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News of the 07/27/2008

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GM Exec appears before Senate
Slash In Interest Rates Expected
England and Sweden make big rate cuts
    

KKR to go public through merger with KKR fund: sources

  
NEW YORK (Reuters) - Private equity firm Kohlberg Kravis Roberts plans to list on the New York Stock Exchange later this year in a complicated transaction that involves merging with its publicly listed Amsterdam investment fund, two sources familiar with the matter said on Sunday.
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Trial to begin for NH man in Mass. double slaying

  
When two men were found shot to death inside the office of a Wakefield concrete company, investigators initially looked for problems at the small, family-run business.
    From Boston Globe | Add a commentary | Report abuse
 
    
News of the 07/26/2008
    

U.S. regulators seize two more banks, engineer sale

  
WASHINGTON (Reuters) - U.S. regulators took over two banks on Friday and sold them to Mutual of Omaha Bank, the sixth and seventh bank failures this year as financial institutions struggle with a housing bust and credit crunch.
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Rolling Stones Deal Blow to EMI

  
One of the world's most iconic bands has dealt a body blow to the world's most iconic music label.
    From Sky News | Add a commentary | Report abuse
 

Smoking Charity Slams R'n'B Star

  
US R'n'B star Alicia Keys has apologised after an international health charity revealed her latest concert was helping market cigarettes to children.
    From Sky News | Add a commentary | Report abuse
 

Airline Executives Face Charges

  
Past and present British Airways executives are to be charged with price-fixing following a transatlantic investigation.
    From Sky News | Add a commentary | Report abuse
 
News of the 07/25/2008
    

UK economy grows just 0.2 percent in 2Q

  
The economic slowdown in Britain gathered pace in the second quarter of the year, with GDP growth of just 0.2 percent as the impact of the global credit crunch on the housing market and consumer spending deepened.
    From Boston Globe | Add a commentary | Report abuse
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Ford posts $8.7 billion second-quarter loss on truck slump

  
DETROIT (Reuters) - Ford Motor Co posted a record $8.7 billion quarterly loss on Thursday as it wrote down the value of slumping truck and SUV operations and revamped plans in a bid to break its reliance on the gas-guzzlers that have been its franchise vehicles for a decade.
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Putin threat hits miners stock

  
Jul 25 - An attack on the Russian company Mechel's pricing policy by Prime Minister Vladimir Putin erased almost a third of its value early on Friday (25 July).
    From Reuters | Add a commentary | Report abuse
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Row Forces BP Boss Out Of Russia

  
The chief executive of BP's Russian arm says a campaign of harassment has forced him to quit the country amid an increasingly bitter fight for control of the firm.
    From Sky News | Add a commentary | Report abuse
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EDF raises gas and electricity bills

  
EDF Energy has announced it is putting up gas prices by 22% and electricity prices by 17% for domestic customers.
    From BBC News | Add a commentary | Report abuse
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Microsoft CEO backs Web spending, "done" with Yahoo

  
REDMOND, Washington (Reuters) - Chief Executive Steve Ballmer on Thursday defended Microsoft Corp's need to make heavy investments in its Internet businesses but said the company was "done," for now, with pursuing Yahoo Inc.
    From Reuters | Add a commentary | Report abuse
 

Profit Warning Hits Rentokil Shares

  
British services group Rentokil Initial has issued its fourth profit warning in eight months, sending its shares plummetting by more than 30%.
    From Sky News | Add a commentary | Report abuse
 

Microsoft to Acquire DATAllegro

  
Leaders in data warehousing team to provide large-scale business intelligence solutions.
    From EduBourse | Add a commentary | Report abuse
 

UK recession closer?

  
Jul 25 - Economic growth slows to its weakest pace in three years in Britain.
    From Reuters | Add a commentary | Report abuse
 

Could Age Discrimination Be Good Business?

  
John Stossel examines whether age-discrimination laws make sense.
    From ABC News | Add a commentary | Report abuse
 
    
    
    





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