CQPolitics.com - Leading voices in both parties sparred Sunday over the state of the economy and the role that Bush tax cuts should play in the recovery.
AP - Investigators looking into what went wrong in the Gulf of Mexico oil spill are a step closer to answers now that a key piece of evidence is secure aboard a ship.
Reuters - The U.S. government is likely to take a loss on General Motors Co in the first offering of the automaker's stock, six people familiar with preparations for the landmark IPO said.
MANSFIELD -- A Pennsylvania couple has asked a judge to dismiss a lawsuit they filed last month against Kyle and Joyce Schonauer, of Lexington. The civil suit claims the Schonauers laundered profits from a jointly owned used car business for their personal use.
PC World - Apple CEO Steve Jobs unveiled an updated line of iPods this week, including the updated iPod Touch 4 which is essentially an iPhone 4 without the phone function. The range of gadgets available from Apple offer a degree of consistency that gives it a tactical advantage over competing smartphones and tablets.
AP - East Asia is the world's electronics factory, yet unless they are Japanese, producers are largely anonymous. Now HTC Corp., a Taiwanese maker of smart phones, is moving out of the shadows and trying to establish its own brand name as it competes with Apple's iPhone.
AP - Craigslist appears to have surrendered in a legal fight over erotic ads posted on its website, shutting down its adult services section Saturday and replacing it with a black bar that simply says "censored."
AFP - Japan's top minicar maker Suzuki Motor Corp. is to build a new auto assembly plant near the Indian capital New Delhi in a bid to meet growing demand in the country, a newspaper reported on Sunday.
AFP - South Korean telecom operator KT Corp said on Sunday it planned to begin selling Apple's iPhone 4 this week amid growing competition to expand in the potentially lucrative smartphone market.
Reuters - The world economy is recovering moderately but still faces challenges such as the need for medium-term fiscal consolidation, the IMF's First Managing Director, John Lipsky, said on Sunday.
Mashable - Apple makes computers, tablets, phones, portable media players, TV set-top-boxes, displays and a dozen other things, but to date, it hasn't made a wristwatch. Oh, wait, actually, it has! It's called "the new iPod nano."
Reuters - Venezuelan President Hugo Chavez has approved a $690 million payment to French retailer Casino and other owners of a supermarket chain nationalized earlier this year, state media said on Saturday.
The sale of the My Home Wholesale building to the City of Kirkland was made official last week for the cost of $10.5 million. The city plans to use the real estate for a new public-safety building to keep up with the demands of annexation.
Reuters - Chinese officials have ordered state companies to meet investment bankers to explore ways to block BHP Billiton's $39 billion bid for Potash Corp, a source with direct knowledge of the matter said.
AP - Google Inc.'s methods for recommending websites are being reviewed by Texas' attorney general in an investigation spurred by complaints that the company has abused its power as the Internet's dominant search engine.
Reuters - Hipster brand American Apparel Inc is in talks to bring in an outside restructuring firm as the manufacturer and retailer struggles to fix its flagging operations, sources told Reuters on Friday.
KUCHING: The Ministry of Domestic Trade, Cooperatives and Consumerism yesterday announced the maximum wholesale and market prices of 18 controlled items. This is to be enforced under the Hari Raya Puasa Price Control Scheme 2010 or Skim Kawalan Harga Musim Perayaan Hari Raya Puasa (SKHMP HRP) 2010. Its director Wan Ahmad Uzir Wan Sulaiman told a press [...]
PC World - The market for enterprise disk storage systems grew strongly in the second quarter, continuing to recover from a slump brought on by the economic slowdown of 2008 and 2009, research company IDC said on Friday.
Reuters - U.S. employment fell for a third straight month in August, but the drop was far less than expected and private hiring was a positive surprise, relieving concerns about a stalling economic recovery.
Investor's Business Daily - The search giant is in talks with music labels on plans for a download store and a digital song locker that would let its mobile phone users play songs wherever they are. Google (NMS:GOOG) hopes to launch the service by Christmas, according to sources. Google is trying to compete with Apple, which dominates via its iTunes Music Stores, accounting for 70% of all U.S. digital music sales. It rose 1.5% to 470.30.
PC World - More people browsed the Internet last month with a device running Apple's mobile operating system, iOS, than used Linux to do so. That's a first for Apple, according to NetMarketShare, a firm that produces metrics on the market share of browsers, operating systems and search engines.
AFP - Brazil's Petrobras unveiled one of the world's biggest share offerings Friday, a sale of up to 64 billion dollars in new stock to finance oil exploration aimed at turning Brazil into a leading oil exporter of the 21st century.
NewsFactor - Google's Chrome browser is now two years old, and the youngster -- and its proud parent -- are celebrating its steady rise in popularity. According to Net Applications, Chrome had 7.5 percent of the browser market in August -- putting it in third place behind Microsoft's Internet Explorer and Mozilla's Firefox, and above Apple's Safari.
AP - Summer is rarely a hot sales season for Campbell Soup Co., and this year's sweltering June and July made that even more true, but the company said Friday that cost-cutting and strong drink sales helped its net income climb.
Reuters - Wall Street closed a stellar week on Friday after recent economic data, including a stronger-than-expected labor market report, bolstered optimism that the economy would not fall back into recession.
AP - Private mortgage insurer Mortgage Guaranty Insurance Corp. said Friday it added $1.2 billion in new primary insurance coverage in August and the number of delinquent loans it insures declined.
AFP - The IMF and the UN labour agency are urging advanced economies not to cut government spending before 2011, warning that a move to tighten fiscal policies could hurt the global recovery.
Appolicious - The free WordPress for Android app was upgraded thanks to feedback from faithful users. Updates include fixes to numerous, annoying bugs like unexpected app crashes, log-in issues and more.Most notable in the recent upgrade is a new comment feature, which displays comments in real time as comments arrive in your Droid notification bar.
AP - The new iPhone application mTrip is a travel guide and then some: It uses the latest in smart phone technology to make it easier to stay on track in a foreign locale.
BusinessWeek - Goldman Sachs may not have a lot of friends in the White House these days, but one of its former employees has made a good impression. After three years as an analyst in Goldman's fixed-income, currencies, and commodities division, Monique Pean began her own jewelry line that can now be found in Barneys, Jeffrey New York, and around the neck of Michelle Obama.
Goodman Wholesale Industrial Fund plans to sell A$250 million of notes backed by commercial mortgages, according to an e-mailed statement from Standard & Poor’s today.
BJ's Wholesale Club Inc., with seven Connecticut stores, said Thursday that sales at its warehouse clubs open at least a year rose just 2.4 percent as more customers came to its stores but spent less, The Associated Press reports.
Target Corp. and BJ's Wholesale Club Inc., operators of wholesale clubs and off-price retail shops, Thursday reported a higher comparable store sales and net sales for the month of August. Target said that sales in back-to-school and back-to-college categories, as well as in apparel and food drove the growth. For BJ's Wholesale, increased store traffic, along with sales of gasoline and food ...
BJ's Wholesale Club Inc. said Thursday that sales at its warehouse clubs open at least a year rose just 2.4 percent as more customers came to its stores but spent less. The results came in shy of the 3.3 percent increase that analysts were expecting.
AP - The Securities and Exchange Commission is looking into certain types of stock trade orders that could be distorting share prices and trading volume, according to The Wall Street Journal.
ISSAQUAH, Wash. - Costco Wholesale Corp. said Thursday that revenue at stores open at least a year increased seven per cent in August, buoyed by higher gas prices and improved international revenue.
Ben Patterson - Fighting the urge to check your work e-mail while you’re on holiday doesn’t exactly qualify as the worst problem in the world; after all, it’s pretty nice to have a job at all in this tough economy, right? Then again, the pressure to hang onto a job seems to be driving more and more connected workers to stay plugged in even while they’re trying to tune out.
Ben Patterson - Feel the need to "check in" on Foursquare or Facebook every time you saunter into a restaurant, browse the goods at your neighborhood grocery store, or cram into a rock concert? Well, if you, you’re still in the minority — and you’re also probably a guy below 40 — according to the latest research.