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Continental, Southwest will cut growth to handle fuel spike 17 Apr 08, 23:12 ET AP - High fuel costs that helped drive some marginal airlines into bankruptcy this spring are also taking a toll on two of the nation's healthiest carriers. more AMD posts sixth straight quarterly net loss 17 Apr 08, 19:37 ET Reuters - Advanced Micro Devices Inc posted its sixth consecutive quarterly net loss on Thursday as the chip maker continued to lose market share to far larger rival Intel Corp . more State officials probing auction-rate market 17 Apr 08, 18:57 ET Reuters - New York's attorney general and securities regulators in several U.S. states are probing auction-rate securities and the role Wall Street firms had in enticing investors into the troubled $330 billion market. more Google Opens Optimizer as Yahoo Offers Traffic Analysis 17 Apr 08, 18:49 ET NewsFactor - It's a busy time in the world of Web analytics. On Wednesday at the ad:tech conference in San Francisco, Google announced its free Website Optimizer is available to anyone. This comes on the heels of last week's announcement of Yahoo's acquisition of IndexTools, a major provider of Web analytics software for online marketing. more Fed hawks Lacker, Fisher warn on inflation 17 Apr 08, 18:12 ET Reuters - Two top Federal Reserve officials warned on Thursday against the risks of inflation, in remarks that underscored the existence of a hard wing of policy-makers who oppose further interest rate cuts. more Investment firms pull back on borrowing 17 Apr 08, 17:46 ET AP - Big Wall Street investment companies are reducing their borrowing from the Federal Reserve's emergency lending program, a sign that credit problems may be easing. more US Airways pilots dump ALPA, form new union 17 Apr 08, 17:39 ET Reuters - Pilots at US Airways Group have voted to leave the Air Line Pilots Association (ALPA) and form a separate union, ALPA said on Thursday. more NY AG also probes auction rate debt: source 17 Apr 08, 16:47 ET Reuters - UBS AG has received subpoenas from New York attorney general Andrew Cuomo on how it handled auction rate debt, a $330 billion market that seized up in late January, a source who had seen the document said on Thursday. more Red Hat Drops Consumer Desktop Linux 17 Apr 08, 16:34 ET NewsFactor - Red Hat is dropping its consumer Linux desktop. That makes sense, analysts said, because the desktop is not Red Hat's core strength. Red Hat develops Linux-based software and solutions for enterprises. more FCC Looks at Network Management -- Without Comcast 17 Apr 08, 16:33 ET NewsFactor - The Federal Communications Commission continued its Net-neutrality road show Thursday with a seven-hour hearing at Stanford Law School in the heart of Silicon Valley. The FCC held a similar hearing at Harvard Law School in Cambridge, Mass., in February, in which cable giant Comcast was castigated for its network-management activities. more Google profit beats forecasts, shares jump 17 Apr 08, 16:30 ET Reuters - Google on Thursday posted a better-than-expected profit, defying fears the company is facing an Internet advertising slowdown and sending its shares past the $500 mark in extended trade. more Teens turn to thrift as jobs vanish and prices rise 17 Apr 08, 15:30 ET AP - The souring job market and rising costs of the usual teenage indulgences - a slice of pizza, a drive to the mall, the hottest new jeans - are causing teens to do something they rarely do: be thrifty. more Harley-Davidson cuts shipments, jobs at 1Q profit skids 17 Apr 08, 15:29 ET AP - Harley-Davidson Inc., which has been slowing down for the past few years, has hit a serious rough patch as even its upwardly mobile customer base thinks twice about dropping thousands of dollars on a classic motorcycle. more Observers Fear Mac Cloner May Not be Legitimate 17 Apr 08, 15:28 ET NewsFactor - The mysterious company that claims to be selling a clone of Apple Macintosh computers posted a message on its Web site Thursday proclaiming that it is a legitimate company -- and that its credit-card processor has been unable to handle a flood of orders. But many bloggers and observers suspect the company may be a fraud and warned consumers to stay away. more Bouton to stay Societe Generale chairman, loses CEO post: bank 17 Apr 08, 15:06 ET AFP - French bank Societe Generale, hit by a massive rogue trading scandal four months ago, said Thursday that Daniel Bouton would be replaced as chief executive but would retain his position as chairman. more SNL Kagan Study Sees Growth in Latin American DTH and IPTV 17 Apr 08, 15:00 ET PRWeb - Investments by Telefónica and Telmex expected to encourage digital pay-TV rollouts in 2008. more US Airways pilots oust union over seniority issues 17 Apr 08, 14:49 ET AP - Frustrated by an internal dispute over seniority, US Airways pilots on Thursday ousted their union of 59 years and agreed to be represented by another group. more Don't inflate out of financial mess: Fed's Fisher 17 Apr 08, 13:56 ET Reuters - Trying to solve the financial industry's structural problems with more interest rate cuts would only worsen the situation by raising inflation, Dallas Federal Reserve Bank President Richard Fisher said on Thursday. more Economy sends signals of more weakness to come 17 Apr 08, 13:25 ET AP - Higher unemployment claims and weak readings from two economic indexes reinforced recession worries Thursday. more Soros urges regulation for hedge funds 17 Apr 08, 13:17 ET AFP - Hedge fund pioneer George Soros called on Thursday for regulation of such highly speculative investment vehicles and the banks that lend to them. more Insight: Misplaced bets on the carry trade 17 Apr 08, 13:00 ET FT.com - Earlier this week, I asked a senior executive of one of the world's most troubled investment banks when he had first grasped the meaning of the phrase "super-senior." Sheepishly, he admitted that the moment was last August. more Booming Brazil could be world power soon 17 Apr 08, 12:51 ET AP - Brazil's booming economy is shifting into overdrive, with biofuels and deep-water oil providing energy independence and the government collecting enough cash to irrigate the desert and pave highways across the Amazon. more The Short View: Commodity bull run 17 Apr 08, 12:50 ET FT.com - US economic data continue to be unnerving, money markets keep tightening, financial groups' earnings still show grievous damage - and nothing stops the march of commodities. more Rates on 30-year mortgages unchanged but other rates drop 17 Apr 08, 12:31 ET AP - Rates on 30-year mortgages were unchanged this week but other rates showed declines. more Sallie Mae affirms outlook, warns of "train wreck" 17 Apr 08, 11:21 ET Reuters - Sallie Mae , the largest U.S. student loan company, on Thursday affirmed its 2008 profit forecast, but warned of a "train wreck" in the $85 billion education financing market without urgent government intervention. more Leading economic indicators rise after 5 months of declines 17 Apr 08, 11:18 ET AP - A private business groups says that its index of leading economic indicators rose Thursday, reversing five months of decline. But the indicators are down significantly from a year ago, leaving recession fears festering. more Wall Street treads water on earnings, data 17 Apr 08, 11:10 ET Reuters - Stocks were little changed on Thursday as disappointing earnings from Pfizer and cautious outlooks from eBay and United Technologies offset higher-than-expected results from more Judge dismisses some claims against Take-Two 17 Apr 08, 10:49 ET Reuters - A judge has dismissed several claims accusing Take-Two Interactive Software Inc of misleading shareholders about an installment of its popular "Grant Theft Auto" video game that contained hidden sex scenes and caused a consumer uproar. more Oil steadies after hitting record over $115 17 Apr 08, 10:42 ET Reuters - Oil steadied on Thursday after setting a record high above $115 a barrel earlier in the session as a drop in U.S. gasoline and crude inventories raised concern of tighter supply. more Continental, Southwest earnings hurt by fuel costs 17 Apr 08, 10:11 ET Reuters - Continental Airlines Inc and Southwest Airlines Co , two of the healthiest major U.S. carriers, said on Thursday that record-high fuel costs led to disappointing quarterly earnings and they cut growth plans. more Weekly jobless claims rise more than expected 17 Apr 08, 09:14 ET AP - The number of newly laid off workers filing claims for unemployment benefits last week increased by more than had been expected, reflecting pressure from the weak economy. more Activists want South Korea to withdraw from Kamchatka plan 17 Apr 08, 09:03 ET AP - Russian, U.S. and South Korean activists are appealing to the South Korean government and oil companies to withdraw from a project prospecting for oil near the isolated Kamchatka Peninsula in Russia's Far East. more Wall Street set to open lower after slew of earnings 17 Apr 08, 09:02 ET AP - Wall Street headed for a lower opening Thursday with investors growing more cautious about the nation's financial health as they examined a batch of mixed earnings reports. more Should You Pay Your Student Intern? 17 Apr 08, 08:08 ET BusinessWeek Online - Lisa Nickerson, owner of Nickerson PME, a 10-person marketing and public relations firm in the Boston area, runs a year-round internship program, calling participants "associates" to make sure they don't feel, as she puts it, like "lowly interns." The students, mostly from local colleges, get college credit and work experience, performing tasks like pitching press releases to clients, while Nickerson gets valuable help around the office -- without giving them a paycheck. more Housing: Time to Halt Taxpayer Subsidies 17 Apr 08, 08:08 ET BusinessWeek Online - Homeownership has long been a vibrant part of achieving the American Dream. But these days owning a home is more like starring in a horror flick, perhaps called Nightmare on Main Street. The numbers are frightening. Home prices are falling nationwide, and the foreclosure rate is at record levels. The delinquency rate for subprime adjustable rate mortgages is an astonishing 20%, and the Federal Reserve's home equity measure is at its lowest level in 60 years. Indeed, Moody's Economy. ... more CIT posts loss, cuts dividend 17 Apr 08, 08:08 ET Reuters - CIT Group Inc , a commercial lender hit hard by the credit crunch, posted a quarterly loss on Thursday, said it would sell off chunks of itself and cut its dividend by 60 percent to shore up capital. more Pfizer earnings hurt by generic drugs 17 Apr 08, 07:58 ET Reuters - Pfizer Inc on Thursday reported a worse-than-expected decline in first-quarter earnings after declining sales of cholesterol fighter Lipitor and medicines now facing generic competition, sending shares down almost 4 percent. more Merrill Lynch posts steep first-quarter loss on write-downs 17 Apr 08, 07:51 ET AP - Merrill Lynch & Co., the world's largest brokerage, on Thursday said it would cut 4,000 jobs after more than $6 billion fresh write-downs pushed it to a loss for the first quarter. more Harley cuts guidance; to slash output 17 Apr 08, 07:47 ET Reuters - Harley-Davidson Inc warned on Thursday that it would report full-year earnings well below previous forecast, slash production of its iconic motorcycles and lay off hundreds of workers as the U.S. economic slowdown crimps demand for its pricey products. more Southwest Air net falls 17 Apr 08, 07:46 ET Reuters - Southwest Airlines Co pulled back on growth plans and posted lower quarterly earnings on Thursday as a weak U.S. economy and record fuel costs took a toll on the leading U.S. discount carrier. more Pfizer 1Q profit falls on buyout charges, patent losses 17 Apr 08, 07:29 ET AP - Drug maker Pfizer says its first-quarter profit fell 18 percent on lower sales of blood-pressure drug Norvasc and the allergy drug Zyrtec, but topped Wall Street forecasts after excluding acquisition charges. more Merrill Lynch posts big loss 17 Apr 08, 07:22 ET Reuters - Merrill Lynch & Co on Thursday posted a nearly $2 billion first-quarter loss, and said it plans to cut 4,000 jobs after suffering several billion dollars of write-downs for subprime mortgages and other risky assets. more Continental Airlines posts 1Q loss as fuel costs soar 17 Apr 08, 07:20 ET AP - Continental Airlines Inc. said Thursday that soaring fuel costs pushed it to a loss for the first quarter, and it plans to retrench by mothballing planes and reducing flights. more Nokia's 25 percent profit jump falls short of expectations 17 Apr 08, 07:14 ET AP - The world's biggest mobile phone Nokia Corp. on Thursday said its first-quarter earnings rose 25 percent on demand for cheaper phones in emerging markets. more BlackRock buys Russia, Brazil, shuns China, India 17 Apr 08, 06:46 ET Reuters - Investment manager BlackRock is buying Russian and Brazilian stocks on hopes that energy and commodity prices will continue to rise, but is cautious on China and India despite drops in those markets, a Taiwan executive said on Thursday. more Oil hits another record high as dollar tumbles to record low 17 Apr 08, 06:30 ET AP - Oil prices hit all-time highs above $115 a barrel Thursday with reports that oil and gasoline stocks in the United States were lower than expected and as the dollar hit record lows. more Metro to explore sale of German retail chain Kaufhof: report 17 Apr 08, 06:15 ET AFP - The German retail giant Metro may start approaching potential buyers for its Kaufhof chain of department stores next month, a press report said Thursday. more Toyota subsidiary to stop making commercial trucks in Calif. 17 Apr 08, 05:57 ET AP - Toyota subsidiary Hino Motors Ltd. will stop making commercial trucks at one of its U.S. plants as surging oil prices and the U.S. credit crisis squelch demand, a company spokesman said Thursday. more Beijing auto show spotlights automakers hopes for China 17 Apr 08, 05:54 ET AP - On display at next week's Beijing auto show: Global automakers' hopes that booming China will drive sales this year as demand elsewhere slumps. more Roche first quarter sales dip on lower Tamiflu demand 17 Apr 08, 05:39 ET AFP - Swiss pharmaceutical giant Roche said Thursday its first quarter sales fell four percent on a Swiss franc basis due to a drop in its key flu drug Tamiflu. more Iberdrola reports sharp jump in first quarter earnings 17 Apr 08, 05:28 ET AFP - Spanish power group Iberdrola, the world's largest owner of wind-energy parks, reported Thursday that its first quarter net profit jumped to 1.20 billion euros (1.91 billion dollars) from the year earlier 458 million euros. more Special probe indicts Samsung chief 17 Apr 08, 04:58 ET AP - Special prosecutors said Thursday they indicted Samsung Group Chairman Lee Kun-hee on charges of tax evasion and breach of trust, though cleared the conglomerate of allegations it kept a slush fund used for bribery. more Unionized Atlantic City casino dealers still lack contracts 17 Apr 08, 03:23 ET AP - Union, yes. Contract, no. That's the reality right now in Atlantic City, where dealers at four casinos have won elections allowing them to form unions over the past year. But none of the unions has succeeded in getting a contract with any of the gambling houses. more New Book Focuses on the Effects of Gender Identity Disorder 17 Apr 08, 03:01 ET PRWeb - Author gives readers an insider's look at the spiritual impacts. more Dell expanding China presence via large retailers 17 Apr 08, 02:00 ET AP - Dell Inc. will expand its presence in China by selling desktop and notebook computers at Suning, the country's second-largest electronics chain, and doubling the number of Gome stores that carry Dell machines. more JPMorgan selling $6 billion in preferred shares: report 17 Apr 08, 01:33 ET Reuters - JPMorgan Chase & Co is to sell $6 billion in non-cumulative perpetual preferred shares, according to a report in International Financing Review, a Thomson publication. more

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