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For more headlines on Breaking, National, Business, Finance, Sports and World News, visit our home page Australian Herald.com http://www.australianherald.com/index.php/ct/10/id/3a8a80d6f705f8cc/ en-us Sat, 17 May 2008 05:00:02 -0400 Sat, 17 May 2008 05:00:02 -0400 30 U.S. stocks closed mostly lower on Friday, with a slide in consumer confidence and surging crude oil prices fueling worries about the economy. http://story.australianherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/360238/cs/1/ Fri, 16 May 2008 18:35:40 -0400 Australian Herald.com http://story.australianherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/360238/cs/1/ US citizens believe the country is in recession. http://story.australianherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/360053/cs/1/ Fri, 16 May 2008 06:31:23 -0400 Australian Herald.com http://story.australianherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/360053/cs/1/ The annual Brussels Economic Forum conference has been looking at ways to meet the economic challenges facing the EU. http://story.australianherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/360052/cs/1/ Fri, 16 May 2008 06:29:26 -0400 Australian Herald.com http://story.australianherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/360052/cs/1/ US Federal Reserve Board Chairman Ben Bernanke has said banks and securities firms will need to keep raising capital to improve their balance sheet following credit crisis. http://story.australianherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/360051/cs/1/ Fri, 16 May 2008 06:27:31 -0400 Australian Herald.com http://story.australianherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/360051/cs/1/ Wildly fluctuating prices have closed Malawi's tobacco commodity auction floors. http://story.australianherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/360050/cs/1/ Fri, 16 May 2008 06:25:39 -0400 Australian Herald.com http://story.australianherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/360050/cs/1/ Australia's Reserve Bank has said the country's economy will only grow at a slower pace in the next couple of years. http://story.australianherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/360049/cs/1/ Fri, 16 May 2008 06:23:40 -0400 Australian Herald.com http://story.australianherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/360049/cs/1/ United Airlines and Continental Airlines in the US have been in talks for a possible alliance. http://story.australianherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/360048/cs/1/ Fri, 16 May 2008 06:21:49 -0400 Australian Herald.com http://story.australianherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/360048/cs/1/ Impoverished borrowers in Africa and Asia will soon be able to receive so-called “tiny loans” from the World Bank and British-based bank Standard Chartered. http://story.australianherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/360047/cs/1/ Fri, 16 May 2008 06:19:55 -0400 Australian Herald.com http://story.australianherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/360047/cs/1/ There was a lower turnover in Singapore restaurants after the Lunar New Year celebration, dropping the country’s catering figures to US$289.2 million. http://story.australianherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/360046/cs/1/ Fri, 16 May 2008 06:18:13 -0400 Australian Herald.com http://story.australianherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/360046/cs/1/ German fashion label, Hugo Boss has a new boss. http://story.australianherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/360045/cs/1/ Fri, 16 May 2008 06:16:47 -0400 Australian Herald.com http://story.australianherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/360045/cs/1/ Germany's President Horst Koehler has described the world’s banking system as “a monster that must be tamed”. http://story.australianherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/360118/cs/1/ Fri, 16 May 2008 09:30:02 -0400 Australian Herald.com http://story.australianherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/360118/cs/1/ Faced with the threat of losing future earnings in the Indian Premier League (IPL), Australia's contingent from the Rajasthan Royals franchise were coaxed back to Jaipur despite their fears following Tuesday's deadly terrorist attack in the capital city of Rajasthan. http://story.australianherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/360299/cs/1/ Sat, 17 May 2008 03:00:15 -0400 Australian Herald.com http://story.australianherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/360299/cs/1/ The One Laptop Per Child (OLPC) project will install Windows XP on its low-cost laptops for students in developing countries, according to a joint announcement Friday. http://story.australianherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/360256/cs/1/ Sat, 17 May 2008 00:00:32 -0400 Australian Herald.com http://story.australianherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/360256/cs/1/ NEW YORK – Unless you're looking carefully, you'll likely miss the fact that the new Asylum Web site for young men is a creation of Time Warner Inc.'s AOL. Same for WalletPop on personal finance... http://story.australianherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/14889739/ Sat, 17 May 2008 03:32:18 -0400 San Diego Union-Tribune http://story.australianherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/14889739/ LOS ANGELES – Developer Robert F. Maguire III has abandoned efforts to buy back the company that bears his name and is on the verge of being replaced as its chief executive and chairman, The Wal... http://story.australianherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/14889740/ Sat, 17 May 2008 03:32:17 -0400 San Diego Union-Tribune http://story.australianherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/14889740/ JUNEAU, Alaska – The Interior Department said Friday it is moving forward with an oil and gas lease sale covering nearly 4 million acres in Alaska's National Petroleum Reserve. The government... http://story.australianherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/14888418/ Sat, 17 May 2008 03:32:16 -0400 San Diego Union-Tribune http://story.australianherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/14888418/ SAN FRANCISCO – Yahoo Inc. is seeking to conceal large portions of a shareholder lawsuit alleging the Internet company's board improperly thwarted Microsoft Corp.'s $47.5 billion takeover offer,... http://story.australianherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/14889737/ Sat, 17 May 2008 03:32:15 -0400 San Diego Union-Tribune http://story.australianherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/14889737/ -------- END BIGBOXAD ----------> The Commerce Department reported Friday that housing construction rose by 8.2 percent in April to a seasonally adjusted annual rate of 1.03 million units. While apar... http://story.australianherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/14889736/ Sat, 17 May 2008 03:32:12 -0400 San Diego Union-Tribune http://story.australianherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/14889736/ NEW HAVEN, Conn. -- General Electric Co. plans to sell or spin off the business that for a century has put appliances in American homes, a decision that could presage further asset sales, analysts sai... http://story.australianherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/14890231/ Sat, 17 May 2008 03:13:29 -0400 Herald Sun http://story.australianherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/14890231/ TALLAHASSEE, Fla. – Allstate Corp.'s subsidiaries can resume selling new car insurance and other policies in Florida after the insurer turned over documents showing how it sets homeowners rates,... http://story.australianherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/14888642/ Sat, 17 May 2008 03:32:13 -0400 San Diego Union-Tribune http://story.australianherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/14888642/ -------- END BIGBOXAD ----------> But investors were clearly sidetracked for much of the session by energy prices and their effect on consumer spending, which accounts for more than two-thirds of U.S... http://story.australianherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/14888522/ Sat, 17 May 2008 03:32:12 -0400 San Diego Union-Tribune http://story.australianherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/14888522/ LOS ANGELES – Janitors in Orange County have reached a tentative agreement with their employers on a four-year labor contract. SEIU Local 1877 spokeswoman Gina Bowers says the janitors' union... http://story.australianherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/14889738/ Sat, 17 May 2008 03:32:15 -0400 San Diego Union-Tribune http://story.australianherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/14889738/ Inspire Pharmaceuticals Inc. announced Friday the receipt of a $1.25 million milestone payment from its Asian partner, Santen Pharmaceutical Co. Ltd., for the completion of Santen's Phase 3 testing of... http://story.australianherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/14890230/ Sat, 17 May 2008 03:13:27 -0400 Herald Sun http://story.australianherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/14890230/ A bitter 80-day United Auto Workers strike against an auto parts maker that has crippled dozens of General Motors Corp. factories could be coming to an end soon with a tentative contract agreement rea... http://story.australianherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/14890227/ Sat, 17 May 2008 03:13:25 -0400 Herald Sun http://story.australianherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/14890227/ A striking United Auto Workers local at a key General Motors Corp. factory ratified a new contract with the company Friday afternoon and will resume production on Monday. http://story.australianherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/14890228/ Sat, 17 May 2008 03:13:25 -0400 Herald Sun http://story.australianherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/14890228/ Robert Mondavi, the vintner who built his career and helped an iconic Northern California industry blossom by insisting that Napa Valley wines can compete with the best in the world, died in the valle... http://story.australianherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/14890225/ Sat, 17 May 2008 03:13:24 -0400 Herald Sun http://story.australianherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/14890225/ Classified ad Web site Craigslist is denying online auctioneer eBay's allegation that it unfairly diluted eBay's stake in it and says its board was acting to protect the company. http://story.australianherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/14890223/ Sat, 17 May 2008 03:13:20 -0400 Herald Sun http://story.australianherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/14890223/ Rice futures sank to a six-week low Friday, falling for a fifth day on hopes that exports from Pakistan and Japan will ease fears of a shortage of the staple consumed by half the world's population. http://story.australianherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/14888587/ Sat, 17 May 2008 03:13:19 -0400 Herald Sun http://story.australianherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/14888587/ President Bush failed to win the help he sought from Saudi Arabia to relieve skyrocketing American gas prices Friday, a setback for the former Texas oilman who took office predicting he would jawbone ... http://story.australianherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/14890229/ Sat, 17 May 2008 03:13:26 -0400 Herald Sun http://story.australianherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/14890229/ Cable TV, phone and Internet service provider Charter Communications drew concern Friday from two congressmen and a privacy advocate over its plan to experiment with tracking its customers' Web use in... http://story.australianherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/14890222/ Sat, 17 May 2008 03:13:18 -0400 Herald Sun http://story.australianherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/14890222/ FRANKFURT: Citigroup is mulling strategic options for its retail bank in Germany, the embattled US bank said yesterday, sending its first public signal that the centrepiece of its European business ma... http://story.australianherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/14888504/ Sat, 17 May 2008 03:13:01 -0400 Gulf Daily News http://story.australianherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/14888504/ PHOENIX – If US Airways and United Airlines decide to combine, they'll bring along a number of reluctant employee groups that would rather remain separate. US Airways pilots on Friday joined ... http://story.australianherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/14888417/ Sat, 17 May 2008 03:32:14 -0400 San Diego Union-Tribune http://story.australianherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/14888417/ Posted on: Saturday, 17 May 2008, 00:00 CDT By CHERYL CASWELL Kroger is jumping on the prescription discount bandwagon and offering 90-day supplies of hundreds of generic medications for $10. The com... http://story.australianherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/14888515/ Sat, 17 May 2008 04:20:25 -0400 RedOrbit http://story.australianherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/14888515/ Heathrow Terminal 5's shambolic opening has cost British Airways boss Willie Walsh his annual bonus, despite the carrier making record profits. The chief executive said he felt any award would have ... http://story.australianherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/14889457/ Sat, 17 May 2008 03:01:17 -0400 Ananova http://story.australianherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/14889457/ BT's chief executive Ben Verwaayen has signed off his last set of results with fourth quarter figures which beat revenue forecasts and met earnings targets. The telecoms giant is also forecasting mo... http://story.australianherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/14889458/ Sat, 17 May 2008 03:01:16 -0400 Ananova http://story.australianherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/14889458/ Posted on: Friday, 16 May 2008, 21:00 CDT By Patricia Anstett, Detroit Free Press May 16--The Henry Ford Health System made money last year, but less than the year before as its cost of providing fre... http://story.australianherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/14886640/ Sat, 17 May 2008 01:42:00 -0400 RedOrbit http://story.australianherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/14886640/ NEW YORK – News that Saudi Arabia had boosted its oil output by 300,000 barrels a day was greeted as a non-event on oil markets – the move wasn't anywhere near the kind of production incre... http://story.australianherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/14887745/ Sat, 17 May 2008 00:51:19 -0400 San Diego Union-Tribune http://story.australianherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/14887745/ "Transparency, standards, and interoperability are key," Microsoft's chief software architect, Ray Ozzie, told thousands of developers and customers at the company's MIX conference in March. It was a ... http://story.australianherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/14886669/ Sat, 17 May 2008 00:54:18 -0400 TechWeb http://story.australianherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/14886669/ WASHINGTON – By relaxing down-payment requirements for borrowers in markets where home prices are falling, Fannie Mae aims to both resuscitate the flagging housing market and respond to pressure... http://story.australianherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/14886846/ Sat, 17 May 2008 00:51:18 -0400 San Diego Union-Tribune http://story.australianherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/14886846/ -------- END BIGBOXAD ----------> The contract, which expires Sept. 1, gives the union the right to reject any deal that changes control of the company. The USW contends Esmark didn't give it adequat... http://story.australianherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/14887743/ Sat, 17 May 2008 00:51:16 -0400 San Diego Union-Tribune http://story.australianherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/14887743/ WASHINGTON – Slot auctions designed to reduce delays nationwide and increase competition are coming to John F. Kennedy International Airport in New York and Newark Liberty International Airport ... http://story.australianherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/14886598/ Sat, 17 May 2008 00:51:15 -0400 San Diego Union-Tribune http://story.australianherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/14886598/ NEW YORK – U.S. consumer confidence tumbled to a 28-year low this month as rising prices strained household finances, while another drop in single-family housing starts underscored problems stil... http://story.australianherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/14886728/ Sat, 17 May 2008 00:51:13 -0400 San Diego Union-Tribune http://story.australianherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/14886728/ NEW YORK -- Wall Street is clawing its way back from a dismal start to the year as confidence grows about the prospects of a US economic recovery without a calamitous downturn. The past week saw solid... http://story.australianherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/14886670/ Sat, 17 May 2008 00:36:10 -0400 Inquirer http://story.australianherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/14886670/ LIMA: European and Latin American leaders called for action to tackle surging food prices and global warming at a summit in Peru on Friday, despite differences over biofuels and free trade. Left... http://story.australianherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/14887852/ Sat, 17 May 2008 00:20:45 -0400 Times Of India http://story.australianherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/14887852/ Posted on: Friday, 16 May 2008, 21:00 CDT By Elise Ackerman, San Jose Mercury News, Calif. May 15--Billionaire investor Carl Icahn reportedly plans to launch a battle for control of Yahoo's board, ho... http://story.australianherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/14884682/ Fri, 16 May 2008 23:01:48 -0400 RedOrbit http://story.australianherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/14884682/ Posted on: Friday, 16 May 2008, 18:00 CDT BRISBANE, Calif., May 16 /PRNewswire-FirstCall/ -- InterMune, Inc. today announced that John Hodgman, Senior Vice President and Chief Financial Officer of In... http://story.australianherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/14884684/ Fri, 16 May 2008 23:01:37 -0400 RedOrbit http://story.australianherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/14884684/ NEW YORK (Reuters) - Stocks finished little changed on Friday as surging oil prices lifted energy shares and offset data that showed consumer confidence sank to its lowest in 28 years. http://story.australianherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/14886229/ Fri, 16 May 2008 21:36:54 -0400 Reuters http://story.australianherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/14886229/ All PR Newswire news CALGARY, May 16 /PRNewswire-FirstCall/ - Birch Mountain Resources Ltd. ("Birch Mountain" or the "Company") (BMD: TSX and AMEX) today reported financial results for the first qua... http://story.australianherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/14885986/ Fri, 16 May 2008 21:35:05 -0400 CNBC http://story.australianherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/14885986/ WVVI produced its highest earnings to date despite significant constraints on inventory. Revenues increased 12% to $16,710,927, net earnings by 31% to $1,686,661 and diluted earnings per share to 34... http://story.australianherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/14885987/ Fri, 16 May 2008 21:35:05 -0400 CNBC http://story.australianherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/14885987/ William Neukom, the Microsoft lawyer best-known for his role in the landmark antitrust case against the software giant, is now set to take on a bunch of Pirates (and Dodgers and Cubs). Neukom, acco... http://story.australianherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/14884683/ Fri, 16 May 2008 21:27:28 -0400 CNet http://story.australianherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/14884683/ The Transportation Department plan for Newark airport in New Jersey and New York's John F. Kennedy airport -- and a similar one announced recently for the region's other big airport, LaGuardia -- is p... http://story.australianherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/14884060/ Fri, 16 May 2008 18:48:13 -0400 Reuters http://story.australianherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/14884060/ DETROIT (Reuters) - Auto parts supplier Delphi Corp DPHIQ.PK filed a legal complaint on Friday against an investor group led by Appaloosa Management LP in an attempt to win a court order requiring the... http://story.australianherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/14884061/ Fri, 16 May 2008 18:48:15 -0400 Reuters http://story.australianherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/14884061/ gets crazy-big PR. Mission accomplished -- and in plenty of time for the April 13 cross-country rollout of the film. Of course, the Cartoon Network's marketing campaign wound up being pretty pricey: P... http://story.australianherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/14881553/ Fri, 16 May 2008 19:35:12 -0400 Wired News http://story.australianherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/14881553/ UK news section. It was last updated at 00:05 on May 17 2008. The Guardian yesterday made a formal offer of amends to the supermarket chain Tesco over reports which had claimed that the company had ... http://story.australianherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/14881558/ Fri, 16 May 2008 19:08:23 -0400 The Guardian http://story.australianherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/14881558/ By Kathy Shwiff Of DOW JONES NEWSWIRES NEW YORK -(Dow Jones)- After technology deals helped send the major indexes higher this week, investors will turn their attention next week to reports on the... http://story.australianherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/14881562/ Fri, 16 May 2008 19:28:26 -0400 Smart Money http://story.australianherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/14881562/ Of DOW JONES NEWSWIRES SAN FRANCISCO -(Dow Jones)- General Motors Corp. (GM) says it's considering whether to upgrade its computer system to Microsoft Corp.'s (MSFT) Vista operating system or to s... http://story.australianherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/14881557/ Fri, 16 May 2008 19:28:16 -0400 Smart Money http://story.australianherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/14881557/ All PR Newswire news NEW YORK, May 16 /PRNewswire-FirstCall/ -- DVL, Inc. (OTC Bulletin Board: DVLN) announced its operating results for the three month period ended March 31, 2008. DVL's income f... http://story.australianherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/14883539/ Fri, 16 May 2008 18:45:11 -0400 CNBC http://story.australianherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/14883539/ All PR Newswire news WOOD RIVER, Ill., May 16 /PRNewswire-FirstCall/ -- YTB International, Inc. (OTC Bulletin Board: YTBLA) ("YTB" or the "Company"), a provider of Internet-based travel booking serv... http://story.australianherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/14883545/ Fri, 16 May 2008 18:45:08 -0400 CNBC http://story.australianherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/14883545/ May 16, 2008 - 5:55 p.m. NEW YORK (AP) - Key barometers in the Treasury market late Friday compared with late Thursday. The price changes in the 10-year note and 30-year bond are per $1,000 invest... http://story.australianherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/14881535/ Fri, 16 May 2008 20:43:32 -0400 Canadian Business http://story.australianherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/14881535/ Powerset . Powerset is a semantic or contextual search provider, offering a departure from the generalized keyword search strategies espoused by so many search vendors these days. The consensus is ... http://story.australianherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/14881555/ Fri, 16 May 2008 20:03:05 -0400 eWeek http://story.australianherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/14881555/ After a sluggish winter, employment in San Diego County rebounded last month, fueled by strong hiring in hotels, restaurants and government work, according to data released by the California Employmen... http://story.australianherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/14881554/ Fri, 16 May 2008 19:27:40 -0400 San Diego Union-Tribune http://story.australianherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/14881554/ Debbie Agostino doesn't figure there's much she can do to fight the rising cost of food. "Most of our expenses are for things we need," said Agostino, a Centereach mother of four and a part-time of... http://story.australianherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/14883135/ Fri, 16 May 2008 19:59:40 -0400 Newsday http://story.australianherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/14883135/ All PR Newswire news SAN JUAN, Puerto Rico, May 16 /PRNewswire-FirstCall/ -- Santander BanCorp (NYSE: SBP; LATIBEX: XSBP) ("the Corporation") reported a net income of $17.7 million for the three-mon... http://story.australianherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/14883543/ Fri, 16 May 2008 18:45:04 -0400 CNBC http://story.australianherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/14883543/ ABPA (the "Bank"), reported operating results for the quarter ended March 31, 2008. Gregg Wagner, President and Chief Executive Officer, noted the achievements of the organization: -- We achieve... http://story.australianherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/14883544/ Fri, 16 May 2008 18:45:03 -0400 CNBC http://story.australianherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/14883544/ NHLD , reported financial results for the Company's second quarter ended March 31, 2008. "Like many firms on Wall Street, we experienced a difficult quarter. Recent market volatility strained our... http://story.australianherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/14883546/ Fri, 16 May 2008 18:45:03 -0400 CNBC http://story.australianherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/14883546/ Posted on: Friday, 16 May 2008, 12:10 CDT Just four months after a messy breakup with tech giant Intel (INTC), the One Laptop per Child organization on May 15 announced an alliance with another tech ... http://story.australianherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/14878201/ Fri, 16 May 2008 17:31:06 -0400 RedOrbit http://story.australianherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/14878201/ May 16, 2008 - 5:03 p.m. NEW YORK (AP) - Clear Channel Communications Inc. kicked off the week's biggest stories, following news that the radio and media company's stalled buyout was back ... http://story.australianherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/14878195/ Fri, 16 May 2008 17:52:51 -0400 Canadian Business http://story.australianherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/14878195/ Redmond: This is a different sort of Maps to the Stars. Microsoft has taken the wraps off an astonishingly vast visual guide to the universe that is powered by some of the world's best telescopes. Dev... http://story.australianherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/14878203/ Fri, 16 May 2008 17:19:41 -0400 Gulf News http://story.australianherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/14878203/ Long Island job market declined to a two-year low in April, raising local economists' concerns about whether the region has fallen into a recession. The private sector grew 0.2 percent, or 2,100 jo... http://story.australianherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/14879958/ Fri, 16 May 2008 17:09:22 -0400 Newsday http://story.australianherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/14879958/ Joe Bel Bruno May 16, 2008 - 5:04 p.m. NEW YORK (AP) - After nine months of turmoil that started with the collapse of the subprime mortgage market, Wall Street appears to be at a turning point of... http://story.australianherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/14878205/ Fri, 16 May 2008 17:52:51 -0400 Canadian Business http://story.australianherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/14878205/ By Mike Sunnucks Starbucks Corp. has a new more revealing logo of its trademark mermaid. The logo — which offers a more revealing look at the coffee chain's mermaid symbol and goes with brown instea... http://story.australianherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/14879567/ Fri, 16 May 2008 17:10:04 -0400 MSNBC http://story.australianherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/14879567/ May 16, 2008 · General Electric says it may sell off its iconic, century-old appliance division, which has placed its iconic script logo on refrigerators, ovens and air conditioners. The compan... http://story.australianherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/14878198/ Fri, 16 May 2008 16:58:38 -0400 NPR http://story.australianherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/14878198/ reported from Start Up School 08 , an event at Stamford where Marc Andreessen was among the speakers who shared his unique insights with a room full of wannabe web gazillionaires. It all went fine.... http://story.australianherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/14880819/ Fri, 16 May 2008 16:44:30 -0400 Wired News http://story.australianherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/14880819/ WASHINGTON – Responding to congressional pressure, the Bush administration on Friday said it is suspending oil deliveries into the government's Strategic Petroleum Reserve for the remainder of t... http://story.australianherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/14880271/ Fri, 16 May 2008 16:36:19 -0400 San Diego Union-Tribune http://story.australianherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/14880271/ DOW JONES NEWSWIRES Standard & Poor's said Friday that early data shows first-quarter earnings for companies on the S&P 500 index fell 25.9% from a year ago. S&P said this marks the th... http://story.australianherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/14878196/ Fri, 16 May 2008 16:36:58 -0400 Smart Money http://story.australianherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/14878196/ DES MOINES, Iowa – The nation's largest single immigration raid, resulting in nearly 400 arrests earlier this week, violated the constitutional rights of workers at a meatpacking plant, a federa... http://story.australianherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/14880275/ Fri, 16 May 2008 16:36:13 -0400 San Diego Union-Tribune http://story.australianherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/14880275/ JOHANNESBURG: Phuthuma Nhleko, chief executive of South Africa's MTN, is one of the country's best-known black businessmen and may be eyeing the top position if his company ties up with Indian mobi... http://story.australianherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/14880443/ Fri, 16 May 2008 16:02:02 -0400 Times Of India http://story.australianherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/14880443/ WASHINGTON – Treasury Secretary Henry Paulson said Friday that financial markets are “considerably calmer” now than they were two months ago. He predicted the economy will be rebound... http://story.australianherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/14880274/ Fri, 16 May 2008 16:36:12 -0400 San Diego Union-Tribune http://story.australianherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/14880274/ WASHINGTON – The FBI has more than 200 agents and 33 task forces addressing mortgage fraud, has more than 1,300 cases under investigation and has targeted 19 large companies, FBI Director Robert... http://story.australianherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/14880280/ Fri, 16 May 2008 16:36:18 -0400 San Diego Union-Tribune http://story.australianherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/14880280/ Steve Jobs kicked off this year's Macworld Conference & Expo, he once again raised the bar on presentation skills. While most presenters simply convey information, Jobs also inspires. He sells the... http://story.australianherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/14881308/ Fri, 16 May 2008 16:07:04 -0400 BusinessWeek http://story.australianherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/14881308/ NEW YORK – Lehman Brothers Holdings Inc. will begin to cut about 5 percent of its staff on Monday as part of an overall plan to streamline its balance sheet amid further turbulence in the financ... http://story.australianherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/14880276/ Fri, 16 May 2008 16:36:15 -0400 San Diego Union-Tribune http://story.australianherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/14880276/ NEW YORK (Reuters) - Time Warner Inc Chairman Richard Parsons said he is likely to step down in the next year, clearing the path for Chief Executive Jeffrey Bewkes to assume the role. http://story.australianherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/14880902/ Fri, 16 May 2008 15:56:22 -0400 Reuters http://story.australianherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/14880902/ View Slide Show In 2000, a few members of the Lyman family moved out of its capacious ancestral home. Though the house, set on a sprawling farm in Middlefield, Conn., had been inhabited by Lymans s... http://story.australianherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/14881306/ Fri, 16 May 2008 16:07:02 -0400 BusinessWeek http://story.australianherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/14881306/ and hearing about them from all the companies, each has their own spin on what went down last month. Nintendo (rightfully so) chose to gloat about how well the Wii is selling. According to NPD, the Wi... http://story.australianherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/14878207/ Fri, 16 May 2008 15:46:20 -0400 CNet http://story.australianherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/14878207/ leaning on such high-profile tech names as Mark Cuban in his efforts to unseat Yahoo's current board at its annual shareholder meeting and to pave the way for a Microsoft-Yahoo merger. Cuban, owner of... http://story.australianherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/14878206/ Fri, 16 May 2008 15:46:19 -0400 CNet http://story.australianherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/14878206/ NEW YORK (AP) — Stocks that are moving substantially or trading heavily Friday on the New York Stock Exchange and Nasdaq:NYSEGeneral Electric Co., down 30 cents at $32.07The industrial conglomer... http://story.australianherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/14878199/ Fri, 16 May 2008 15:45:26 -0400 iwon http://story.australianherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/14878199/ WASHINGTON – The head of the Federal Deposit Insurance Corp said Friday that another wave of credit stress was coming, involving non-mortgage loans. Sheila Bair, in remarks prepared for a Bro... http://story.australianherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/14876699/ Fri, 16 May 2008 13:42:34 -0400 San Diego Union-Tribune http://story.australianherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/14876699/ MPET (ASX: MGN) reported consolidated net income of $1.7 million ($.04 per share) on gross revenues of $9.5 million in its fiscal third quarter ended March 31, 2008, as compared to net income of $28... http://story.australianherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/14876914/ Fri, 16 May 2008 13:00:31 -0400 CNBC http://story.australianherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/14876914/ COIN announced today revenue of $260,000 for the first quarter ended March 31, 2008. The revenue was realized from sales of organic fertilizer manufactured at Converted Organics' operations in Gonz... http://story.australianherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/14876909/ Fri, 16 May 2008 13:00:26 -0400 CNBC http://story.australianherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/14876909/ WASHINGTON -- President Bush has long preached of the power of prayer to aid drug addicts. Now he's putting dollars behind the rhetoric, asking Congress for $600 million for a new, three-year drug tre... http://story.australianherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/14877285/ Fri, 16 May 2008 13:51:16 -0400 Wired News http://story.australianherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/14877285/ All Associated Press news NEW YORK (AP) - Shares of KongZhong Corp. fell Friday after the Chinese wireless entertainment provider said its first-quarter profit fell over 94 percent as expenses and rev... http://story.australianherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/14876916/ Fri, 16 May 2008 13:00:35 -0400 CNBC http://story.australianherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/14876916/ PTSG filed its quarterly Form 10-Q for the quarter ending March 31, 2008 yesterday. While we encourage you to read the entire filed document, this release is intended to summarize some of the signi... http://story.australianherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/14876918/ Fri, 16 May 2008 13:00:36 -0400 CNBC http://story.australianherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/14876918/ CHICAGO – Del Monte Foods Co Friday said that it is exploring the alternatives for StarKist seafood business, including the possible sale of the business. (Reporting by Brad Dorfman, editing ... http://story.australianherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/14876700/ Fri, 16 May 2008 13:42:31 -0400 San Diego Union-Tribune http://story.australianherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/14876700/ Treasurys have been bouncing back and forth within a range for about a month. Economic data has been indicating that the economy remains in a downturn, but not a free-fall, with the inflation outlook ... http://story.australianherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/14874381/ Fri, 16 May 2008 14:05:14 -0400 Tampa Bay Online http://story.australianherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/14874381/ All PR Newswire news Non-Financial Issues Up 8.8% NEW YORK, May 16 /PRNewswire/ -- According to preliminary figures released today by Standard & Poor's Index Services, first quarter 2008 operating ... http://story.australianherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/14876911/ Fri, 16 May 2008 13:00:28 -0400 CNBC http://story.australianherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/14876911/ All PR Newswire news Jinan Yinquan Technology Co., Ltd. First Quarter Revenues Increase by 100 Percent Compared with the Same Period of Last Year SHANDONG, Jinan, China, May 16 /Xinhua-PRNewswire/... http://story.australianherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/14876908/ Fri, 16 May 2008 13:00:26 -0400 CNBC http://story.australianherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/14876908/ is now hiring store managers to work at Marketside, new smaller format stores the world's largest retailer is preparing to open in Arizona.Marketside is described as "the neighborhood market for busy ... http://story.australianherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/14874382/ Fri, 16 May 2008 13:13:38 -0400 Earth Times http://story.australianherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/14874382/ RIYADH, Saudi Arabia – Saudi Arabian leaders made clear Friday they see no reason to increase oil production until their customers demand it, apparently rebuffing President Bush amid soaring U.S... http://story.australianherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/14876701/ Fri, 16 May 2008 13:42:32 -0400 San Diego Union-Tribune http://story.australianherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/14876701/ WASHINGTON – The U.S. Energy Department said Friday it will not sign contracts with energy companies to deliver up to 13 million barrels of crude oil to the Strategic Petroleum Reserve. The d... http://story.australianherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/14876698/ Fri, 16 May 2008 13:42:35 -0400 San Diego Union-Tribune http://story.australianherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/14876698/ A row is breaking out over Bangalore's new international airport, as it gets ready to open its doors to the public on 23 May, almost two months late. A group of concerned citizens and businesses sa... http://story.australianherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/14877351/ Fri, 16 May 2008 12:52:12 -0400 BBC http://story.australianherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/14877351/