Apple disappoints at Macworld
Reuters (UK) - 6-1-2009
Apple shares slid 0.7 percent, lagging by far the Nasdaq's .IXIC 1.7 percent gain, reflecting frustration over the lack of news from the trade conference that had previously introduced the iPhone to the world. There were some innovative products, but no true blockbusters," said Robert Francello ...
Apple disappoints--no Jobs or big news at Macworld- Reuters (USA) |
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Factory Orders Slide For Record 4th Straight Month
cbs2chicago.com - 6-1-2009
Credit Crunch & Financial Failures View Market Summaries & Leading Stock Changes Orders to factories fell for a record fourth straight month in November, and analysts believe manufacturing will continue to suffer in coming months as the country slogs through a recession entering its second year ... |
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Madoff 'mailed heirlooms to relatives' after his arrest
The Independent (UK) - 6-1-2009
Last night, however, he remained free and under house arrest at his $7m penthouse apartment on Manhattan's exclusive Upper East Side, with legal wrangling set to continue before a final ruling on whether he must go straight to prison. His attorney, Ira Sorkin, said that the items posted by Mr ... |
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The rise and fall of Wedgwood
The Independent (UK) - 6-1-2009
Furthermore, customers had started to baulk at its prices during the credit crunch, although the company's fate was not helped by its products falling out of fashion and formal dining largely becoming a thing of the past. Although the administrators have already received expressions of interest in ...
Wedgwood china falls victim to credit crisis- The Independent (UK) |
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Citing gifts, prosecutors seek to revoke Madoff's bail
International Herald Tribune (UK) - 6-1-2009
District Court in Manhattan. Ellis ordered both sides to submit legal briefs on the matter by Wednesday. The U.S. attorney, Marc Litt, asked for revocation of Madoff's bail, arguing that the gifts had violated conditions that barred him from disposing of any assets. The newly aggressive stance by ...
The rules that Madoff's investors ignored- International Herald Tribune (UK)
Capitalism is not dead, leading Catholic businessmen tell cardinal- Telegraph.co.uk (UK) |
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Asia stocks edge up for 7th day
Reuters (USA) - 6-1-2009
Low interest rates around the world and massive government economic stimulus plans have revived some investors' willingness to take on risk again after one of the worst years on record for equities in 2008. Long-dated U.S. Treasuries were under pressure after the 30-year yield surged overnight ...
Toyota to cut auto production- International Herald Tribune (UK)
Asia shares edge up for 7th day- International Herald Tribune (UK)
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Fry faces tough task at troubled Johnston Press
The Independent (UK) - 6-1-2009
Mr Fry, who joins from the Norwich-based regional newspaper company Archant, has worked at the information management company Dun & Bradstreet and at the business consultancy Bain & Company. Prior to that, he graduated from the prestigious French business school Insead as top student in his year ...
EU mobilises over gas supply crunch as Ukraine accuses Russia of "manipulation"- The Independent (UK) |
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German tycoon Adolf Merckle commits suicide
Reuters (UK) - 6-1-2009
State prosecutors from the southern city of Ulm said Merckle, 74, left work on Monday and died after being hit by a train near the town of Blaubeuren. He left behind a suicide note to his family, they added. There was no sign of anyone else being involved, they said. In 2008 Merckle was ranked as ... |
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Bank of America CEO Lewis to skip '08 bonus: reports
Reuters (USA) - 6-1-2009
Lewis is among the many Wall Street chief executives that are not receiving bonuses amid heavy losses for the industry, share price plunges and government rescues. Lewis sent the eight employees directly underneath him an email that said the decision was difficult, but that "we are a pay for ... |
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Volkswagen shares gain as Porsche gets majority
Reuters (USA) - 6-1-2009
The much anticipated move triggers a mandatory takeover bid for Swedish truck maker Scania ( SCVb.ST ) since ownership will indirectly pass to Porsche now that the sportscar maker has lifted its VW holding to 50.8 percent. Ordinary shares in VW gained over 6 percent to trade above 270 euros by ...
Porsche takes majority VW stake- BBC (UK)
Aer Lingus cool on Ryanair offer- BBC (UK) |
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