Archive for May, 2007

Shanghai index plunges 6.5 percent

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The cell phone service nobody wants: advertisements

Advertisements are everywhere: websites, television and videogames, not to mention coffee coasters, airplane seatback covers, and even umbrellas.

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‘General Lee’ auction retry stalls

Undeterred after a seemingly winning eBay bid of nearly $10 million fell through, the owner of the “General Lee” decided to try again.

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Gas prices: The new Salem witch trials

Gasoline prices hit an all time high of $3.10 a gallon the third week of May, and once again, Congress has taken the easy way out. Instead of doing anything substantive about the United States' unslakeable thirst for gasoline, it has gone searching for phony villains - and found them in the personage of mysterious "price gougers."

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The trouble with Apple TV

Let's pause for a moment amid the worshipful buzz before the launch of Apple's iPhone in June to consider the heretical notion that Steve Jobs might be promising more than he can deliver.

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America’s hottest investor

Motorola CEO Ed Zander was enjoying a moment of relief from his company's struggles last January, mingling with fellow corporate chieftains at the World Economic Forum in Davos, Switzerland, when he got the message that makes CEOs see their careers flash before their eyes. The news: Carl Icahn was calling him out. He had bought a 1.4% stake in Motorola and was demanding a seat on the company's board.

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How much pretexting was there at HP?

Since the day he was hired last October, Hewlett-Packard's chief ethics and compliance officer, Jon Hoak, has been focused on one overarching goal: Closing the book on the computer giant's 2006 "pretexting" scandal.

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Oil slides as supply concerns ease

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Sudan sanctions announced

President Bush on Tuesday announced new economic sanctions against Sudan to pressure the government to stop the violence in Darfur.

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Deal news spurs rested bulls

Wall Street opened higher early Monday as deal news and falling oil encouraged investors returning to work fresh from the long Memorial Day holiday.

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