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.
AP - Oracle plans to pay newly appointed President Mark Hurd a base salary of $950,000 a year. The company also says the former Hewlett-Packard Co. CEO, who was ousted by that company last month, is eligible for a fiscal 2011 bonus of as much as $10 million.
AP - In a landmark ruling Wednesday, an Indian court said Vodafone Group Plc is liable for an estimated $2.6 billion in taxes for its 2007 acquisition of one of India's largest mobile phone companies.
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.
Reuters - BP shifted much of the blame for a rig blast that led to the United States' worst-ever oil spill onto its contractors Transocean and Halliburton.
AP - Shares in BP PLC tracked slightly higher after the release of an internal report on the disastrous oil spill in the Gulf of Mexico that deflects much of the blame onto rig owner Transocean Ltd. and contractor Halliburton Co.
Reuters - President Barack Obama will push billions of dollars in new business tax incentives and spending on big construction projects on Wednesday, as he tries to convince a balky Congress to pass measures intended to spur the economy and create jobs.
AP - Smithfield Foods Inc. says higher selling prices for pork and improvement in hog market prices helped it return to a profit in its fiscal first-quarter.
PC World - Hewlett-Packard on Wednesday announced a low-cost, entry-level server for small businesses that bundles advanced features in a small package.
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.
Reuters - Stock index futures rose on Wednesday tracking a turnaround in European stocks and ahead of comments from the Federal Reserve on the state of the economy.
Reuters - Women's clothing retailer Talbots Inc posted a higher-than-expected quarterly profit as tighter inventory management boosted its margins, but its shares fell as sales missed Wall Street forecasts.
Reuters - No. 2 U.S. tax-preparer Jackson Hewitt Tax Service Inc posted a narrower-than-expected quarterly loss, as a drop in total expenses offset the decline in revenue.
Reuters - Salesforce.com will offer mobile versions of its Chatter tool for social networking inside companies from later this year as it seeks to make its software more ubiquitous and its customers more productive.
AP - Swisscom AG announced Wednesday it will buy all outstanding shares in its Italian telecoms unit Fastweb SpA, which has been rocked by a money-laundering probe, for a total of euro256 million ($326 million).
Macworld.com - Extensis has announced Portfolio Server 9.5, a new version of its Digital Asset Management (DAM) software, designed to help small businesses and corporate teams quickly locate and access large collections of photos, graphics, documents, and videos.
Reuters - Foster's Group Ltd , Australia's largest brewer, rejected a private equity offer worth up to $2.5 billion for its wine business as too cheap, sending its shares up as much as 6 percent on hopes of higher bids.
PC World - Norton on Wednesday announced its 2011 versions of its Norton Internet Security suite and Norton Antivirus software. Norton also announced a new application--Norton Power Eraser--that is designed to remove the increasingly common fake antivirus malware.
Mashable - Amie Street, the online music community and store Amazon has invested in back in August 2007, has now been acquired by Amazon for an undisclosed amount. Starting with September 22 this year, all AmieStreet.com pages will be forwarded to Amazon.com.
PC World - Just under two-thirds of all Internet users have been hit by some sort of cybercrime, and while most of them are angry about it, a surprisingly large percentage feel guilt too, according to a survey commissioned by Symantec.
Mashable - Nokia has announced an official launch date and pricing for its Symbian^3 smartphone, the Nokia N8. The device will be available at the Nokia Online Shop "during the last week of September," and it will appear in UK's physical stores on October 1.
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.
AFP - The United States said Tuesday it has requested 50,000 dollars in emergency aid for flood-hit Guatemala and reprogrammed another 4.38 million dollars in economic aid for recovery efforts.
AP - For a dozen years, Google Inc. has been occasionally swapping its everyday logo for a "doodle," a sketch celebrating holidays, inventions, artists and sporting events, and showcasing designs from contest-winning students.
AP - The Obama administration is trying to jump-start its sputtering attempts to tackle the foreclosure crisis with an effort to assist homeowners who owe more on their properties than their homes are worth.
The Motley Fool - The bears and bulls were battling as ferociously as ever over the past month. Let's dive right into the debate, through the words of some of the world's greatest investors.
Appolicious - Android continues to poach away market share from the iPhone and other mobile platforms, now accounting for 25 percent of mobile operating systems in North America. That’s a 2 percent increase, month-over-month, and an 18.6 percent increase year-over-year.
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.