March 10th, 2010
Apple Inc. CEO Steve Jobs has reportedly quashed the hopes of prospective iPad buyers who thought they might be able to access the Internet with the new devices using their iPhone data plan.
Swedish record producer Jezper Soderlund reports that he asked Jobs about the practice known as tethering in an e-mail:
"I'll keep it short.
I'm Jezper […]
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Filed under: term by Guru
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February 17th, 2010
Hewlett-Packard Co. and Royal Dutch Shell PLC announced a collaboration today to develop ultra-high-resolution seismic sensing equipment.
The Palo Alto, Calif. computer giant (NYSE: HPQ) is partnering with Shell (NYSE: RDS.A) to deliver a higher channel count and broader sensor frequency range to get a better seismic picture of what lies beneath in oil and gas […]
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February 8th, 2010
Pakistan may offer as much as $1 billion of bonds and resume selling state assets in the coming months, Finance Minister Shaukat Tarin said, as the government forecasts a widening budget deficit amid rising war costs.
“We have made all the arrangements and we will conduct roadshows in the next couple of months,” Tarin […]
Filed under: money by Guru
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February 1st, 2010
AmerenUE’s 1.2 million Missouri electricity customers will see a new charge on bills because of higher fuel costs.
The average monthly increase for residential customers is 15 cents. The exact amount will vary by household and by month depending on electricity usage.
The charge reflects a $19.8 million rise in the utility’s fuel and purchased power costs from June to September and will appear on […]
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January 23rd, 2010
As if being a banker in Missouri isn’t tough enough these days, Peter Benoist of Enterprise Bank wants to set up shop in the real estate disaster zone known as Phoenix — in the skeleton of a failed bank, no less.
The banking business in Arizona is sickly indeed. The state’s banks have lost […]
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December 17th, 2009
Norges Bank will probably keep the benchmark interest rate unchanged today, after becoming the first central bank in Europe to lift borrowing costs, as lower oil spending next year slows the pace of economic growth.
The Oslo-based bank will leave the overnight deposit rate at 1.5 percent, according to 11 of the 13 economists […]
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December 15th, 2009
New pay restrictions were unveiled Friday for hundreds of top employees at the nation’s biggest bailout recipients, representing the latest effort aimed at protecting taxpayers’ investment.
The ruling, issued by White House "pay czar" Kenneth Feinberg, will impact 75 out of the 100 highest-paid employees at four companies: Citigroup (C, Fortune 500), AIG (AIG, Fortune […]
Filed under: legal by Guru
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December 8th, 2009
AOL Inc. Chief Executive Tim Armstrong is on a mission to show that the company isn’t some dot-com has-been selling Web access and e-mail. It’s a digital-media company with 80 websites churning out everything from personal finance advice to bedroom tips.
The 100 million unique viewers AOL attracts each month are enough to […]
Filed under: business by Guru
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November 30th, 2009
Crowded parking lots around the Phoenix area followed the Black Friday trend nationwide, but the National Retail Foundation reports although there were more shoppers hunting for bargains, they spent less this year.
The NRF released its annual survey Sunday showing 195 million shoppers visited stores and Web sites over the holiday weekend, up from 172 million […]
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November 28th, 2009
Canwest Global Communications delivered another quarterly loss on Friday, with the still-sluggish advertising market pulling down overall revenues by 13 per cent during a period that saw little in the way of good news for a company in the midst of a major restructuring.
The Winnipeg-based media conglomerate posted a $111-million loss worth 62 cents […]
Filed under: economics by Guru
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