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    Business Headlines
    EU stumbles on buying Microsoft alternatives (Reuters)

    Microsoft Corp Chairman Bill Gates speaks during a news conference in Tokyo May 7, 2008. (Yuriko Nakao/Reuters)Reuters - The European Commission, a thorn in Microsoft's side for its antitrust campaigns against the software giant, is falling short in its own internal attempt to promote more competition in the technology sector.


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    Tue, 17 Jun 2008 08:05:23 GMT - Yahoo! News: Business
    U.S. wants to keep options open on dollar: Watanabe (Reuters)

    Dollar bills are displayed in Toronto in this posed photo, March 26, 2008. (Mark Blinch/Reuters)Reuters - The United States probably wants to leave open the option of dollar-buying intervention as a tool to temper inflation, since it could be hard to raise interest rates as the economy slows, Japan's former currency tsar said on Tuesday.


    -- read full article
    Tue, 17 Jun 2008 06:35:05 GMT - Yahoo! News: Business
    Yahoo says mobile search service reaches 600 million (Reuters)

    Yahoo Inc's mobile phone product 'Yahoo! Go' loads on a phone in California May 5, 2008. Yahoo said on Tuesday that its mobile search service will be offered by six more telecom companies in Asia. (Mike Blake/Reuters)Reuters - Internet media firm Yahoo Inc said on Tuesday that its mobile search service will be offered by six more telecom companies in Asia.


    -- read full article
    Tue, 17 Jun 2008 08:20:29 GMT - Yahoo! News: Business
    SocGen and Rockefeller in global private banking deal (Reuters)

    The entrance to the headquarters of French bank Societe Generale is seen in La Defense, outside Paris, January 24, 2008. (Benoit Tessier/Reuters)Reuters - Societe Generale and wealth management company Rockefeller Financial Services Inc announced a global alliance on Tuesday in the private banking sector.


    -- read full article
    Tue, 17 Jun 2008 06:44:04 GMT - Yahoo! News: Business
    May PPI seen up 1.0 percent on crude costs (Reuters)

    A truckload of corn is dumped into a chute at the Lincolnway Energy plant in the town of Nevada, Iowa, December 6, 2007. (Jason Reed/Reuters)Reuters - Record-high crude oil costs sent wholesale inflation soaring in May, but a key gauge of underlying price pressures likely moved ahead at a slower pace than the month before, according to a Reuters poll.


    -- read full article
    Tue, 17 Jun 2008 07:25:34 GMT - Yahoo! News: Business
    Nikkei up 1.2 pct as soft yen buoys exporters (Reuters)

    A woman is reflected on a stock quotation board displaying the Nikkei share average outside a brokerage in Tokyo June 13, 2008. (Toru Hanai/Reuters)Reuters - Japan's Nikkei stock average rose 1.2 percent on Monday, as exporters such as Kyocera Corp (6971.T) rose on a weaker yen and after U.S. data eased concerns on Wall Street about inflation and a near-term rise in interest rates.


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    Mon, 16 Jun 2008 01:04:34 GMT - Yahoo! News: Business
    NY factories produce dour news (Reuters)
    Reuters - The sickly U.S. factory sector produced more bad news on Monday, with a gauge of manufacturing in New York state contracting in June for the fourth time in five months. -- read full article
    Mon, 16 Jun 2008 18:51:26 GMT - Yahoo! News: Business
    Lehman loss matches forecast -- $2.8 billion (Reuters)

    An employee walks in a lift lobby at the Lehman Brothers office in Singapore. (Vivek Prakash/Reuters)Reuters - Investment bank Lehman Brothers Holdings Inc posted a quarterly loss of $2.8 billion on Monday, matching its forecast, after recording massive trading and hedging losses.


    -- read full article
    Mon, 16 Jun 2008 13:43:44 GMT - Yahoo! News: Business
    Sirius, XM shares rise as deal nears completion (Reuters)

    A woman walks past the waiting area of the XM Satellite Radio building after the U.S. Justice Department approved that Sirius Satellite Radio's $4.59 billion purchase of rival XM Satellite Radio would be given antitrust clearance in Washington, March 25, 2008. (Larry Downing/Reuters)Reuters - Sirius Satellite Radio Inc's planned acquisition of rival XM Satellite Radio Holdings Inc on Monday moved closer to consummation after a key U.S. regulator expressed support for the 16-month-old deal, driving up both companies' shares.


    -- read full article
    Mon, 16 Jun 2008 17:02:58 GMT - Yahoo! News: Business
    Policymakers declare inflation top threat (Reuters)

    South Korean President Lee Myung-bak (top) speaks during the 2008 ASEM Finance Ministers' Meeting in Seogwipo on Jeju Island June 16, 2008. (Kim Ho-cheon/Yonhap/Reuters)Reuters - Policy- makers around the globe declared soaring inflation a top threat on Monday, with pressure rising for central bank interest rate increases amid protests against higher costs of living.


    -- read full article
    Mon, 16 Jun 2008 18:14:56 GMT - Yahoo! News: Business
    AIG's new chief reaches out to former CEO Greenberg (Reuters)

    American International Group's new Chief Executive Robert Willumstad poses in an undated handout photo. (AIG/Handout/Reuters)Reuters - American International Group Inc Chairman Robert Willumstad said one of the first things he did after being named chief executive was to reach out to former CEO Maurice (Hank) Greenberg, a large AIG shareholder who has had an acrimonious relationship with the insurer since leaving three years ago.


    -- read full article
    Mon, 16 Jun 2008 15:54:47 GMT - Yahoo! News: Business
    Retreating oil price boosts Dow, Nasdaq (Reuters)

    A worker fuels an aircraft at Reagan National Airport in Arlington, Va., on June 14, 2008. Oil prices continued to batter the struggling airline sector, rising at one point to a new record near $140 a barrel. Light, sweet crude for July delivery soared to a trading record of $139.89 before retreating to trade up $2.10 at $136.96 a barrel on the New York Mercantile Exchange. (AP Photo / Brian McDermott)Reuters - The Dow briefly turned positive on Monday and the Nasdaq rose more than 1 percent as oil prices reversed an earlier climb, providing investors with some comfort following data that revived concerns about the economy.


    -- read full article
    Mon, 16 Jun 2008 17:51:20 GMT - Yahoo! News: Business
    European stocks slide amid focus on heavyweights (AFP)

    A stock trader observes the developments in the stock market in Frankfurt. European equity prices dropped as oil and mining majors lost ground, but losses were limited by gains to banking share prices(AFP/DDP/File/Thomas Lohnes)AFP - European equity prices dropped on Friday as oil and mining majors lost ground, but losses were limited by gains to banking share prices, traders said.


    -- read full article
    Fri, 13 Jun 2008 11:49:44 GMT - Yahoo! News: Business
    Honda rolls latest fuel-cell car off assembly line (Reuters)

    Honda's FCX Clarity fuel cell vehicle is unveiled during the Los Angeles Auto Show in Los Angeles, California November 14, 2007. (Danny Moloshok/Reuters)Reuters - Honda Motor Co (7267.T) kicked off production on Monday of its newest fuel-cell car, as the automaker gears up for the battle to dominate the market for next-generation vehicles.


    -- read full article
    Mon, 16 Jun 2008 08:46:31 GMT - Yahoo! News: Business
    Japan police arrest 4 in Lehman loan scam case (Reuters)

    The exterior of the world headquarters for Lehman Brothers can be seen in New York, May 19, 2008. (Lucas Jackson/Reuters)Reuters - Japanese police have arrested four men on suspicion of defrauding U.S. investment bank Lehman Brothers by using fake documents carrying trading firm Marubeni Corp's (8002.T) letterhead, a police spokesman said.


    -- read full article
    Mon, 16 Jun 2008 07:25:33 GMT - Yahoo! News: Business
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