AP - The Obama administration is trying to jump-start its sputtering attempts to tackle the foreclosure crisis with an effort to assist homeowners who owe more on their properties than their homes are worth.
AP - Digital River Inc. on Tuesday said that it has bought online software and book retailer Journey Education Marketing Inc. for an undisclosed amount.
AP - Digital River Inc. on Tuesday said that it has bought online software and book retailer Journey Education Marketing Inc. for an undisclosed amount.
Reuters - U.S. regulators are probing certain practices around "quote stuffing," where large numbers of rapid-fire stock orders are placed and canceled almost immediately, Securities and Exchange Commission Chairman Mary Schapiro said on Tuesday.
AP - Pre-paid wireless provider MetroPCS Wireless Inc. said Tuesday it is selling $500 million of senior notes due in 2018 and use the proceeds to buy back other debt in a move to trim its interest payments.
AP - Heavy truck equipment supplier Commercial Vehicle Group Inc. has reached a deal to sell seating systems, flooring and plastic interior components to Daimler Trucks North America LLC.
NewsFactor - Google, the company that seems intent on becoming a force in anything that uses electrons, said Tuesday that it expects to expand its Web TV service across the globe. CEO Eric Schmidt said at the big IFA consumer electronics show now in Berlin that he expects other TV set manufacturers to join Sony, which is scheduled to launch Web TV in the U.S. beginning this fall. Samsung has recently said it is considering releasing TV sets with the Google software.
AP - A New York lawsuit seeks to stop the government from snooping in the laptops, cell phones and cameras of international travelers when there is no probable cause.
Reuters - Pipeline operator Enterprise Products Partners LP Tuesday said it will buy holding company Enterprise GP Holdings LP for $8.03 billion, the second such deal in a month, to simplify its corporate structure and reduce capital costs.
Reuters - Iran has raised its gasoline output to attain self-sufficiency in the strategic product and foil sanctions targeting its energy needs, the state television's website reported its oil minister as saying.
Reuters - Republicans in the Congress showed little willingness to help President Barack Obama approve $350 billion worth of measures to boost the economy with midterm elections less than two months away.
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Reuters - Stocks fell on Tuesday, led by declines in financial shares as reports on the European banking system renewed worries over the sector's health.
Appolicious - Android continues to poach away market share from the iPhone and other mobile platforms, now accounting for 25 percent of mobile operating systems in North America. That’s a 2 percent increase, month-over-month, and an 18.6 percent increase year-over-year.
AP - Oracle Corp. has hired former Hewlett-Packard Co. CEO Mark Hurd to help lead the database software maker in a pivotal moment in Oracle's 33-year history as it tries to muscle in on more of HP's turf.
AP - European Union nations agreed to create new financial oversight institutions Tuesday, hoping to prevent a repeat of the government debt crisis that nearly left Greece bankrupt and brought the European banking system to its knees.
AFP - Much-vaunted EU plans to tax banks skidded into trouble after moves to clamp down on big-spending governments also hit buffers despite broad agreement on Tuesday to regulate the financial sector.
AP - Casey's General Stores Inc., which is fending off a hostile takeover bid, said Tuesday that its fiscal first-quarter profit fell 16 percent on fees related to evaluating the takeover offer and higher operating expenses. Its revenue rose 14 percent.
Reuters - China's state-owned chemicals group Sinochem Corp has approached Singapore state investor Temasek to join a consortium that may bid for Canada's Potash Corp , sources with knowledge of the deal said on Tuesday.
NewsFactor - If the measure of a good logo is that it is memorable, Google is setting new records. On the day after Labor Day, the search giant is featuring a new variation on its well-known name in which the logo breaks up and runs from your cursor -- and people are wondering why.
AP - A Japanese journalist held hostage in Afghanistan for five months managed to send out a message via Twitter that he was alive when his captors asked him how to use a cell phone.
Reuters - Google Inc will launch its service to bring the Web to TV screens in the United States this autumn and worldwide next year, its chief executive said, as it extends its reach from the desktop to the living room.
PETAH TIKVA, Israel -- Gilat Satellite Networks Ltd. announced today that it has been chosen to provide a SkyEdge II satellite network for Telefonica International Wholesale Services , the wholesale organization within the Telefonica Group, which is one of the largest telecommunications operators in Latin America.
Mashable - The Apple TV refresh isn't the only new connected device headed to living rooms this fall; Google CEO Eric Schmidt has reaffirmed his company's plans to release the Google TV set-top box in the U.S. later this year, with launch in the rest of the world coming in 2011.
BusinessWeek - Don't expect an Elizabeth Warren-style campaign for the first director of the Office of Financial Research, yet another agency set up under the financial system overhaul. Unlike the pending decision over who will lead the Consumer Financial Protection Bureau, which has prompted online petitions and a viral rap video in support of the Harvard law professor, the competition over who will be the head of the research office is a wonks-only affair. ...
AP - Americans' economic struggles persisted in July, largely unchanged from the previous month, according to The Associated Press' monthly analysis of conditions around the country.
Reuters - Samsung Electronics, the world's top memory chipmaker, warned of an oversupply in the computer memory chip market from next quarter as a sputtering global economy may further weaken PC sales.
Reuters - American International Group Inc plans to seek Hong Kong listing committee approval on September 21, to list its Asian life insurance unit, aiming to raise about $15 billion, two sources with direct knowledge of the deal said on Tuesday.
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(RTTNews) - Austria's wholesale price inflation accelerated to 5.6% year-on-year in August from 5% in July, Statistics Austria said Tuesday. Compared to July, prices increased 1.4% during the month, partly influenced by higher prices for grains.
Wholesale trade sales in New Zealand increased 2.2% between April and June compared to the previous three months following a similar 2.2% rise in the March quarter, Statistics New Zealand said on Tuesday.
Total wholesale trade sales, after adjusting for seasonal effects, increased 2.2 percent ($458 million) in the June 2010 quarter, Statistics New Zealand said today, the third consecutive quarter to record a rise.
WELLINGTON, Sept 7 (Reuters) - New Zealand seasonally adjusted wholesale sales rose 2.2 percent in the three months to June, the third consecutive quarter of rises, according to official data on Tuesday.
Wholesale Lot of 20 items of maternity wear includes maternity tops,trousers and nursing tops. Also up for a bargain is a Lot of 20 shoes of various styles and sizes to clear for new stock arrivals.
AFP - Global stock markets rose and the dollar fell on Monday as investors further digested better-than-expected US jobs data which reduced prospects of a return to recession.
Digital Trends - Internet giant Google has proposed paying some $8.5 million to settle a lawsuit over privacy violations that occurred when it launched its Buzz social networking service earlier this year. Some 30 percent of the proposed settlement money would go towards legal fees associated with the case, $2,500 each would go to the seven Gmail users who brought the suit, and the remainder would be split amongst organizations that promote online privacy and privacy education. Google admits no wrongdoing in the settlement, which still must be approved by a judge.
AP - East Asia is the world's electronics factory, yet unless they are Japanese, producers are largely anonymous. Now HTC Corp., a Taiwanese maker of smart phones, is moving out of the shadows and trying to establish its own brand name as it competes with Apple's iPhone.
AP - Craiglist's "adult services" section has been shut down in the U.S., but prostitution on the Internet is alive and well — even, quite possibly, on Craigslist.
PC World - More people browsed the Internet last month with a device running Apple's mobile operating system, iOS, than used Linux to do so. That's a first for Apple, according to NetMarketShare, a firm that produces metrics on the market share of browsers, operating systems and search engines.
Ben Patterson - Fighting the urge to check your work e-mail while you’re on holiday doesn’t exactly qualify as the worst problem in the world; after all, it’s pretty nice to have a job at all in this tough economy, right? Then again, the pressure to hang onto a job seems to be driving more and more connected workers to stay plugged in even while they’re trying to tune out.
Ben Patterson - Feel the need to "check in" on Foursquare or Facebook every time you saunter into a restaurant, browse the goods at your neighborhood grocery store, or cram into a rock concert? Well, if you, you’re still in the minority — and you’re also probably a guy below 40 — according to the latest research.