Man who faked death gets prison for bogus cash - The State
INDIANAPOLIS — A South Carolina man who was tracked to Indiana after faking his death has been sentenced to a year in federal prison for counterfeiting more than $65,000 to finance his life on the lam. Julius “Butch” Nesbitt spent more than six

LeVar Thomas officially files to challenge District 8 Dallas City - Cityhallblog.dallasnews.com
LeVar Thomas , a real estate agent and grandson of former Dallas City Council member Al Lipscomb, has formally filed his candidacy in a bid to unseat freshman District 8 incumbent Tennell Atkins. If he wins, Thomas, 27, would become the youngest

Hospital firm eyes sell-off - Times On the internet
THE private-hospitals group Nuffield Health is considering a sale of some of its assets, including Vanguard, its mobile operating-theatre arm, as concerns grow over the scale of its debt. The healthcare group, a registered charity based in Surbiton

Finance Minister Lindsay Tanner backs pension payrise - News.com.au
It has been widely anticipated the government will raise the pension by $35 in the May budget. “Unlike my usual position of trying to resist new spending things, I’m basically comfortable with the idea of an increase for pensioners,” Mr Tanner told

Businesses appreciated - Hillsdale Daily News
A local business employee summed up Reading’s fifth annual Business Appreciation Night in two sentences. “If you don’t leave here tonight feeling good about yourself, you’ve got a problem,” Jeff Holbrook, commercial loan officer at Century

Damage claim from snow plow accident tied up for a year - Chicago Tribune
When a City of Chicago snow plow hit Paul and Elizabeth Barr’s Jeep Grand Cherokee last winter, there was no dispute who was at fault. The SUV was parked in the 1600 block of North Claremont Avenue, and the snow plow driver was up front about his

Tanner backs a rise in the pension - West On the internet
Finance Minister Lindsay Tanner states he supports a rise in the single aged pension. It has been widely anticipated the government will raise the pension by $35 in the May budget. “Unlike my usual position of trying to resist new spending things, I’m

TOPIC: Re:Porn in the USA: Conservatives Are Biggest - Daily Herald
Porn in the USA: Conservatives Are Biggest 21 Minutes ago Karma: 9 Porn in the USA: Conservatives Are Biggest Consumers “Some of the people who are most outraged turn out to be consumers of the very things they claimed to be outraged by,” Edelman

Grassley, Harkin bid to save IRS collection jobs in bill - Des Moines Register
A federal spending bill pushed by Democratic leaders in Congress would eliminate 60 jobs at a Waterloo debt-collection agency. The $410-billion omnibus spending package that passed the Home this week includes a provision that would force the CBE

Home approves lease-purchase deal with SF Opera - KVIA.com
SANTA FE (AP) - The Home gave a green light this day to a lease-purchase deal that calls for taxpayers to build a $1.4 million rehearsal hall for the Santa Fe Opera. Several lawmakers object to the proposal. They say the deal would establish a

Share This

Share This

Wall Street Slides After Citigroup-Government Deal - WGRZ TV
NEW YORK (AP) — Stocks fell sharply Friday after Citigroup Inc. and General Electric Co. announced moves that will reduce the value of the companies’ shares. Citigroup will turn over a large piece of itself to the government. That’s fanning worries

Bill proposes closing DNR fish hatcheries - Duluth News Tribune
A bill introduced in the Minnesota House of Representatives this week would require the Department of Natural Resources to close all of its fish hatcheries by 2014. The lead author of the bill is Rep. Denny McNamara, R-St. Paul, and Rep. David Dill

Berkshire has worst year, Buffett still optimistic - WTOP Radio
In this Might 21, 2008 file pic, U.S. billionaire investor Warren Buffett talks during a news conference in Madrid. Buffett states the economic turmoil that contributed to a 62 percent profit drop last year at the holding company he controls is

Despite Bad Year, Buffett Optimistic - Street.Com
By Josh Funk OMAHA, Neb. — Warren Buffett states the economic turmoil that contributed to a 62% profit drop last year at the holding company he controls is certain to continue in 2009, but the revered investor remains optimistic. Buffett released his

Berkshire Profit Plunges 96% on Stock Market Bets (Update2) - Bloomberg
Feb. 28 (Bloomberg) — Warren Buffett ’s Berkshire Hathaway Inc. posted a fifth-straight profit drop, the longest streak of quarterly declines in at least 17 years, on losses from derivative bets tied to stock markets. Fourth-quarter net income

Despite tanking economy, Buffett still optimistic - KVAL
OMAHA, Neb. (AP) — Warren Buffett states the economic turmoil that contributed to a 62 percent profit drop last year at the holding company he controls is certain to continue in 2009, but the revered investor remains optimistic. Buffett released his

Buffett’s worst year - CNN Money
NEW YORK (Fortune) — Berkshire Hathaway reported today that its net worth fell in 2008 by $11.5 billion, a decline reducing its per-share book value by 9.6%. That was Berkshire’s worst result in the 44 years that Chairman Warren Buffett has run the

Bad news from GE, Citigroup sinks stocks - Columbus Dispatch
NEW YORK (AP) — Wall Street ended another unforgiving month with a steep loss — one that left the Dow Jones industrial average at less than half its record high. The day’s news unsettled investors. Citigroup Inc. concurred to turn over a massive piece of

Stock market set for rocky ride - News.com.au
The Australian market is expected to open lower after America’s benchmark S&P 500 Index finished its worst-ever begin to a year on Friday and the S&P index falling to another 12-year low. The news that the Government would take a 36 per cent stake

HSBC Plans $18 Billion Share Sale: Sources - Post Chronicle
Britain’s HSBC (HSBA.L: Quote , Profile , Research , Stock Buzz ) is set to announce a share sale of up to $18 billion, two sources familiar with the situation said on Saturday, in what could become the country’s biggest-ever rights issue. Europe’s

Share This

Share This

Stanford officer freed, on bond - Straits Times
HOUSTON - THE chief investment officer of troubled Stanford Financial Group was forced to borrow money from her attorney Friday to cover her US$300,000 (S$464,000) bond and avoid spending the weekend in jail. During a court hearing on Friday, Laura

Stanford investment officer to be released on bond - WTOP Radio
HOUSTON (AP) - The chief investment officer of troubled Stanford Financial Group was expected to be released on $300,000 bond Friday after a court hearing in which she was painted alternately as the scapegoat for a big fraud and as one of the few

Denmark, Finland officially in recession - West On the web
Denmark and Finland officially joined the ranks of recession-hit countries on Friday with the release of figures showing their economies contracting, while Sweden saw its economy sink further. The Nordic countries’ traditionally robust, export-driven

Stanford investment officer released on bond - AP - Guardian Unlimited
Associated Press Writers= HOUSTON (AP) — The chief investment officer of troubled Stanford Financial Group was forced to borrow money from her attorney Friday to cover her $300,000 bond and avoid spending the weekend in jail. “Embarrassingly, I

Gregg aided N.H. site where he’d land deals - The Washington Times
President Obama ’s former nominee to become commerce secretary, Republican Sen. Judd Gregg, steered taxpayer money to his home state’s redevelopment of a former Air Force base even as he and his brother engaged in real estate deals there, an

What the stimulus package could purchase - Boston Globe
President Obama has signed the $787 billion economic stimulus bill into law. About $281 billion of the stimulus will go to new tax cuts with the remainder being spent on infrastructure investments, expanded unemployment benefits, and other programs

Stanford investment officer released on bond - PR Inside
HOUSTON (AP) - The chief investment officer of troubled Stanford Financial Group was forced to borrow money from her attorney Friday to cover her $300,000 bond and avoid spending the weekend in jail. During a court hearing Friday, Laura Pendergest

Lawyer claims Stanford exec was ’set up’ - Austin American-Statesman
HOUSTON — The chief investment officer of troubled Stanford Financial Group was expected to be released on $300,000 bail Friday after a court hearing in which she was painted alternately as the scapegoat for an extensive fraud and as one of the few

PROMOTE YOUR BUSINESS - EIN News
EIN Presswire · Upload your press release to the EIN network and have it submitted to leading journalists and decision-makers worldwide. EIN Events · Reach industry-specific readers and promote your event, conference or exhibition. EIN Directory

Losses at state banks rise for ‘08 - Boston Globe
About one-third of state-chartered banks in Massachusetts lost money in 2008, current federal data show, compared with just 7 percent in 2007, a drop analysts and executives attributed to the worsening economy and losses on investments. “It’s a sign

Share This

Share This

Winners & Losers From Obama’s Budget - CNBC
The Fast Money traders look at which companies and sectors will win and which will lose as a result of President Obama’s budget. They’re joined by Jonathan Bush, CEO of Athenahealth. Nouriel Roubini, RGEMonitor.com, and Howard Lutnick, BGC Partners

Thomas Lines - Journalism.co.uk
Regular contributor to: BBC World Service and The Tablet. Other information: Former Reuters financial correspondent in London and Paris. 30 years’ experience with commodity markets, finance, banking, economic development, Russia, other post

GE Cuts Dividend as Immelt Seeks to Safeguard AAA (Update2) - Bloomberg
Feb. 27 (Bloomberg) — General Electric Co. cut its annual dividend for the first time since 1938 as the global recession and credit crunch sapped profit at its finance unit and threatened the company’s AAA credit rating. The quarterly dividend was

African nations pledge to press for aid to Zimbabwe - Los Angeles Times
Reporting from Harare, Zimbabwe — The headline in Zimbabwe’s Herald newspaper this day measured the disconnect between hopes and reality: Southern African nations were “to invest $US2 billion in Zim,” it screamed. But after a meeting of southern

My home is like a market place because of my wife - Punch
Mr Glory Okeoghene Abrefera is the Chief Executive of Mustard Seed Group of Companies, which majors in micro finance and micro entrepreneurship. In this interview with ADA ONYEMA, he speaks about the dreams that translated into his business outfit

House of Finance of Goethe University Subscribes to Standard & Poor’s - Earthtimes
Compustat’s databases complement the Home of Finance’s high quality standards for empirical research. NEW YORK , Feb. 27 /PRNewswire/ — Recognizing that high quality, extensive data sets are one of the most important components in financial

Iceland Can Finance Budget Deficit, Finance Minister States - Bloomberg
Feb. 27 (Bloomberg) — Iceland is ‘hopeful’ of financing its budget deficit internally and will draw on reserves both from the central bank and pension funds to do so, Finance Minister Steingrimur Sigfusson stated in an interview this day. Sigfusson

LP losses mount in fourth quarter - Nashville Tennessean
Louisiana-Pacific Corp. lost $340.5 million, or $3.31 a share, in the fourth quarter of 2008 as the decline in the homebuilding sector deepened. The Nashville maker of building products also stated that revenues fell by 33 percent from a year ago to

More Newspaper Shake-Ups Loom With Chapter 11 - ABC News
All four publishers turned to the bankruptcy court for help as their debts became unbearable amid a two-year slump in advertising revenue that has been worsening as the recession stifles spending. The owners of the Philadelphia newspapers, the

Behind City Hall finances: Mayor Moya and Director of Finance give - Amandala
The United Democratic Party (UDP) is nearing the end of its three-year term at the City Hall in Belize City, and will next Wednesday be seeking re-election for another. There is no outgoing independent audit of the Belize City Council, but on

Share This

Share This

PAC accused of breaking finance rules faces fines - Philadelphia Inquirer
A political action committee supported primarily by Gov. Rendell stands accused of circumventing city campaign-finance rules and failing to disclose contributions to, among others, three of five Democratic candidates in the 2007 Philadelphia mayor’s

Fitch Assigns Outlooks to Tranches of U.S. High Yield CLOs and CBOs - PR Inside
Fitch Ratings has assigned a Negative Outlook to 50 tranches and a Stable Outlook to 49 tranches from 25 U.S. high yield (HY) collateralized bond obligations (CBOs) and collateralized loan obligations (CLOs) and two investment grade corporate (IG

Business events scheduled for the coming month - Forbes
NEW YORK - The Institute for Supply Management releases its manufacturing index for February, 10 a.m. WASHINGTON - The Commerce Department releases personal income and spending for January, 8:30 a.m.; Commerce Department releases construction

Finance Minister says Canada needs stimulus - Yahoo News
TORONTO – Canada’s finance minister says the Canadian economy has fallen off the table and needs a free hand in speeding through $2.4 billion in emergency stimulus. Finance minister Jim Flaherty predicts Monday’s report from Statistics Canada on

INDIA: Home ministry gets the most RTI applications - Asia Media
New Delhi — The home ministry tops the chart amongst RTI information seekers while the finance ministry leads in rejection of applications. In 2006-2007, the ministry of home affairs (MHA) received 52,353 RTI applications compared to 1,316 pleas in

Humpty Dumpty Finance - Huffingtonpost.com
The current financial mess is fixable, and even fixable quickly; but in order to gather political support for implementation of the right fix it is important to understand, and explain to the public, why the repairs applied since Lehman went bankrupt

Sterne Agee Opens Florida Public Finance Office in Ft. Lauderdale - Earthtimes
BIRMINGHAM, Ala. - (Business Wire) John E. Rodstrom, Jr. has joined Sterne Agee in Ft. Lauderdale as Managing Director and Head of Florida Public Finance. His municipal experience spans 27 years, with positions at Citibank, Kidder, Peabody and

Fitch SMARTView: Seven U.S. FFELP Student Loan ABS Deals Put Under - Earthtimes
NEW YORK - (Business Wire) Following its monthly surveillance review, Fitch Ratings designated 421 of its $277 billion U.S. FFELP Student Loan ABS transactions with a Feb. 27, 2009 SMARTView date, indicating that no immediate action is necessary

The Denver Newspaper Bureau - Birmingham Business Journal
Select a job title Computing & IT Information Technology Software Engineering Record-keeping Admin Finance Audit Compliance & Governance Financial Analyst General Finance Investor Relations Corporate Finance and M&A Payroll Procurement Risk Management

Battered Canadian economy needs stimulus spending now: Flaherty - CJAD
OTTAWA - Finance Minister Jim Flaherty states the Canadian economy has fallen off the table and needs a free hand in speeding through $3 billion in emergency stimulus. The finance minister predicts Monday’s report from Statistics Canada on GDP will

Share This

Share This

Stocks pull off lows Citigroup drags banks lower - 630 WMAL
NEW YORK (AP) — Investors steadied themselves Friday after initially dumping stocks when Citigroup Inc. announced details of its plan to turn over more of the company to the government. Financials still dragged on the market but most stocks

Stay on top of breaking news! - WJLA
NEW YORK - At Lauren Graham’s first rehearsal for her Broadway debut in “Guys and Dolls,” the star of TV’s long-running “Gilmore Girls” felt a twinge of insecurity when the actors were asked how many times they’ve been cast in a Broadway show. “I was

Stocks point lower after Citi deal, GDP reading - Huffingtonpost.com
Compare 09:16 AM EST 09:09 AM EST 08:43 AM EST 07:47 AM EST 07:04 AM EST 07:00 AM EST and 09:16 AM EST 09:09 AM EST 08:43 AM EST 07:47 AM EST 07:04 AM EST 07:00 AM EST versions NEW YORK — Wall Street pointed to a sharply lower open Friday as

Treasurys Blended as Stocks Hold Ground - CNBC
Treasurys turned blended on Friday, erasing most early gains after stocks bounced off lows, stalling the safety bid for U.S. government debt. The issue for Treasurys investors is whether the stock market “has reached a place where it can try a

US STOCKS-Financial worry, GDP weigh; bargain hunters lurk - Reuters
NEW YORK, Feb 27 (Reuters) - U.S. stocks dipped on Friday as a move by the U.S. government to take a large stake in common shares of embattled Citigroup ( C.N ) fanned fears it will take a larger role in overseeing some troubled major banks

German SPD ministers push for stock mkt trading tax - Forbes
BERLIN, Feb 27 (Reuters) - Germany’s finance and foreign ministers on Friday called for the introduction of a tax on stock market trading and tougher financial regulations such as limits to bonuses and restrictions on speculation. Finance Minister

Stocks fall as Citigroup drags banks lower - Fox11AZ
NEW YORK (AP) — Stocks are mostly lower as investors second-guess Citigroup Inc.’s plans to turn over a huge piece of itself to the government. Citi shares are down 30 percent as investors calculate how much their holdings will be diluted by the plan

TREASURIES-Prices cut gains as stocks trim some losses - Reuters
NEW YORK, Feb 27 (Reuters) - U.S. Treasuries prices cut early gains on Friday as stocks bounced from session lows, curbing the safety bid for U.S. Treasuries. Benchmark 10-year notes , up 20/32 in price earlier in the session, erased that

INTERVIEW-HudBay says no plans for stock buyback - CNN Money
TORONTO (Reuters) - HudBay Minerals does not plan to use its cash hoard to buy back stock, despite pressure from an activist shareholder that prompted the company’s lenders to refuse to renew an C$80 million ($63 million) credit facility, HudBay’s

DNP Select Income Fund Inc. to Redeem a Series of Preferred Stock - Yahoo Finance
CHICAGO, Feb. 27 /PRNewswire-FirstCall/ — DNP Choose Income Fund Inc. (NYSE: DNP - News ) today announced that it will redeem Series B of its Remarketed Preferred Stock, liquidation preference $100,000 per share (CUSIP # 23325P302). The securities

Share This

Share This

Meritas Mutual Funds Successfully Brings ‘Say on Pay’ to Canada - CNW Group
KITCHENER, ON, Feb. 26 /CNW/ - Meritas Mutual Funds, one of Canada’s leading providers of Socially Responsible Investments (SRI), is announcing today that several of Canada’s banks have indicated their intention to provide investors with an advisory

OMA Announces Fourth Quarter and Full Year 2008 Earnings - StreetInsider.com
MONTERREY, Mexico, Feb. 26, 2009 (GLOBE NEWSWIRE) — Mexican airport operator Grupo Aeroportuario del Centro Norte, S.A.B. de C.V., known as OMA (Nasdaq: OMAB ) (BMV:OMA), reported its unaudited, preliminary results for the fourth quarter and full

Deckers Outdoor Corporation Reports Record Fourth Quarter and Fiscal - StreetInsider.com
– Net sales increased 53.6% to $689.4 million versus $448.9 million last year. — Diluted EPS of $5.60 on a GAAP basis, or $7.27 excluding the pre-tax non-cash write down of $14.9 million incurred in the second quarter of fiscal 2008 and the $20.9

Stunning $40B Que. pension loss prompts hearings - Nupge.ca
Caisse president admits making unsafe investments wiping out one quarter of the entire assets of Canada’s largest pension fund manager. Quebec City (27 Feb. 2009) - The Quebec government is calling key corporate managers before a special legislature

Weak health care stocks drag market lower - Detroit News
NEW YORK — This time, health care stocks bore the brunt of investors’ wrath. Health insurers and drug companies, some of the superior performers on Wall Street lately, led the market lower Thursday after the White Home proposed cutting payments to

Conn. town files lawsuit over Madoff losses - Contra Costa Times
FAIRFIELD, Conn.—Fairfield officials have filed a lawsuit against two companies after losing $42 million in municipal pension money invested with the disgraced New York financier Bernard Madoff. The lawsuit, filed Thursday in Bridgeport Better

Kohl Warns Of Baby Boomers’ Risky Investments - Channel 3000
WASHINGTON — Wisconsin Sen. Herb Kohl stated that many baby boomers nearing retirement have their money in risky investments that are losing value. Kohl stated a Senate committee investigation found many people who plan to retire next year are invested

More alleged Stanford victims emerge in Caribbean - Boston Globe
WILLEMSTAD, Curacao— R. Allen Stanford’s alleged offshore investment fraud snared dozens of people in Curacao and elsewhere in the Dutch Caribbean, a law firm stated Thursday. At least 50 people have registered with the HBN Law seeking help to

Share This

Share This

Scripps to shut Rocky Mountain News on Friday - CNN Money
LOS ANGELES (Reuters) - Media conglomerate EW Scripps Co will shutter the Pulitzer Prize-winning Rocky Mountain News after a sale process produced no qualified buyers, the company stated Thursday. The 150-year-old Denver newspaper will publish its

Rocky Mountain News to close Friday - Denver Business Journal
The Rocky Mountain News , Denver’s newspaper for the city’s entire history, will shut down Friday after nearly 150 years of operation. The newspaper announced shortly after noon that Friday’s paper will be its last. Its owner, E.W. Scripps Co. , said

Wall Street points higher as stocks rise overseas - Bellefontaine Examiner
NEW YORK — Wall Street headed toward a higher open today as investors showed some relief over more government help for the banking system. President Barack Obama’s budget proposal outlines the possibility of spending $250 billion more for

The Real-Time Source for Global Economic & Market News - Economicnews
26/02 14:34 - U.S. Banking Industry Posts First Loss Since 1990, FDIC States 26/02 13:10 - U.S. Seven-Year Note Returns as Auction Draws Yield of 2.748% 26/02 12:42 - Midday Market Recap: Stocks up Modestly, Oil Rises, Gold Falls 26/02 12:25 - U.S

Stock draw, weak dollar lift US copper to 2-wk high - Reuters
NEW YORK, Feb 26 (Reuters) - Copper settled at a two-week high in New York futures trade on Thursday, as a weaker dollar, upbeat equity markets, and a big drawdown in London stockpiles offset grim data from the labor, manufacturing, and housing

Stocks give up earlier gains and turn negative in late trading - USA This day
NEW YORK — Stocks gave up earlier gains and turned negative in late Thursday trading as investors continue to worry despite governnments’ efforts to help struggling banks. The U.S. and British governments have signaled they would do more to help

US financial stocks lifted by budget plans - Financial Times
US banking stocks leapt on Thursday after the Obama administration unveiled plans to set aside an additional $250bn for future bailout funds. The KBW banking index, which has already gained strong ground this week as fears of outright nationalisation

Brazil Stocks Gain Most in 2 Weeks on Bank Plans; Itau Rises - Bloomberg
Feb. 26 (Bloomberg) — Brazilian stocks rose the most in nearly two weeks as investors speculated government efforts to help global banks may ease the financial crisis. Banco Itau Holding Financeira SA , Latin America’s biggest bank, gained for the

US Stocks Rise Despite Dismal Economic Data; Banks Lead - Marketwatch
U.S. stocks rose, turning higher after a late rally fizzled Wednesday, despite a pair of dismal economic reports. Banks remained front and center for traders. The Dow Jones Industrial Average was higher by around 55 points in recent trading at 7,326

STOCKS NEWS US-RBC bullish on medical supplies companies - Reuters UK
Stocks on the move [HOT-RTRS] Real-Time Equity news [U E] U.S. stock market report [.N] 1436 ET 26Feb2009-RBC bullish on medical supplies companies —– RBC Capital Markets on

Share This

Share This

Filed under: Products and services, Google (GOOG), Microsoft (MSFT)

Google Inc.’s (NASDAQ: GOOG) Android operating system was publicly marketed as a mobile operating system when it was released. The first wireless handset it was available on was the G1 smartphone offered by the fourth-largest U.S. wireless carrier, T-Mobile USA. But, you can’t keep an open-source operating system developed by the Google behemoth down to just one platform.

Continue reading Google’s Android a sleeper threat to Microsoft?

Google’s Android a sleeper threat to Microsoft? originally appeared on BloggingStocks on Fri, 20 Feb 2009 17:00:00 EST. Please see our terms for use of feeds.

Read

Share This

Share This

Filed under: Google (GOOG), Microsoft (MSFT)

Google (NASDAQ:GOOG) might be working on an arrangement to put its Android handset operating system into Personal computers. The move wouldn’t be helpful to Microsoft (NASDAQ;MSFT). According to Bloomberg, “Asustek Personal Inc., which pioneered the market for sub-$500 laptops, may install Google Inc.’s free Android operating system on its low-cost notebooks, challenging the dominance of Microsoft Corp.’s Windows software.”

It is hard to see it as a challenge. Netbooks run OSs from other software development sources like Linux. Most buyers of the small machines have to upgrade to the more useful and robust version of Windows if they want its full functions of Word, spreadsheets, PowerPoint, and multimedia capacity.

The problem Android creates for Microsoft is long-term. If engineers can create applications that do mirror what Window does on the Personal computer, Redmond has a problem. But that development process could take years and could run into patent problems because of key IP rights that Microsoft has set up over the last two decades.

A Google-powered Personal computer might cause trouble for Microsoft, but that’s years away.

Douglas A. McIntyre is an editor at 24/7 Wall St.

Google’s (GOOG) next challenge to Microsoft (MSFT) originally appeared on BloggingStocks on Fri, 20 Feb 2009 04:06:00 EST. Please see our terms for use of feeds.

Permalink

Share This

Share This