Toronto-Dominion May Buy in U.S. If `Compelling', Clark Says : Toronto-Dominion Bank would consider further U.S. acquisitions or infusing other lenders with capital if the opportunity was right, Chief Executive Officer Edmund Clark said. ``It would have to be pretty compelling strategically to move now,'' Clark told reporters late yesterday after an investor conference in Mount Laurel, New Jersey. ``We're going to be ...

Windsor, Oshawa Lose Auto Jobs as U.S. Slump Spreads to Canada : Charlie Sun bought Kilroy'z Pub in Windsor, Ontario, three years ago, counting on 1,900 thirsty workers at the General Motors Corp. transmission plant across the street to secure his ...
20 Jun 2008 11:32

12 Jun 2008 13:33

Corn Climbs to Record on U.S. Floods; Soybeans at 3-Month High : Corn advanced to a record for a sixth day on speculation the U.S., the world's biggest producer and exporter, may reduce its crop forecast, straining global food supplies and stoking ...

U.S. Retail Sales Probably Rose in May on Rebates, Fuel Prices : Sales at U.S. retailers probably rose in May as Americans started spending their tax-rebate checks, and record gasoline prices inflated receipts at service stations, economists said before ...
12 Jun 2008 13:29

12 Jun 2008 13:28

Canada Dollar Slump May Slow With Inflation Focus (Update1) : The slumping Canadian dollar may get a reprieve as the Bank of Canada shifts focus from economic growth to fighting inflation. The currency rose against its U.S. counterpart yesterday for the first time in eight days, snapping the longest slide since 2005, and rallied versus the euro and yen after central bank ...

04 Jun 2008 10:12

Bernanke Throws Fed's Weight Behind Paulson's Dollar Policy : Federal Reserve Chairman Ben S. Bernanke threw the weight of the central bank behind Treasury Secretary Henry Paulson's efforts to strengthen the dollar after its 10 percent drop over the ...

Cuomo Closes In on Settlement With Moody's, S&P, People Say : New York Attorney General Andrew Cuomo is nearing an agreement with Moody's Investors Service, Standard & Poor's and Fitch Ratings to end his investigation of the credit-rating firms' role in ...
04 Jun 2008 10:03

Tiffany Profit Exceeds Estimates on Overseas Sales (Update3) : Tiffany & Co., the world's second- largest luxury-jewelry retailer, said first-quarter profit rose 19 percent and forecast full-year earnings that may beat analysts' estimates on a surge in ...
30 May 2008 19:23

United Seeks Continental Ties, Ends US Airways Talks (Update1) : UAL Corp.'s United Airlines is pursuing an alliance with Continental Airlines Inc. after concluding that merging with US Airways Group Inc. wouldn't yield enough labor savings, people ...
30 May 2008 19:10

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18 Jul 2008

Mattel to Seek Damages From MGA After Bratz Verdict (Update1)

Amazon Plans an Online Store for Movies and TV Shows
18 Jul 2008

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