BUSINESS

Yahoo Fires CEO Carol Bartz

Yahoo Inc. has confirmed that it has fired CEO Carol Bartz and has named Tim Morse, Yahoo's chief financial officer as interim CEO. Several senior Yahoo executives were also named to the newly formed executive leadership council while the company searches for a permanent CEO.

How Do Stockmarket Declines Impact On Economic Growth?

- Stockmarket falls impact on economic growth- Impact is felt by both corporates and consumers- Danske Bank suggests US economy may be less resilient going into 2012By Chris ShawOver the past month, fear of recession and ongoing uncertainty with respect to European and US debt issues has seen equity...
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Sony Tablet S and P: Nine Crazy Reasons Why I Should Buy These Hip & Hot Tablets

Sony announced Monday that its first two Sony Tablet devices is already available for pre-sale and will be available in shelves.With so many tablets being launched in the market today, I thought about listing reasons why I should be buying tablets from the Japanese Electronics giant instead of the Apple's iPad and the tablet imitations (if you believe Apple's claims in its lawsuits), and later do some little research to verify if my first impressions were correct.

NBN Co. Reveals Partial Construction Schedules for NBN Roll Out

Construction of the telecommunication infrastructures required in the full roll out of the National Broadband Network (NBN) is now in full swing, with NBN Co. announcing on Tuesday that initial works are set to commence on Geraldton, Western Australia on October

FWA Ruling Disappoints Qantas Pilots

Qanta's long-haul pilots have described today’s ruling by Fair Work Australia, regarding NZ-based Qantas subsidiary Jetconnect, as disappointing and concerning.

No Rate Cut In Sight

By Greg Peel"Beyond the near term, growth is still likely to be at trend or higher, unless the world economic outlook continues to deteriorate.

CSG Producers Embark on Ad Campaign

Australia's oil and gas firms have launched an information campaign to convince the public of the benefits of CSG and erase negative public perception of the industry.

NASA to Revolutionize Air Transport of Cargoes

NASA is set to change the way cargoes are transported by air. Soon, there will be airships. In terms of gas emissions, NASA's airships could be the most eco-friendly freight carrier.

Google, Facebook Now Dissuade Aliases on Profiles

Google and Facebook have urged people to sign up using only their real names while those who use aliases are banned. Although internet analysts see only commercial goals, such as users-advertisers matching, as a reason behind this move, dissuading the use of aliases might prove some good points to consider.

Survey Shows Australians Favor 30% Minerals Resource Rent Tax

An online survey released Monday found that 46 percent of Australians favor the government planned 30 per cent minerals resource rent tax (MMRT). The survey by Essential Research said 34 per cent are against the MMRT, reported the Herald Sun.

Uranium Finds Support

By Greg PeelThe week before last saw industry consultant TradeTech's spot price indicator for uranium fall to US$48.

$A Plummets Amidst Debt Crises in Europe

The Australian dollar suffered at early morning trade treading the range of 105.52 to 105.60 cents path against the U.S. dollar but is expected to trade higher by mid-day in anticipation of the RBA meeting to deliberate on the cash rate on Tuesday afternoon.

The Overnight Report: Europe Trashed

By Greg PeelThe German coalition government lost another regional election over the weekend in Angela Merkel's home province of Mecklenburg-Vorpommern.

Australian Stock Market - Morning Report 09/06/2011

US financial markets were closed on Monday for the Labor Day holiday. On Friday the Dow Jones fell by 253pts or 2.2pct with the S&P 500 down by 2.5pct and the Nasdaq lost 65.7pts or 2.6pct. Over the week the Dow fell by 0.4pct and the S&P 500 lost 0.2pct while the Nasdaq was largely flat.

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