LIBOR process flawed, U.S. regulator finds
The process for setting a key global interest rate is flawed and poses a risk to the stability of financial markets, according to a report from the U.S. Treasury Department.…
DirecTV and Viacom Settle Dispute Over Fees, Restoring Service – New York Times (blog)
New York Daily News DirecTV and Viacom Settle Dispute Over Fees, Restoring ServiceNew York Times (blog)By BRIAN STELTER DirecTV and Viacom may have quarreled bitterly over the costs of a…
Us state unemployment rates in June, compared to May and a year ago, at a glance – Washington Post
Eagle 99.3 FM WSCH Us state unemployment rates in June, compared to May and a year ago, at a glanceWashington PostUnemployment rates rose in 27 US states last month, the…
Higher vehicle prices push inflation higher
Consumer prices rose at an annual pace of 1.5 per cent in June, slightly ahead of the 1.2 per cent increase a month earlier, Statistics Canada reports. CBC | Business…
Viacom and DirecTV reach deal, end blackout – Los Angeles Times
The Guardian Viacom and DirecTV reach deal, end blackoutLos Angeles TimesSpongeBob SquarePants and Snookie are coming back to DirecTV. Cable programming giant Viacom and satellite broadcaster DirecTV reached a deal…
Microsoft reports first loss in 26 years
Microsoft says an accounting adjustment to reflect a weak online ad business led to its first quarterly loss in 26 years as a publicly-traded company. CBC | Business News…
Yahoo to Pay CEO Mayer $100 Million Over Five Years – Wall Street Journal
Wall Street Journal Yahoo to Pay CEO Mayer $ 100 Million Over Five YearsWall Street JournalBy AMIR EFRATI Yahoo Inc. showed just how big it is betting that new Chief…
Google results ease Wall St worries – Financial Times
CBC.ca Google results ease Wall St worriesFinancial TimesBy Richard Waters in San Francisco Google met revenue and earnings estimates for its core internet services during the second quarter, easing Wall…
B.C. declares ‘total victory’ with softwood ruling
The B.C. government is claiming what it calls a “total victory” in the latest softwood lumber skirmish with the U.S. after an international court completely dismissed a U.S. complaint. CBC…
Morgan Stanley Swings to Profit, but Revenue Falls – New York Times
New York Times Morgan Stanley Swings to Profit, but Revenue FallsNew York TimesBy MICHAEL J. DE LA MERCED Morgan Stanley said on Thursday that it swung to a profit in…
