Daily Outlook - Dec 4
No Cash for Goldman Bonuses; GM's Video Games Vision; Airlines Seek Tie-up
Goldman likely to pay annual bonus in stock: report
Goldman Sachs Chief Lloyd Blankfein is weighing plans to increase the share of compensation paid out in equity to executives in a bid to quell public anger over the probability of large pay-outs, the Financial Times said. Read Full Article here.
GM sees the driving future: it's a video game
General Motors Co, battling for survival for much of the past year, has cut loose designers to sketch out a vision of the ultimate youth car of the future -- a virtual one-wheeled wonder that would match wits with its driver. Read Full Article here.
ANA, United, Continental eye ties under open skies
Japan's All Nippon Airways <9202.T> said it and fellow StarAlliance members United Airlines and Continental Airlines plan to apply for antitrust immunity to allow closer cooperation on transpacific routes. Read Full Article here.
Friendster to be sold by month's end: source
Friendster, one of the world's earliest social networking sites, will be sold to an Asian buyer by the end of December for at least $100 million, a source familiar with the matter said. Read Full Article here.
U.S. companies celebrating holiday on the cheap
The United States may be emerging from recession but some firms are canceling holiday parties for a second year in a row and others are bragging about having fun on the cheap. Read Full Article here.
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