[International Market Watch/Business Magazine( A Cm_a Venture)] 2/08/2007 01:51:00 AM

[International Market Watch/Business Magazine]

Popular Business News


Mobile ESPN to relaunch through Verizon AP - Thu Feb 8, 12:31 AM ET Sent 12 times
NEW YORK - ESPN is relaunching its shuttered cell phone service through Verizon Wireless, this time delivering its flashy feed of sports scores, news and video highlights through a top industry player instead of competing for subscribers with its own full-blown wireless brand.
YouTube founders split $650 mln in Google payday Reuters - Wed Feb 7, 8:43 PM ET Sent 9 times
SAN FRANCISCO (Reuters) - Two of YouTube's founders stand to divide shares of stock now valued at around $650 million, Web search leader Google Inc. said in a regulatory filing on Wednesday detailing the payout from its $1.65 billion acquisition.
Army confirms security contract in Iraq AP - Wed Feb 7, 2:50 AM ET Sent 8 times
WASHINGTON - After numerous denials, the Pentagon has confirmed that a North Carolina company provided armed security guards in Iraq under a subcontract that was buried so deeply the government couldn't find it.
Disney Parks eyes stand-alone hotels Reuters - Wed Feb 7, 10:23 PM ET Sent 8 times
LOS ANGELES (Reuters) - The Walt Disney Co. is considering "blue sky concepts" of creating smaller theme parks and stand-alone hotels, retail, dining and entertainment centers, Jay Rasulo, chairman of Disney's Parks and Resorts told analysts at a conference on Wednesday.
Wal-Mart, unions unite on health care AP - Wed Feb 7, 6:38 PM ET Sent 6 times
WASHINGTON - Executives from Wal-Mart and three other large U.S. employers on Wednesday joined union leaders in calling for "quality, affordable" health care for every American by 2012.
First nonprescription diet drug wins approval Reuters - Wed Feb 7, 7:46 PM ET Sent 6 times
WASHINGTON (Reuters) - The first over-the-counter weight-loss pill won approval from U.S. health officials on Wednesday, giving the two-thirds of Americans who are obese or overweight another option to help them shed pounds.
Singapore oil storage caverns delayed Reuters - Wed Feb 7, 10:01 PM ET Sent 4 times
SINGAPORE (Reuters) - The first S$700 million ($457 million) phase of Singapore's massive underground oil storage project will be completed in four years, a government minister said on Thursday, two years later than initially planned.
Blackstone buys Equity Office for $23B AP - Wed Feb 7, 11:42 PM ET Sent 3 times
CHICAGO - Blackstone Group trumped rival suitor Vornado Realty Trust Wednesday, acquiring Equity Office Properties Trust in a $23 billion all-cash deal. But the victory didn't come cheap.
Disney 1Q earnings rise on DVD sales AP - Thu Feb 8, 12:58 AM ET Sent 3 times
LOS ANGELES - The Walt Disney Co. delivered a stellar first quarter boosted by DVD sales and one-time gains from asset dispositions, easily beating analyst expectations.
China real estate investment shifts to smaller cities AFP - Wed Feb 7, 11:32 PM ET Sent 2 times
BEIJING (AFP) - Wuhan, Chongqing, Chengdu -- many foreigners may never have heard these names before, but they are Chinese cities where the stage may now be set for the next big Asian property frenzy.
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News Corp. 2Q profit falls AP - Wed Feb 7, 12:07 PM ET
NEW YORK - News Corp., the media conglomerate controlled by Rupert Murdoch, reported lower net income for its second fiscal quarter on Wednesday compared with year-ago results that included a gain on an asset sale. Its box office earnings rose on several hits including the "Borat" movie.
YouTube founders split $650 mln in Google payday Reuters - Wed Feb 7, 8:43 PM ET
SAN FRANCISCO (Reuters) - Two of YouTube's founders stand to divide shares of stock now valued at around $650 million, Web search leader Google Inc. said in a regulatory filing on Wednesday detailing the payout from its $1.65 billion acquisition.
Mobile ESPN to relaunch through Verizon AP - Thu Feb 8, 12:31 AM ET
NEW YORK - ESPN is relaunching its shuttered cell phone service through Verizon Wireless, this time delivering its flashy feed of sports scores, news and video highlights through a top industry player instead of competing for subscribers with its own full-blown wireless brand.
Kodak on track to finish 4-year overhaul AP - Thu Feb 8, 12:55 AM ET
NEW YORK - After three long years, Eastman Kodak Co. is on track to complete its historic transformation this fall into a digital-imaging company focused on consumer photography and commercial printing, its chief executive says.
Qantas reports 1.7 pct. rise in profit AP - 2 hours, 6 minutes ago
SYDNEY, Australia - Qantas Airways Ltd. raised its profit forecast for the second time since December on Thursday after reporting a 1.7 percent rise in net profit for the first half of its financial year.
ECB poised to keep interest rates steady AP - Thu Feb 8, 12:48 AM ET
FRANKFURT, Germany - The European Central Bank will likely hold interest rates steady Thursday, waiting to see if its latest increase can stem inflation, but it is expected to prepare the markets for another move in March.
Unilever profit tops forecast, but shares slide Reuters - 26 minutes ago
LONDON (Reuters) - Consumer goods giant Unilever Plc/NV topped forecasts with a 27 percent rise in 2006 earnings on Thursday, but its shares fell as analysts said its recovery appeared slow as it lagged its major competitors.
Snickers ad pulled after complaints AP - Tue Feb 6, 5:52 PM ET
HACKETTSTOWN, N.J. - A commercial for Snickers candy bars launched in the Super Bowl broadcast was benched after its maker got complaints that it was homophobic.
ABN AMRO year profit up Reuters - 13 minutes ago
AMSTERDAM (Reuters) - Dutch bank ABN AMRO posted a 7.6 percent rise in its annual net profit on Thursday, helped by the purchase of Italian bank Antonveneta and the sale of parts of its business, and announced a share buyback.
Court says Wal-Mart must face bias trial AP - Tue Feb 6, 6:32 PM ET
SAN FRANCISCO - A federal appeals court ruled Tuesday that Wal-Mart Stores Inc., the world's largest private employer, must face a class-action lawsuit alleging as many as 1.5 million former and current female employees were discriminated against in pay and promotions.
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YouTube founders split $650 mln in Google payday Reuters - Wed Feb 7, 8:44 PM ET Avg. Rating: 4.5
SAN FRANCISCO (Reuters) - Two of YouTube's founders stand to divide shares of stock now valued at around $650 million, Web search leader Google Inc. said in a regulatory filing on Wednesday detailing the payout from its $1.65 billion acquisition.
Exxon, Alabama to face off in state supreme court Reuters - Mon Feb 5, 8:39 PM ET Avg. Rating: 4.4
NEW YORK (Reuters) - Exxon Mobil Corp. is set to argue in front of the Alabama Supreme Court on Tuesday that a $3.6 billion fraud judgment against the company is unconstitutional and should be overturned.
Thailand to reopen old airport, giving Bangkok two hubs AFP - Tue Feb 6, 10:12 AM ET Avg. Rating: 4.4
BANGKOK (AFP) - Thailand said it will reopen Bangkok's shuttered Don Muang airport amid mounting problems at its sparkling new air hub, despite fears the move will create confusion for millions of tourists.
Blackwater e-mail outlines gear shortage AP - Wed Feb 7, 6:00 PM ET Avg. Rating: 4.3
WASHINGTON - A day before four of the company's security guards died in Iraq, a Blackwater USA employee wrote company officials that it was time to stop the "smoke and mirror show" and provide crucial equipment for the private army in the field.
Chrysler plans to cut 10,000 jobs: report Reuters - Mon Feb 5, 11:16 AM ET Avg. Rating: 4.3
DETROIT (Reuters) - DaimlerChrysler AG's (DCXGn.DE) Chrysler Group plans to cut more than 10,000 factory jobs and close at least two plants to return the U.S-based unit to profitability, the Detroit News reported on Monday.
Court says Wal-Mart must face bias trial AP - Tue Feb 6, 11:12 PM ET Avg. Rating: 4.3
SAN FRANCISCO - A federal appeals court ruled Tuesday that Wal-Mart Stores Inc., the world's largest private employer, must face a class-action lawsuit alleging as many as 1.5 million former and current female employees were discriminated against in pay and promotions.
Oil prices settle below $58 a barrel AP - Wed Feb 7, 4:12 PM ET Avg. Rating: 4.3
NEW YORK - Crude oil prices settled below $58 a barrel Wednesday amid concerns about lower-than-expected demand last week for distillate fuels such as heating oil.
Boeing says 787 rollout on schedule, tips good year Reuters - Wed Feb 7, 9:14 PM ET Avg. Rating: 4.3
SYDNEY (Reuters) - Boeing Co. said on Thursday it was on track to deliver its new 787 Dreamliner planes next year and tipped a good year for new commercial orders as North American and Asian airlines buy new aircraft.
Far-flung exurbs hard hit by housing downturn Reuters - Tue Feb 6, 12:18 PM ET Avg. Rating: 4.2
WASHINGTON (Reuters) - While the housing downturn has depressed once-thriving real estate markets around the nation, far-flung suburbs of major cities have suffered the most abrupt market correction.
Budget would halt some land conservation AP - Wed Feb 7, 12:54 AM ET Avg. Rating: 4.2
SIOUX FALLS, S.D. - President Bush's proposed budget would put a land conservation program that protects some 35 million acres on hold in favor of boosting corn production to meet the growing demand for ethanol.

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Posted by International Market Watch/Business Magazine to International Market Watch/Business Magazine( A Cm_a Venture) at 2/08/2007 01:51:00 AM