Sun cuts 3,000 jobs blaming merger delay
merger with Oracle would force it to cut 3,000 jobs over the next 12 months.In the filing with the US Securities and Exchange Commission (SEC) the company said ti would be making the cuts in all geo...
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UPDATE 1-Comcast says will look at all content prudently
CMCSA.O ), the largest U.S. cable operator, will look at all opportunities in the content business Chief Executive Brian Roberts said on Tuesday, but he declined to comment on any "specific" situa...
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UPDATE 1-Swine flu sends mostly under-25s to hospital - CDC
WASHINGTON, Oct 20 (Reuters) - Half of those hospitalized with the new H1N1 virus are under 25, a clear illustration that the pandemic is affecting the young disproportionately, U.S. health officia...
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Treasury to shut down two more aid programs
WASHINGTON (Reuters) - The U.S. Treasury will shut down two more financial bailout programs along with its main bank capital injection program by the end of this year, a Treasury official said on Tues...
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Cosmen backs Stagecoach move on Natl Express-paper
Although the Cosmen family would also support a fundraising for debt-laden National Express, to help repair its balance sheet, its preference is for a deal with Stagecoach, the paper said, citing a...
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UPDATE 2-STMicro Q3 loss but outlook tops expectations
STM.PA ) posted its seventh consecutive quarterly loss, but its revenue and outlook topped expectations and bolstered hopes the semiconductor industry is on the rebound.
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UPDATE 1-Generator maker Generac seeks $300 mln IPO
NEW YORK, Oct 20 (Reuters) - Generac Holdings Inc, a private equity-owned maker of portable power generators, filed plans for an initial public offering to raise up to $300 million which it would u...
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