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Archive for March 14th, 2008

UPDATE 1-Bush says optimistic economy will regain strength

Friday, March 14th, 2008

NEW YORK, March 14 (Reuters) - President George W. Bush, on a drive to bolster faith in the U.S. economy amid fears of a recession, said on Friday the economy was resilient and would regain its str…

author Reuters, source feeds.bignewsnetwork.com

Global junk bond default rate rises in February-S&P

Friday, March 14th, 2008

NEW YORK, March 14 (Reuters) - The global junk bond default rate rose to 1.02 percent in February, a six-month high, from 0.94 percent in January, Standard & Poor’s said on Friday.

author Reuters, source feeds.bignewsnetwork.com

Ligety joins in US domination at World Cup skiing finals

Friday, March 14th, 2008

BORMIO, Italy (AFP) - American Ted Ligety joined in the celebrations of compatriots Bode Miller and Lindsey Vonn by claiming his very own World Cup title here on Friday.

author Yahoo! News, source feeds.bignewsnetwork.com

Mexico stocks, peso drop on US economy worries

Friday, March 14th, 2008

MEXICO CITY, March 14 (Reuters) - Mexican stocks extended hefty losses on Friday and the peso weakened as an emergency funding plan for cash-strapped U.S. investment bank Bear Stearns tripped up gl…

author Reuters, source feeds.bignewsnetwork.com

What makes the most valuable tech companies so valuable

Friday, March 14th, 2008

I used market cap to determine the 10 most valuable technology companies. I stuck with electronics. If I hadn’t, then Genentech would have replaced Qualcomm in the 10th spot. And since AT&T and ot…

author CNet, source feeds.bignewsnetwork.com

Tax dodgers to get final warning

Friday, March 14th, 2008

Final warnings are going to be sent to about 5,000 suspected offshore tax dodgers by the HM Revenue and Customs. The letters are part of the Revenue’s continuing campaign to get people to pay tax o…

author BBC, source feeds.bignewsnetwork.com

Gold hits yet another record high

Friday, March 14th, 2008

Gold has touched a fresh record high of $1,007.10 an ounce as deepening financial market troubles increase its appeal as a haven investment. The latest increase in the price of the precious metal c…

author BBC, source feeds.bignewsnetwork.com

Thin-film outfit Global Solar touts efficiency, seeks expansion funds

Friday, March 14th, 2008

The race is on to make most the cost-effective solar panel, and little-known Global Solar Energy says its flexible, thin-film cells have got the lead. Company president and CEO Mike Gering told inv…

author CNet, source feeds.bignewsnetwork.com

EU leaders commit to agreeing climate change package by year end

Friday, March 14th, 2008

they also voiced concerns over cooling economic prospects, amid record oil prices, euro levels and inflation. On the energy-climate front, the 27 heads of state and government "committed ourse…

author Yahoo! News, source feeds.bignewsnetwork.com

Chehalis umpire invited to Little League World Series

Friday, March 14th, 2008

Chehalis lawyer Joe Mano (man-oh) has been umpiring Little League baseball games in Lewis County for 25 years. Now he has been invited to be one of the umpires this August at the Little League World …

author The Seattle Times, source feeds.bignewsnetwork.com

Travel bans strike the heart of Lebanon’s economy

Friday, March 14th, 2008

The hotel business has been particularly affected, according to head of the Lebanese Hotel Syndicate Pierre Ashkar. ‘The ban issued by some Arab countries to their citizens on visiting Lebanon due to…

author Ya Libnan, source feeds.bignewsnetwork.com

Fishermen Tell Advisory Council Economy Could Be Put at Risk

Friday, March 14th, 2008

Posted on: Friday, 14 March 2008, 12:00 CDT By Ed Offley, The News Herald, Panama City, Fla. Mar. 14–PANAMA CITY BEACH — A controversial plan to significantly reduce gag grouper fishing in the Gulf…

author RedOrbit, source feeds.bignewsnetwork.com

$4 drug program saved $26.8M in California

Friday, March 14th, 2008

has saved California customers more than $26.8 million, and more than $1 billion nationwide, company officials announced Friday. Nearly 30 percent of the prescriptions are filled by customers withou…

author Business Journal, source feeds.bignewsnetwork.com

Odyssey HealthCare to Present at Lehman Brothers Eleventh Annual Global Healthcare Conference

Friday, March 14th, 2008

Posted on: Friday, 14 March 2008, 15:00 CDT Odyssey HealthCare, Inc. (NASDAQ: ODSY), today announced that it will deliver a presentation at the Lehman Brothers Eleventh Annual Global Healthcare Confe…

author RedOrbit, source feeds.bignewsnetwork.com

Hitachi Swings To Loss On Flat-Panel Business

Friday, March 14th, 2008

revised its full-year earnings forecast, to a 70 billion yen ($697 million) loss, from the original estimate of a 10 billion yen ($99.6 million) net profit.The Japanese manufacturer announced Friday a…

author Forbes, source feeds.bignewsnetwork.com

China tops world league of Internet users

Friday, March 14th, 2008

BEIJING: China has more Internet users than any other country in the world, according to researchers at the Beijing-based analysts BDA. The research group said China had leapfrogged the U.S. to becom…

author The Hindu, source feeds.bignewsnetwork.com

Verizon Breaks With Industry to Improve File Sharing

Friday, March 14th, 2008

Posted on: Friday, 14 March 2008, 12:05 CDT Verizon Communications announced Friday that it is collaborating with researchers at Yale University and several companies that make file sharing software …

author RedOrbit, source feeds.bignewsnetwork.com

Microsoft’s Rapt Acquisition Enhances Ad Offerings

Friday, March 14th, 2008

Microsoft took another stride in its race against Google today with the acquisition of Rapt, a company that helps Web publishers manage their advertising. Rapt produces software that creates a databa…

author ClickZ News, source feeds.bignewsnetwork.com

‘Microsoft, Yahoo discuss merger’

Friday, March 14th, 2008

SAN FRANCISCO: Senior executives from Microsoft Corp and Yahoo Inc met few days back to discuss Microsoft’s takeover bid for the company, according to two people familiar with the matter. This was …

author Times of India, source feeds.bignewsnetwork.com

Citigroup Chief Signals Major Asset Sales

Friday, March 14th, 2008

By Ed Welsch Of DOW JONES NEWSWIRES NEW YORK -(Dow Jones)- Citigroup Inc. (C) Chief Executive Vikram Pandit has begun separating the wheat from the chaff in the New York financial giant’s global empir…

author Smart Money, source feeds.bignewsnetwork.com