Archive for August, 2007

13 Aug

Some Asian markets recover after plunge

TOKYO - Some Asian markets rebounded Monday in early trading, recovering gradually from a worldwide plunge set off by volatility from a U.S. mortgage crisis.
The Nikkei 225, the benchmark for the Tokyo Stock Exchange, edged up 0.4 percent by early afternoon to 16,844.59.
The Korea Composite Stock Price Index rose 0.64 to 1,839.81, although it swung […]

10 Aug

AT&T Errs in Edit of Anti-Bush Lyrics

Friday August 10, 1:26 am ET
By Michelle Roberts, Associated Press Write

AT&T Says Censorship of Pearl Jam’s Anti-Bush Lyrics During Webcast Was a Mistake
SAN ANTONIO (AP) — Lyrics performed by Pearl Jam criticizing President Bush should not have been censored from a webcast by AT&T Inc., a company spokesman acknowledged Thursday.
AT&T, through its Blue […]

08 Aug

Blockbuster acquires Movielink

Blockbuster, one of the nation’s largest video-rental companies, has acquired Movielink, a video-on-demand service owned by five of the top six movie studios.
Terms of the deal were not disclosed.
Movielink offers digital movie downloads, but none of the competitors in the sector has managed to find much of an audience.
Founded in 2002, Movielink is […]

08 Aug

China threatens to trigger US dollar crash

By Ambrose Evans-Pritchard

The Chinese government has begun a concerted campaign of economic threats against the United States, hinting that it may liquidate its vast holding of US Treasury bonds if Washington imposes trade sanctions to force a yuan revaluation.
Two Chinese officials at leading Communist Party bodies have given interviews in recent days warning, for the […]

07 Aug

When a Simpler 401(k) Is Just Dumb

by Jeff D. Opdyke
Tuesday, August 7, 2007

Employers have long hoped that simpler 401(k) plans would entice more workers to save. But for more-savvy investors, that may not be good news.
Many companies have pruned the number of investment options in their plans to keep workers from feeling overwhelmed by too much choice. General Motors Corp. and […]

06 Aug

Fourth bank bail-out costs China £20bn

China is set to spend $40bn (£20bn) to bail out debt-laden Agricultural Bank of China, the weakest of the country’s big four commercial banks, state press reported.
The funding will come from China’s new forex investment agency, which will manage part of the country’s foreign exchange reserves of more than $1,330bn, the Economic Observer reported, citing […]

06 Aug

GE aims for $500m Olympics payout

By Russell Hotten

General Electric, the world’s largest industrial group, says it will generate at least $500m (£246m) in sales from around 335 projects it is working on as an official partner of the Olympic Games in China next year.
It is rare for conglomerates to exploit the marketing opportunities offered by sporting events, which are normally […]

05 Aug

Career Chemistry: The Best Jobs for Six Personality Types Final Part

When seeking your true love, you had better look for someone with a compatible personality. The same thing is true when choosing your career.
As part of its Best Careers guide, U.S. News has selected the top careers for each of six personality types. Sure, everybody’s an individual, but researchers have observed that most people have […]

02 Aug

Career Chemistry: The Best Jobs for Six Personality Types Part 5

When seeking your true love, you had better look for someone with a compatible personality. The same thing is true when choosing your career.
As part of its Best Careers guide, U.S. News has selected the top careers for each of six personality types. Sure, everybody’s an individual, but researchers have observed that most people have […]

01 Aug

Career Chemistry: The Best Jobs for Six Personality Types Part 4

When seeking your true love, you had better look for someone with a compatible personality. The same thing is true when choosing your career.
As part of its Best Careers guide, U.S. News has selected the top careers for each of six personality types. Sure, everybody’s an individual, but researchers have observed that most people have […]