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CompareCC News Archive Listing for Business during 2007-03.
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Soothing Words and a Stock Market Rebound
 
Stocks rose modestly Wednesday but concerns over Wall Street?s bet on subprime loans have not gone away.
It?s Not Only About Price at Wal-Mart
 
After a tumultuous year of experimentation, a new, and so far internal, definition of what Wal-Mart stands for will soon become a very public strategy.
U.S. and Brazil Seek to Promote Ethanol in West
 
President Bush is preparing to finish an agreement with Brazil to promote the production and use of ethanol throughout Latin America and the Caribbean.
Supermarkets clear petrol pumps
 
As supermarkets clear pumps of contaminated petrol, an industry group says prices could rise by 2p a litre.
Patent Fights Are a Legacy of MP3?s Tangled Origins
 
The $1.5 billion settlement against Microsoft is only one result of the music format?s tangled history.
Microsoft Attacks Google on Copyright
 
The Microsoft Corporation has prepared a blistering attack on rival Google, arguing that the Web search leader takes a cavalier approach to copyright protection.
F.C.C. Chief Questioning Radio Deal
 
The chairman of the Federal Communications Commission has questioned Congressional testimony by the architect of a proposed satellite radio merger.
Shareholders of Take-Two Plot a Revolt
 
A consortium of investors disclosed that it intended to oust the board and possibly the top management of Take-Two Interactive Software.
Palm Responds to the iPhone
 
The maker of hand-held computers has hired a top software designer to respond to the challenge posed by Apple?s new iPhone.
Bush and Chávez Spar at Distance Over Latin Visit
 
President Bush ended up competing for attention with President Hugo Chávez of Venezuela, who called the American visit an act of imperialism, adding, ?Gringo, go home!?
China lawmaker wants Forbidden City free of Starbucks
 
Reuters - A member of China's parliament has demanded the immediate closure of a Starbucks coffee shop set up inside Beijing's Forbidden City, the Xinhua news agency reported on Sunday.
China Central Bank to Improve Yuan
 
China?s central bank said it would gradually promote reforms of the yuan?s exchange rate regime and improve its foreign exchange management this year.
Ex-minister on trial in Vietnam
 
Vietnam's former deputy trade minister goes on trial, charged with accepting kickbacks from textile firms.
A U.S. Alliance to Update the Light Bulb
 
A coalition of industrialists, environmentalists and energy specialists is banding together to try to eliminate the incandescent light bulb in about 10 years.
In a Test of Capturing Carbon Dioxide, Perhaps a Way to Temper Global Warming
 
American Electric Power is planning the largest demonstration yet of capturing carbon dioxide from a coal-fired power plant and pumping it deep underground.
Japanese tycoon guilty of fraud
 
Controversial Japanese tycoon Takafumi Horie is found guilty of fraud at the Livedoor internet firm.
China?s Central Bank Raises Rate
 
The People?s Bank of China hopes the increase will control a surge in bank lending and investment and prevent consumer prices from rising.
US 'blocks climate progress'
 
Germany says the United States has blocked progress on two key issues to protect the global environment.
Budget 'to hit gas guzzlers hard'
 
The chancellor is expected to significantly raise road tax on the least fuel efficient cars in this week's budget.
Nowadays, Angola Is Oil?s Topic A
 
Exxon Mobil, Chevron, BP and others have poured billions into Angola in the last decade to unlock petroleum resources, and the payoffs are finally coming in.
World Business Briefing | Asia: China: Dell Plans to Sell Low-Cost Computer
 
Dell Inc., the personal computer maker, unveiled a low-cost PC for China, its fastest-growing market. The PC is priced from about $335 to $520, the company said in a statement. Earlier this month, Dell reported a sharp drop in quarterly profit while revenue fell short of Wall Street expectations, adding that it foresaw pressure on growth and profit margins in the next several quarters as it spends money to restructure. The company had lost market share to the global industry leader Hewlett-Packard in the fourth quarter and in January. In China, the world?s second-largest PC market, Dell ranks third behind the Lenovo Group and Founder Technology.
Livedoor CFO gets 20-month jail term in fraud case
 
Reuters - A Japanese court handed out its second jail term in the Livedoor accounting fraud on Thursday, sentencing the Internet firm's former finance director, Ryoji Miyauchi, to 20 months in prison.
Bank account warning for workers
 
The Royal Bank of Scotland warns UK staff of disciplinary action if their main account is not one operated by the firm.
'Chain of events' led to walk out
 
Thousands of staff at the Airbus UK factory staged an unofficial strike over a series of issues including proposed job losses
Porsche to increase its VW stake
 
Porsche plans to raise its stake in fellow German carmaker VW but says it is not pursuing a full takeover.
Wimpey and Woodrow to merge
 
George Wimpey and Taylor Woodrow agree to merge, creating the UK's biggest homebuilder worth £5bn.
In Trial, Drugs Equal Benefits of Artery Stents
 
Many heart patients routinely implanted with stents to open arteries gain no lasting benefit compared to those treated with drugs.
Economix: Earth?s Climate Needs the Help of Incentives
 
Congress seems poised to pass a bill to deal with climate change, but some ideas would do very little to change the situation.
Lloyds TSB workers get windfall
 
More than 62,000 Lloyds TSB employees are to share in a £252m share and bonus windfall payout.
Mining Company Fined for Fatal Blaze
 
The Massey Energy Company was fined $1.5 million for 25 violations that contributed to the death of two West Virginia coal miners in January 2006.
In Major Shift, U.S. Imposes Tariffs on Some Chinese Paper
 
Trade and industry officials say the new policy could lead to duties on imports of Chinese steel, plastics, machinery and textiles.

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