#1 Fresh Live Leads : EST 2006
AP - U.S. consumers may have stayed home this holiday season, but no matter for Apple, which managed to turn a profit in the last quarter as people elsewhere stocked up on iPods, Macbooks and other goodies.
AFP - Japanese companies on Thursday unveiled a security robot that can be operated remotely by cellphone and launch a net to capture an intruder.
Reuters - South Korean prosecutors indicted a blogger on Thursday who had warned of financial doom for the country with critics saying he was targeted because his gloomy forecasts upset the government battling an economic downturn.
Reuters - Fiat SpA’s founding family is weighing a capital increase of about 2 billion euros ($2.58 billion) with an eye to a possible merger with France’s PSA Peugeot Citroen, an Italian daily reported.
Reuters - World stocks rose from this week’s 7-week low on Thursday as banking shares recovered after a heavy sell-off, while European government bonds tumbled on concerns the countries may borrow more to boost the economy.
Reuters - Sony Corp on Thursday forecast a much bigger-than-expected annual operating loss, its first annual loss in 14 years due to a sharp appreciation in the yen, steep price falls and restructuring costs.
Reuters - Citigroup Inc named former Time Warner Inc Chief Executive Richard Parsons as its chairman, the latest high-level personnel change to shake a U.S. bank clobbered by the credit crunch.
Reuters - Apple Inc’s quarterly profit beat expectations on strong iPod and Mac computer sales, and the company gave an outlook that cheered investors, sending its shares up 9.5 percent on Wednesday.
AP - Apple Inc.’s famous veil of secrecy appears to have stretched thin in trying to cover thousands and thousands of Wal-Mart stores.
AP - The Chinese government is stirring trade tensions with Washington with a plan to require foreign computer security technology to be submitted for government approval, in a move that might require suppliers to disclose business secrets.
Reuters - A draft Democratic plan to help the U.S. automakers, obtained by Reuters, says the president would designate one or more officials to oversee the auto rescue plan and restructuring for long-term financial viability of U.S. auto industry.
Reuters - Stocks rallied on Monday, sending the Dow briefly above 9,000, on optimism that President-elect Barack Obama’s plan to invest in a massive infrastructure plan will bolster the economy and on hopes for a rescue plan for automakers.
Reuters - Tribune Co has filed for Chapter 11 bankruptcy protection after struggling under a heavy debt load, according to a court document filed with the U.S. bankruptcy court in Delaware on Monday.
Reuters - More than half of mortgages modified in a bid to avoid foreclosure fell delinquent within six months, a top U.S. banking regulator said on Monday, casting doubt on a proposal to rewrite home loans en masse.
Reuters - A government “car czar” would oversee any bailout of U.S. automakers under proposed terms being negotiated by the White House and Congress for extending up to $17 billion in emergency loans that mainly aim to spare General Motors Corp and Chrysler LLC from bankruptcy.
Reuters - The combination of recession and efforts to jump-start economies can be an investment headache.
AP - It took five mighty shocks to get Cynthia Crawford’s heart to start beating again after she collapsed at Ochsner Clinic a few weeks ago.
AP - The first NFL game broadcast to theaters live in 3-D fumbled, then recovered Thursday night.
AP - Economic meltdown and financial crisis are not phrases you want to hear as you ponder your holiday shopping. But it is possible to find tech-related gifts on a recession-minded budget, be they handy, entertaining or irreverent.
Reuters - Congressional Democrats and the White House have reached agreement on emergency aid for U.S. automakers of between $15 billion and $17 billion, two senior congressional aides said on Friday.
AP - Microsoft Corp. on Thursday tapped a former Yahoo search executive to lead its online push, adding to the intrigue surrounding a possible search partnership between the two rivals.
Reuters - Stocks jumped on Friday as investors bet that a steep drop in oil prices will boost consumer spending, lifting retail stocks and offsetting government data showing half a million jobs were lost in November.
Reuters - U.S. employers axed 533,000 jobs from payrolls in November, the most in 34 years, as the year-old recession hammered the economy and hardened calls for dramatic government action to restore growth.
Reuters - Late mortgage payments and the rate of home loans in foreclosure rose to record highs in the third quarter, threatening to escalate as the recession erases jobs and further strains homeowners, the Mortgage Bankers Association said on Friday.
Reuters - Extending Friday’s rally into next week is a tall order for U.S. stocks, given more data set to show the job market and retail sector are in deep distress and little hope for a respite from dismal corporate outlooks.
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