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US Federal Court Grants Telenor Motion, Holds Altimo in Contempt, Imposes Fin...
OSLO, NORWAY -- (MARKET WIRE) -- 11/20/08 -- (Fornebu, Norway; Kyiv, Ukraine; and New York, New York - 20 November 2008) The US Federal Court for the Southern District of New York on 19 November granted Telenor's motion requesting that Alfa Group
Union wants 5.4% wage increase for Swisscom employees
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3 Italia denies plan to split assets between rivals
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Sun Cellular and SmarTone-Vodafone celebrate with Overseas Pinoys in Hong Kong
A sculptor from the urban community of Agdao became the toast of the evening of November 10 when he presented his masterpieces for public viewing at the Museo Dabawenyo in Pichon Street, Davao City. Rey M. Fuentes of YCF, Fatima Village, Brgy. San
Sun Tan City Uses RoninCast Digital Signage by Wireless Ronin to Advertise St...
MINNEAPOLIS, Nov. 20, 2008 (GLOBE NEWSWIRE) -- Wireless Ronin Technologies, Inc. (NasdaqGM:RNIN - News), a Minneapolis-based worldwide digital signage provider, announced today that Kentucky-based Sun Tan City has completed the implementation of
Cortado and DataViz Offer New Bundle of Applications for BlackBerry Smartphon...
DENVER, Nov. 20 /PRNewswire/ -- Cortado, the global leader in mobile applications, and DataViz, an industry leader in developing and marketing Microsoft Office compatibility and productivity solutions, today announced their new aftermarket software
O2 Wireless Inks Deal with Best Buy
ENGLEWOOD CLIFFS, N.J., Nov. 20 /PRNewswire/ -- O2 Wireless, a nationwide provider of prepaid cellular service that features highly competitive rates and FREE International long distance to 50+ countries, has inked a deal with Best Buy, to offer the NEW
Hallmark Channel and Comcast, Minneapolis Make $8,000 Donation to AchieveMpls...
MINNEAPOLIS, Nov. 20 /PRNewswire-USNewswire/ -- Hallmark Channel and Comcast, Minneapolis are pleased to announce that they have partnered to award a local educational grant in the amount of $8,000 to AchieveMpls located in Minneapolis, MN. Earlier this
Six Multi Solutions launches ATM top-up service
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German mobile discounters to reach 30% market share in 2012
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Fonic plans more online sales activities for 2009
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AT&T Includes Guitar Hero With 'Net, U-Verse Sign-Up
AT&T Inc. (T) has begun offering the Guitar Hero World Tour Complete Guitar game to those who sign up for certain high-speed Internet or U-verse TV plans. The offer includes the Guitar Hero World Tour console game and a new guitar controller. The game
is this a good phone to have
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AT&T Completes Integration of Network Disaster Recovery Organization
BEDMINSTER, N.J., Nov. 20 /PRNewswire-FirstCall/ -- AT&T Inc. (T) today announced the completion of a yearlong initiative to consolidate its industry-leading Network Disaster Recovery (NDR) capabilities. As a result, the company can now bring unmatched
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GMAC files for bank holding status
GMAC Financial Services has applied to become a bank holding company, which would allow General Motors' financing arm to be eligible for aid under the government's $700 billion bank rescue plan.
Bailout with a price: Chapter 11 bankruptcy
Mention a corporate bailout in the nation's capital these days and chances are someone will offer a harsh condition to go along with it. Chapter 11 bankruptcy.
Lately, the term 'prepackaged bankruptcy' has been gaining currency in the halls of Congress as lawmakers struggle with pleas for help from the auto industry.
The idea, embraced by some Democrats and Republicans, would extend taxpayer help in exchange for a company undergoing an accelerated Chapter 11 reorganization. The arrangement could represent a model, or a deterrent, for any other strapped companies considering seeking government help.
Review: BlackBerry Storm
Research In Motion has finally been caught in the whirlwind mobile phone fad of the day and conjured up a Storm of its own to combat the headwinds.
GM, Chrysler scale back glitz at LA auto show
Chrysler and General Motors are still showing off their newest vehicles at the Los Angeles Auto Show, but their displays were noticeably quiet Wednesday while Asian and European companies unveiled new models ...
The Dow fell over 5 percent closing below 8,000 for the first time since Marc...
Stocks plunged to their lowest in five-and-a-half years on Wednesday as investors girded for a lengthy economic downturn and automotive executives predicted a far-reaching calamity without a government ...
Stocks heads to lower open ahead
Wall Street headed for a lower open Wednesday with investors worried about the economic fallout if Detroit's Big Three automakers are unable to persuade lawmakers to give them a $25 billion bailout.
The market will again be glued to testimony given during the session by top executives from General Motors Corp., Ford Motor Co. and Chrysler LLC. They are asking Congress for a massive infusion of cash to prevent millions of layoffs, stave off bankruptcy and stabilize the companies.
Investors are concerned at the repercussions should any of the three automakers collapse, an event that could ripple through an already battered economy. Congressional Democrats have proposed using part of the $700 billion financial bailout package to pump into the ailing auto industry, but Republicans oppose such an approach.
Big shareholder sees opportunity in Circuit City
In this March 27, 2008 file photo, Ricardo Salinas Pliego, Banco Azteca's owner, speaks at the inauguration of a branch of Banco Azteca in Recife, Brazil.
HP shares soar after solid 4Q outlook
Hewlett-Packard Co. offered a fourth-quarter outlook slightly above Wall Street's expectations Tuesday despite the sagging economy, going against the grain even as other technology bellwethers have slashed forecasts and posted weak results in recent weeks.
Its shares climbled more than 13 percent in morning trading.
The Palo Alto, Calif.-based company expects earnings of 84 cents per share and adjusted earnings of $1.03 per share for the three months ended in October. This is slightly better than the $1 per share, excluding items, that analysts polled by Thomson Reuters are expecting.
Big 3 carmakers beg for $25B, warn of catastrophe
Detroit's Big Three automakers pleaded with a reluctant Congress Tuesday for a $25 billion lifeline to save the once-proud titans of U.S. industry, pointedly warning of a national economic catastrophe should ...
Ford to slash Mazda stake to raise cash
Ford Motor Co. is slashing its stake in Japan's Mazda Motor Corp. by nearly two-thirds, joining other struggling U.S. automakers in selling prized assets to stay afloat.
Glass maker Corning lowers its fourth-quarter profit outlook
Shares of Corning Inc. tumbled 17 per cent to a five-year low Tuesday after the specialty glass maker lowered its fourth-quarter sales and profit guidance to reflect slumping demand for glass used in ...
Stock futures fall ahead of automakers' testimony
Wall Street appeared ready to retreat again Tuesday, as stock futures sank amid nervousness about the fate of Detroit's Big Three auto makers.
On Tuesday, executives of General Motors Corp., Ford Motor Co. and Chrysler LLC and the head of the United Auto Workers union will testify at a Senate Banking Committee hearing. The automakers, seeking $25 billion in government aid, have the backing of Democratic congressional leaders, but the Bush administration and Republican lawmakers are against the proposed bailout.
Will Detroit's cash crisis kill the electric car?
Call it an economic and environmental murder mystery in the making: Will a cash-strapped Detroit kill the electric car -- again? Stung by an association with gas-guzzling SUVs and pushed to the brink of failure ...
China Mobile: We're still talking
CNN Money reports that China Mobile Chairman and CEO Wang Jianzhou says that his company is still in talks regarding the iPhone, adding that no timetable has yet been agreed.
Online startup aims to improve patent quality
A new startup company wants to have a say in the high-stakes patent disputes that loom over many industries.
In the drug business, for instance, Pfizer Inc. is suing generics maker Teva Pharmaceutical Industries, accusing it of infringing on a patent covering Pfizer's top-selling cholesterol medicine.
In high-tech, Research In Motion Ltd. is locked in litigation with Motorola Inc. over patents central to wireless devices. And in the video game market, Konami Digital Entertainment, developer of 'Rock Revolution,' is pushing a patent infringement case against Harmonix Music Systems, creator of the game 'Rock Band,' and its corporate parents, MTV Networks and Viacom Inc.
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