Tuesday, March 31, 2009

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Busy agenda fuels Obama's Europe trip
March 31, 2009 at 5:12 am

In his first trip across the Atlantic since assuming the Oval Office, President Barack Obama hopes to sway allies that his young administration could improve the global economy and the U.S. image.

World Bank to create $50 billion trade fund: Zoellick (Reuters)
March 31, 2009 at 5:08 am

Reuters - World Bank President Robert Zoellick announced a $50 billion global trade liquidity program on Tuesday and urged G20 leaders to support the effort to reverse a sharp drop in trade due to the global economic crisis.

Tepid U.S. recovery in 2010: OECD (Reuters)
March 31, 2009 at 5:06 am

Reuters - The United States is heading for only a tepid recovery next year, and the central bank may need to buy even more assets to combat the growing threat of deflation, the OECD said on Tuesday.

World Bank: Growth in developing world slowing (AP)
March 31, 2009 at 5:05 am

AP - The deepening recession means growth in the developing world will slow to 2 percent this year, according to the World Bank, which predicts that economic activity will remain depressed for the next two years.

Developing countries want say in world finance
March 31, 2009 at 4:55 am

As leaders from the world's richest countries argue this week over how to tackle the global economic crisis, developing nations will be shouting even louder for a bigger say in any global solution.

Microsoft to discontinue Encarta (Reuters)
March 31, 2009 at 4:44 am

Reuters - Microsoft Corp. is to exit its Encarta encyclopedia business later this year after losing ground over the years to freely available reference material on the Internet on web sites like Wikipedia.

A failing firm may fail. Imagine that (Politico)
March 31, 2009 at 4:35 am

Politico - In a startling departure, the Obama administration has decided that the price of failure in America should be failure.

Health secretary nominee to face senators (AP)
March 31, 2009 at 3:40 am

AP - President Barack Obama's second choice for Health and Human Services secretary is getting ready to make her Senate debut.

TomTom to pay Microsoft to end patent fight (AP)
March 30, 2009 at 2:23 pm

AP - Microsoft Corp., the world's largest software maker, on Monday said it settled a patent dispute over car navigation technology with TomTom NV for an undisclosed amount.

NASA in Colbert conundrum over Space Station (Reuters)
March 30, 2009 at 2:15 pm

Reuters - NASA's outreach to the public to drum up interest in the International Space Station started innocently enough with an online contest to name the station's new living quarters.

Analysis: Obama tougher on autos than banks (AP)
March 30, 2009 at 2:15 pm

AP - President Barack Obama is dealing with the beleaguered auto industry more sternly than he has with bailed-out banks and insurers.

Netflix ups fees for Blu-ray amid rising demand (AP)
March 30, 2009 at 2:11 pm

AP - Online DVD rental leader Netflix Inc. is raising its prices for Blu-ray discs in a change that will triple or quadruple the high-definition surcharge on Netflix's most popular subscription plans.

Netflix to raise Blu-ray subscription price 20 percent (Reuters)
March 30, 2009 at 2:11 pm

Reuters - Netflix Inc said on Monday it will raise prices about 20 percent for subscribers who rent Blu-ray discs rather than standard DVDs.

Chrysler says it has Fiat deal framework
March 30, 2009 at 2:11 pm

Ailing automaker Chrysler LLC  has agreed on the framework for a global alliance  with Fiat SpA, but that there were still hurdles to a definitive pact with the Italian automaker.

Scientists Identify More Breast Cancer Genes (HealthDay)
March 30, 2009 at 2:03 pm

HealthDay - MONDAY, March 30 (HealthDay News) -- U.S. researchers say they've spotted new gene variations that could boost the risk of sporadic breast cancer.

Microsoft and TomTom settle patent fight (Reuters)
March 30, 2009 at 1:57 pm

Reuters - Microsoft Corp and Dutch navigation device maker TomTom NV said on Monday they had reached a settlement after more than a year of squabbling over software patents.
 

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