Archive for July 24th, 2008



Microsoft is shaking up management of its online division and strengthening its tie to Facebook in the aftermath of a failed bid to buy Yahoo to bolster its lagging Internet business.
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Microsoft is shaking up management of its online division and strengthening its tie to Facebook in the aftermath of a failed bid to buy Yahoo to bolster its lagging Internet business.
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Microsoft is shaking up management of its online division and strengthening its tie to Facebook in the aftermath of a failed bid to buy Yahoo to bolster its lagging Internet business.
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Microsoft is shaking up management of its online division and strengthening its tie to Facebook in the aftermath of a failed bid to buy Yahoo to bolster its lagging Internet business.
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Ford Motor Co. announced plans to accelerate its vast restructuring plan Thursday after the sputtering auto giant posted its worst quarterly loss in history.
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Oil rebounds from two-day tumble

Posted by UK Economy News
In UK financial news
24Jul 08

Oil prices rebounded modestly Thursday after two days of heavy losses as the market weighed the impact of slowing global growth on energy demand.
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French construction group Saint-Gobain said Thursday it would cut 4,000 jobs this year, mostly in Britain, Spain and the United States, as part of a cost-cutting drive in the face of a sharp downturn in the housing market.
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New York state officials Thursday filed civil fraud charges against UBS, accusing the Swiss banking giant of marketing certain kinds of adjustable bonds as "safe" investments.
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British energy major BP on Thursday said the head of its troubled joint venture in Russia had left the country after "harassment" by the company's Russian shareholders.
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British energy major BP on Thursday said the head of its troubled joint venture in Russia had left the country after "harassment" by the company's Russian shareholders.
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