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Source Match Wholesale Industry News

EPA orders Enbridge to stop Ill. pipeline spill (AP)

AP - The Environmental Protection Agency on Friday ordered Enbridge Energy Partners to stop the flow of oil from its leaking pipeline outside of Chicago by noon Monday.

'Here You Have' Is a Windows Problem (PC World)

PC World - Every time a virus like the current "Here You Have" worm comes around, people shake their heads, wring their hands and wonder how "computer security" can be improved.

Appeals court ruling threatens used software sales (AP)

AP - A federal appeals court has sided with the computer software industry in its effort to squelch sales of second-hand programs covered by widely used licensing agreements.

Gang Uses Facebook to Rob Houses (PC World)

PC World - Leaving the house this weekend? Telling all your Facebook buds about it? You might want to reconsider that.

Nokia Replaces CEO With Microsoft Exec In Smart Phone War (Investor's Business Daily)

Investor's Business Daily - Nokia has tapped a senior Microsoft (NMS:MSFT) executive as its new CEO, hoping to staunch steady erosion of cell phone market share and catch up in the fast-growing smart-phones arena.

Summary Box: Wholesale Inventories Rise in July

Summary Box: Wholesale inventories and sales both post better-than-expected gains in July Wholesale - Business - United States Department of Commerce - Conferences - Wholesale Trade

PARTING SHOTS: Living soldier awarded Medal of Honor (The Upshot)

The Upshot - Here is our roster of stories that managed to evade full-on blog treatment today: • Salvatore Giunta, a 22-year-old paratrooper, has become the first living soldier since Vietnam to be awarded the Medal of Honor. He rescued three fellow soldiers by running into a Taliban ambush. (Washington Post) • The Justice Department will not seek [...]

IMF says risks to global growth have intensified (Reuters)

Reuters - The International Monetary Fund said on Friday that downside risks to global recovery have intensified due to recent turbulence in sovereign debt markets and continued weakness in the financial sector.

Chrysler bosses sue over lost pensions (AFP)

The Chrysler logo is displayed during the Los Angeles Auto Show in Los Angeles, California, 2009. More than 450 Chrysler bosses including ex-chairman Lee Iacocca sued Daimler AG and Cerberus Friday claiming they lost 100 million dollars in pensions in the automaker's bankruptcy.(AFP/File/Gabriel Bouys)AFP - More than 450 Chrysler bosses including ex-chairman Lee Iacocca sued Daimler AG and Cerberus Friday claiming they lost 100 million dollars in pensions in the automaker's bankruptcy.


2 plead guilty in Wash. to massive tax scheme (AP)

AP - Two Seattle-area men pleaded guilty Friday to federal charges stemming from an illegal tax shelter that enabled wealthy clients — including philanthropist Robert Wood Johnson IV and Hollywood mogul Haim Saban — to avoid paying taxes on $1.3 billion in capital gains.

Investors, prepare for volatility (Reuters)

Reuters - Investors are using options to brace for big swings next week as Wall Street enters the peak of the most volatile month for stocks historically.

IMF warns of debt menace as recovery slows (AFP)

The International Monetary Fund (IMF) building is seen in Washington, DC, 2008. High levels of national debt and a still shaky financial sector threaten to derail the global economic recovery, the IMF warned on Friday.(AFP/File/Tim Sloan)AFP - High levels of national debt and a still shaky financial sector threaten to derail the global economic recovery, the IMF warned on Friday.


Judge allows subpoenas for Internet users (AP)

AP - A federal judge on Friday allowed the holder of a movie copyright to subpoena the names of people accused of illegally downloading and distributing a film over the Internet.

Roku HD-XR, Apple TV, and Streaming Media on PCWorld Podcast #90 (PC World)

PC World - Want to stream HD movies, TV shows, and music from your PC and the Internet to your living-room HDTV?

Market gains as economic outlook brightens (Reuters)

Traders work on the floor of the New York Stock Exchange, September 7, 2010. REUTERS/Brendan McDermidReuters - The Dow and S&P 500 closed the week with their seventh gain in eight sessions in a turnaround period for stocks that has seen investors' worst fears about the economy start to dissipate.


Geoghegan replaces Feinberg as pay czar (Reuters)

Reuters - The Treasury Department has selected Patricia Geoghegan to replace Kenneth Feinberg as the "pay czar" overseeing compensation at companies bailed out by the government.

Apple to end free case offer for iPhone 4 on Sept. 30 (Ben Patterson)

Ben Patterson - Claiming that the iPhone 4’s infamous "death grip" problem is "even smaller than we originally thought," Apple announced Friday that it would end its offer of free cases for all iPhone 4 owners by the end of the month.

Apple to end free iPhone case program September 30 (Reuters)

Reuters - Apple Inc said on Friday it will end its free iPhone case giveaway at the end of September, saying the antenna problem was smaller than the company originally thought.

Wholesale Inventories Edge Higher

U.S. wholesale inventories rose 1.3 percent in July above an upwardly revised climb in June, the Commerce Department said Friday.

Toys R Us posts loss on costs and international weakness (Reuters)

Reuters - Toys R Us Inc , which is looking to go public, reported a quarterly loss on higher costs and weakness in its international business.

US widens probe of HP bribery allegations (AP)

AP - U.S. investigators have widened their probe of alleged kickbacks paid to Russian authorities by employees of a Hewlett-Packard Co. subsidiary in Germany.

Judge approves Sun Country bankruptcy plan (AP)

AP - Sun Country Airlines said a bankruptcy judge approved its reorganization plan on Friday, putting it another step closer to emerging from Chapter 11 protection.

Will DVD kiosks begin slow fade in 2012? (Ben Patterson)

Ben Patterson - DVD rental kiosks from Redbox and Blockbuster seem to be popping up on every corner these days, but home-video market analysts are predicting that demand for the ultra-convenient kiosks could soon start cooling off as video streaming and video-on-demand gain in popularity.

GetGlue Smashes Onto the iPad (Mashable)

Mashable - Social sharing and recommendation service GetGlue has just released its iPad app.

LEGO Android Towers Over Your iPhone at 15 Inches (PC World)

PC World - Grayson Wendell must really love the Android operating system---so much that he constructed a huggable model of the Android mascot entirely out of Lego bricks. Using a program he wrote to design Lego domes (does this make it CALDD software---computer-aided Lego dome design?), Grayson spent a week developing and building the 15-inch Lego mascot.

Where to Buy a Home for Less Than $800 a Month (U.S. News & World Report)

U.S. News & World Report - While the nation's real estate crash has been a nightmare for homeowners, it has created some outstanding opportunities for would-be buyers. Home prices in 20 major cities dropped 33 percent from the summer of 2006 to the spring of 2009--and in certain markets, the plunge was even steeper. At the same time, the federal government's efforts to revive the housing market have helped drive financing costs to record lows. Thirty-year fixed mortgage rates fell to an average of 4.32 percent for the week ending September 2. That's the lowest level in nearly 40 years of record-keeping. ...

WikiMobile Encyclopedia lets you bring Wikipedia on the road (Appolicious)

Appolicious - How much do two million Wikipedia articles weigh? About as much as your Android phone. WikiMobile Encyclopedia delivers the content of Wikipedia to your phone in an Android app. It works, but it's not the only game in town for accessing Wikipedia material over a cell phone.

Would-be Wall Street sheriffs strike cautious tone (Reuters)

Reuters - All candidates vying to be the next so-called Sheriff of Wall Street say they will find the bad apples without overturning the applecart in the financial capital's fragile economic recovery.

July wholesale inventories jump 1.3 percent

Wholesale inventories surged the most in two years in July, adding to signs that economic growth in the third quarter of the year may prove a bit stronger than many forecasters had expected.

Android to challenge Nokia's Symbian by 2014: Gartner (AFP)

The Google Nexus One smartphone is seen on January 2010 in Washington, DC. Google's open-source Android will become the number two mobile operating system this year, leapfrogging BlackBerry and challenging market leader Nokia's Symbian by 2014, a research firm said Friday.(AFP/File/Paul J. Richards)AFP - Google's open-source Android will become the number two mobile operating system this year, leapfrogging BlackBerry and challenging market leader Nokia's Symbian by 2014, a research firm said Friday.


Nokia dumps CEO, turns to Microsoft exec (AP)

Nokia's new Chief Executive, Stephen Elop, speaks during the press conference Friday, Sept. 10, 2010, in Espoo, Finland.  Nokia Corp,  said on Friday that Chief Executive Olli-Pekka Kallasvuo will be replaced by Head of Microsoft's Business Division Stephen Elop on September 21. (AP Photo/Lehtikuva, Antti Aimo-Koivisto ) ** FINLAND OUT  NO SALES **AP - Nokia Corp. is replacing CEO Olli-Pekka Kallasvuo with Microsoft executive Stephen Elop as the world's top maker of mobile phones aims to regain lost ground in the fiercely competitive smart phone market.


US wholesale inventories jump 1.3% in July

US wholesale inventories jump 1.3% in July

Wholesale Inventories Rise Sharply In July

(RTTNews) - US wholesale inventories rose the most in two years in July, a sign that merchants expect consumer demand to pick up. Inventories rose 1.3% to $405.0 billion in July from the previous months upwardly revised levels, according to a report from the Commerce Department released Friday.

Treasury's Barr to testify on Fannie and Freddie (Reuters)

Reuters - Michael Barr, assistant treasury secretary for financial institutions, and Edward DeMarco, acting director of the Federal Housing Finance Agency will testify on Capitol Hill next week on the future of Fannie Mae and Freddie Mac .

Greece pledges to overhaul loss-making state rail (AP)

Coast guards lock the gate of the harbor as riot police take positions during a protest  in Thessaloniki, Greece Friday Sept. 10, 2010. Unions are staging protests in Thessaloniki ahead of an annual weekend speech on the state of the economy by Prime Minister George Papandreou. Unions are angry at plans by Papandreou's Socialist government to sell-off and reform loss-making state enterprises and relax labor rules as part of an effort deal with Greece's acute debt crisis. (AP Photo/Dimitri Messinis)AP - The Greek government pledged Friday to radically overhaul loss-making state rail company OSE, as official data showed efforts to cut the country's bloated budget deficit remained on track, if slightly asthmatic.


Wholesale Inventories Rise 1.3 Percent in July

Wholesale inventories increase in July by largest amount in 2 years while sales post rebound Business - Government - Wholesale Trade - United States - Conferences

Nokia brings in Microsoft exec to replace CEO (Reuters)

A girl tests out the new Nokia N8 mobile phone at the Nokia Flagship store in Helsinki September 10, 2010. REUTERS/Markku Ulander/LehtikuvaReuters - Nokia has hired Stephen Elop, a Canadian Microsoft executive with Silicon Valley credentials, to replace its embattled chief executive and renew its drive to compete with Apple.


Wholesale inventories rise 1.3 percent in July

Inventories held by wholesalers surged in July by the largest amount in two years while sales rebounded after two straight declines. The Commerce Department said Friday that wholesale inventories rose 1.3 percent in July, the best performance since July 2008... Wholesale - Business - Conferences - Computer Science - Wholesale Trade

Wholesale inventories increase in July by largest amount in 2 years while sales...

Wholesale inventories increase in July by largest amount in 2 years while sales post rebound.

Sep 10: Wholesale Inventories Rise

Wholesale Inventories up 1.3%

Sep 10: Wholesale Inventories

Wholesale Inventories today at 10:00 AM EST

Admissions Q&A: Brigham Young (BusinessWeek)

BusinessWeek - Brigham Young University's Marriott School of Management (Marriott Full-Time MBA Profile) offers students more than a rigorous business education. Students at the school, owned by the Church of Jesus Christ of Latter-day Saints, are required to abide by a strict honor code, based on the tenets of the Mormon religion. The code includes rules against academic dishonesty and requires students to "live a chaste and virtuous life." It also prohibits drugs, alcohol, and coffee -- even at home. ...

European stocks dip, euro rises amid bank plans (AFP)

European stock markets drifted lower amid mixed world economic data, while a reported plan by Deutsche Bank to issue new shares reignited concerns about the health of Europe's banking sector.(AFP/File/Charly Triballeau)AFP - European stock markets drifted lower on Friday amid mixed world economic data, while a reported plan by Deutsche Bank to issue new shares reignited concerns about the health of Europe's banking sector.


Hurd's Oracle gig: Is Ellison perk or problem? (AP)

FILE - In this Sept, 24, 2008 file photo, Oracle CEO Larry Ellison, right, and (then) Hewlett Packard CEO Mark Hurd, on screen, smile during the Oracle Open World conference in San Francisco. As co-president at Oracle Corp., ousted Hewlett-Packard Co. CEO Mark Hurd will have to adapt to a new role playing second fiddle to one of Silicon Valley's most domineering bosses — Larry Ellison. (AP Photo/Paul Sakuma, file)AP - As co-president at Oracle Corp., ousted Hewlett-Packard Co. CEO Mark Hurd will have to adapt to a new role playing second fiddle to one of Silicon Valley's most domineering bosses — Larry Ellison.


Shoe seller DSW's operator says 2Q profit jumps (AP)

AP - Retail Ventures Inc., which operates the DSW shoe store chain, posted a 67 percent jump in second-quarter net income as a key revenue figure improved.
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