RSS Feed Alerts
Apple Reports 600,000 Orders for New iPhone (Jun-16, 21:23 EDT )-- Technical flaws on Web sites prevented many preorders of the phones from going through.
Demanding Buyers Hinder the Housing Market (Jun-16, 21:10 EDT )-- Buyers are walking away when sellers refuse last-minute demands, making a drop in sales worse than expected.
BP Sets Aside $20 Billion for Spill Victims and Skips Dividends (Jun-16, 20:56 EDT )-- BP agreed to create a $20 billion escrow account and announced that it would suspend its dividend for the remainder of the year.
In China, a Labor Movement Aided by Modern Technology (Jun-16, 20:55 EDT )-- Workers on strike, who told their story via web, text and video, tapped into a communications web allowing the working class in China to share grievances and strategies.
Executive Accused of Seeking to Defraud TARP (Jun-16, 20:50 EDT )-- The government says Lee Bentley Farkas tried to steal $553 million in federal bailout assistance.
Maker Plays Up Sexual Disorder, With a Pill in Waiting (Jun-16, 20:48 EDT )-- A vast marketing campaign has set off debate over what constitutes a normal range of sexual desire for women.
With Criminal Charges for Oil Spill, Costs to BP Could Soar (Jun-16, 20:41 EDT )-- Estimates show that the civil fine for the escaping oil alone could be $280 million a day, but criminal penalties, if imposed, could cause the costs to balloon still further.
No Charges From S.E.C. for an A.I.G. Executive (Jun-16, 20:20 EDT )-- The S.E.C. will not sue Joseph J. Cassano, the former head of the Financial Products unit, over upbeat statements before the company’s near collapse.
FedEx Reports $419 Million Quarterly Profit (Jun-16, 20:20 EDT )-- The company swung to a fourth-quarter profit and offered a conservative outlook that relied on international sales.
State of the Art: Sprint’s Bold Evo Phone Fades a Bit in the Details (Jun-16, 20:10 EDT )-- The new HTC Evo 4G phone from Sprint looks good, runs Flash videos on the Web and lets you type by speaking. What’s the problem?
Trade Tensions With China Shadow G-20 Meeting (Jun-16, 19:42 EDT )-- President Obama is under pressure from software industry leaders and Congress to take a tough stance against China’s policies.
Spirit Airlines Makes Deal To End Pilots' Strike (Jun-16, 19:15 EDT )-- The union and the airline were still working out the details of when pilots would return to flying. Pilots technically remain on strike until that is done, said Andy Nelson, the vice chairman of the council for the Spirit branch of the Air Line Pilots...
BP’s $20 Billion Deal Helps Steady Market (Jun-16, 19:00 EDT )-- Shares steadied after BP’s agreement to put $20 billion into a fund for victims of the oil spill eased some uncertainty about the company.
Britain Moves to Revamp Financial Regulation (Jun-16, 18:50 EDT )-- The Bank of England will take over financial regulation and two agencies will be created, one for protecting consumers and the other for pursuing financial crimes.
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