Sacramento Sun
SacramentoSun.com Friday 10th September 2010 Volume 2010/0253
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Anglo-Irish bank to become two entitiesAnglo-Irish bank to become two entities
The Anglo-Irish Bank is about to become two...


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Job openings see a rise in USJob openings see a rise in US
The Labor Department in the US has revealed that more US jobs are being...
Air Zimbabwe pilots abandon planes over strikeAir Zimbabwe pilots abandon planes over strike
Air Zimbabwe pilots have been involved in a pay strike, demanding to be paid a full...
UK interest rates remain levelUK interest rates remain level
The UK central bank has decided to leave interest rates at 0.5%, where they have been since March...
Japan and India in free trade talksJapan and India in free trade talks
Japan and India have decided to sign a free trade agreement in order to scrap tariffs on 94 percent of traded...
Wall Street jumps ThursdayWall Street jumps Thursday
Good news on the economy translated to positive equity markets on Wall Street...
Hyundai unveils South Korea’s first electric carHyundai unveils South Korea’s first electric car
Car firm Hyundai has shown off South Korea’s first electric car, the...
Takeover talk pervades New York Times officesTakeover talk pervades New York Times offices
There has been solid interest in New York Times stock, with a sudden surge on takeover...
$27 million fine levied over Goldman Sachs$27 million fine levied over Goldman Sachs
The financial regulator in the UK has fined Goldman Sachs International $27 million for failing to notify authorities about an investigation in the United...
Greek economy fails to stay upGreek economy fails to stay up
The Greek economy has been assessed as still being...
Big tax bill slapped on Vodafone IndiaBig tax bill slapped on Vodafone India
An Indian court has told phone company Vodafone to pay an estimated $2.6 billion in taxes for its 2007 acquisition of one of India’s largest mobile phone...
Large salary for Hurd at OracleLarge salary for Hurd at Oracle
Oracle has promised its newly appointed President Mark Hurd a base salary of $950,000 a...
Special hotel card for UAE Visa membersSpecial hotel card for UAE Visa members
Visa card holders in the UAE can now be part of a luxury hotel...
UAE gets on board with Iran bank sanctionsUAE gets on board with Iran bank sanctions
The UAE has frozen some Iranian bank...
French strike affects European air carriersFrench strike affects European air carriers
Many European airlines have had to cancel their own flights due to the Air France...
Home applications drop in sync with mortgage ratesHome applications drop in sync with mortgage rates
Home loan applications in the US have dropped, according to the Mortgage Bankers...
Minneapolis an engine for auto advertising
Fallon's first ad for Cadillac won't be ready until sometime early next year, yet the Minneapolis agency is moving quickly on its new, mega-visibility assignment. It recently set up a Detroit office...
Medtronic accused of using deal to gain an unfair advantage
A Colorado manufacturer of bone-milling equipment has sued Medtronic Inc., alleging that the medical device giant illegally used its position as a distributor for the smaller company to build a...
Another day, another 3M deal
3M Co. continued its recent buying spree Thursday, and this time it found a deal in its own backyard. The Maplewood-based giant said it has agreed to acquire Arizant Inc., an Eden Prairie maker of...
Manufacturing a renaissance at U.S. factories
Not since Ronald Reagan has an American president spoken so emphatically about the importance of manufacturing. "We've got to go back to making things," President Obama says, embedding that...
Apple issues guidelines for iPhone's App Store, but leaves room for interpretation
In this Jan. 27, 2010 file photo, the iPad is shown after it was unveiled at the Moscone Center in San Francisco. Apple Inc. said Thursday, Sept. 9, 2010, that it will publish the guidelines it uses...
Hawaiian Airlines, Delta Air Lines sign new codesharing agreement
HONOLULU - Hawaiian Airlines and Delta Air Lines have signed a new codesharing agreement. They announced Thursday that the agreement will offer Delta's customers access to connecting flights within...
Switzerland tops rankings in Global Competitiveness Report 2010-2011; Ireland slips to 29th rank behind Qatar, Saudi Arabia, United Arab Emirates and Malaysia
Switzerland tops rankings in Global Competitiveness Report 2010-2011; Ireland slips to 29th rank behind Qatar, Saudi Arabia, United Arab Emirates and Malaysia By Finfacts Team Sep 10, 2010 -...
Yuan Heads for Biggest Weekly Gain Since June After U.S. Talks
Sept. 10 (Bloomberg) -- The yuan headed for its biggest weekly gain since June 27 as the U.S. government stepped up pressure on China to allow its currency to...
IBM's Big Push to Steal Sales from Its Rivals
HPQ ). Starting this month, Oracle and HP customers that switch to IBM's latest package of servers, software, and storage, priced at upwards of $75,000, will get trade-in credit and can defer...
OPEC says slowing recovery to weigh on oil demand
LONDON: World demand for OPEC's oil will be lower than expected this year and next due to a slowing economic recovery and higher supplies from non-member countries, the group said on Thursday....
Asian Stocks, Oil Advance on Global Recovery Signs; Yuan Gains
Sept. 10 (Bloomberg) -- Asian stocks rose to a one-month high and crude oil gained as fewer people applied for jobless benefits in the U.S. and Japan boosted its estimate for second- quarter economic...
Wall Street Faces a Grim Third Quarter
After two months bankers would like to forget, Wall Street may need a September to remember to avoid the worst quarter for investment banking and trading revenue since the peak of the financial...
China August Trade Surplus Narrows As Imports Rise
SYDNEY -- Chinese trade data for August Friday showed that imports continued to rise at a fast clip on strong domestic consumption, resulting in a lower-than-expected monthly trade surplus. The...
Small Japan bank to file for bankruptcy -regulator
* Incubator Bank deposits about 0.1 percent of Japan total (Adds details, background) TOKYO, Sept 10 (Reuters) - The Incubator Bank of Japan, asmall, unlisted lender that specialises in small...
JGBs dip, take Incubator Bank failure in stride
By Masayuki Kitano TOKYO, Sept 10 (Reuters) - Lead December 10-year Japanesegovernment bond futures inched lower on Friday, taking in theirstride news that a small, unlisted bank was expected to file...
Caltex Says Cost Cuts, Organic Growth To Boost Profits Significantly
Australia Ltd. (CTX.AU) Chief Executive Julian Segal said Friday that he "firmly believes" that a cost cutting program and organic growth will boost the oil refiner and fuel marketer's earnings...
Nikkei gains 2 pct after GDP revised up, yen weakens
TOKYO, Sept 10 (Reuters) - Japan's Nikkei average rose morethan 2 percent on Friday, getting a lift from an upward revisionto Japan's second-quarter GDP and as the yen pulled back slightlyfrom its...
Japan Shares Rise; Canon Leads Gains Among Techs
TOKYO -- Japanese shares climbed Friday morning in Tokyo, buoyed by strength in the U.S. stock market as well as a quarter-on-quarter rise in the nation's revised second-quarter gross domestic...
BOJ Members Agreed Japan On Recovery Trend:minutes
SYDNEY -- Minutes from the Bank of Japan's interest rate meeting held on Aug. 9 and 10 published Friday showed that members of the rate-setting committee agreed that the Japanese economy was likely...
SEC focusing on Lehman accounting maneuver - WSJ
NEW YORK (Reuters) - The U.S. Securities andExchange Commission, looking into the collapse of LehmanBrothers Holdings Inc, is focusing on an accounting maneuverthat made it look like the company had...
Australia Shares Edge Up But Virgin Blue Sinks
TOKYO -- Australian shares were slightly higher in early trading Friday, but support from strength among stock markets in the region was partially offset by a drop in shares of Virgin Blue Holdings...
Cockatoo Coal: Enters Exclusivity Agreement With Mitsui In Surat Basin
Dow Jones )- Junior coal miner Cockatoo Coal Ltd. (COK.AU) will broaden its relationship with Japanese commodities trader Mitsui & Co. Ltd. (8031.TO) over coal assets in Queensland state's Surat...
Japan's Revised April-June GDP Up 0.4% On-quarter
SYDNEY -- Japan's second-quarter gross domestic product rose 0.4% quarter-on-quarter, revised data out Friday showed. On an annualized basis, GDP rose 1.5%. Preliminary figures had shown a 0.1%...
Nikkei inches up 0.4 pct after upbeat U.S. data
TOKYO, Sept 10 (Reuters) - Japan's Nikkei average rose 0.4percent on Friday after stronger-than-expected U.S. data onjobless benefits and trade raised hopes the tepid economicrecovery would...
Incubator Bank Assets Insufficient: Japan's FSA
SYDNEY -- The Financial Services Agency of Japan said Friday that it was told by the Incubator Bank of Japan that the bank's assets are insufficient to meet its financial obligations. The FSA said...
Geithner to testify at House hearing on China yuan
WASHINGTON (Reuters) - U.S. Treasury SecretaryTimothy Geithner will present the Obama administration's latestview of what the United States should do to...
LATIN AMERICAN MARKETS: Brazil Edges Up After Inflation Data; Chile Rises
Brazilian stocks edged higher Thursday, with stronger gains of the session reflecting anticipation that fresh inflation figures may help monetary policy makers decide to continue to hold the...
Japan Q2 GDP revised up to 0.4 pct qtr/qtr
GDP ) grew a revised 0.4 percent in April-June from the previousquarter, matching economists' median forecast and exceeding thepreliminary figure of 0.1 percent growth. The revised figure translates...
NPD:Videogame Industry Retail Sales For August Lowest Since `06
consumer spending . U.S. sales throughout the video game industry for the month fell to about $1.6 billion, a drop of more than 10% from roughly $1.8 billion in the same month a year earlier,...
3M To Pay $810 Million To Buy Arizant From Court Square Capital
MMM ) said it will pay $810 million to buy Arizant Inc., which specializes in products to prevent hypothermia during surgery, from private-equity firm Court Square Capital as the industrial...
U.S. chipmakers' outlooks stoke economy concerns
While TI was bullish on smartphones, National Semiconductor said it expects the weak economy to limit sales growth for its chips that handle backlighting and camera flashes on smartphones, Macleod...
Philly Police: 3 Shot at Kraft Foods Facility
(ABC News) Three people were shot inside a Kraft Foods Inc. facility in the city's northeast section on Thursday, and the shooter was taken into custody, police said. The conditions of the...
Embryonic Stem Cell Funding Allowed _ for Now
FILE - In this Dec. 17, 2009 file photo, Chief Judge Royce C. Lamberth of the U.S. District Court for the District of Columbia is seen in Washington. An appeals court gave short-term approval...
Hawaiian, Delta Sign New Codesharing Agreement
Hawaiian Airlines and Delta Air Lines have signed a new codesharing agreement. They announced Thursday that the agreement will offer Delta's customers access to connecting flights within the...