Autonomy Shares Soar on HP Takeover
Autonomy's founder and chief executive Mike Lynch, who owns an 8.2 percent stake in the company, could walk away with £582-million ($960-million).
Taliban Suicide Gunmen Attack British Council Compound in Kabul, Killing 9
The assailants reportedly used a car bomb to demolish the compound wall and then forced their way in.
Verizon Strike 2011: Stock Rising Despite Work Stoppage
Verizon provides a very high annual dividend yield -- on the order of 5.6 percent.
Verizon Strike 2011: Why Has the Company's Stock Been Rising?
From the first trading day after the strike was announced, Aug. 8, through the close of business on Aug. 17, Verizon shares rose 7.52 percent.
10-Year Treasury Yields Hit 60-year Lows
We must not lose sight that Treasury yields have been artificially lowered by the massive buying program of the Federal Reserve associated with QE2.
HP to Buy Autonomy; Spin Off PC Unit, Stock Dropping
HPQ shares are down about 6.1 percent as of 3:15 p.m. (New York time).
Verizon Strike 2011: Workers in Queens, N.Y. Fight for Jobs
Verizon reportedly wants to outsource the jobs from the Forest Hills site to places like Florida and Texas which have lower cost of living and laxer labor laws.
HP's Search for ‘Clouds’ Leads to Autonomy
HPQ’s chief executive Leo Apotheker has already said he wants to grow the company’s presence in so-called “cloud computing” while shedding lower-margin businesses like PCs.
Stock Market Plunges: Five Reasons Why
Here are five of the most important reasons that are pressuring U.S. stocks on Thursday.
While Seeking Fare Hikes, Port Authority Workers Rake in Overtime
Overtime flows like water at the Port Authority, and management has no clear strategy to achieve its own benchmarks and goals for curbing costs, state Comptroller Thomas DiNapoli said.
Verizon Strike Update: More Acts of Vandalism Reported in Virginia
In one case, the acts disrupted Verizon?s local FIOS service.
Obama to Call for Assad?s Resignation: Report
Assad has used tanks and ground troops to seize control of parts of Syria where anti-regime activity has been concentrated.
Verizon Strike Update: Union Claims Replacement Workers Untrained, Unqualified
The majority of these replacements have no telecommunications training and someone is going to get hurt bad unless Verizon settles this.?
Verizon Strike Update: Workers Plan to Rally Outside CEO McAdams? NJ Home
Last week, Verizon strikers also demonstrated in the front of the home of the company?s chairman, Ivan Seiderberg, in West Nyack, N.Y.
Verizon Strike Update: Union Protests NYC Schools Contract With Telecom Giant
Hundreds of protesters jeered panel members inside the school auditorium.
Verizon Strike 2011: The Management?s Perspective
?Health care costs continue to rise,? the company stated.
Verizon Strike Update: The Company Makes Its Case
The company has laid out its reasons for asking concessions from its aggrieved workforce.
Anna Hazare: One-Sixth of India?s GDP Lost to Corruption
74 percent of Indians think corruption has increased in last three years
Donald Trump Likes Perry, Romney Not So Much
However, he is impressed by the latest entrant, Texas governor Rick Perry.
Actor Burt Reynolds Facing Eviction from Florida Home
Television and film actor Burt Reynolds is in danger of getting evicted from his home in southeast Florida.
Obama Must Address Problems of Black America: Jesse Jackson
?We blacks were the first people embracing Obama, long before the people at expensive fundraisers were supporting him,? he said.
Verizon Strike 2011: Union Decries Threat to Cut Health Care as ?Scare? Tactic
Verizon said it is sending out letters to 45,000 striking employers that if they don?t return to work by then, their health care benefits will expire on August 31.
Rick Perry: Will America Make a Right Turn in 2012?
Perry is a favorite among social conservatives, including the Tea Party
Qantas Airlines Braces for Huge Strike on Plan to Cut 1,000 Jobs, Shift Operations to Asia
The planned layoffs would reportedly include management, pilots, cabin crew and engineers. The company has a total of 35,000 employees.
S&P Turns Thumbs Down on Google-Motorola Marriage
S&P also reduced Google?s 12-month price target to $500 from $700.
UK Men Who Encouraged Rioting on Facebook Get 4 Years in Prison
"These [Facebook] posts caused significant panic and revulsion in local communities as rumors of anticipated violence spread."
Kurdish Militants Kill 7 Turkish Soldiers in Roadside Ambush
Since July, just after general elections in Turkey, Kurdish militants have stepped up their attacks on Turkish military forces.
Spanish Police Arrest Student Who Planned Gas Attack on Anti-Pope Protesters
The suspect?s name was not released by police.
Verizon Strike Update: Company Threatens Workers With Imminent Loss of Health Care Coverage
Strikers will also lose pension benefits, life insurance and other benefits.
Verizon Strike Update: Struggling Landline Business Pressuring Unions
According to Verizon spokesman Lee Gierczynski, the company?s base of landline telephone customers declined from 45 million to about 25 million in just the past five years.