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Archive for July, 2009

NY AG details big bonuses at bailed-out banks

NY AG details big bonuses at bailed-out banks

Thursday, July 30, 2009 23:44

NEW YORK – Citigroup Inc., one of the biggest recipients of government bailout money, gave employees $5.33 billion in bonuses for 2008, New York's attorney general said Thursday in a report detailing the payouts by nine ...

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Wall St. climbs on earnings, but Disney off late

Thursday, July 30, 2009 23:39

NEW YORK (Reuters) – Stocks rose on Thursday as solid corporate profit reports and a drop in the number of Americans on jobless benefits gave investors reasons to buy equities following the S&P 500's two days of losses. The market's rally ...

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Asia stocks hit 11-mth high as earnings cheered

Asia stocks hit 11-mth high as earnings cheered

Thursday, July 30, 2009 23:37

HONG KONG (Reuters) – Asian stocks pushed higher on Friday and were poised to score double-digit gains in July as investors keep pouring funds on bets the region's growth engine will lead the global economy out of recession. South Korea's benchmark ...

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Why the Banks Aren’t Modifying Home Loans

Thursday, July 30, 2009 23:33

In February, the Obama Administration said it would pay mortgage-servicing companies to modify existing home loans to make them more affordable - an attempt to keep struggling borrowers in their houses and slow the escalating pace of foreclosures. In a way, the problem was an odd one. Lenders lose a ...

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Sony posts loss but says profit in sight

Sony posts loss but says profit in sight

Thursday, July 30, 2009 23:30

TOKYO (Reuters) – Sony Corp (6758.T) posted a smaller-than-expected quarterly loss, helped by an improvement in its struggling flat TV business, and said it was aiming to beat its official forecast and at least break even for the full year. Sony ...

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Former Google VP Suggests User-Based Security at Black Hat

Former Google VP Suggests User-Based Security at Black Hat

Thursday, July 30, 2009 23:18

At the Black Hat security conference on Wednesday, former Google VP of Engineering Douglas Merrill gave the opening keynote presentation, and it wasn't a traditional security industry talk. The takeaway: Let users dictate enterprise security needs. Merrill, who most recently served ...

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LG Introduces Ultra-Slim LCD TVs

LG Introduces Ultra-Slim LCD TVs

Thursday, July 30, 2009 23:18

At LG’s fifth annual summer line show in New York City, the company introduced two new HDTV lines, the SL80 and SL90. Both caught my attention for their attention to design. The SL90 LG had ...

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Game makers pause, reload: Are price cuts next?

Game makers pause, reload: Are price cuts next?

Thursday, July 30, 2009 23:09

Kathleen Byrnes and Justin Choi, a married couple attending medical school at Tulane University, say $40 is just too much to fork over for a Nintendo Wii game they might not enjoy. They haven't bought one since last fall, when ...

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YouTube wedding video sends Chris Brown to charts

Thursday, July 30, 2009 23:09

LOS ANGELES (Billboard) – In the same week that Chris Brown went to YouTube to apologize for assaulting former girlfriend Rihanna, a viral videoclip of a wedding party dancing down the aisle to Brown's song "Forever" returned him to the charts. The uptempo tune sold 50,000 downloads during the week ended ...

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Going for Seconds: Rad by Rad Hourani Debuts

Going for Seconds: Rad by Rad Hourani Debuts

Thursday, July 30, 2009 23:03

New York – One of the perks of being a designer is that if there's an article of clothing that you want but can't find, you can always design it ...

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