Business

Foster’s May Attract Bids After Rejecting Wine Offer

Foster’s Group Ltd. may attract buyout offers from rival brewers including SABMiller Plc after a bid for its winemaking unit showed interest from bidders in breaking up the company.

7-Eleven Said to Have Bid for Casey’s General Stores

7-Eleven Inc., operator of the eponymous convenience-store chain, is in talks to buy Casey’s General Stores Inc., thwarting Alimentation Couche-Tard Inc.’s purchase attempts, said two people with knowledge of the matter.

NAB’s A$13.3 Billion Axa Bid Is Blocked by Regulator

National Australia Bank Ltd.’s planned A$13.3 billion ($12.2 billion) takeover of asset manager Axa Asia Pacific Holdings Ltd. was blocked a second time by the regulator, clearing the way for AMP Ltd. to renew its challenge.

Trend Micro Shares Advance After Report of Takeover

Trend Micro Inc. rose the most in more than a year in Tokyo trading after Taiwan’s DigiTimes reported the Japanese maker of antivirus software has been approached for a possible takeover.

Korea Oil’s Dana Bid Shows Asian Drive for Energy

Korea National Oil Corp.’s $2.6 billion bid for Dana Petroleum Plc, the state-owned company’s first hostile takeover attempt, shows South Korea is turning aggressive to lock up oil supplies after acquisitions by Chinese peers jumped eightfold in three years.

Asia Stocks Climb, Australian Dollar Gains, Commodities Drop

Asian stocks rose for the first time in three days and the Australian dollar gained to a four-month high as employment grew more than expected. Commodities fell on speculation China’s government was investigating rubber trades.

China Clean-Energy Aid to Draw U.S. Trade Complaint

The United Steelworkers union said it will file a trade complaint with the U.S. government against renewable-energy products from China, urging investigation of subsidies and preferences given by that nation.

Fed Survey: Slower Growth Spreads to More Region

The Federal Reserve in its latest survey has found more regions of the country reported slower growth as the economy lost momentum in the late summer.

More Cash Could Hit the Road

Obama aims to spend $50 billion on transportation infrastructure

The Challenges Facing Burger King Buyer 3G Capital

The investment outfit and its Brazilian backers will need to do more than just cut costs at the troubled burger chain

A Touch of Class for the Pink Sheets

Large, reputable foreign companies are taking up residence on a dodgy stretch of Wall Street

Peabody Sees Sale of Goldman Principal-Strategies Unit: Video

Sept. 8 -- Charles Peabody, analyst at Portales Partners LLC, talks with Bloomberg's Julie Hyman and Mark Crumpton about the outlook for the principal-strategies group at Goldman Sachs Group Inc.

Google, Verizon and the FCC: Inside the War Over the Internet's Future

Sam Gustin at AOL Daily Finance has written one of the most in-depth journalistic pieces I've seen to date on what's happening over at the FCC, the Google/Verizon deal, and how current trends in telecom policy-making are playing out.

The BlackBerry Billboard

Tech companies file patents for all sorts of reasons. Sometimes they're already discarded ideas that the company would rather other companies not use.

T-Mobile to get iPhone, but not iPhone 4?

Is T-Mobile about to receive an iPhone present, according to a Tweet from a Wired magazine editor, but strangely, they will receive only the iPhone 3GS, not the iPhone 4. The Tweet, from Chris Anderson said : A T-Mobile manager casually mentioned to me that they're going to get the iPhone 3GS later this year.

Roccati Says Liquidity 'Real Problem' for Europe's Banks

Sept. 8 -- Alessandro Roccati, director at Macquarie Group Ltd., talks about long-term market uncertainty in the wake of the stress tests for European banks.

Capello To Quit England Job After Euro 2012

Fabio Capello has confirmed he will quit as England coach after Euro 2012. The 64-year-old said he was not interested in a new contract with the national side after the tournament in Poland and Ukraine.

Groupon Is Spending A Ton On Google AdSense

When navigating the Internet, the most consistent ad units published across the web are powered by Adsense.

GM's OnStar tests Facebook and texting applications | Reuters

General Motors Co has begun testing applications that allow subscribers to its OnStar vehicle communication system to update their Facebook status verbally and to receive text messages audibly...

Media Mortgage crisis seer Michael Burry bets on

Michael Burry, who headed the hedge fund that made money on his prediction of the housing market collapse, is investing in farmable land, small technology companies and gold.

Google Introduces "Instant" For Faster Searches

Article:Google Introduces "Instant" For Faster Searches :/g/a/2010/09/08/businessinsider-google-new-search-results-2010-9.DTL Article:Google Introduces "Instant" For Faster Searches :/g/a/2010/09/08/businessinsider-google-new-search-results-2010-9.DTL Google just introduced a new speedier version of its search results which it's calling Google ...

Branson's Virgin Money Creates 200 Jobs

Virgin Money has created 200 jobs in Edinburgh as it seeks to make inroads into the British banking sector.

U.S. Stocks Gain Slightly, Silver Rises Above $20

Crude oil prices rose for the first time in three days while U.S. stocks advanced slightly with the major indexes gaining between 0.44 and 0.91 percent. U.S. gold prices edged $1.80 lower Wednesday, retreating from a record high...

Marshall Sees Apple in `Great Position' in Web TV Market: Video

Sept. 8 -- Brian Marshall, an analyst at Gleacher & Co., discusses the competition between Apple Inc.

Homebuilders Renew Stalled Projects as Banks Unload Lots: Video

Sept. 8 -- Builders are buying lots at less than half their original prices from lenders eager to move distressed construction loans off their books.

`God of Gamblers' Wary of Singapore's New Casinos

June 23 -- Bloomberg's Haslinda Amin reports on some Singaporeans' concerns about potential social ills arising from the introduction of casinos to the island-state. The $5.5 billion Marina Bay Sands, owned by billionaire Sheldon Adelson's Las Vegas Sands Corp., hosts its grand opening today.

Airport "Naked" Body Scanners Get Privacy Upgrade to Anonymize Your Naughty Bits

Airport security scanners that literally see through your clothes are contentious .

Galston Calls Obama Economic Proposals `Sound, Balanced': Video

Sept. 7 -- William Galston, a senior fellow with the Brookings Institution, talks about President Barack Obama's proposals to expand tax relief for businesses and boost federal spending to fix roads, railways and runways.

Mediobanca's Wheeler Sees More Bank Job Losses in 2010

Sept. 8 -- Christopher Wheeler, an analyst at Mediobanca SpA, talks about the outlook for European banks.

CNN: Morgan to Succeed Larry King

British TV host Piers Morgan will take over Larry King's nightly interview show, capping months of speculation about a key program in CNN's lineup.



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