Breaking the Rules and Admitting It
Thursday, March 6th, 2008When Société Générale’s moved its $9.7 billion loss from 2008 — when it occurred — to 2007, it created a furor in accounting circles about whether standards can be evenly applied.
author By FLOYD NORRIS, source www.nytimes.com
Southwest Air Faces Big Fine on Plane Inspections
Thursday, March 6th, 2008The F.A.A. plans to seek to fine Southwest Airlines $10.2 million for flying 46 older Boeing jets without conducting required inspections for fatigue on the planes’ fuselages.
author By JEFF BAILEY, source www.nytimes.com
Apple Aims to Put iPhone Into the Workplace
Thursday, March 6th, 2008Apple unveiled new software that reflects its intensifying effort to court business customers and placate third-party developers who want to build iPhone applications but have been locked out.
author By THE ASSOCIATED PRESS, source www.nytimes.com
2 Companies Charged Over Tainted Toothpaste
Thursday, March 6th, 2008Criminal charges have been filed against officials of two California companies that allegedly imported and distributed more than 70,000 tubes of Chinese toothpaste containing a poisonous substance.
author By THE ASSOCIATED PRESS, source www.nytimes.com
Oil Ends Turbulent Day Higher on Dollar
Thursday, March 6th, 2008Crude oil futures rose to another record close Thursday, lifted once more by the dollar’s continuing slide to new lows against the euro.
author By THE ASSOCIATED PRESS, source www.nytimes.com
Stocks Tumble Amid Credit Concerns
Thursday, March 6th, 2008Stocks fell sharply as renewed concerns about the ailing credit market and a spike in home foreclosures intensified the market’s worries about a sagging economy.
author By THE ASSOCIATED PRESS, source www.nytimes.com
Microsoft to value Yahoo deal based on all cash
Thursday, March 6th, 2008The report, citing anonymous sources, says Microsoft is considering changing the way the deal is valued to 100 percent cash. Under its current offer, Microsoft is valuing the deal using a formula t…
author CNet, source feeds.bignewsnetwork.com
CBI warning on post-Rock lessons
Thursday, March 6th, 2008The Northern Rock crisis could hurt the UK’s financial services sector if it leads to any hasty new government regulations, the CBI warns. Its director general Richard Lambert says any “seismic” ch…
author BBC, source feeds.bignewsnetwork.com
Lehman suspends pair of traders
Thursday, March 6th, 2008Two London-based traders at investment bank Lehman Brothers have been suspended on non-fraud-related matters. The bank said it suspended the traders, who work in the European equities division, aft…
author BBC, source feeds.bignewsnetwork.com
Norway’s Bjoerndalen wins World Cup biathlon event
Thursday, March 6th, 2008Ole Einar Bjoerndalen won the men’s 10-kilometre biathlon race Thursday to secure the overall World Cup sprint title in Khanty-Mansiysk, Russia. The five-time Olympic champion shot clean and finished…
author CBC News, source feeds.bignewsnetwork.com
Forward Calendar - U.S. corporate bond new issues
Thursday, March 6th, 2008March 6 (Reuters) - The following are lists of upcoming high-grade and high-yield corporate bond offerings in the United States. The information was gathered from IGM CorporateWatch, and other marke…
author Reuters, source feeds.bignewsnetwork.com
Global warming not cooling travelers’ wanderlust
Thursday, March 6th, 2008BERLIN (Reuters) - Global warming’s threat to the existence of the exotic resorts and beaches tourists crave has not dented holidaymakers’ appetites for pollution-producing, long-haul trips, expert…
author Reuters, source feeds.bignewsnetwork.com
Report notes weakening regional economy
Thursday, March 6th, 2008Economic activity in the Southeast was "subdued" by decreased sales and a deteriorating housing market in January and early February, according to the Federal Reserve's Beige Book report…
author The Business Journal, source feeds.bignewsnetwork.com
Merchants Association to host small business events
Thursday, March 6th, 2008The Greensboro Merchants Association (GMA) is planning two networking and education events for small business leaders. "Land Your Lucky Lead," after-work networking, will take place from 5…
author Business Journal, source feeds.bignewsnetwork.com
ITC gets award for retail business
Thursday, March 6th, 2008KOLKATA: ITC has been awarded the ‘Best Managed Company-Retail and Consumer Products’ this year in recognition of its initiatives in the consumer products segment. The award was presented …
author The Hindu, source feeds.bignewsnetwork.com
MGM Grand at Foxwoods bets on convention business
Thursday, March 6th, 2008CONNECTICUT “- As reported by the Hartford Courant: “The MGM Grand at Foxwoods markets itself as a place that would easily fit in on the Las Vegas strip. ” But it isn’t just the Vegas glitz the c…
author Rolling Good Times, source feeds.bignewsnetwork.com
Provident Energy Announces March Cash Distribution and Releases 2007 Canadian Tax Reporting Information
Thursday, March 6th, 2008CALGARY, ALBERTA, Mar 06, 2008 (MARKET WIRE via COMTEX News Network) — All values are in Canadian dollars Provident Energy Trust (Provident) (TSX: PVE.UN) (NYSE: PVX) today announced its March cash d…
author Stockhouse, source feeds.bignewsnetwork.com
FM advises stockbrokers to corporatise business
Thursday, March 6th, 2008NEW DELHI: Finance Minister P. Chidambaram on Thursday advised stockbrokers to corporatise their business if they wanted to compete with global players in capital markets at home and abroad. Addressi…
author The Hindu, source feeds.bignewsnetwork.com
IMF Urges Country to Improve Business Climate
Thursday, March 6th, 2008Although foreign direct investment (FDI) inflows into Tanzania are growing steadily, the International Monetary Fund (IMF) says the country business environment is comparatively bad.
author All Africa, source feeds.bignewsnetwork.com
The iPhone made easy for business customers
Thursday, March 6th, 2008Apple has finally granted the wish of business users who have craved the coolness of the iPhone but couldn’t live without their push work e-mail.
author CNet, source feeds.bignewsnetwork.com