Thursday, September 23, 2010

America's Richest Techies



Blockbuster to slash debt by $900 million via bankruptcy
Reuters
A store closing sign sits outside a Blockbuster movie rental store recently closed in Superior, Colorado November 19, 2009. BANGALORE (Reuters) - Video rental chain Blockbuster Inc (BLOKA.PK) filed for bankruptcy as part of a pre-arranged deal with ...
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Reuters
Chinese Premier: US-China Common Interests Outweigh Differences
Voice of America
Photo: AP Chinese Premier Wen Jiabao says there are "thousands" of reasons for US-China relations to move forward. Speaking at dinner of American and Chinese businessmen in New York Wednesday, Mr. Wen said he believes all disputes between the two ...
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Jobless Claims in US Increased 12000 to 465000 Last Week
Bloomberg
By Bob Willis - Thu Sep 23 12:30:00 GMT 2010 Applications for US unemployment benefits unexpectedly rose last week, a sign companies remain cautious about hiring as economic growth slows. Initial jobless claims increased by 12000 to 465000 in the week ...
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Similac formula recalled because of beetles
Christian Science Monitor
Similac formula, baby formula produced by Abbott Laboratories, has been recalled due to the possible presence of beetles in the powder. By States News Service / September 23, 2010 Abbott is initiating a proactive, voluntary recall of certain ...
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Christian Science Monitor
US Stock Futures Fall After Jobless Claims; DJIA Down 82
MarketWatch
By David Benoit NEW YORK (MarketWatch) -- US stock futures fell Thursday morning as worse than expected employment data indicated persisting weakness in the job market. The Dow Jones Industrial Average futures dropped 82 points to 10591 while the ...
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America's Richest Techies
Forbes
What slowdown? Consumers are buying up technology goods--and driving up the fortunes of the Forbes 400's tech kings. SAN FRANCISCO -- There are two Americas today. In one, people desperately search for work; the unemployment rate stays stubbornly high ...
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Rite Aid's Loss Widens as Sales Fall
Wall Street Journal
By MATT JARZEMSKY Rite Aid Corp.'s fiscal second-quarter loss widened more than analysts expected as sales fell and a refinancing charge dinged results. The company darkened its outlook for the year, predicting a loss of 46 cents to 67 cents, ...
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McDonald's Raises Quarterly Dividend 11%
Wall Street Journal
By TESS STYNES McDonald's Corp. boosted its quarterly dividend by 11%, continuing a series of increased payouts every year since the fast-food chain's first dividend 34 years ago. The six-cent increase to 61 cents a share will cost the hamburger giant ...
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Euro zone growth slows more than forecast -PMIs
FOXBusiness
By Jonathan Cable LONDON, Sept 23 (Reuters) - Growth rates in the euro zone'sservices and manufacturing sectors slowed more than forecastthis month as firms hired fewer new workers, surveys showed,offering fresh signs the region's economy recovery is ...
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Oil Prices Track Fall in Euro, Stocks
Wall Street Journal
By PADDY GOURLAY LONDON—Crude-oil futures were lower Thursday as a weaker euro and softer European equities compounded the previous day's news of rising US oil inventories. By midday in Europe, the front-month November light, sweet crude contract on ...
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