Archive for July 2nd, 2008


Canada.com
Microsoft and Yahoo mull partner options
Reuters - 1 hour ago
By Eric Auchard and Kenneth Li SAN FRANCISCO/NEW YORK (Reuters) - Microsoft and Yahoo have been holding separate talks with other potential media partners after their negotiations with each other broke down, sources familiar with the companies'
Report: Microsoft seeks help for another Yahoo bid The Associated Press
Judge says Google doesn't have to release search code:report MarketWatch
Wall Street Journal - Bloomberg - New York Times - DaniWeb
all 704 news articles

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LAist
LA Times to cut 250 positions
Variety - 4 hours ago
By BRIAN LOWRY Citing a sluggish California economy that has exacerbated advertising woes, the Los Angeles Times announced that it will slash an additional 250 jobs across the company before Labor Day, including 150 editorial positions — or more than
Los Angeles Times to cut 250 jobs, including 150 from Los Angeles Times
UPDATE 1-LA Times to cut 250 jobs, 150 in editorial Reuters
Chicago Tribune - Crain’s Chicago Business - LAist - abc7news.com
all 272 news articles

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Bayou Co-Founder Sam Israel Gives Up After a Month on the Run
Bloomberg - 3 hours ago
By Carlyn Kolker and Sree Vidya Bhaktavatsalam July 2 (Bloomberg) — Samuel Israel, the hedge-fund firm founder convicted of directing a $400 million fraud at Bayou Group LLC, surrendered to authorities almost a month after he jumped bail to avoid a
Fund Manager Who Faked His Suicide Surrenders New York Times
Fugitive former hedge fund boss gives himself up Financial Times
Reuters - North Country Gazette - Boston Herald - East Valley Tribune
all 908 news articles

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AirTran Puts Wages On Standby
Forbes - 6 hours ago
Rising costs have spurred creativity in the airline industry, as carriers seek out ways to trim expenses. AirTran employees are finding out today that their paychecks will be trimmed as well.
AirTran plans to cut employee pay CNNMoney.com
AirTran cuts worker pay 5% to 15% Bizjournals.com
Atlanta Journal Constitution - Kansas.com - Live 5 News - Orlando Sentinel
all 38 news articles

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ABC News
Fund Manager Who Faked His Suicide Surrenders
New York Times - 2 hours ago
By ABHA BHATTARAI The fugitive hedge fund swindler Samuel Israel III surrendered to law enforcement officials on Wednesday, ending a manhunt that began shortly after he faked his suicide on the day that he was to report to prison in Ayer, Mass.
Bayou Co-Founder Samuel Israel Surrenders a Month After Fleeing Bloomberg
Hedge fund scammer surrenders in Massachusetts The Associated Press
Reuters - BloggingStocks - WSHM-TV - findingDulcinea
all 841 news articles

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FOXBusiness
Drop in Inventory Pushes Oil Higher
New York Times - 59 minutes ago
By CLIFFORD KRAUSS HOUSTON - If drivers were looking for some relief at the pump this Fourth of July weekend, perhaps they should think again.
Oil Rises to Record After Crude Supplies Fall, Dollar Weakens Bloomberg
Oil prices rise to record highs above $144 Washington Post
guardian.co.uk - The Associated Press - Wall Street Journal - Reuters
all 1,510 news articles

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American Airlines Plans Biggest Job Cuts Yet
New York Times - 1 hour ago
By MICHELINE MAYNARD American Airlines expects to cut nearly 7000 employees by the end of the year, or about 8 percent of its worldwide work force, as it reduces flights and grounds aircraft because of high fuel prices, the airline told employees
AMR cutting jobs to offset fuel prices Reuters
American Airlines Notifies Attendants of Possible Furlough Wall Street Journal
MarketWatch - The Associated Press - Bizjournals.com - Bloomberg
all 329 news articles

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BBC News
Dow Jones becomes a bear market
BBC News - 1 hour ago
The Dow Jones Industrial Average closed more than 20% below its October 2007 peak on Wednesday, meaning it is officially a bear market.
Asia Day Ahead: GM Bankruptcy `Not Impossible,' Merrill Says Bloomberg
Stock Pain Continues: Bear Market Arrives ABC News
Onet.pl - Wall Street Journal Blogs - Briefing.com - Wall Street Journal
all 217 news articles

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CNN
Fugitive hedge-fund swindler surrenders in Mass.
The Associated Press - 2 hours ago
NEW YORK (AP) - A hedge fund swindler who set off a national manhunt when he faked his suicide to avoid reporting to prison surrendered Wednesday to small-town police in Massachusetts.
Fugitive Fund Manager Who Faked Suicide Surrenders New York Times
Fugitive ex-hedge fund manager Israel surrenders Reuters