Big legal battle between tech rivals
Sept 07 - Hewlett Packard is taking legal action against its former CEO after he accepted a job with rival Oracle. Bobbi Rebell reports.
Categories: Financial Media
Congress Republicans wary of Obama economy plan
WASHINGTON (Reuters) - Republicans in Congress showed little willingness to help President Barack Obama approve $350 billion in measures to boost the economy with midterm elections less than two months away.
Categories: Financial Media
Market falls amid European bank worries
NEW YORK (Reuters) - U.S. stocks fell in very light volume on Tuesday as investors seized on renewed concerns about European banks as a reason to sell shares after strong gains last week.
Categories: Financial Media
The day ahead: September 8, 2010
Sept. 7 - U.S. President Barack Obama presents a new economic plan involving tax cuts and infrastructure spending in a bid to lower unemployment and rejuvenate the recovery.
Categories: Financial Media
Wall Street job outlook dims
Sept. 7 - Reuters Breakingviews columnist Jeffrey Goldfarb says Wall Street may see layoffs despite bankers gaining momentum in deals after a busy August. He also says Mark Hurd may be a good fit for Oracle.
Categories: Financial Media
Sinochem approaches Temasek on Potash bid
TORONTO/SINGAPORE (Reuters) - China's state-owned Sinochem Corp has invited Temasek, the Singapore sovereign wealth fund, to join a consortium that may bid for Canada's Potash Corp , the world's largest fertilizer supplier, sources with knowledge of the matter said on Tuesday.
Categories: Financial Media
Google to start TV service in U.S. this autumn
BERLIN (Reuters) - Google Inc will launch its service to bring the Web to TV screens in the United States this autumn and worldwide next year, its chief executive said, as it extends its reach from the desktop to the living room.
Categories: Financial Media
SEC probes "quote stuffing" practices: Schapiro
NEW YORK (Reuters) - U.S. regulators are probing certain practices around "quote stuffing," where large numbers of rapid-fire stock orders are placed and canceled almost immediately, Securities and Exchange Commission Chairman Mary Schapiro said on Tuesday.
Categories: Financial Media
Final Basel reform goes to oversight body
LONDON (Reuters) - Central bank and regulatory officials agreed tougher new global bank capital rules on Tuesday but will keep investors on tenterhooks about the details until Sunday when formal endorsement is expected.
Categories: Financial Media
Enterprise Products to buy Enterprise GP for $8 billion
BANGALORE (Reuters) - Pipeline operator Enterprise Products Partners LP Tuesday said it will buy holding company Enterprise GP Holdings LP for $8.03 billion, the second such deal in a month, to simplify its corporate structure and reduce capital costs.
Categories: Financial Media
Google reveals TV plans
Sep. 7 - The internet search giant Google is planning to launch its TV service in the U.S. this autumn according to Chief Executive Eric Schmidt.
Categories: Financial Media
EU's Barroso says Europe recovering
Sep. 7 - As European governments look to bring in unpopular spending cuts and tax increases, European Commission President Barroso says Europe's recovery is gathering pace.
Categories: Financial Media
Coke Enterprises raises earnings forecast
CHICAGO (Reuters) - Coca-Cola Enterprises Inc raised its full-year earnings forecast on Tuesday, helped by improving sales trends in North America.
Categories: Financial Media
All change at the top for UK banks Barclays and HSBC
LONDON (Reuters) - Change swept through the top of Britain's banks on Tuesday with Barclays appointing its investment banking supremo Bob Diamond as chief executive and HSBC announcing its chairman is to go into government.
Categories: Financial Media
Google TV launching this fall
SEP 7 - Google is working with content providers and electronics makers as it prepares to launch its free TV service this fall. Bobbi Rebell reports.
Categories: Financial Media
SEC's Schapiro: "Flash crash" report expected by month end
NEW YORK (Reuters) - The top U.S. securities regulator said on Tuesday that the follow-up report on what might have caused the May "flash crash" is expected by the end of September.
Categories: Financial Media
Tax fears may speed bank bonuses
Sept. 7 - Executive search consultant Jeanne Branthover is hearing bankers might get paid bonuses ahead of possible repeal of the Bush tax cuts that would take effect in January.
Categories: Financial Media
Sinochem approaches Temasek on Potash bid: sources
SINGAPORE (Reuters) - China's state-owned chemicals group Sinochem Corp has approached Singapore state investor Temasek to join a consortium that may bid for Canada's Potash Corp , sources with knowledge of the deal said on Tuesday.
Categories: Financial Media
French strike against pension plans
Sep.7 - Travel chaos for millions of French as strikes against government plans to raise the retirement age disrupt public transport and government services.
Joanna Partridge, Reuters
Categories: Financial Media
FDA warns Unilever and Dr Pepper on Green Tea wording
CHICAGO (Reuters) - The Food and Drug Administration has warned beverage makers Dr Pepper Snapple Group Inc and Unilever for making improper statements regarding green tea on product labels and web sites.
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