YouTube to block music videos for UK users
Google Inc's online video site, YouTube, said on Monday it will block all music videos to British users after it was unable to reach a rights deal with the main songwriters' collection society.
Google Continuing to Push Clean Energy Plan
Google Inc. has confirmed its plan to push the clean energy plan and predicts less Emissions by 2030. The plan promotes energy efficiency and a massive renewable-energy.
Autos task force sees GM, Chrysler on home turf
Members of the Obama administration's autos task force toured General Motors Corp and Chrysler facilities in the Detroit area on Monday, checking new technology and meeting with company executives.
Microsoft declares quarterly dividend, adds new board member
On March 9, Microsoft Corporation declared a quarterly dividend of $0.13 and also announced a a new addition to its board members.
Citi spends $3.5M to reward Smith Barney brokers
Citigroup Inc. spent about $3.5 million to provide rewards for top-performing advisers at its Smith Barney brokerage unit, funded by operating revenue to achieves a nearly 80 percent cost saving.
Motorola's indoor, outdoor MC55 making difference
On March 9, 2009, Motorola introduced the MC55 EDA stands for Enterprise Digital Assistant, a highly durable, yet small smart phone, which has the ability to survive even when it drops, which will be displayed during next week's IWCE show in Las Vegas.
Cuomo, Frank demand BofA/Merrill bonus information
New York state's top legal officer and U.S. Rep. Barney Frank demanded on Monday that Bank of America Corp provide more details on $6.9 billion in bonuses paid in 2008, including $3.6 billion at the former Merrill Lynch & Co.
Report: IBM CEO estimated earnings at $21 Mln in 2008
IBM Corp.'s chairman and chief executive, Sam Palmisano, received a compensation package that is calculated to be worth nearly $21 million in 2008, slightly higher than the year before, according to reports.
TAM dominates the market with a 85.1 percent market share
On March 9, the Brazilian National Civil Aviation Agency (ANAC) announced the operating data of TAM for February 2009.
Tyson gets $1B credit line, closes notes offering
Tyson Foods Inc, the world’s largest meat producer and marketer, said Monday, it has entered $1 billion new secured credit facility with JPMorgan as administrative agent and has closed its previously announced offering of $810 million.
Seagate demo high-speed Serial ATA
Today, at the Everything Channel Xchange Conference in New Orleans, Seagate teaming with Advanced Micro Devices (AMD), demonstrated a new interface that could one day make hard-disk speeds run even faster.
AMD launch amazing power efficiency graphic accelerator
AMD introduced the new ATI FirePro 2450, a low profile quad display graphics accelerator that consumes minimal power of less than 18 watts delivering exceptional power efficiency.
Wall St. slips as drug M&A overshadows banks
U.S. stocks fell in choppy trade and the Nasdaq slid to a fresh 6 and 1/2-year low on Monday as shares of the biggest drugmakers fell after Merck's proposed a $41 billion takeover of Schering-Plough .
Wal-Mart, Michaels swap executives
Wal-Mart Stores Inc said on Monday it hired former Michaels Stores Inc Chief Executive Brian Cornell as the president and CEO of its Sam's Club warehouse business, effective April 3.
Wall St slips as drug M&A overshadows banks
U.S. stocks fell in choppy trade and the Nasdaq slid to a fresh 6 and 1/2-year low on Monday as shares of the biggest drugmakers fell after Merck's proposed a $41 billion takeover of Schering-Plough .
Dalai Lama to demand Tibet autonomy, mourn past
The Dalai Lama is set to mark his 50 years in exile on Tuesday by demanding meaningful autonomy for his Tibetan homeland and saying that Chinese rule there has at times been hell on earth.
Buffett sees 'better than ever' Wells Fargo post-crisis
Shares of Wells Fargo rose 15.8 percent on Monday after billionaire investor Warren Buffett made positive comments about the California-based bank.
Barclays to buy Bear Wagner unit from JPMorgan
Barclays agreed on Monday to acquire the Bear Wagner Specialists LLC operations from JPMorgan Chase & Co, a move that will leave the New York Stock Exchange with five designated market makers.
GE to Sell Debt under FDIC Program
GE Capital said Monday it would sell $8 billion in bonds through the Federal Deposit Insurance Corporation's Temporary Liquidity Guarantee Program, which allows companies to issue debt with the backing of the U.S. government, a company spokesman said Monday.
Wall St. slips as drug takeover news eclipses banks
U.S. stocks fell in choppy trade and the Nasdaq slid to a fresh 6 and 1/2-year low on Monday as shares of the biggest drugmakers fell after Merck's proposed a $41 billion takeover of Schering-Plough .
Wall St. slips; drug deal news eclipses banks
U.S. stocks fell in choppy trade and the Nasdaq slid to a fresh 6 and 1/2-year low on Monday as shares of the biggest drugmakers fell after Merck's proposed a $41 billion takeover of Schering-Plough .
BofA turns to gov’t to sell $8.5 billion in debt: report
Taking advantage of a government program approved last year designed to provide liquidity to financial institutions during the credit crisis, Bank of America Corp. has sold $8.5 billion of debt backed by the Federal Deposit Insurance Corp., according to a report.
Wall St. slips as drug deal news eclipses bank gains
U.S. stocks fell in choppy trade and the Nasdaq slid to a fresh 6 and 1/2-year low on Monday as shares of the biggest drugmakers fell after Merck's proposed a $41 billion takeover of Schering-Plough .
Oil jumps 3 percent on U.S.-China tensions, OPEC
Oil jumped more than 3 percent to $47 a barrel on Monday as a naval incident between the United States and China, the world's top oil consumers, boosted geopolitical tensions and as dealers pondered the possibility of deeper production cuts by OPEC.
Global bank heads to meet in London
Top executives of leading U.S., Japanese and European banks will meet in London this month to discuss regulation and other issues key to the future of the financial system, two industry sources said.
Pepsi's Quaker Oats to refocus brand on health benefits
NEW YORK - Quaker Oats is launching a new marketing campaign that for the first time includes all its products under one message that emphasizes the health benefits of its main ingredient -- whole grain oats.
Roche, Genentech in talks on $47 billion deal
Roche Holding AG is in talks to buy the shares of Genentech Inc it does not already own for about $95 each, a source familiar with the situation said on Monday.
Serbia, Italy pledge closer ties in energy sector
Serbia and Italy signed a deal on joint investment on Monday in power production and transmission facilities, pledging to work closely on gas and oil pipeline projects.
Roche, Genentech in talks for $95/shr deal
Roche Holding AG is in talks to buy the shares of Genentech Inc it does not already own for about $95 each, a source familiar with the situation said on Monday.
Cisco to unveil data center strategy next Monday
Cisco Systems Inc said it will unveil next week a new strategy to help customers build more efficient data centers, amid expectations for the network equipment maker to announce it will start selling servers.