Thursday, September 30, 2010

The Silver Lining To Ireland's Bailout



The Silver Lining To Ireland's Bailout
Forbes
LONDON -- While most advanced nations have long finished injecting their banks with billions of emergency funding, Ireland still has a whopper of a bailout on its hands. The Irish government confirmed Thursday that it would take a majority stake in the ...
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Dollar Declines Versus Euro as US Jobless Claims Fall, GDP Is Revised Up
Bloomberg
By Allison Bennett - Thu Sep 30 12:46:05 GMT 2010 The dollar declined against the euro and yen as applications for US unemployment benefits unexpectedly fell and the US economy grew at a 1.7 percent annual rate in the second quarter, ...
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Fisher-Price recalls 10 million toys
Los Angeles Times
Toy manufacturer Fisher- Price announced Thursday that it has recalled about 10 millions toys because they are dangerous to children. The toy maker said it has recalled about 2.8 million of several types of baby play areas with inflatable balls because ...
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GDP report: Economic growth slightly faster
CNNMoney
By Annalyn Censky, staff reporterSeptember 30, 2010: 9:12 AM ET NEW YORK (CNNMoney.com) -- The economy grew at a slightly faster pace in the second quarter than previously expected, but the pace of growth is still painfully slow. ...
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Boeing Delays 747-8 Jumbo Jet's Delivery by Another Six Months to Mid-2011
Bloomberg
By Susanna Ray - Thu Sep 30 12:45:21 GMT 2010 Boeing Co. said it won't be able to deliver its new 747-8 until mid-2011, extending a yearlong delay by another six months, and said it will add a fifth jumbo jet to the test fleet to speed up the work. ...
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Hypercom rejects VeriFone bid, adopts poison pill
Reuters
Sept 30 (Reuters) - Credit card machine maker Hypercom Corp (HYC.N) rejected a $337 million hostile bid from bigger rival VeriFone Systems (PAY.N) and adopted a shareholder rights plan to defend against the offer. Hypercom said VeriFone's proposal ...
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China Says US Bill Breaches WTO Rules
Wall Street Journal
By ANDREW BATSON BEIJING—China's government gave a muted response to the US House of Representatives' legislation targeting its currency practices, reflecting Beijing's interest in minimizing a dispute that could threaten the $300 billion in annual ...
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Yahoo Media Chief Jimmy Pitaro Disputes Censorship Claims
The Business Insider
Yahoo News took a hit last week when it lost star investigative writer John Cook, who's going back to work for Gawker, and an even bigger hit when Cook said he was leaving the company because it muzzled his reporting. ...
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