Archive for November, 2009

RBA Raises Interest Rate

WSJ.com: What's News US on Nov 30th 2009

The Reserve Bank of Australia raised its cash rate target by one quarter of a percentage point to 3.75%, unwinding emergency policy settings in its third consecutive increase.

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Companies Look to Go ‘Vertical’

WSJ.com: Page One on Nov 30th 2009

Companies are reviving “vertical integration,” a 100-year-old strategy in which a firm controls materials, manufacturing and distribution.

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Inventors Seek a Better Bagel Cutter

WSJ.com: Page One on Nov 30th 2009

Bagel-related injuries are exceeded only by chicken, potato, apple and onion injuries. The injuries have inventors aiming to improve bagel-slicing technology.

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U.K. Broker Scolds FSA Head

WSJ.com: What's News US on Nov 30th 2009

A high-profile City of London broker said he was “genuinely offended” by the assertion made by FSA Chairman Adair Turner that large parts of today’s banking system were socially useless.

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Two Jobs and Still Underemployed

WSJ.com: What's News US on Nov 30th 2009

A growing number of people are underemployed, working part time or in jobs that don’t employ their skills.

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Charter Communications Exits Chapter 11

WSJ.com: What's News US on Nov 30th 2009

Cable company Charter Communications emerged from bankruptcy protection Monday, with Paul Allen holding a 35% stake.

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Sands China Falls 10% in Debut

WSJ.com: What's News US on Nov 30th 2009

The Macau unit of Las Vegas Sands Corp. is plagued by investor worries over valuation and debt.

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Sands China Falls 10% in Debut

WSJ.com: What's News US on Nov 30th 2009

The Macau unit of Las Vegas Sands Corp. is plagued by investor worries over valuation and debt.

Filed in Finance News | No responses yet

Abbott, Teva Deal to Delay Generic Sales

WSJ.com: What's News US on Nov 30th 2009

Abbott Labs reached a deal with Teva to postpone sales of a generic version of cholesterol drug TriCor until March 2011 at the earliest.

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Japan’s Kan Seeks BOJ Help For Economy

WSJ.com: What's News US on Nov 30th 2009

Japanese Deputy Prime Minister Naoto Kan said Tuesday that he hopes the Bank of Japan will take some steps to support the economy.

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When Your Rising Star Stalls

WSJ.com: Careers on Nov 30th 2009

How should you react when an anticipated promotion gets postponed?

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Asia Shares Mixed; Mitsubishi Falls

WSJ.com: What's News US on Nov 30th 2009

Asian shares were mixed Tuesday as a strong yen continued to hurt export stocks in Japan, while Mitsubishi UFJ was lower after announcing fund raising plans. The Nikkei fell 0.7%.

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ILFC Chief in Talks to Buy Planes

WSJ.com: What's News US on Nov 30th 2009

The head of AIG’s aircraft-leasing business is in talks to buy around $4 billion in planes from the U.S. government-controlled company.

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Areva in Talks With Alstom-Schneider

WSJ.com: What's News US on Nov 30th 2009

Areva picked a consortium of Alstom and Schneider Electric to acquire its power transmission and distribution business.

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G.E. Pact With Vivendi Clears Way for Sale of NBC

By MICHAEL J. DE LA MERCED and BILL CARTER on Nov 30th 2009

General Electric has reached a tentative agreement to buy Vivendi’s 20 percent stake in NBC Universal for about $5.8 billion, helping clear the path to a sale of the television and movie company to Comcast, according to people briefed on the matter.

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