COMPANIES

Sudan says halted South Sudan govt oil exports

An oil processing facility
Sudan said on Monday it had halted landlocked South Sudan's oil exports until the two agree on a transit fee, stepping up a row between the two old civil war foes over how to untangle their once-integrated oil industries.
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Greene

Manhattan's 60 Greene Retail Sold for $10.35 Million, 57-63 Greene Close to Deal

A retail space at 60 Greene Street in Manhattan's Soho neighborhood has sold for $10.35 million, according to New York City records, one of two recent deals that cement the street's reputation as a desirable retail strip. Across the street, 57-63 Greene's retail condo is close to a deal, according to David Schechtman of Eastern Consolidated, one of the listing brokers.
Chevy Volt

GM Chevy Volt Fiasco: Are Electric Cars Safe?

At a time when electric cars are beginning to steal the limelight from their gas-eating rivals, a new finding from the National Highway Traffic Safety Administration (NHTSA) over General Motors' (NYSE:GM) electric vehicle, Chevrolet Volt, may likely question the safety of electric cars.
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Nvidia Loses Market Share to AMD in Upgradable GPU Configurations: Analyst

Shares of graphics chip maker Nvidia, Inc. (NASDAQ:NVDA) have outperformed in recent time, following better-than-expected results and guidance, news reports of Graphics Processor Unit (GPU) socket wins in the Macbook and Macbook Pros for 2012 and with still high hopes for Tegra despite lackluster sequential growth in the second half of 2011.
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Wall Street Pay Could Fall 30%: Report

Annual compensation for employees at big Wall Street firms could fall 27-30 percent from a year earlier to the lowest level since the 2008 financial crisis, the Wall Street Journal reported, citing a compensation study conducted by the Options Group.
Moody's sign on 7 World Trade Center tower in New York

EU Sovereign Ratings at Risk, Moody's Warns

Moody's Investors Service warned on Monday the rapid escalation of the euro zone sovereign and banking crisis threatens the credit standing of all European government bond ratings.
AT&T

Four Arrested in Philippines in AT&T Hacking Probe

Four people have been arrested in the Philippines for allegedly hacking into AT&T's phone system in order to funnel money to a Saudi-based terrorist organization, according to the country's Criminal Investigation and Detection Group.
A view shows the AT&T store sign in Broomfield, Colorado

AT&T to offer bigger asset sale to save T-Mobile deal

AT&T Inc is considering an offer to divest a significantly larger portion of assets than it had initially expected, in order to salvage its $39 billion deal to buy T-Mobile USA, Bloomberg reported citing a person familiar with the plan.
Wall Street: Worst Thanksgiving Week Since 1932

Wall Street: Worst Thanksgiving Week Since 1932

There's not much to be thankful for if you were working on Wall Street this week. Stocks tumbled for the seventh session in a row, helping push the Standard & Poor's 500 down 4.7 percent.
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Google+ Ad Takes Aim at Facebook [VIDEO]

Google is taking measures to prop up its fledging social networking initiative, Google+, targeting a mass audience with its first commercial on national television.
Black Friday 2011: Chaos Sweeps Nation on Retailers' Big Day

Black Friday 2011: Chaos Sweeps Nation on Retailers' Big Day

Alongside sales and long lines, some shoppers were greeted with violence as American consumers embarked on what is traditionally the year's largest shopping day. Shoppers pepper-sprayed one another in the battle for bargains, while at least one shopper was shot for her merchandise.
FiOS TV

Verizon to Pay Monthly Royalties for Patent Infringement

Verizon Communications must pay up to $11 million a month in royalties to San Jose-based ActiveVideoNetworks for providing FiOS TV customers with video-on-demand service found to violate patents, a U.S. District Court ruled.

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