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New York Times Co. cuts dividend by 74 percent |
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Written by Associated Press
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Thursday, 20 November 2008 08:27 |
NEW YORK (AP) - The New York Times Co. is slashing its quarterly dividend by 74 percent amid a worsening advertising slump, a move that will save the company money but also curtail the income of the Sulzberger family, the controlling shareholders of the storied newspaper publisher. |
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Microsoft lets Zune music subscribers keep tunes |
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Written by Associated Press
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Thursday, 20 November 2008 06:41 |
REDMOND, Wash. (AP) - Microsoft Corp. is giving an early holiday gift to people who pay for all-you-can-listen access to the Zune digital music store: 10 songs to keep each month, included in the $14.99 monthly subscription fee. |
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Google empowers users to edit search results |
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Written by Associated Press
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Thursday, 20 November 2008 06:26 |
SAN FRANCISCO (AP) - If Google delivers useless search results, just erase them and you won't see them again. |
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Gap's 3Q profit edges up 3.4 percent on cost cuts |
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Written by Associated Press
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Thursday, 20 November 2008 05:56 |
NEW YORK (AP) - Gap Inc. reported Thursday that its third-quarter profit rose 3.4 percent as cost-cutting efforts offset a sales slump. The apparel chain also affirmed its profit guidance for the full year but said the tough times will last at least another six months. |
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World stocks down amid fears of deep recession |
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Written by Associated Press
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Thursday, 20 November 2008 05:56 |
LONDON (AP) - World stocks fell sharply Thursday as fears of a deep global recession gripped markets and sent oil prices below $50 a barrel to levels not seen in more than three years. |
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PepsiCo to invest up to $3B in Mexico in 5 years |
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Written by Associated Press
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Thursday, 20 November 2008 05:25 |
MILWAUKEE (AP) - PepsiCo plans to invest up to $3 billion in Mexico in the next five years to grow its beverages and food brands Sabritas and Gamesa there. |
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Banco do Brasil buys Nossa Caixa bank for $2.3 bln |
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Written by Associated Press
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Thursday, 20 November 2008 05:25 |
BRASILIA, Brazil (AP) - Banco do Brasil SA plans to spend 5.4 billion reals ($2.3 billion) to boost its stake in Nossa Caixa, expanding its reach a month after losing its spot as Brazil's biggest bank. |
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General Motors, Citigroup, Saks big movers |
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Written by Associated Press
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Thursday, 20 November 2008 04:40 |
NEW YORK (AP) - Stocks that moved substantially or traded heavily Thursday on the New York Stock Exchange and the Nasdaq Stock Market: |
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