PRESS DIGEST - New York Times business news - Sept 19

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Sept 19 | Mon Sep 19, 2011 2:04am EDT

Sept 19 (Reuters) - The following were the top stories on The New York Times business pages on Monday. Reuters has not verified these stories and does not vouch for their accuracy.

* Google's slogan may be don't be evil, but a growing chorus of antitrust regulators in the United States and Europe want to know if the company has lived up to that creed.

* Greek leaders struggled to agree to budget reductions that would satisfy foreign lenders' demands even as they tried to stave off mounting resistance to those cuts at home.

* The Federal Reserve is under pressure from investors to act to encourage growth and from Republican presidential candidates and others to refrain from acting.

* Swiftly and at little cost, newspapers, magazines and sites like The Huffington Post are publishing their own version of e-books.

* With the United Nations set to meet on the urgency of diseases, brand-name makers and the Obama administration are fighting potential sales of cheaper medicines to poorer countries.

* Obama plan to cut deficit will trim spending by $3 trillion: The plan is President Obama's opening salvo in sweeping negotiations on deficit reduction to be taken up by a joint House-Senate committee over the next two months.

* Velocity, the cable channel replacing Discovery's low-rated HD Theater channel, believes men making $150,000 or more are underserved in today's television landscape.

* Facebook to offer path to media: The social media site's new platform will allow its 750 million users to easily share their favorite music, movies and other forms of entertainment.

* UBS says trading losses were closer to $2.3 billion: The Swiss banking giant said unauthorized trades in index futures were at the center of rogue trading that led to a $2.3 billion loss.

* Siemens (SIEGn.DE), the largest engineering conglomerate in Europe, announced Sunday that following the German government's decision to phase out nuclear power by 2022, it would stop building nuclear power plants anywhere in the world.

* Watchful European privacy regulators are wielding increasing influence beyond the Continent's borders. Last week, they pressed Google , as they had Apple , to change the way it collected data on cellphone locations worldwide.

* The economic downturn and high rates of unemployment have forced consumers to spend less, and advertisers have taken notice. Figures from Nielsen, to be released on Monday, show the amount of money that advertisers are spending to bring their message to consumers has increased in certain categories.

* Nickelodeon's eight-year-old Worldwide Day of Play is going big time this year. On Saturday, Nickelodeon, the children's television network, will for the first time take its annual event to Washington. (Compiled by Anirban Sen; Bangalore Equities Newsdesk +91 80 4135 5800; within U.S. +1 646 223 8780)

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PRESS DIGEST - Wall Street Journal - Sept 19

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Sept 19 | Mon Sep 19, 2011 2:08am EDT

Sept 19 (Reuters) - The following were the top stories in The Wall Street Journal on Monday. Reuters has not verified these stories and does not vouch for their accuracy.

* Obama will offer a new plan to reduce the federal deficit by about $3.6 trillion over a decade, almost half of which would come from tax increases, people familiar with the proposal said.

* President Barack Obama's proposal to raise taxes on some millionaires will likely please members of his party, but it is unlikely to have much practical impact on federal deficits anytime soon.

* The online daily-deals space has attracted millions of dollars in venture capital and spurred dozens of clones of market leaders Groupon and LivingSocial. Now the industry is starting to shake out.

* After a summer of denial, reality has caught up with Wall Street strategists. Having spent much of the year making ever-higher predictions for the Standard & Poor's 500-stock index, and sticking to them through August's turmoil, many strategists are now cutting their forecasts.

* Fed officials, worried that a wobbly economy and their fractious debates are confusing the public, are examining whether to adopt more explicit economic targets to clarify their strategy for lowering unemployment without fueling inflation.

* Greece's government held an emergency cabinet meeting to plan new measures to bring its budget deficit into line, after warnings from the other euro-zone nations.

* UBS boosted the tally of the loss it suffered this summer to $2.3 billion, as details began to emerge as to how a relatively junior trader allegedly perpetrated one of the largest trading frauds ever.

* In the aftermath of the world's biggest-ever rogue trading loss, French bank Société Générale SA implemented a series of tough measures to shore up internal controls. But three years later the bank and some of its former executives still live in the shadow of their former junior trader-Jerome Kerviel.

* Google has hired at least 13 lobbying and communications firms since May, when the FTC ramped up its antitrust probe of the company, and ahead of a Senate hearing Wednesday on whether it is abusing its dominance of Internet search.

* A year after U.S. banks slowed down the foreclosure machine as a result of pressure from judges and regulators, the foreclosure process remains snarled.

* The United Auto Workers' tentative labor pact with General Motors Co. is likely to raise pressure on Chrysler LLC and Ford Motor Co. to increase worker pay and add factory jobs.

* Asian stock markets fell on Monday and the euro lost ground as investors fretted about the lack of progress in resolving Europe's debt problems.

* Ranchers in the U.S. are shrinking their herds, a move that will curtail beef supplies in coming months and exert upward pressure on prices at the meat counter.

* United Technologies Corp. is in talks to acquire aircraft-systems maker Goodrich Corp. , people familiar with the matter said, a deal that would expand the conglomerate's aerospace business amid a boom in production of passenger planes.

* Profit at the China operations of foreign banks improved last year but continued to significantly lag earnings growth for Chinese rivals, as a hiring war drove up costs for the foreign lenders, according to a new report.

* Samsung Electronics Co. widened a sprawling global patent dispute with Apple Inc. by filing a countersuit in Australia, while also appealing a key ruling in Germany.

* NBC is in talks to bring veteran news anchor Ted Koppel to a news-magazine program slated to make its premiere in the fall, according to people familiar with the matter, the network's latest attempt to add star power to the prime-time program. (Compiled by Anirban Sen; Bangalore Equities Newsdesk +91 80 4135 5800; within U.S. +1 646 223 8780)

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PRESS DIGEST - New York Times business news - May 27

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n">May 27 (Reuters) - The following were the top stories in The New York Times business pages on Friday. Reuters has not verified these stories and does not vouch for their accuracy.

* Sony Corp confirmed that the damage from Japan's natural disasters in March -- and the havoc dealt to Sony's supply chains in their aftermath -- had forced it to take tax-credit provisions that resulted in a $3.2 billion net loss for the business year just ended. The loss was Sony's biggest deficit in 16 years, and its third in a row.

* Recent technology that identifies varieties of fish by their gene sequences has shown that 20 to 25 percent of seafood products are being mislabeled.

* Authorities say Donald Johnson, a former Nasdaq executive who was working at the exchange's so-called market intelligence desk, used secret corporate information he obtained as a Nasdaq executive to trade illegally, reaping profits of about $750,000. On Thursday, Johnson pleaded guilty to the brazen insider-trading scheme.

* Subsidiaries of Bank of America Corp and Morgan Stanley will pay scores of service members at least $22 million for violating a law on foreclosures.

* The White House is trying to end what U.S. President Barack Obama refers to as "just plain dumb" federal regulations, but not everyone is satisfied with the effort.

* Unlike LinkedIn Corp , the social media site that had a white-hot initial public offering last week, chipmaker Freescale Semiconductor Holdings missed its $1 billion target.

* Google Inc introduced a mobile application that allows consumers to make a payment by waving their cellphones at a retailer's terminal rather than pulling out a credit card.

* Facebook is in talks with music services to make a tab to display a user's top songs and to give friends an easy way to hear them. (Compiled by Tenzin Pema; Bangalore Equities Newsdesk +91 80 4135 5800; within U.S. +1 646 223 8780)

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n">May 27 (Reuters) - The following were the top stories in The New York Times business pages on Friday. Reuters has not verified these stories and does not vouch for their accuracy.

* Sony Corp confirmed that the damage from Japan's natural disasters in March -- and the havoc dealt to Sony's supply chains in their aftermath -- had forced it to take tax-credit provisions that resulted in a $3.2 billion net loss for the business year just ended. The loss was Sony's biggest deficit in 16 years, and its third in a row.

* Recent technology that identifies varieties of fish by their gene sequences has shown that 20 to 25 percent of seafood products are being mislabeled.

* Authorities say Donald Johnson, a former Nasdaq executive who was working at the exchange's so-called market intelligence desk, used secret corporate information he obtained as a Nasdaq executive to trade illegally, reaping profits of about $750,000. On Thursday, Johnson pleaded guilty to the brazen insider-trading scheme.

* Subsidiaries of Bank of America Corp and Morgan Stanley will pay scores of service members at least $22 million for violating a law on foreclosures.

* The White House is trying to end what U.S. President Barack Obama refers to as "just plain dumb" federal regulations, but not everyone is satisfied with the effort.

* Unlike LinkedIn Corp , the social media site that had a white-hot initial public offering last week, chipmaker Freescale Semiconductor Holdings missed its $1 billion target.

* Google Inc introduced a mobile application that allows consumers to make a payment by waving their cellphones at a retailer's terminal rather than pulling out a credit card.

* Facebook is in talks with music services to make a tab to display a user's top songs and to give friends an easy way to hear them. (Compiled by Tenzin Pema; Bangalore Equities Newsdesk +91 80 4135 5800; within U.S. +1 646 223 8780)

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n">May 27 (Reuters) - The following were the top stories in The New York Times business pages on Friday. Reuters has not verified these stories and does not vouch for their accuracy.

* Sony Corp confirmed that the damage from Japan's natural disasters in March -- and the havoc dealt to Sony's supply chains in their aftermath -- had forced it to take tax-credit provisions that resulted in a $3.2 billion net loss for the business year just ended. The loss was Sony's biggest deficit in 16 years, and its third in a row.

* Recent technology that identifies varieties of fish by their gene sequences has shown that 20 to 25 percent of seafood products are being mislabeled.

* Authorities say Donald Johnson, a former Nasdaq executive who was working at the exchange's so-called market intelligence desk, used secret corporate information he obtained as a Nasdaq executive to trade illegally, reaping profits of about $750,000. On Thursday, Johnson pleaded guilty to the brazen insider-trading scheme.

* Subsidiaries of Bank of America Corp and Morgan Stanley will pay scores of service members at least $22 million for violating a law on foreclosures.

* The White House is trying to end what U.S. President Barack Obama refers to as "just plain dumb" federal regulations, but not everyone is satisfied with the effort.

* Unlike LinkedIn Corp , the social media site that had a white-hot initial public offering last week, chipmaker Freescale Semiconductor Holdings missed its $1 billion target.

* Google Inc introduced a mobile application that allows consumers to make a payment by waving their cellphones at a retailer's terminal rather than pulling out a credit card.

* Facebook is in talks with music services to make a tab to display a user's top songs and to give friends an easy way to hear them. (Compiled by Tenzin Pema; Bangalore Equities Newsdesk +91 80 4135 5800; within U.S. +1 646 223 8780)

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PRESS DIGEST - Bulgaria - May 25

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SOFIA | Wed May 25, 2011 2:29am EDT

SOFIA May 25 (Reuters) - These are some of the main stories in Bulgarian newspapers on Wednesday. Reuters has not verified these stories and does not vouch for their accuracy.

GENERAL AND POLITICS

- The Liberal Alliance in the European Parliament urged Bulgaria to consider banning the nationalist political party Attack for inciting hatred and religious intolerance, after its supporters clashed with Muslims in front of a mosque in downtown Sofia during their Friday prayers (Sega, Republika, Klasa, Trud)

SEGA - About 47,000 Bulgarians have left the country in the past two years, searching better work conditions and and higher life standard, data from the statistics office showed.

ECONOMY

PARI - U.S. Chevron (CVX.N) and Canadian BNK Petroleum (BKX.TO) have filed offers to carry out shale gas exploration in northern Bulgaria, Economy and Energy Minister Traicho Traikov said.

(Sofia newsroom, Tel: +359-2-939-9730))

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SOFIA | Wed May 25, 2011 2:29am EDT

SOFIA May 25 (Reuters) - These are some of the main stories in Bulgarian newspapers on Wednesday. Reuters has not verified these stories and does not vouch for their accuracy.

GENERAL AND POLITICS

- The Liberal Alliance in the European Parliament urged Bulgaria to consider banning the nationalist political party Attack for inciting hatred and religious intolerance, after its supporters clashed with Muslims in front of a mosque in downtown Sofia during their Friday prayers (Sega, Republika, Klasa, Trud)

SEGA - About 47,000 Bulgarians have left the country in the past two years, searching better work conditions and and higher life standard, data from the statistics office showed.

ECONOMY

PARI - U.S. Chevron (CVX.N) and Canadian BNK Petroleum (BKX.TO) have filed offers to carry out shale gas exploration in northern Bulgaria, Economy and Energy Minister Traicho Traikov said.

(Sofia newsroom, Tel: +359-2-939-9730))

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SOFIA | Wed May 25, 2011 2:29am EDT

SOFIA May 25 (Reuters) - These are some of the main stories in Bulgarian newspapers on Wednesday. Reuters has not verified these stories and does not vouch for their accuracy.

GENERAL AND POLITICS

- The Liberal Alliance in the European Parliament urged Bulgaria to consider banning the nationalist political party Attack for inciting hatred and religious intolerance, after its supporters clashed with Muslims in front of a mosque in downtown Sofia during their Friday prayers (Sega, Republika, Klasa, Trud)

SEGA - About 47,000 Bulgarians have left the country in the past two years, searching better work conditions and and higher life standard, data from the statistics office showed.

ECONOMY

PARI - U.S. Chevron (CVX.N) and Canadian BNK Petroleum (BKX.TO) have filed offers to carry out shale gas exploration in northern Bulgaria, Economy and Energy Minister Traicho Traikov said.

(Sofia newsroom, Tel: +359-2-939-9730))

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PRESS DIGEST - New York Times business news - May 25

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n">May 25(Reuters) - The following were the top stories on The New York Times business pages on Wednesday. Reuters has not verified these stories and does not vouch for their accuracy.

* After oil prices surged past $100 a barrel in 2008, suspicions that traders had manipulated the market led to Congressional hearings and regulatory investigations. On Tuesday, federal commodities regulators filed a civil lawsuit against two obscure traders in Australia and California and three American and international firms.

* Shares of Yandex NV , a Russian search engine barely known in the United States, surged by more than 55 percent on Tuesday, signifying the latest multibillion-dollar technology offering and stoking the debate about whether this market has the makings of a bubble.

* Chrysler paid back on Tuesday $7.6 billion in loans from the American and Canadian governments, paving the way for its Italian partner, Fiat SpA , to increase its control over the Detroit carmaker.

* The American International Group raised at least $8.7 billion from its stock offering, which priced the shares at $29 apiece.

* A dispute spurred by rising coal prices indicates that China's unique marriage of market competition and government oversight may be starting to fray.

* Google Inc is expected to introduce on Thursday a mobile payment system that will let shoppers wave their phones to pay instead of pulling out a credit card, according to people briefed on the announcement.

* Volkswagen AG (VOWG_p.DE) hopes that more seat padding and larger cup holders will help it to become competitive in the United States again and to achieve a lofty goal of becoming the world's largest carmaker this decade. (Compiled by Isheeta Sanghi; Bangalore Equities Newsdesk +91 80 4135 5800; within U.S. +1 646 223 8780)

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n">May 25(Reuters) - The following were the top stories on The New York Times business pages on Wednesday. Reuters has not verified these stories and does not vouch for their accuracy.

* After oil prices surged past $100 a barrel in 2008, suspicions that traders had manipulated the market led to Congressional hearings and regulatory investigations. On Tuesday, federal commodities regulators filed a civil lawsuit against two obscure traders in Australia and California and three American and international firms.

* Shares of Yandex NV , a Russian search engine barely known in the United States, surged by more than 55 percent on Tuesday, signifying the latest multibillion-dollar technology offering and stoking the debate about whether this market has the makings of a bubble.

* Chrysler paid back on Tuesday $7.6 billion in loans from the American and Canadian governments, paving the way for its Italian partner, Fiat SpA , to increase its control over the Detroit carmaker.

* The American International Group raised at least $8.7 billion from its stock offering, which priced the shares at $29 apiece.

* A dispute spurred by rising coal prices indicates that China's unique marriage of market competition and government oversight may be starting to fray.

* Google Inc is expected to introduce on Thursday a mobile payment system that will let shoppers wave their phones to pay instead of pulling out a credit card, according to people briefed on the announcement.

* Volkswagen AG (VOWG_p.DE) hopes that more seat padding and larger cup holders will help it to become competitive in the United States again and to achieve a lofty goal of becoming the world's largest carmaker this decade. (Compiled by Isheeta Sanghi; Bangalore Equities Newsdesk +91 80 4135 5800; within U.S. +1 646 223 8780)

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n">May 25(Reuters) - The following were the top stories on The New York Times business pages on Wednesday. Reuters has not verified these stories and does not vouch for their accuracy.

* After oil prices surged past $100 a barrel in 2008, suspicions that traders had manipulated the market led to Congressional hearings and regulatory investigations. On Tuesday, federal commodities regulators filed a civil lawsuit against two obscure traders in Australia and California and three American and international firms.

* Shares of Yandex NV , a Russian search engine barely known in the United States, surged by more than 55 percent on Tuesday, signifying the latest multibillion-dollar technology offering and stoking the debate about whether this market has the makings of a bubble.

* Chrysler paid back on Tuesday $7.6 billion in loans from the American and Canadian governments, paving the way for its Italian partner, Fiat SpA , to increase its control over the Detroit carmaker.

* The American International Group raised at least $8.7 billion from its stock offering, which priced the shares at $29 apiece.

* A dispute spurred by rising coal prices indicates that China's unique marriage of market competition and government oversight may be starting to fray.

* Google Inc is expected to introduce on Thursday a mobile payment system that will let shoppers wave their phones to pay instead of pulling out a credit card, according to people briefed on the announcement.

* Volkswagen AG (VOWG_p.DE) hopes that more seat padding and larger cup holders will help it to become competitive in the United States again and to achieve a lofty goal of becoming the world's largest carmaker this decade. (Compiled by Isheeta Sanghi; Bangalore Equities Newsdesk +91 80 4135 5800; within U.S. +1 646 223 8780)

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PRESS DIGEST - Wall Street Journal - May 25

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n">May 25 (Reuters) - The following were the top stories in The Wall Street Journal on Wednesday. Reuters has not verified these stories and does not vouch for their accuracy.

* Banks are looking to hold onto their influence over consumers, who are increasingly shunning checks and cash, turning instead to new nonbank technologies to spend their money. The new service from Bank of America Corp , Wells Fargo & Co and J.P. Morgan Chase & Co takes aim at the popular PayPal offering.

* American International Group Inc and the United States Treasury sold $8.7 billion in shares Tuesday in a landmark stock offering that eked out a small profit for taxpayers and began the government's exit from the insurer 2 and a half years after its record bailout.

* Federal prosecutors are investigating several former Avon Products Inc employees, raising the prospect of criminal charges in an ongoing probe into allegations the company bribed foreign officials, people familiar with the matter said.

* Three years after launching a probe to determine whether the 2008 oil-market frenzy was fueled by excessive speculation, the United States alleged that two traders and their firms operated an international plot to manipulate prices.

* State attorneys general told five of the nation's largest banks on Tuesday they face a potential liability of at least $17 billion in civil lawsuits if a settlement isn't reached to address improper foreclosure practices, according to people familiar with the matter.

* Italian auto maker Fiat SpA is mulling a plan to quickly take a majority stake in Chrysler Group LLC by purchasing shares from the U.S. Treasury and a United Auto Workers health trust fund, people familiar with the matter said.

* Amazon.com Inc launched another version of its popular Kindle electronic reader that is cheaper, but that comes with on-screen ads.

* NASA designated a four-person space capsule built by Lockheed Martin Corp as its likely premier exploration vehicle to take future astronauts beyond earth orbit.

* Medtronic Inc's fiscal fourth-quarter earnings fell 19%, hit by restructuring costs linked to recent job cuts, while sales edged higher despite continued growth challenges in markets for implantable defibrillators and spinal devices.

* Barnes & Noble Inc , weighing an offer to be acquired by Liberty Media Corp , launched its latest salvo in the digital-book wars Tuesday with a new touch-screen version of its Nook e-reader.

* The head of Boeing Co said Tuesday that the keenly awaited replacement to its best-selling 737 aircraft family would be only "modestly bigger" than the existing jets if it opted to build an all-new plane this decade.

* Volkswagen AG will decide in the next 12 months whether it will build Audi luxury cars in the U.S. in addition to VWs it is churning out at a new factory here, the company's chief executive said on Tuesday.

* Google Inc and Citigroup Inc said they will each invest $55 million in an inland California wind farm they said will be the country's largest by the end of the year.

* Google Inc is expected to disclose details about how consumers will be able to make store purchases, redeem coupons, and get loyalty points by waving smartphones in front of a small reader at the checkout counter, said people familiar with the matter. (Compiled by Isheeta Sanghi; Bangalore Equities Newsdesk +91 80 4135 5800; within U.S. +1 646 223 8780)

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n">May 25 (Reuters) - The following were the top stories in The Wall Street Journal on Wednesday. Reuters has not verified these stories and does not vouch for their accuracy.

* Banks are looking to hold onto their influence over consumers, who are increasingly shunning checks and cash, turning instead to new nonbank technologies to spend their money. The new service from Bank of America Corp , Wells Fargo & Co and J.P. Morgan Chase & Co takes aim at the popular PayPal offering.

* American International Group Inc and the United States Treasury sold $8.7 billion in shares Tuesday in a landmark stock offering that eked out a small profit for taxpayers and began the government's exit from the insurer 2 and a half years after its record bailout.

* Federal prosecutors are investigating several former Avon Products Inc employees, raising the prospect of criminal charges in an ongoing probe into allegations the company bribed foreign officials, people familiar with the matter said.

* Three years after launching a probe to determine whether the 2008 oil-market frenzy was fueled by excessive speculation, the United States alleged that two traders and their firms operated an international plot to manipulate prices.

* State attorneys general told five of the nation's largest banks on Tuesday they face a potential liability of at least $17 billion in civil lawsuits if a settlement isn't reached to address improper foreclosure practices, according to people familiar with the matter.

* Italian auto maker Fiat SpA is mulling a plan to quickly take a majority stake in Chrysler Group LLC by purchasing shares from the U.S. Treasury and a United Auto Workers health trust fund, people familiar with the matter said.

* Amazon.com Inc launched another version of its popular Kindle electronic reader that is cheaper, but that comes with on-screen ads.

* NASA designated a four-person space capsule built by Lockheed Martin Corp as its likely premier exploration vehicle to take future astronauts beyond earth orbit.

* Medtronic Inc's fiscal fourth-quarter earnings fell 19%, hit by restructuring costs linked to recent job cuts, while sales edged higher despite continued growth challenges in markets for implantable defibrillators and spinal devices.

* Barnes & Noble Inc , weighing an offer to be acquired by Liberty Media Corp , launched its latest salvo in the digital-book wars Tuesday with a new touch-screen version of its Nook e-reader.

* The head of Boeing Co said Tuesday that the keenly awaited replacement to its best-selling 737 aircraft family would be only "modestly bigger" than the existing jets if it opted to build an all-new plane this decade.

* Volkswagen AG will decide in the next 12 months whether it will build Audi luxury cars in the U.S. in addition to VWs it is churning out at a new factory here, the company's chief executive said on Tuesday.

* Google Inc and Citigroup Inc said they will each invest $55 million in an inland California wind farm they said will be the country's largest by the end of the year.

* Google Inc is expected to disclose details about how consumers will be able to make store purchases, redeem coupons, and get loyalty points by waving smartphones in front of a small reader at the checkout counter, said people familiar with the matter. (Compiled by Isheeta Sanghi; Bangalore Equities Newsdesk +91 80 4135 5800; within U.S. +1 646 223 8780)

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n">May 25 (Reuters) - The following were the top stories in The Wall Street Journal on Wednesday. Reuters has not verified these stories and does not vouch for their accuracy.

* Banks are looking to hold onto their influence over consumers, who are increasingly shunning checks and cash, turning instead to new nonbank technologies to spend their money. The new service from Bank of America Corp , Wells Fargo & Co and J.P. Morgan Chase & Co takes aim at the popular PayPal offering.

* American International Group Inc and the United States Treasury sold $8.7 billion in shares Tuesday in a landmark stock offering that eked out a small profit for taxpayers and began the government's exit from the insurer 2 and a half years after its record bailout.

* Federal prosecutors are investigating several former Avon Products Inc employees, raising the prospect of criminal charges in an ongoing probe into allegations the company bribed foreign officials, people familiar with the matter said.

* Three years after launching a probe to determine whether the 2008 oil-market frenzy was fueled by excessive speculation, the United States alleged that two traders and their firms operated an international plot to manipulate prices.

* State attorneys general told five of the nation's largest banks on Tuesday they face a potential liability of at least $17 billion in civil lawsuits if a settlement isn't reached to address improper foreclosure practices, according to people familiar with the matter.

* Italian auto maker Fiat SpA is mulling a plan to quickly take a majority stake in Chrysler Group LLC by purchasing shares from the U.S. Treasury and a United Auto Workers health trust fund, people familiar with the matter said.

* Amazon.com Inc launched another version of its popular Kindle electronic reader that is cheaper, but that comes with on-screen ads.

* NASA designated a four-person space capsule built by Lockheed Martin Corp as its likely premier exploration vehicle to take future astronauts beyond earth orbit.

* Medtronic Inc's fiscal fourth-quarter earnings fell 19%, hit by restructuring costs linked to recent job cuts, while sales edged higher despite continued growth challenges in markets for implantable defibrillators and spinal devices.

* Barnes & Noble Inc , weighing an offer to be acquired by Liberty Media Corp , launched its latest salvo in the digital-book wars Tuesday with a new touch-screen version of its Nook e-reader.

* The head of Boeing Co said Tuesday that the keenly awaited replacement to its best-selling 737 aircraft family would be only "modestly bigger" than the existing jets if it opted to build an all-new plane this decade.

* Volkswagen AG will decide in the next 12 months whether it will build Audi luxury cars in the U.S. in addition to VWs it is churning out at a new factory here, the company's chief executive said on Tuesday.

* Google Inc and Citigroup Inc said they will each invest $55 million in an inland California wind farm they said will be the country's largest by the end of the year.

* Google Inc is expected to disclose details about how consumers will be able to make store purchases, redeem coupons, and get loyalty points by waving smartphones in front of a small reader at the checkout counter, said people familiar with the matter. (Compiled by Isheeta Sanghi; Bangalore Equities Newsdesk +91 80 4135 5800; within U.S. +1 646 223 8780)

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PRESS DIGEST - New York Times business news - April 21

birou notarial

April 21 | Thu Apr 21, 2011 3:04am EDT

April 21 (Reuters) - The following were the top stories in The New York Times business pages on Thursday. Reuters has not verified these stories and does not vouch for their accuracy.

* Food marketers are pitching their products to children via Web sites that critics say blur the line between activities and advertising.

* Industry and safety advocates are sparring over whether enough is being done to prevent fatal accidents.

* In what may be the strongest signal yet of the new pro-labor orientation of the National Labor Relations Board under President Obama, the agency filed a complaint Wednesday seeking to force Boeing Co to bring an airplane production line back to its unionized facilities in Washington State instead of moving the work to a nonunion plant in South Carolina.

* Plenty of people want to build a popular Web site and become the next Mark Zuckerberg. But some technology entrepreneurs have a more old-fashioned goal: they want to make something you can hold in your hand.

* Apple Inc faced questions on Wednesday about the security of its iPhone and iPad after a report that the devices regularly record their locations in a hidden file.

* A hospital said that patients benefited when cardiologists there switched to heart devices made by a company that paid it consulting fees.

* Wells Fargo & Company posted a 48 percent increase in first-quarter profit on Wednesday, but investors were not impressed by the results, given fears that sluggish mortgage loan growth would erode the bank's earnings power.

* Apple's winning streak extended through another quarter as a new partnership with Verizon for the iPhone - along with updated products like the iPad and MacBook - sent consumers on a shopping spree, the company reported Wednesday.

* The price of gold rose above $1,500 an ounce on Wednesday for the first time, pushed higher by investor concerns about global inflation, government debt and turmoil in the Arab world.

* AT&T , the nation's largest telecommunications company, reported a 39 percent increase in its first-quarter profit on Wednesday, despite losing the exclusive rights to sell the iPhone in the United States midway through the period.

* In the largest unionization vote involving federal employees, the nation's airport screeners voted in favor of unionizing, but federal officials said on Wednesday that there would be a runoff because neither union on the ballot received a majority of the votes cast.

* It's not quite the stuff of bragging rights, but Arkansas and Mississippi find themselves at the top of a new state ranking: They have the highest concentrations of people in the nation who have abandoned landlines in favor of cellular phones.

* In the end, prosecutors said, the most powerful evidence of Raj Rajaratnam's guilt during his insider trading trial was his own voice.

* Spain and Portugal on Wednesday managed to raise the targeted amounts in their latest debt auctions, an important test of market confidence amid Lisbon's negotiations for a financial bailout and Madrid's attempts to avoid needing one. ((Compiled by Mary Meyase; Bangalore Equities Newsdesk +91 80 4135 5800; within U.S. +1 646 223 8780)

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April 21 | Thu Apr 21, 2011 3:04am EDT

April 21 (Reuters) - The following were the top stories in The New York Times business pages on Thursday. Reuters has not verified these stories and does not vouch for their accuracy.

* Food marketers are pitching their products to children via Web sites that critics say blur the line between activities and advertising.

* Industry and safety advocates are sparring over whether enough is being done to prevent fatal accidents.

* In what may be the strongest signal yet of the new pro-labor orientation of the National Labor Relations Board under President Obama, the agency filed a complaint Wednesday seeking to force Boeing Co to bring an airplane production line back to its unionized facilities in Washington State instead of moving the work to a nonunion plant in South Carolina.

* Plenty of people want to build a popular Web site and become the next Mark Zuckerberg. But some technology entrepreneurs have a more old-fashioned goal: they want to make something you can hold in your hand.

* Apple Inc faced questions on Wednesday about the security of its iPhone and iPad after a report that the devices regularly record their locations in a hidden file.

* A hospital said that patients benefited when cardiologists there switched to heart devices made by a company that paid it consulting fees.

* Wells Fargo & Company posted a 48 percent increase in first-quarter profit on Wednesday, but investors were not impressed by the results, given fears that sluggish mortgage loan growth would erode the bank's earnings power.

* Apple's winning streak extended through another quarter as a new partnership with Verizon for the iPhone - along with updated products like the iPad and MacBook - sent consumers on a shopping spree, the company reported Wednesday.

* The price of gold rose above $1,500 an ounce on Wednesday for the first time, pushed higher by investor concerns about global inflation, government debt and turmoil in the Arab world.

* AT&T , the nation's largest telecommunications company, reported a 39 percent increase in its first-quarter profit on Wednesday, despite losing the exclusive rights to sell the iPhone in the United States midway through the period.

* In the largest unionization vote involving federal employees, the nation's airport screeners voted in favor of unionizing, but federal officials said on Wednesday that there would be a runoff because neither union on the ballot received a majority of the votes cast.

* It's not quite the stuff of bragging rights, but Arkansas and Mississippi find themselves at the top of a new state ranking: They have the highest concentrations of people in the nation who have abandoned landlines in favor of cellular phones.

* In the end, prosecutors said, the most powerful evidence of Raj Rajaratnam's guilt during his insider trading trial was his own voice.

* Spain and Portugal on Wednesday managed to raise the targeted amounts in their latest debt auctions, an important test of market confidence amid Lisbon's negotiations for a financial bailout and Madrid's attempts to avoid needing one. ((Compiled by Mary Meyase; Bangalore Equities Newsdesk +91 80 4135 5800; within U.S. +1 646 223 8780)

Baloane

PRESS DIGEST - New York Times business news - April 14

birou notarial

April 14 | Thu Apr 14, 2011 4:01am EDT

April 14 (Reuters) - The following were the top stories in The New York Times business pages on Thursday. Reuters has not verified these stories and does not vouch for their accuracy.

* It is a question asked repeatedly across America: why, in the aftermath of a financial mess that generated hundreds of billions in losses, have no high-profile participants in the disaster been prosecuted? Several years after the financial crisis, no senior executives of major financial institutions have been charged, and a collective government effort has not emerged.

* A voluminous report on the financial crisis by the United States Senate - citing internal documents and private communications of bank executives, regulators, credit ratings agencies and investors - describes business practices that were rife with conflicts during the mortgage mania and reckless activities that were ignored inside the banks and among their federal regulators.

* Banks did a poor job of handling the flood of foreclosures over the last several years, in some cases even moving ahead with evictions when they clearly should not have, according to a long-awaited report released Wednesday by federal regulators.

* U.S. President Barack Obama proposed a mix of long-term spending cuts, tax increases and changes to social welfare programs as his opening position in a fierce partisan budget battle.

* The United States and its allies, frustrated in their efforts to pressure China directly to change its economic policies, are seeking to enlist other developing nations in an international campaign that China may find more palatable. At a meeting of finance ministers from the Group of 20 nations on Friday, the United States hopes to advance a set of proposed standards for judging the risks that individual nations pose to the global economy.

* JPMorgan Chase & Co kicked off bank earnings season on Wednesday, reporting a first-quarter profit of $5.6 billion, even as problems in its mortgage lending business continued to mount.

* The market for drugs to correct erectile dysfunction has passed $5 billion a year from sales to tens of millions of men. And it is increasingly being driven by novel applications to compete with the lower-priced generics on the horizon.

* In the weeks before his death, Sidney Harman acted every bit the proud new business owner he was. Until last Friday he was still discussing the business affairs of Newsweek and The Daily Beast. Associates of Harman, who died Tuesday, said Newsweek would remain in the family's hands and continue its venture with The Daily Beast.

* BP struggled Wednesday to salvage its deal with the Russian oil company Rosneft before a deadline to complete the pact expired on Thursday.

* Economic activity in the United States continued to improve over the last month, helped by the manufacturing and retail sectors, but the disaster in Japan and higher energy prices created new uncertainty about the outlook, according to a survey of the Federal Reserve's 12 districts released on Wednesday. (Compiled by Tenzin Pema; Bangalore Equities Newsdesk +91 80 4135 5800; within U.S. +1 646 223 8780)

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Baloane

April 14 | Thu Apr 14, 2011 4:01am EDT

April 14 (Reuters) - The following were the top stories in The New York Times business pages on Thursday. Reuters has not verified these stories and does not vouch for their accuracy.

* It is a question asked repeatedly across America: why, in the aftermath of a financial mess that generated hundreds of billions in losses, have no high-profile participants in the disaster been prosecuted? Several years after the financial crisis, no senior executives of major financial institutions have been charged, and a collective government effort has not emerged.

* A voluminous report on the financial crisis by the United States Senate - citing internal documents and private communications of bank executives, regulators, credit ratings agencies and investors - describes business practices that were rife with conflicts during the mortgage mania and reckless activities that were ignored inside the banks and among their federal regulators.

* Banks did a poor job of handling the flood of foreclosures over the last several years, in some cases even moving ahead with evictions when they clearly should not have, according to a long-awaited report released Wednesday by federal regulators.

* U.S. President Barack Obama proposed a mix of long-term spending cuts, tax increases and changes to social welfare programs as his opening position in a fierce partisan budget battle.

* The United States and its allies, frustrated in their efforts to pressure China directly to change its economic policies, are seeking to enlist other developing nations in an international campaign that China may find more palatable. At a meeting of finance ministers from the Group of 20 nations on Friday, the United States hopes to advance a set of proposed standards for judging the risks that individual nations pose to the global economy.

* JPMorgan Chase & Co kicked off bank earnings season on Wednesday, reporting a first-quarter profit of $5.6 billion, even as problems in its mortgage lending business continued to mount.

* The market for drugs to correct erectile dysfunction has passed $5 billion a year from sales to tens of millions of men. And it is increasingly being driven by novel applications to compete with the lower-priced generics on the horizon.

* In the weeks before his death, Sidney Harman acted every bit the proud new business owner he was. Until last Friday he was still discussing the business affairs of Newsweek and The Daily Beast. Associates of Harman, who died Tuesday, said Newsweek would remain in the family's hands and continue its venture with The Daily Beast.

* BP struggled Wednesday to salvage its deal with the Russian oil company Rosneft before a deadline to complete the pact expired on Thursday.

* Economic activity in the United States continued to improve over the last month, helped by the manufacturing and retail sectors, but the disaster in Japan and higher energy prices created new uncertainty about the outlook, according to a survey of the Federal Reserve's 12 districts released on Wednesday. (Compiled by Tenzin Pema; Bangalore Equities Newsdesk +91 80 4135 5800; within U.S. +1 646 223 8780)

Baloane

PRESS DIGEST - Canada - March 24

birou notarial

March 24 | Thu Mar 24, 2011 5:44am EDT

March 24 (Reuters) - The following are the top stories from selected Canadian newspapers. Reuters has not verified these stories and does not vouch for their accuracy.

THE GLOBE AND MAIL:

- The careers of Canada's major political party leaders are on the line with Stephen Harper's minority government set to fall Friday on a vote that will see his opposition rivals declare him in contempt of Parliament.

This defeat will pave the way for a spring election likely to take place May 2 or 9, depending on how long a campaign the conservative leader favours.

BUSINESS:

- A surprise new oil windfall tax in Britain has damaged the prospects for several Canadian producers and raised concerns over possible copycat measures by other governments.

In a populist move meant to shift the pain of triple-digit crude prices, the British government said Wednesday it would levy a new tax on oil companies' profits worth L2-billion ($3.2-billion)

NATIONAL POST:

- It is majority government or bust for the Conservatives in the coming election. The more the leaders of the Liberal party, the NDP and the Bloc Québécois talk, the more it becomes apparent that they are prepared to form a coalition of losers, in the event the House of Commons returns in something approximating its current form.

FINANCIAL POST:

- Four months after Bradley Shaw assumed the corner office at Shaw Communications Inc., the firm is slashing nearly 4% of its nationwide workforce, a move seen as the first decisive mark made by the new chief executive.

The cuts, numbering roughly 500 in all, arrive at a crucial time for both Mr. Shaw, the son of company founder JR, and the Western Canada cable giant.

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