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CompareCC News Archive Listing for Business during 2005-11-24.
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Staff Issues Hampering Morgan's Recovery
 
Five months into his term as chief executive of Morgan Stanley, John J. Mack is stepping up efforts to add new businesses.
A German Auto Supplier Delphi Might Envy
 
Continental, a German auto parts maker, has avoided most of the jolts that have rattled its American counterparts - Delphi and General Motors.
Oil Companies File Arbitration Against Yemen
 
Two U.S. oil companies filed arbitration this week against Yemen for expropriating an oil-producing block with output worth more than $1 billion a year.
Economic Scene : Sometimes, a Tax Cut for the Wealthy Can Hurt the Wealthy
 
A careful reading of the evidence suggests that even the wealthy have been made worse off, on balance, by recent tax cuts.
The Long Wait for the Chance to Empty Pockets and Shed Shoes
 
With 21.7 million people expected to fill airports over the Thanksgiving travel period, this would seem to be the time for the T.S.A. to shine.
Son of Adelphia Founder Guilty of Falsifying Records
 
By The Associated Press.
Europe's Turn to Wrestle With Obesity
 
Europe's food industry and consumer groups are to submit ideas to the European Union on Thursday on how to confront obesity.
Move by Ex-Andersen Partner Could Affect Enron Case
 
By Bloomberg News.
Steel Maker in Canada Receives Offer
 
In a bid to supply steel to North American auto plants, Arcelor has begun a 4.3 billion Canadian dollar ($3.66 billion) hostile bid for Dofasco, Canada's largest steel maker.
Declining Fuel Prices Help Lift Consumer Sentiment This Month
 
Falling fuel prices lifted consumer sentiment in the United States this month, brightening the outlook for the holiday shopping season.
Insider Charge Filed Against Ex-Broker
 
Prosecutors have charged a former securities broker with insider trading by illegally obtaining advance copies of Business Week and buying stocks that the magazine was covering favorably.
United Unit to Sell Retail Goods in Flight
 
By Bloomberg News.
Which Plan? The Answers Are Out There
 
Signing up my father for a Medicare drug plan should be simple, especially because the Medicare.gov Web site is well designed and easy to use. If only the real world would cooperate.
Profit Rose in Fourth Quarter, but Hormel Issues a Warning
 
By Reuters.
Profit Off at Gillette Units
 
The Procter & Gamble Company said yesterday that third-quarter earnings fell at two units acquired from Gillette, hurt by marketing expenses and flat battery sales.
Shares Climb on Lower Oil Prices and Rising Confidence
 
By The Associated Press.
Court Ruling on Delphi Pay Is Delayed
 
By Reuters.
To Help Tune the TV, a High-Tech Arachnid
 
Datacolor's SpyderTV unit is the high-tech route to adjusting color, brightness and contrast.
Ex-Chief's Firm Is Selling A.I.G. Shares
 
By Reuters.
BlackBerry Maker Lowers Subscriber Forecast
 
By Bloomberg News.
Big Board's Deal for Archipelago Is Deemed Fair
 
By Bloomberg News.
Placer Dome Rejects Bid by Rival Gold Producer
 
By The Associated Press.
Tickling the Ivories and the Keyboard in One Device
 
The Creative Prodikeys PC-MIDI multifunction keyboard lets you play music as you type, or vice versa.
Basics: CD/DVD Burners With Extra Oomph
 
For discerning mediaphiles, aftermarket drives offer faster recordings and higher quality.
A Novel Repair Concept: Replace Battery, Not iPod
 
A line of high-capacity batteries from Sonnet Technologies offers a solution to the iPod's Achilles' heel: its battery.
A Moody Robotic Chimp With Eyes That Can Track Your Every Move
 
Animatronics are primed to invade the living room in the form of a hairy, interactive digital toy: the Alive Chimpanzee by the toy robotics maker WowWee.
Q. & A.: Leaving It On or Shutting It Off
 
Is it better to turn off the computer or can I just keep it on all the time?
Three Sizes of Data to Go, All in the Same Small Package
 
Memorex has increased the capacity of its tiny Mega TravelDrive hard drives from four gigabytes to as much as eight gigabytes.
Millions Face a Deadline for Choosing a New Medicare Plan
 
Before you throw up your hands, there are basic steps that can be taken to help decide which plan is right for you.
David Pogue: A Tiny Windows Laptop With a Sense of Fashion
 
In a world of smaller and smaller laptops, the Flybook attempts to find a balance somewhere on the spectrum between miracle and torture device.
When the Founder Finally Decides to Share the Load
 
When Derek Mercer's company became successful, he faced a stark choice: cash out or hire a manager to take charge.
Key US holiday season a shade brighter for retailers
 
AFP - The holiday season is looking a bit brighter for US retailers, with energy prices falling from record highs and the impact of hurricanes fading, analysts say.
Bank of Italy investigated by EU
 
The European Commission is to begin legal action against the Italian central bank, over alleged bias in takeover cases.
FBI arrests magazine-trade broker
 
A former stockbroker is arrested on suspicion of trading on information contained in stolen copies of Business Week magazine.
Weak sales hit Nintendo profits
 
Nintendo, creator of iconic characters Donkey Kong and Mario Brothers, sees profits drop amid weaker sales of its latest gaming console.
Delphi bonus plan delayed
 
Car-parts firm Delphi delays plans for executive rewards amid union and investor opposition.
Hutton unveils five pension tests
 
New pensions secretary John Hutton is to unveil five tests he wants reforms to meet as he makes his first key speech.
Swisscom ponders $12 bln TDC bid: WSJ
 
Reuters - Swisscom is considering bidding for Danish telecoms company TDC in conjunction with a private equity group, in what would be roughly a $12 billion deal, the Wall Street Journal reported on Thursday.
IMF to soften "shocks" for poor nations
 
Reuters - The International Monetary Fund (IMF) has set up a new facility to provide funds to poor countries in the case of natural disasters or balance-of-payments crises stemming from a surge in oil prices, Japan's Ministry of Finance (MOF) said on Thursday.
Radio group's profits disappoint
 
The owner of the Capital and Classic FM radio stations, GCap Media, sees profits drop by more than a quarter.
Swisscom eyes $12 bln TDC deal: WSJ
 
Reuters - Swisscom AG is reviewing ways to acquire Danish telecoms company TDC A/S and may team up with a private equity group to secure the $12 billion takeover deal, the Wall Street Journal reported on Thursday.
Kesa Electricals sees sales rise 2.5 percent in third quarter
 
AFP - Kesa Electricals, the British electricals-to-furniture retailer, said that group sales across its European businesses rose by 2.5 percent during the third quarter to 973.1 million pounds (1.42 billion euros, 1.68 billion dollars).
German business confidence dented
 
German firms became less confident about their business outlook during November, a report suggests.
Indian cash eyes West Africa oil
 
India offers West African nations up to $1bn towards infrastructure projects in exchange for oil rights.
FBI arrests 'mag theft' broker
 
A former stockbroker is arrested on suspicion of trading on information contained in stolen copies of Business Week magazine.
Brown 'to shelve' pensions plan
 
Gordon Brown believes pensions proposals to be published next week are unaffordable, the BBC learns.
Radio group hit by profit slide
 
Shares in Capital Radio-owner GCap Media plunge 17% after it reports profits down by more than a quarter.
Marathon to buy Refco London: Man Group
 
Reuters - London-listed hedge-fund company Man Group Plc said on Thursday Marathon Asset Management had replaced it as purchaser of assets and accounts of London businesses of bankrupt U.S. brokerage Refco .
CNN sells stake in Germany's NTV
 
Reuters - RTL Group is buying out CNN's 50-percent share in German news channel n-tv, taking its stake to 100 percent, it said on Thursday.
Swisscom eyes $12 bln TDC bid: WSJ
 
Reuters - Swisscom AG is reviewing ways to acquire Danish telecoms company TDC A/S and may team up with a private equity group to secure the $12 billion takeover deal, the Wall Street Journal reported on Thursday.
EU agrees cut in sugar subsidies
 
A reduction in subsidies for Europe's sugar farmers is agreed by European Union agriculture ministers.
Brown 'rejects key pension plan'
 
Gordon Brown believes pensions proposals to be published next week are unaffordable, the BBC learns.
Bank 'keeping eye' on gas prices
 
Mervyn King, governor of the Bank of England, tells MPs the bank will closely monitor the impact of gas prices on inflation.
Swisscom may partner for TDC bid: sources
 
Reuters - Swisscom AG , which is mulling a bid for Denmark's TDC , is talking to buyout firms about divesting parts of TDC's business in the event of any takeover, sources close to the matter said.
Poor GameCube sales zap Nintendo
 
Reuters - Nintendo Co. Ltd. (7974.OS) said its first-half operating profit plunged 51 percent as sluggish GameCube sales outweighed currency-related gains, but it kept its forecast for the full year.
Russian steel firm confirms float
 
Steel firm Novolipetsk is to float about 7% of its shares in London, the latest Russian firm to join the market.
Russia's Rosneft sees profit jump
 
Russia's state-owned oil company Rosneft sees profits surge after taking over the main business of Yukos.
German Business Confidence Falls in Nov.
 
AP - German business confidence fell in November, a closely watched survey showed Thursday, with the country's retailing sector leading the decline, though signs of a moderate economic recovery continued.
SFO to assess Compass case
 
The Serious Fraud Office is to consider whether it needs to investigate corruption allegations against Compass.
New laws 'storm in a pint glass'
 
The new round-the-clock licensing laws will have little effect on drinks consumption, a survey says.
Hopes grow for Gazprom deal
 
Russia agrees to relax rules over foreign ownership of shares in gas and oil giant Gazprom, reports say.
US strip club inquiry boss quits
 
The boss of US telecoms firm Savvis resigns after an inquiry into a strip club bill charged to a company credit card.
Rate Rise Is Opposed in Europe
 
A survey of German businesses reported a larger-than-expected decline in confidence in November, suggesting that Europe's biggest economy, while growing, remains fragile.
W.T.O. Chief Won't Count on Consensus
 
In the face of trade talks that have been deadlocked for years, Pascal Lamy intends to issue a broad outline of where the different sides stand on a range of issues.
A Bank Rebuilds: A New Orleans Bank Faces Mold, Ruins and Tough Choices
 
The slow progress of New Orleans' largest black-owned bank in returning to full operations is the wider tale of a community still in stasis.
Advertising: Placing Ads in Some Surprising Spaces
 
Once-conservative mainstay marketers are looking to nontraditional media as they seek to reach bombarded consumers.
Risk Management, for the Highest Stakes
 
Bird flu fears spur Lehman Brothers to prepare for the possibility of a pandemic.
Canada Proposes Large Aid Package for Its Lumber Industry
 
The Canadian government outlined an aid package for its softwood lumber industry that may exacerbate Canada's long-running trade dispute with the United States.
Insider: One Regulator to Rule Them All?
 
ON Dec. 22, 2002, a swarm of securities regulators gathered on a stage to announce a pact with Wall Street firms to improve the quality of investment research. Representatives from the Securities and Exchange Commission, the New York Stock Exchange, the New York attorney general's office, the North American Securities Administrators Association, and state regulators, were present. Only Sheriff Rosco P. Coltrane of Hazzard County seemed to be missing.
European Shares Fall in Tandem With World Markets
 
By Bloomberg News.
Europe Softens Plan to Reduce Sugar Prices
 
The European Union's agriculture commissioner has scaled back a plan to reduce sugar prices after producers said that they faced job losses and lower earnings.
Savvis Chairman Resigns
 
Robert McCormick has resigned from Savvis Inc. after an investigation into charges he made on a company credit card at a New York City topless club in 2003.
Hawaii Finds New Exportable Resource: Ocean Water
 
For decades, tourists have paid thousands for the chance to surf, snorkel and splash in Hawaii's crystalline waters. Now they're paying $5.50 a bottle to drink it.
Profit Soars at Rosneft
 
The Russian state-owned oil company Rosneft yesterday reported a jump in profit of about 600 percent for the first half of 2005, reflecting its takeover last year of the largest production unit of the privately held Yukos.
While Others Reported Accident, NBC Stuck to Sunny Re-Broadcast of Last Year's M
 
NBC did not interrupt its broadcast of the Macy's Thanksgiving Day parade with the news that a balloon had crashed into a light pole, injuring two sisters.
In China, Wholesale Urban Flight
 
Across China, dozens of reborn cities are sprouting up, relocating their town centers or creating entirely new ones.
[TS] How to Botch a Share Sale, French Style
 
In the United States, employees celebrate when their companies sell shares to the public. In France, the workers stage protests.

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