CORRECTED: Cybersquatting cases hit record in 2008
Companies and celebrities ranging from Arsenal football club to actress Scarlett Johansson filed a record number of cybersquatting cases in 2008 to stop others from profiting from their famous names, brands and events, a United Nations agency said on Sunday.
Dell unveils world's thinnest laptop
Dell Inc unveiled its luxury Adamo laptop on Tuesday, calling it the world's thinnest notebook as it seeks to compete in the high-end ultraportable market defined by Apple Inc's MacBook Air.
Stock futures flat to higher; eyes on Alcoa, Fed
U.S. stock index futures pointed to a flat to higher open on Wall Street on Tuesday, after Alcoa slashed its dividend and issued a plan to raise cash, and ahead of the Federal Reserve's two-day policy-setting meeting.
TV ads to add to pressure on Chinalco-Rio deal
Australian politicians turned up the heat against Rio Tinto Ltd/Plc's planned $19.5 billion tie-up with China's Chinalco, with one taking out television ads on Tuesday to push for the deal to be blocked.
India leaders blog, text to plug in to young voters
Video clips on YouTube, updates on Facebook, blogs, and an online voter registration campaign.
Japanese fashion robot to hit Tokyo catwalks
From IT labs to photo grabs, a Japanese humanoid robot will soon be strutting her hard- and soft-ware stuff on the fashion catwalk.
Asia stocks at 1-month high as bank hopes grow
Asian stocks jumped to a one-month high on Tuesday, with banks extending gains on hopes the struggling global financial system is stabilizing, despite reports showing the U.S. economy is deteriorating further.
Goldman offers loans to stretched staff: report
Goldman Sachs Group Inc is offering to lend money to more than 1,000 staff who have been squeezed by the financial crisis, the New York Times said.
General Growth gets some lender consents on waivers
General Growth Properties Inc , the No. 2 U.S. mall owner, said on Monday some of its lenders had agreed give it more time to refinance its debts, pushing off yet again the threat of bankruptcy.
Hearst prints final Seattle PI
The Hearst Corp plans to roll out the final print edition of its ailing Seattle Post-Intelligencer on Tuesday then move it online, ending speculation about the fate of the 146-year-old newspaper as crumbling advertising and the Internet wallop the industry.
Citi, Morgan Stanley look to sidestep bonus caps: report
Anticipating restrictions on bonuses, officials at Citigroup Inc and Morgan Stanley are exploring ways to sidestep tough new federal caps on compensation, the Wall Street Journal said.
Intel says AMD breached patent licensing pact
Intel Corp accused Advanced Micro Devices Inc of breaching the terms of a cross-licensing agreement between the two rival chip makers, a charge that AMD denied on Monday.
Asia stocks at 1-month high as bears squeezed
Asian stocks climbed on Tuesday, with banks extending gains on hopes the struggling global financial system is stabilizing, despite reports showing the U.S. economy is deteriorating further.
Apple Mac U.S. units down 16 pct in February: NPD
U.S. retail sales of Apple Inc's Mac computers fell 16 percent in February on a unit basis, even as low-cost netbooks helped Windows-based PCs sales rise 22 percent, research group NPD said on Monday.
GM bondholders: Our plan best chance for automaker
Advisers to bondholders of General Motors Corp said on Monday they have presented a framework plan to President Barack Obama's autos task force and the ailing No. 1 U.S. automaker that provides the company's best chance for an out-of-court restructuring.
U.S. credit card defaults rise to 20 year-high
U.S. credit card defaults rose in February to their highest level in at least 20 years, with losses particularly severe at American Express Co and Citigroup amid a deepening recession.
PureMatter takes home Twelve Marketing Awards
On March 16 marketing firm PureMatter celebrated the recent achievement of twelve ADDY Awards.
UCBH Holdings, Inc. additional loan loss $40mln
UCBH Holdings, Inc said today it has recorded an additional loan loss about $40 million pre-tax, will allows the company’s fourth quarter net loss to $$82.9 million increase and 2008 full year net loss increase of $76.4 million from $50.1 million as previously reported.
Apple Mac U.S. units down 16 pct in February
U.S. retail sales of Apple Inc's Mac computers fell 16 percent in February on a unit basis, even as low-cost netbooks helped Windows-based PCs sales rise 22 percent, research group NPD said on Monday.
Peoples Bank offices to be consolidated
On March 16 Peoples Bank, National Association (Peoples Bank) a subsidiary of Peoples Bancorp Inc., announced plans to consolidate two banking offices into existing Peoples Bank locations.
U.S. Treasury seen offering systemic risk plan soon
The U.S. Treasury is expected to propose within days the creation of a systemic risk regulator, probably the Federal Reserve, to oversee banking and market problems that could threaten the economy.
U.S. bank stocks soar on optimism but retreat on Amex
U.S. bank stocks, which had their best week on record last week, powered higher amid optimism they can soon return to profitability, only to give back their gains after American Express Co said more credit card customers are missing payments.
Sudan wants aid groups to stop distributing relief
Sudan's president said on Monday he wanted foreign aid groups to stop distributing aid in Sudan within a year, in an escalation in the country's defiant response to an international war crimes warrant against him.
Ensign Group declares quarterly dividend
On March 16, Ensign Group Inc. the parent company of the Ensign group of skilled nursing, rehabilitative care services and assisted living companies, announced today that its Board of Directors has declared a quarterly cash dividend.
Cuomo to subpoena AIG over bonuses, political pressure mounts
New York Attorney General Andrew Cuomo will subpoena American International Group inc for information about employees whom he said were sent bonuses March 13.
Young Global leaders identified for World Economic Forum
On March 16 for the second consecutive year, Heidrick & Struggles International Inc. worked with the World Economic Forum (WEF) to assess the global nominees for the WEF's Young Global Leaders for 2009.
Kenyan mobile services set for significant growth
On March 16 Pyramid research reported that mobile penetration in Kenya's telecom market will grow by 95 percent over the next five years.
Fitch Downgrades Six Flags Ratings
Fitch rating on Monday has downgraded Six Flags Operations Inc, citing Issuer Default Rating (IDR), senior unsecured notes affirmed at 'C/RR6' to “C” from “CC”, and Six Flags Theme Park Inc, secured bank credit facility downgraded to 'CCC/RR2' from 'B-/RR2'.
Bands often scalp tickets: Nine Inch Nails' Reznor
Performers often scalp tickets to their own performances, using TicketsNow.com and StubHub.com as outlets, says Nine Inch Nails founder Trent Reznor in a blog posting.
Oracle and NEC take virtualization crown
Oracle’s said on Monday that its virtualization software racked up the world’s fastest performance on an industry standard benchmark.