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Retailer KB Toys files for bankruptcy protection (AP)
Date : 11 Dec 2008AP - In another sign of the grim holiday season, KB Toys filed for bankruptcy protection for the second time in four years on Thur read more »
Jobless claims soar, exports tumble (Reuters)
Date : 11 Dec 2008Reuters - The number of U.S. workers filing new claims for jobless benefits surged to a 26-year high last week as employers tighte read more »
Report: Siemens close to SEC corruption settlement (AP)
Date : 11 Dec 2008AP - Industrial conglomerate Siemens AG is close to reaching a settlement with U.S. and German authorities over its long-standing read more »
Former Kentucky player accused of mortgage fraud (AP)
Date : 11 Dec 2008AP - Former Kentucky basketball player Dirk Minniefield has been charged in an alleged $10 million mortgage scheme in the Houston read more »
Wall Street bonuses to drop 50 percent: New York comptroller (Reuters)
Date : 11 Dec 2008Reuters - Wall Street's bonuses will fall at least 50 percent this year, pushing them back down to the level last seen in 2002, th read more »
Auto bailout faces rough road in Senate (Reuters)
Date : 11 Dec 2008Reuters - The White House urged skeptical Republicans in the Senate Thursday to back a $14 billion bill to rescue the U.S. auto in read more »
Recession seen worsening, deflation a risk (Reuters)
Date : 11 Dec 2008Reuters - The "nasty" U.S. recession will tighten its grip next year as unemployment rises and weak home and stock prices imperil read more »
FTSE-100 stock index up 13.51 points at 4,380.79 (AP)
Date : 11 Dec 2008AP - Share prices on the London Stock Exchange were higher at midday Thursday. read more »
FTC Shuts Down More Bogus Spyware Scan Companies
Date : 10 Dec 2008A few years back the FTC shut down some scam fake anti-spyware companies that would advertise "free scans" of your computer and wo read more »
Australian ISPs Refuse To Censor The Internet
Date : 10 Dec 2008It looks like the Australian government's latest plan to censor the internet is running into a few snags. Earlier, one big ISP ha read more »
Should Internet Censors Be Responsible For Breaking Stuff?
Date : 10 Dec 2008In the wake of the UK Internet Watch Foundation's block of a particular Wikipedia page for what it claimed was illegal child porno read more »
Student Sues School For Suspending Her Over Facebook Group
Date : 10 Dec 2008Last year, we pointed out that teachers are increasingly complaining that students are cyberbullying not each other... but the tea read more »
Treasury Bill Rates Go Negative; Loaning Money At A Guaranteed Loss
Date : 10 Dec 2008It caught some attention yesterday when the rate on four-week US treasury bills went to zero yesterday, but an even more astoundin read more »
Regulator: mortgage rates could drop to 4 percent (AP)
Date : 10 Dec 2008AP - Government efforts to provide easier credit to consumers and help housing finance companies could push mortgage rates "well b read more »
White House doesn't expect final autos deal Wednesday (Reuters)
Date : 10 Dec 2008Reuters - The White House does not expect to complete on Wednesday night a final deal with Congress on bailing out the U.S. automa read more »
Wall Street rises in choppy day on resource boost (Reuters)
Date : 10 Dec 2008Reuters - Stocks rose in a choppy session on Wednesday as a rebound in oil prices and other commodities lifted energy, mining and read more »
Kodak 2008 results to fall short of expectations (Reuters)
Date : 10 Dec 2008Reuters - Photography company Eastman Kodak Co said its 2008 revenue and earnings will fall short of expectations, because of a d read more »
Lawmakers rap Treasury on bailout plan (Reuters)
Date : 10 Dec 2008Reuters - U.S. lawmakers on Wednesday threatened to withhold the remaining half of the $700 billion of financial bailout cash unle read more »
Hollywood Removing Hit Movies From Apple, Netflix
Date : 10 Dec 2008Some days you just wonder if entertainment execs wake up in the morning planning to shoot themselves in their collective foot. Th read more »
Administrator: no buyer for Woolworths (AP)
Date : 10 Dec 2008AP - Prospects for rescuing ailing British retailer Woolworths receded as the company's administrator said Wednesday it had not ye read more »
Creative Destruction: Time To Make Companies Small Enough To Fail
Date : 10 Dec 2008The news is filled with stories of the latest bailout: this time of the US auto industry, and for some reason it has me thinking a read more »
Indian Court Wants To Ban Google Earth In The Wake Of Mumbai Attacks
Date : 10 Dec 2008You just knew this was going to happen eventually. Pretty soon after the attacks last month in Mumbai concluded, reports started read more »
GMAC bond exchange flop threatens bank bid (Reuters)
Date : 10 Dec 2008Reuters - Auto and mortgage lender GMAC said on Wednesday that only a fraction of its bondholders agreed to swap their debt, raisi read more »
Landgrab For Ownership Of Library Catalog Data
Date : 10 Dec 2008There's been an interesting (and somewhat troubling) behind the scenes fight going on concerning library catalog data over the pas read more »
American Reserve Life buys Albanian insurance firm (AP)
Date : 10 Dec 2008AP - American Reserve Life Insurance Company has agreed to buy Albania's state-owned insurance company Insig for euro41 million ($ read more »