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April auto sales plunge 14 percent 1 May 08, 21:27 ET Reuters - U.S. auto sales fell 14 percent to their lowest annual rate in a decade in April as weak consumer confidence and rising gas prices hit the industry's most profitable vehicles hardest. more Canon says to invest $575 mln in new U.S. plant 1 May 08, 21:09 ET Reuters - Japan's Canon Inc, a leading printer and copier maker, said on Friday it would invest 60 billion yen ($575 million) to build a new toner cartridge plant in the United States, prompting its shares to rise as much as 4.4 percent. more Merck extends deadline for Vioxx settlement 1 May 08, 18:53 ET Reuters - Merck & Co said on Thursday at least 94 percent of eligible U.S. claimants have elected to participate in its $4.85 billion proposed Vioxx settlement, and the drugmaker extended the deadline for the remainder to join in. more Dollar rises to highest level against euro since March 1 May 08, 18:13 ET AFP - The dollar shot to its highest level against the euro since late March on Thursday on a better-than-expected reading on manufacturing activity and growing speculation of steady US interest rates. more For $$, AT&T Lets You Squint at TV on Your Cell Phone 1 May 08, 17:55 ET NewsFactor - Would Dick Tracy watch TV on his wristwatch? AT and Verizon hope so. AT Mobile TV is the latest offering in what the telcos hope is an emerging market for cell phones -- and the subscription fees that come with them. more Exxon Mobil 1Q profit up 17 pct, Marathon edges up 2 percent 1 May 08, 17:33 ET AP - Don't expect motorists to sympathize, but Exxon Mobil Corp. says gasoline prices didn't do it any favors in the first quarter. more April auto sales slump as truck sales plunge 1 May 08, 17:31 ET Reuters - U.S. auto sales fell to their lowest annual rate in more than 15 years in April as weak consumer confidence and rising gas prices hit the industry's most profitable vehicles hardest. more Sun Micro cutting up to 2,500 jobs 1 May 08, 17:11 ET Reuters - Sun Microsystems Inc said on Thursday it would cut 1,500 to 2,500 jobs in the face of U.S. economic weakness and delays in orders from some customers. more Adobe Builds Open Screen for a Consistent Web View 1 May 08, 16:42 ET NewsFactor - Adobe Systems, together with Intel, LG Electronics, Motorola, Nokia, Qualcomm, Samsung Electronics, Sony Ericsson, Verizon Wireless and others, is behind a new Open Screen Project that seeks to create a runtime environment capable of delivering a consistent Web experience across a variety of operating systems and consumer electronics devices. more GM forms second partnership with ethanol startup 1 May 08, 16:40 ET AP - General Motors Corp. said Thursday it has taken an ownership stake in a renewable energy company that is working to develop ethanol from wood chips, waste paper sludge and switch grass. more Wall Street rallies on tech and dollar rebound 1 May 08, 16:24 ET Reuters - Stocks rose on Thursday as a rebound in the dollar and retreating oil prices calmed fears about inflation, renewing investors' appetite for riskier assets, including undervalued technology shares. more Airlines slow down flights to save on fuel 1 May 08, 15:24 ET AP - Drivers have long known that slowing down on the highway means getting more miles to the gallon. Now airlines are trying it, too - adding a few minutes to flights to save millions on fuel. more Bernanke suggests student lender subsidies review 1 May 08, 14:50 ET Reuters - The chairman of the Federal Reserve has suggested that Congress revisit the issue of government subsidies to student loan providers, according to an April 25 letter made public on Thursday. more GM, Ford US sales down, Toyota up as gas prices rise 1 May 08, 14:32 ET AP - General Motors and Ford saw double-digit U.S. sales declines but Toyota's sales edged up 3 percent in April as high gas prices accelerated consumers' rush away from trucks and sport utility vehicles. more More women charge Bloomberg LP with discrimination 1 May 08, 13:18 ET Reuters - The number of pregnant women at news and financial data company Bloomberg LP who claim to have suffered sex discrimination has grown to 58 from three, an attorney for the U.S. Equal Employment Opportunity Commission said on Thursday. more Rates on 30-year mortgages rise to highest level in 7 weeks 1 May 08, 13:08 ET AP - Rates on 30-year mortgages remained above 6 percent, edging up to the highest level in seven weeks and reflecting continued financial market concerns about inflation. more Terminal operators say West Coast cargo traffic halted 1 May 08, 13:03 ET AP - Terminal operators say West Coast cargo traffic has come to a halt as port workers stage daylong anti-war protests. more UBS to unveil job cut plans Tuesday: sources 1 May 08, 11:32 ET Reuters - Swiss bank UBS , Europe's biggest casualty of the credit crisis, will announce plans for job cuts on Tuesday when it releases quarterly results, sources familiar with the matter said on Thursday. more Thomson Reuters revenue climbs 15 percent 1 May 08, 11:08 ET AFP - Thomson Reuters, a new leading provider of financial data, said Thursday that its revenue and profit rose 15 percent in the first quarter, sending the group's share price soaring in London. more Sun Offers Support, Tools to Expand OpenStorage 1 May 08, 10:48 ET NewsFactor - In its continuing efforts to build support for its OpenStorage system, Sun Microsystems announced that it will provide new software tools and expanded professional support to assist developers in building open-source storage solutions. With the new resources, Sun estimates the average developer will be able to set up an OpenSolaris server is about 10 minutes. more Home Depot to close 15 stores, curb openings 1 May 08, 10:41 ET Reuters - Retailer Home Depot Inc , which has been battered by the slumping housing market, said on Thursday it plans to close 15 underperforming U.S. stores and will curb future store openings, sending its shares up 2 percent. more CVS Caremark posts higher first-quarter profit 1 May 08, 10:39 ET Reuters - CVS Caremark Corp posted quarterly profit in line with analysts estimates on Thursday, as the addition of Caremark's pharmacy benefits business helped offset the impact of lower-priced generic drugs on drugstore sales. more Construction activity tumbles in March 1 May 08, 10:11 ET AP - Construction spending dropped sharply in March, with housing activity plunging by the largest amount on record. more Home Depot to close 15 US stores, cites poor performance 1 May 08, 09:48 ET AP - The Home Depot is closing 15 of its namesake stores, affecting 1,300 employees. It is the first time the home improvement retailer has ever closed a flagship store for performance reasons. more Thomson Reuters posts quarterly operating profit 1 May 08, 09:47 ET Reuters - Global news and information company Thomson Reuters Corp posted an operating profit for the first quarter on Thursday, and forecast 2008 revenue growth of 6 percent to 8 percent, pushing its shares up 5 percent. more Exxon Mobil 1Q profit up 17 pct, Wall Street expected more 1 May 08, 09:36 ET AP - Exxon Mobil Corp., the world's largest publicly traded oil company, said Thursday record crude prices helped its net income grow 17 percent in the first quarter, but the results came in below Wall Street forecasts. more Home Depot to close 15 stores, curb store openings 1 May 08, 09:29 ET Reuters - Retailer Home Depot Inc , which has been battered by the slumping U.S. housing market, on Thursday said it plans to close 15 underperforming stores and said it will curb future store openings. more Jobless claims jump but consumer spending up 1 May 08, 09:14 ET Reuters - The number of workers applying for jobless benefits surged last week in gloomy news for the labor market, but personal spending in March was stronger than expected, government data on Thursday showed. more Consumer spending up but much of gain reflects higher prices 1 May 08, 09:11 ET AP - Soaring prices for food, gas and other everyday products pushed up consumer spending to a faster pace than expected in March. more Tyco Int'l 2Q profit falls on discontinued operations 1 May 08, 08:54 ET AP - Tyco International Ltd. said Thursday its fiscal second-quarter profit tumbled 67 percent, as it had substantial profits from now-discontinued operations a year ago. more Wall Street heads to higher open amid slew of earnings 1 May 08, 08:39 ET AP - Wall Street headed to a mixed opening Thursday on a slew of earnings reports and economic news. more Jobless claims surge 1 May 08, 08:38 ET AP - The number of newly laid off workers filing claims for unemployment benefits soared last week. more Exxon profit disappoints even with record oil 1 May 08, 08:36 ET Reuters - Exxon Mobil Corp on Thursday posted disappointing first-quarter earnings, as record crude oil prices did not help the company as much as investors hoped. more Kodak posts narrower 1Q loss, sales edge up 1 May 08, 08:28 ET AP - Eastman Kodak Co. said Thursday its first-quarter loss narrowed to $115 million as it chases a bigger stake in digital photography. more Wyndham Worldwide profit falls, holds forecast 1 May 08, 08:15 ET Reuters - Wyndham Worldwide Corp , the world's No. 2 hotel group by rooms, said on Thursday first-quarter profit fell as growth in its economy hotel business was offset by a one-time charge related to the rebranding of its timeshare operations. more Comcast 1Q profit falls 12 pct, customer cable spending up 1 May 08, 08:12 ET AP - Comcast Corp. on Thursday reported a 12.5 percent decline in first-quarter profits from a year ago, when the company's earnings were inflated by a $300 million one-time gain. more Nissan's Ghosn sees U.S. market stabilizing in 2009-10 1 May 08, 07:38 ET Reuters - Nissan Motor Co (7201.T) Chief Executive Carlos Ghosn said on Thursday that the U.S. auto market could stabilize in 2009-2010, but the industry would rely mostly on emerging markets to expand. more Disney takes over Disney Stores from Children's Place 1 May 08, 07:34 ET AP - Walt Disney Co. said Thursday it has taken over the Disney Store chain in North America from Children's Place Retail Stores, and will close about 98 stores U.S. and two in Canada. more Layoffs rise 68 percent in April vs March: survey 1 May 08, 07:33 ET Reuters - U.S. companies' planned layoffs jumped 68 percent in April from the prior month to the highest since September 2006, pointing to further deterioration in the labor market, a report showed on Thursday. more Tyco International quarterly profit tops estimates 1 May 08, 06:59 ET Reuters - Tyco International Ltd reported higher-than-expected quarterly earnings from continuing operations and raised its full-year forecast on Thursday, as four of its five divisions reported double-digit profit increases. more Tyco Int'l quarterly operating profit rises 1 May 08, 06:28 ET Reuters - Tyco International Ltd reported higher quarterly profits from continuing operations on Thursday as four of the industrial conglomerate's five divisions, including its ADT security unit, posted double-digit increases in operating income. more Cigna posts sharply lower 1Q profit on hefty losses, charges 1 May 08, 06:21 ET AP - Health insurer Cigna says first-quarter profit dropped 80 percent due to hefty reinsurance losses and litigation charges, and says full-year earnings may miss expectations amid challenges in its health care segment. more The Production Team, London Reports James Bond Offered "Lucky" Goldfinger 1 May 08, 03:05 ET PRWeb - James Bond production halted amid fears of a curse. Filming of the new James Bond film Quantum of Solace was suspended yesterday after the movie set suffered its 3rd crash in 5 days ... but help is on hand from a psychic with the Midas Touch. more MOMocrats Exclusive Interview with Barack Obama 1 May 08, 03:01 ET PRWeb - MOMocrats step up where mainstream media and traditional debates let the American public down "Things we wish they'd asked in the debates." more Los Angeles law Firm Promotes "Sharing the Road" with Motorcycles by Joining with State and Federal Partners 1 May 08, 03:01 ET PRWeb - The month of May 2008 has been declared Motorcycle Safety Awareness month and the law firm of Slaughter & Slaughter has joined the efforts to promote motorcycle accident prevention and safety more Costs, weaker economy drive Las Vegas Sands to 1Q net loss 1 May 08, 00:18 ET AP - Las Vegas Sands Corp. plans to win back gamblers in Macau and is banking on strong growth from its new resort in Las Vegas after intense competition abroad and dwindling tourism at home led the casino giant to an $11.2 million loss in the first quarter. more Oil rises more than $1 as dollar drops after Fed rate cut 1 May 08, 00:16 ET AP - Oil prices rose by more than $1 a barrel in Asian trading Thursday as the dollar weakened after the U.S. central bank cut its key interest rate. more

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