Archive for August 15th, 2008


RTT News
Cadence pulls its Mentor takeover bid
The Oregonian - OregonLive.com - 57 minutes ago
Mentor Graphics Corp. shed one problem Friday when an unwelcome suitor abruptly pulled its takeover bid, but the Wilsonville-based company has new trouble: explaining to shareholders why it turned back the lucrative deal.
Cadence Scraps $1.6 Billion Hostile Bid for Mentor (Update4) Bloomberg
Cadence Design pulls bid for Mentor Graphics MarketWatch
Forbes - Wall Street Journal - Bizjournals.com - guardian.co.uk
all 176 news articles

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Canada.com
Chemical Used in Plastic Bottles Is Safe, FDA Says
New York Times - 12 hours ago
By AP WASHINGTON (AP) - Despite safety concerns of parents, consumer groups and politicians, a chemical used in baby bottles, canned food and other items is not dangerous, federal regulators said Friday.
Chemical in Cans, Bottles Called Safe by US Staff (Update3) Bloomberg
FDA Again Finds BPA Safe Despite Critics' Concerns Consumer Affairs
Reuters - eFluxMedia - The Associated Press - Seattle Times
all 420 news articles

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Boston Globe
Merrill, Goldman Pressured by Cuomo on Auction-Rate Debt
Bloomberg - 1 hour ago
By David Mildenberg and Karen Freifeld Aug. 16 (Bloomberg) — Merrill Lynch & Co. and Goldman Sachs Group Inc. face increased pressure by New York State Attorney General Andrew Cuomo to settle claims they misled investors on auction-rate debt as
Wachovia in Auction-Rate Buyback; Merrill Lynch Faces Suit by Cuomo Wall Street Journal
Wachovia to buy back auction-rate securities MarketWatch
guardian.co.uk - Bizjournals.com - Kansas City Star - Forbes
all 681 news articles

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ABC News
T-Mobile to Offer First Phone With Google Software
New York Times - 6 hours ago
By LAURA M. HOLSON and MIGUEL HELFT T-Mobile will be the first carrier to offer a mobile phone powered by Google’s Android software, according to people briefed on the company’s plans.
Will Android Handset Be … InternetNews.com
Holiday deadline for Google’s dream phone nears CNNMoney.com
Washington Post - SunJournal.com - Reuters - eFluxMedia
all 233 news articles

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FOXBusiness
Bracing for Inflation
BusinessWeek - 1 hour ago
by John K. Castle Growing evidence suggests American consumers, businesspeople, and political leaders should all be bracing for double-digit inflation, probably as early as 2009.
Living Costs Rising Fast, and Wages Are Trailing New York Times
US inflation at highest since 1991 Financial Times
Bizjournals.com - Baltimore Sun - Forbes - Barron’s
all 1,305 news articles

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Boston Globe
Merrill facing auction rate suit
Financial Times - 23 minutes ago
By Joanna Chung in New York Andrew Cuomo, New York's attorney-general, said yesterday he would take imminent legal action against Merrill Lynch, calling the bank's proposal to buy back auction rate securities from investors "woefully inadequate".
UPDATE: Senator Seeks Higher Fines For Banks In ARS Cases CNNMoney.com
Lawsuit threat to Merrill Lynch BBC News
Wall Street Journal - guardian.co.uk - Bloomberg - MarketWatch
all 2,145 news articles

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Boston Globe
Obama Camp Puts Forward More Modest Tax Changes
New York Times - 5 hours ago
By LARRY ROHTER Senator Barack Obama appears to be altering his proposals for extending Social Security payroll taxes and raising the capital gains tax, by delaying the increases or scaling them back.
US candidates resist diluting climate plans Financial Times
Democrats say Corsi book full of lies Boston Globe
Chicago Daily Herald - The Associated Press - Salt Lake Tribune - Wall Street Journal
all 198 news articles

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Canada.com
Netflix shipments back on track after severe outage
Reuters - 1 hour ago
By Alex Dobuzinskis LOS ANGELES (Reuters) - Online DVD rental pioneer Netflix Inc said it resumed normal shipping on Friday after a three-day disruption, the worst in the company's decade of operations.
Netflix says DVD shipping glitched fixed Bizjournals.com
Netflix starts shipping videos again San Jose Mercury News
The Associated Press - Los Angeles Times - CNBC - MainStreet
all 550 news articles

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Boston Globe
JPMorgan and Morgan Stanley near auction rate buy-back deal
Financial Times - 43 minutes ago
By Joanna Chung and Francesco Guerrera in New York JPMorgan and Morgan Stanley were last night nearing settlements with regulators to buy back billions of dollars worth of auction rate securities from investors, people briefed on the negotiations said.
Lawsuit threat to Merrill Lynch BBC News