http://www.roosster.com Integrated Feed for ALL news Roosster RSS Generator Copyright (c) 2004 roosster.com Thu, 04 Dec 2008 22:10:00 GMT 60 http://www.roosster.com/nr/l/4988385/Microsoft+Hires+Yahoo+Ex+Executive Microsoft hired former Yahoo executive Qi Lu to run its Internet operations, seeking to strengthen a strategically important business. Thu, 04 Dec 2008 22:06:14 GMT http://www.roosster.com/nr/l/4988385/Microsoft+Hires+Yahoo+Ex+Executive http://www.roosster.com/nr/l/4988209/Rep+Frank+Foresees+Broad+Regulatory+Fixes Rep. Barney Frank predicted that 2009 will be the "best year" for public policy since the New Deal. Thu, 04 Dec 2008 20:45:37 GMT http://www.roosster.com/nr/l/4988209/Rep+Frank+Foresees+Broad+Regulatory+Fixes http://www.roosster.com/nr/l/4987561/Citadel+Down+13+in+November Citadel Investment Group lost about 13% in November, bringing the Chicago hedge fund giant's investment decline this year to 47%, according to investors. Thu, 04 Dec 2008 18:19:50 GMT http://www.roosster.com/nr/l/4987561/Citadel+Down+13+in+November http://www.roosster.com/nr/l/4987560/Rice+Meets+Pakistani+Leaders With the U.S. pressing Pakistan to act against Islamic militants, Condoleezza Rice said Pakistan's president has assured her his government will go after anyone connected to the Mumbai attacks. Thu, 04 Dec 2008 17:52:30 GMT http://www.roosster.com/nr/l/4987560/Rice+Meets+Pakistani+Leaders http://www.roosster.com/nr/l/4987331/Bernanke+Urges+Action+on+Foreclosures Bernanke urged the government to consider sweeping steps to prevent foreclosures, including buying risky mortgages and refinancing them under more favorable terms to homeowners. Thu, 04 Dec 2008 16:57:42 GMT http://www.roosster.com/nr/l/4987331/Bernanke+Urges+Action+on+Foreclosures http://www.roosster.com/nr/l/4986982/AMD+Warns+of+Sharp+Sales+Drop Chip maker AMD said fourth-quarter sales would plunge 25% from the third quarter, amid a global slump in demand for semiconductors. Thu, 04 Dec 2008 15:09:32 GMT http://www.roosster.com/nr/l/4986982/AMD+Warns+of+Sharp+Sales+Drop http://www.roosster.com/nr/l/4986739/AT+T+to+Slash+Work+Force AT&T is chopping 12,000 jobs, or 4% of its work force, citing economic pressures and a changing business mix. It will also reduce capital spending. Thu, 04 Dec 2008 14:52:54 GMT http://www.roosster.com/nr/l/4986739/AT+T+to+Slash+Work+Force http://www.roosster.com/nr/l/4986740/Stocks+Slide+on+Retail+Data The stock market headed lower after retail sales were generally weak and jobless claims remained at high levels. Thu, 04 Dec 2008 14:40:34 GMT http://www.roosster.com/nr/l/4986740/Stocks+Slide+on+Retail+Data http://www.roosster.com/nr/l/4986415/November+Is+as+Bad+as+Feared Retailers reported some of the weakest sales figures in years with many missing downbeat expectations, as the economic slowdown hit holiday spending. Wal-Mart topped forecasts. Thu, 04 Dec 2008 13:59:04 GMT http://www.roosster.com/nr/l/4986415/November+Is+as+Bad+as+Feared http://www.roosster.com/nr/l/4986416/Jobless+Claims+Fall+but+Still+High The number of U.S. workers filing new claims for unemployment benefits unexpectedly fell 21,000 last week but remained above the half-million mark consistent with steep employment declines. Thu, 04 Dec 2008 13:44:04 GMT http://www.roosster.com/nr/l/4986416/Jobless+Claims+Fall+but+Still+High http://www.roosster.com/nr/l/4986414/Merck+Cuts+Sales+Profit+Outlook Merck projected 2009 earnings below analysts' expectations as it cut sales estimates and said it remains able to boost shareholder value, including through stock buybacks. Thu, 04 Dec 2008 13:35:17 GMT http://www.roosster.com/nr/l/4986414/Merck+Cuts+Sales+Profit+Outlook http://www.roosster.com/nr/l/4986168/ECB+Bank+of+England+Cut+Rates The European Central Bank cut its rates by 75 basis points to 2.5%, while the Bank of England slashed its key rate by one percentage point to 2%. Thu, 04 Dec 2008 13:12:03 GMT http://www.roosster.com/nr/l/4986168/ECB+Bank+of+England+Cut+Rates http://www.roosster.com/nr/l/4986167/Nokia+Sees+Shrinking+Handset+Market Nokia cut its global handset market forecasts for the second time in three weeks, warning that the slowdown has accelerated more rapidly than expected. Thu, 04 Dec 2008 12:30:36 GMT http://www.roosster.com/nr/l/4986167/Nokia+Sees+Shrinking+Handset+Market http://www.roosster.com/nr/l/4985690/Nippon+Oil+Nippon+Mining+to+Merge Japan's Nippon Oil and Nippon Mining agreed to a merger that they said will create one of the world's top oil companies with close to $140 billion in sales. Thu, 04 Dec 2008 08:38:51 GMT http://www.roosster.com/nr/l/4985690/Nippon+Oil+Nippon+Mining+to+Merge http://www.roosster.com/nr/l/4985593/Credit+Suisse+Posts+Loss+Cuts+Jobs Credit Suisse said it reported a net loss of $2.48 billion for the first two months of this quarter, and will cut 5,300 jobs in a major cutback of its investment-banking arm. Thu, 04 Dec 2008 07:58:19 GMT http://www.roosster.com/nr/l/4985593/Credit+Suisse+Posts+Loss+Cuts+Jobs http://www.roosster.com/nr/l/4985255/Buyout+Titan+Weighs+Hedge+Fund+Revamp Thomas H. Lee is considering shrinking or shutting two hedge funds after big losses. Thu, 04 Dec 2008 05:12:44 GMT http://www.roosster.com/nr/l/4985255/Buyout+Titan+Weighs+Hedge+Fund+Revamp http://www.roosster.com/nr/l/4985254/IBM+Creates+'Microsoft+Free'+Desktop IBM is offering a virtual desktop suite that runs on a backroom server and doesn't require Microsoft software. Thu, 04 Dec 2008 05:01:20 GMT http://www.roosster.com/nr/l/4985254/IBM+Creates+'Microsoft+Free'+Desktop http://www.roosster.com/nr/l/4985253/MGA+Barred+From+Making+Bratz+Dolls A judge has granted an injunction requested by toy maker Mattel that bars rival MGA Entertainment from manufacturing Bratz dolls. Thu, 04 Dec 2008 05:00:58 GMT http://www.roosster.com/nr/l/4985253/MGA+Barred+From+Making+Bratz+Dolls http://www.roosster.com/nr/l/4985109/Discounters+Face+Fight+on+Minimum+Pricing A group of major discounters, including eBay and Costco, is set to call for new laws blocking manufacturers from setting minimum prices, a move that may ratchet up a battle with the powerful industry that monitors product prices. Thu, 04 Dec 2008 04:19:13 GMT http://www.roosster.com/nr/l/4985109/Discounters+Face+Fight+on+Minimum+Pricing http://www.roosster.com/nr/l/4985108/Panasonic+Raises+Offer+for+Sanyo Panasonic has raised its offer to acquire all of smaller electronics rival Sanyo Electric for $1.39 a share. Thu, 04 Dec 2008 03:59:32 GMT http://www.roosster.com/nr/l/4985108/Panasonic+Raises+Offer+for+Sanyo http://www.roosster.com/nr/l/4985107/Installing+a+Window+on+the+Universe NASA has commissioned glass and metal experts in Turin, Italy, to outfit the international space station with a true window on outer space. Thu, 04 Dec 2008 03:22:51 GMT http://www.roosster.com/nr/l/4985107/Installing+a+Window+on+the+Universe http://www.roosster.com/nr/l/4984809/Blue+Cross+Bid+Sets+Off+Battle State lawmakers may give Blue Cross Blue Shield of Michigan a rescue of sorts and changes opposed by for-profit insurers and others. Thu, 04 Dec 2008 02:15:32 GMT http://www.roosster.com/nr/l/4984809/Blue+Cross+Bid+Sets+Off+Battle http://www.roosster.com/nr/l/4984807/Safe+Sound+A+Parent's+Nightmare A child nearly stops breathing, sending her mother on a quest to learn the cause of her daughter's symptoms. Thu, 04 Dec 2008 02:11:26 GMT http://www.roosster.com/nr/l/4984807/Safe+Sound+A+Parent's+Nightmare http://www.roosster.com/nr/l/4984808/After+Quake+Parents+in+China+Start+Over In Sichuan, bereaved parents are trying to move on after losing their only child in the May quake. Many are using government subsidies to help their odds of conceiving again. Thu, 04 Dec 2008 01:55:44 GMT http://www.roosster.com/nr/l/4984808/After+Quake+Parents+in+China+Start+Over http://www.roosster.com/nr/l/4984956/L.A+Budget+Woes+May+Free+Billy A budget deficit could achieve what years of lobbying by celebrities and animal-rights activists couldn't: sending the city zoo's last elephant, Billy, to a sanctuary. Thu, 04 Dec 2008 01:14:35 GMT http://www.roosster.com/nr/l/4984956/L.A+Budget+Woes+May+Free+Billy http://www.roosster.com/nr/l/4984652/AIG+Unloads+TMV+Stake AIG sold its interest in three joint ventures back to power producer Tenaska. Thu, 04 Dec 2008 00:36:43 GMT http://www.roosster.com/nr/l/4984652/AIG+Unloads+TMV+Stake http://www.roosster.com/nr/l/4984653/Buyers+Shun+Port+Authority+Note+Sale The Port Authority of New York and New Jersey received no bids for $300 million of taxable notes it put up for sale. Thu, 04 Dec 2008 00:22:59 GMT http://www.roosster.com/nr/l/4984653/Buyers+Shun+Port+Authority+Note+Sale http://www.roosster.com/nr/l/4984651/Obama+Keeps+His+Distance+on+TARP Obama and his team are resisting overtures from the Bush Treasury to get more involved now in shaping how the rest of the financial-rescue funds are spent. Thu, 04 Dec 2008 00:20:38 GMT http://www.roosster.com/nr/l/4984651/Obama+Keeps+His+Distance+on+TARP http://www.roosster.com/nr/l/4984650/Spain's+Bets+Sour+in+Latin+America Spanish companies that poured money into Latin American utilities and airlines are becoming ensnared by populist economics as governments seize their businesses. Thu, 04 Dec 2008 00:03:38 GMT http://www.roosster.com/nr/l/4984650/Spain's+Bets+Sour+in+Latin+America http://www.roosster.com/nr/l/4984374/Nonbank+Firms+Seek+Relief+on+Credit Nonbank firms are calling for more federal action to unlock credit markets and jump-start lending to businesses. Thu, 04 Dec 2008 00:03:38 GMT http://www.roosster.com/nr/l/4984374/Nonbank+Firms+Seek+Relief+on+Credit http://www.roosster.com/nr/l/4984375/Capital+One+to+Buy+Chevy+Chase Capital One has reached a deal to buy Chevy Chase Bank for $520 million in cash and stock. Thu, 04 Dec 2008 00:02:50 GMT http://www.roosster.com/nr/l/4984375/Capital+One+to+Buy+Chevy+Chase http://www.roosster.com/nr/l/4984373/Carlyle+to+Cut+10+of+Staff Carlyle is cutting 10% of its staff, the first large U.S. private-equity firm to announce firmwide layoffs as the industry braces for leaner times. Wed, 03 Dec 2008 23:44:24 GMT http://www.roosster.com/nr/l/4984373/Carlyle+to+Cut+10+of+Staff http://www.roosster.com/nr/l/4984216/Neuberger+Team+Wins+Bid+for+Lehman+Unit A group of managers and senior employees of Lehman Brothers' Neuberger Berman asset-management unit won a bid to acquire a majority interest in the division. Wed, 03 Dec 2008 23:13:28 GMT http://www.roosster.com/nr/l/4984216/Neuberger+Team+Wins+Bid+for+Lehman+Unit http://www.roosster.com/nr/l/4984214/Adobe+Plans+to+Cut+Jobs Adobe cut its fiscal fourth-quarter earnings guidance and said it plans to cut 600 jobs, or about 9% of its world-wide work force. Wed, 03 Dec 2008 23:06:08 GMT http://www.roosster.com/nr/l/4984214/Adobe+Plans+to+Cut+Jobs http://www.roosster.com/nr/l/4984217/Lufthansa+May+Buy+Austrian+Airlines Lufthansa may buy Austrian Airlines, pushing the giant carrier further along one of the most ambitious acquisition sprees the industry has seen in years. Wed, 03 Dec 2008 23:04:06 GMT http://www.roosster.com/nr/l/4984217/Lufthansa+May+Buy+Austrian+Airlines http://www.roosster.com/nr/l/4984215/Citic+Pacific+Hit+Is+Bigger+Than+Seen Shares in Citic Pacific fell sharply after the company disclosed larger losses than previously estimated. Wed, 03 Dec 2008 22:42:32 GMT http://www.roosster.com/nr/l/4984215/Citic+Pacific+Hit+Is+Bigger+Than+Seen