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  • Renault announces low-cost car for India in 2012

    AFP – 34 mins ago  
    Renault chief Carlos Ghosn has said the French automaker would... AFP/File

    NEW DELHI (AFP) - Renault chief Carlos Ghosn said Tuesday the French automaker would launch a low-cost car in the Indian market in 2012 in a tie-up with India's Bajaj Auto. Full Story »

  • GMAC still short of capital, may get extra aid

    AFP – Mon Nov 9, 5:24 pm ET  
    GMAC, the former finance arm of General Motors, needs more capital... GMAC

    WASHINGTON (AFP) - GMAC, the former finance arm of General Motors, needs more capital to meet buffer requirements under the "stress tests" of banking groups conducted this year, the Federal Reserve said Monday. Full Story »

  • Acadia 3Q loss narrows on revenue boost

    AP – Mon Nov 9, 6:26 pm ET  

    SAN DIEGO - Acadia Pharmaceuticals Inc. said Monday its third-quarter loss narrowed on lower costs and a boost in revenue from its drug development partners. Full Story »

  • Pfizer slashes research, staff after Wyeth deal

    AFP – Mon Nov 9, 1:50 pm ET  
    A sign for Pharmaceutical company Pfizer is displayed on 42 Street... AFP/File

    NEW YORK (AFP) - Pfizer announced Monday cuts in its research activities and staff after acquiring pharmaceutical rival Wyeth. Full Story »

  • SingTel says regional mobile users up 26 pct

    AFP – 27 mins ago  
    Singapore Telecommunications (SingTel) said Tuesday its regional... AFP/File

    SINGAPORE (AFP) - Singapore Telecommunications (SingTel) said Tuesday its regional mobile user base expanded by more than 56 million users over 12 months to the end of September. Full Story »

  • Verizon vs. AT&T: The Ad Wars Shift

    PC World – Mon Nov 9, 10:48 am ET  

    Getting into the spirit of the season, Verizon is enlisting the aid of elves, Elvis, and stop-motion puppets in its holiday offensive against AT&T. In a new set of ads (which you can see below), Verizon continues to highlight its superior nationwide 3G coverage as an argument for going with the carrier and its handset lineup, including HTC's Imagio and Droid Eris, instead of Apple's iPhone on AT&T. The new ads are stirring a lot of debate online, and may also be fodder for a rumor that never really goes away. Full Story »

  • Stocks eye retailers as jobless ranks grow

    Reuters – Sun Nov 8, 11:30 am ET  
    Traders work on the floor of the New York Stock Exchange, November... Reuters

    NEW YORK (Reuters) - As unemployment in the United States edges above 10 percent, anxious investors will look to earnings reports from major retailers for signs of life in the beaten-up consumer. Full Story »

  • Staff at struggling German retail giant agree to tighten belts

    AFP – Sat Nov 7, 3:51 pm ET  
    Two department stores of German retailers Karstadt and Kaufhof... AFP/DDP/File

    BERLIN (AFP) - Employees of the embattled German department store chain Karstadt, owned by the insolvent retail group Arcandor, agreed Saturday to take salary cuts as part of a last-ditch effort to save their jobs. Full Story »

  • Economic forecasts in bank tests miss their mark

    AP – Mon Nov 9, 7:05 pm ET  
    FILE - In this April 30, 2009 file photo, a GMAC sign is shown... AP

    WASHINGTON - All but one of the 19 largest banks have raised the extra capital cushion regulators said they'd need to withstand a deeper recession — a sign, the Treasury secretary said, of how much the financial system has improved since the crisis began. Full Story »

  • Fed says banks eye tighter terms on credit cards

    AP – Mon Nov 9, 3:24 pm ET  
    FILE - In this July 23, 2007 file photo, signs for American Express,... AP

    WASHINGTON - Banks expect to tighten terms on credit cards in response to a new law that aims to protect consumers from sudden rate hikes, the Federal Reserve said Monday. Full Story »

  • Animated films could impact Oscars

    Reuters – Mon Nov 9, 11:48 pm ET  

    LOS ANGELES (Hollywood Reporter) - As the buzz on a best-picture nomination for "WALL-E" hit a fever pitch last year, one Pixar confided: "This is it. This is our last chance. After this year, we're out of the awards game." Full Story »

  • ABC drops "Eastwick," dancing show

    Reuters – Mon Nov 9, 11:26 pm ET  

    LOS ANGELES (Hollywood Reporter) - ABC has opted not to order additional episodes of "Eastwick," its rookie supernatural comedy-drama starring Rebecca Romijn. Full Story »

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