AP - Google Inc. stepped on its Internet search accelerator Wednesday with a new feature that displays results as soon as people begin typing their request.
AFP - British mobile phone giant Vodafone lost a legal appeal Wednesday against an Indian tax bill estimated to be 2.0 billion dollars relating to the group's 2007 purchase of local group Hutchison Essar.
Reuters - The Federal Reserve observed "widespread signs" that economic growth had eased in the six weeks through the end of August, it said on Wednesday in a report suggesting the recovery was faltering along the East Coast and the Midwest.
AP - Amazon.com Inc., seeking to expand its position in the music download market against rivals like Apple Inc.'s iTunes Store, has purchased online music retailer Amie Street for an undisclosed amount.
AP - In an internal report released Wednesday, BP blames itself, other companies' workers and a complex series of failures for the massive Gulf of Mexico oil spill and the drilling rig explosion that preceded it.
AP - Ten people have been arrested in raids across Europe against computer pirates who put illegal copies of movies and television series on the Internet, Belgian police said Wednesday.
AP - Ireland plans to split its most troubled financial institution, Anglo Irish Bank, in two as part of wider efforts to reassure international lenders that the Irish are taking control of their debt crisis.
Reuters - Google Inc unveiled a set of enhancements to its Internet search engine on Wednesday that predict search queries as users type, promising to speed up the time it takes to find information online.
Reuters - A BP Plc investigation of the Gulf of Mexico disaster played down the company's role in the world's worst offshore oil spill, seeking to share the blame with its contractors.
AP - Oracle Corp. plans to pay newly appointed co-President Mark Hurd a base salary of $950,000 annually and said the ousted Hewlett-Packard Co. CEO is eligible for a target bonus of $5 million in the current fiscal year.
Reuters - The Standard & Poor's 500 index rose more than 1 percent in afternoon trading on Wednesday, while the Dow and Nasdaq added to gains as worries about Europe's banking system decreased, easing risk aversion.
AP - Microsoft Corp. and the chief rules enforcer for Xbox Live are apologizing to a small West Virginia town and a 26-year-old gamer accused of violating the online gaming service's code of conduct by publicly declaring he's from Fort Gay — a name the company considered offensive.
Appolicious - Google’s been revealing some insight to its ongoing research, the latest being real-time speech translation for Android. You speak to your phone in your native tongue, and the phone will speak back in the language to which you’re translating.
Macworld.com - If it seems like it was only last month that Calvetica debuted as a unique, clean, and Helvetica-ized alternative to the iPhoneâs built-in Calendar app, thatâs because it was. Mysterious Trousers, Calveticaâs developer, listened to user requests, and itâs already back with a major 2.0 upgrade.
AFP - Police shut down 49 servers and detained 10 people in a Europe-wide raid in 13 countries against an online film pirating network, the Belgian prosecutor's office said Wednesday.
The Upshot - Last week, a Washington Post columnist started a Twitter hoax. This week, a Washington Post columnist fell for one. Jonathan Capehart, an editorial writer and columnist, took "@RepJackKimble (R-Calif.)"Â Â to task Monday for tweeting that "Bush fought 2 wars without costing taxpayers a dime." Capehart responded in a blog post that President Bush advocated for "two [...]
AFP - The European Union said Wednesday it had suspended a request at the World Trade Organization for the right to impose sanctions on Washington over a controversial US anti-dumping calculation.
AP - Smithfield Foods Inc. said Wednesday higher selling prices for pork and improvement in hog market prices helped it return to a profit in its fiscal first-quarter.
AP - MORTGAGE APPLICATIONS SLIP: Applications for home loans dipped last week as mortgage rates ticked up slightly from the lowest level in decades, according to the Mortgage Bankers Association.
Reuters - Stubbornly high unemployment and signs of persistent weakness in the housing market have prompted economists to further cut their outlook for U.S. growth in the second half of the year, a Reuters poll showed on Wednesday.
U.S. News & World Report - Defaults in the municipal bond market can happen, as some investors recently discovered. Municipal bonds, which are generally some of the safest investments, are issued by states, municipalities, or counties, and are usually exempt from federal, state, and local taxes. Muni defaults--such as those on bonds issued this year in Jefferson County, Ala., and Harrisburg, Pa.--are not common, but in an era of budget cuts and lower revenues, it's important for investors to be aware of the risks. Here are a few general rules for muni investors to follow:
Reuters - Women's clothing retailer Talbots Inc posted lower-than-expected quarterly sales and its shares fell 11.6 percent as efforts to keep inventory lean and preserve margins left it short of items to sell.
Colorblends Wholesale Flowerbulbs, the innovator in blending tulips, daffodils, crocuses and other bulbs for foolproof spring displays, recently introduced its 200th new Colorblend selection in its 2010 wholesale print catalog and website colorblends.com.
AP - PriceSmart Inc.'s revenue climbed in August as customers continued to seek bargains on basic items at the company's warehouse clubs amid a soft economy.
AP - Connecticut Attorney General Richard Blumenthal and national nonprofit organizations said Tuesday they want Craigslist to be "a model for good policy" and officially get rid of its adult services section globally.
LEADING Irish wholesale and distribution firm, the Barry Group officially opened a €1.5 million extension to its state-of-the-art central distribution base in north Cork yesterday.
AP - Stocks closed lower Tuesday following new worries about Europe's debt problems. News reports said European banks may have more risky government debt on their books than was disclosed during "stress tests" earlier this year. That could mean fees from regulators and more capital-raising by the banks to bolster their balance sheets.
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. ...
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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.
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.
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.
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.