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Merrill Lynch to write down further $6-8 bln: report 15 Apr 08, 23:26 ET Reuters - Merrill Lynch will announce a further $6 billion to $8 billion of asset writedowns in its quarterly results this week, the Wall Street Journal reported on Wednesday, citing a person familiar with the matter. more 'Professional plaintiff' shareholders - the bane of German business 15 Apr 08, 22:50 ET AFP - "Professional plaintiffs" are a German boss's nightmare. These litigious shareholders pry open legal cracks and launch court battles that often force companies to buy them off with large sums of cash. more Washington Mutual swings to 1Q loss on $3.5B provision 15 Apr 08, 22:13 ET AP - Washington Mutual, the nation's largest savings and loan, said Tuesday it lost more than $1.1 billion in the first quarter as the struggling economy and flagging real estate values pummeled the bank's borrowers. more WaMu investor vote favors a new chair after big loss 15 Apr 08, 20:00 ET Reuters - Washington Mutual Inc shareholders voted on Tuesday to ask Chief Executive Kerry Killinger to give up his role as chairman, after the largest U.S. savings and loan was throttled by losses tied to the nation's sinking housing market. more Intel firm on margin target for year, shares jump 15 Apr 08, 19:11 ET Reuters - Intel Corp on Tuesday affirmed its profit-margin target for 2008, reassuring investors concerned about falling memory chip prices and the impact of a weak U.S. economy, sending its stock up 8 percent. more Airline combos could mean higher prices, fewer choices 15 Apr 08, 18:32 ET AP - Getting hitched may be the right move for Delta and Northwest. But for beleaguered air travelers, it could usher in an era of higher fares, fewer flights, more confusion at the airport and even more crowded planes. more Wholesale prices soared in March 15 Apr 08, 18:31 ET AP - Inflation at the wholesale level soared in March at nearly triple the rate that had been forecast as energy prices kept rising and food costs posted a much bigger jump than anticipated. more Intel 1Q profit declines, hurt by restructuring charges 15 Apr 08, 17:02 ET AP - Intel Corp. says its first-quarter profit declined 12 percent, hurt by charges, but sales grew amid healthy global demand for its processors and chipsets. more Producer inflation mounts, fanned by energy 15 Apr 08, 16:52 ET Reuters - U.S. producer prices advanced sharply last month on higher energy costs, spelling more problems for the economy and lowering the prospects for another steep Federal Reserve interest rate cut. more Windows XP Service Pack 3 Will Come This Month 15 Apr 08, 16:15 ET NewsFactor - Windows XP Service Pack 3 (SP3) will reportedly debut later this month. Tech news outlets are widely reporting that the much-anticipated update will be available on April 29. Microsoft was not immediately available for comment. more Sales Presentations: Tips on Dealing With Anxiety 15 Apr 08, 16:05 ET NewsFactor - All professional salespeople have to be involved in a presentation at some time in their sales career, but when it comes to the enthusiasm that sales professionals have for making a presentation, they broadly fall into four categories: more US subprime losses could total 422 billion dollars: OECD 15 Apr 08, 15:13 ET AFP - Losses because of the financial crisis sparked by the US subprime mortgage crisis could rise as high as 422 billion dollars (267 billion euros), an OECD report said Tuesday. more Brazil's oil giant Petrobras set to grow bigger with new find 15 Apr 08, 15:07 ET AFP - The unconfirmed announcement that Petrobras could be sitting on the fossil fuel find of the century has more than doubled the expectations riding on the state-run Brazilian oil company. more Agreement by Mobile Giants Brings Fast LTE Closer 15 Apr 08, 11:36 ET NewsFactor - Long-Term Evolution (LTE) has taken another step toward long-term stability. Seven major telecommunications companies announced Monday that they have reached an agreement on a mutual framework for licensing intellectual-property rights relating to 3GPP LTE, the next step after 3G in the evolution of mobile-phone technology. more Insight: Darker days lie ahead but no depression 15 Apr 08, 11:35 ET FT.com - The Federal Reserve has belatedly recognised that investment banks, hedge funds and other non-deposit-taking financial institutions are as vital as banks to both the financial and "real" economies. more US health official plans for food, drug inspectors in China 15 Apr 08, 11:07 ET AP - U.S. food and drug regulators will start working in China next month once Beijing gives its final approval, the top U.S. health official said Tuesday. more Ball’s Food Stores Keep the Online Profits Rolling 15 Apr 08, 10:49 ET PRWeb - Ball’s Food Stores Join MyWebGrocer to Launch Online Grocery Services. more Infected USB Devices on the Rise 15 Apr 08, 10:36 ET NewsFactor - You can plug lots of handy items into your computer's USB port, from mobile storage devices to printers. If you're not careful, you can also plug in a piece of malware, as well. That threat is growing rapidly: One USB-borne piece of malware known as INF/Autorun has been at the top of the threat charts two months in a row. more Delta and Northwest Agree to Merge 15 Apr 08, 08:08 ET BusinessWeek Online - The combination of Delta Air Lines and Northwest Airlines creates the world's largest airline and will quickly test the theory that a bigger carrier can effectively confront record fuel prices. Employees will own a nearly 8% stake in the new carrier. But most jarring for current investors will be the matter of costs: The airlines do not plan to close any of their current seven domestic hubs, or to lay off any "frontline" people on an "involuntary" basis, according to a memo sent Apr. ... more A Taxing History 15 Apr 08, 08:08 ET BusinessWeek Online - The year is 1865. Andrew Carnegie steps out of his carriage sporting a gold watch. At home in Carnegie's Pennsylvania estate, his grandchildren bang on a custom-made piano. Things are quite comfortable for the Carnegie family. And why not? The steel baron and later philanthropist would earn $84,000 that year -- the equivalent of about $2 million today. more Ten reasons to like U.S. equities: BlackRock 15 Apr 08, 06:20 ET Reuters - BlackRock, the giant U.S. investment fund with some $1.36 trillion in assets under management, reckons the banking crisis is not over and companies are delaying expansion plans and in some case cutting spending. more Foreclosures jump 57 percent in last 12 months 15 Apr 08, 05:26 ET Reuters - Home foreclosure filings surged 57 percent in the 12 month-period ended in March and bank repossessions soared 129 percent from a year ago, as homeowners struggled to make mortgage payments, real estate data firm RealtyTrac said on Tuesday. more US foreclosure filings jump in March 15 Apr 08, 05:12 ET AP - The onslaught of homes facing foreclosures has yet to ebb, a research report showed Tuesday, with bank repossessions skyrocketing last month as more troubled homeowners mailed in their keys and walked away. more Oil rises to trading record above $112 15 Apr 08, 00:54 ET AP - Oil prices rose to an intraday trading record above $112 a barrel Tuesday after the U.S. dollar fell further and crude supplies to the U.S. and elsewhere were disrupted. more

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