From All Things Digital, Sept. 2, 2008:Google has introduced a new Web browser, called Chrome, aimed at wresting dominance of the browser market from Microsoft’s Internet Explorer. The move takes the Google-Microsoft rivalry to a whole new level. If
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“The American people are frightened,” former Commerce Secretary Bill Daley said on Wednesday, as he discussed the American economy with Corbett B. Daly, Washington bureau chief for Thomson Reuters Markets.
People are concerned about income inequality and the widening wage gap, he added, and “that is driving a lot of the anxiety, and also driving in […]
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Updated from 11:56 a.m. EDT Lehman Brothers’ shares rallied Tuesday as the firm’s on-again, off-again discussions with the state-owned Korea Development Bank (KDB) switched back to the “on” position.At issue is both the t
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Adecco, the world’s largest staffing firm, now has six weeks to either make a formal offer for British rival Michael Page or walk away and leave the company in peace for at least six months.
White-collar staffing firm Michael Page has so far rejected informal offers from Adecco, which would value the group at 1.3 billion pounds, and […]
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From Silicon Alley Insider, Sept. 2, 2008:Back in the days when Microsoft was an unabashed monopoly, the
company’s strategy was “link and lever” — as in link new products to the
Windows operating system and lever them into a dominant market
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Singapore’s Temasek made clear how bullish it is on Merrill Lynch in a Bloomberg TV interview, expressing great confidence in CEO John Thain. The news service reported that the Singapore wealth fund has U.S. clearance to raise its stake in the brokerage to as much as 14 percent. That would be worth roughly $1.7 billion […]
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Stocks began September with an upside flourish thanks to tumbling oil prices and renewed deal talk for Lehman Brothers.In recent trading, the Dow was up 1.9%, the S&P higher by 1.4%, and the Nasdaq was up 1.9%. …
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The federal government should ditch the hybrid structure of mortgage giants Fannie Mae and Freddie Mac and fully back them with taxpayer funds, said New Jersey governor Jon Corzine, former CEO of Goldman Sachs.
“I don’t think we can continue with the schizophrenic view that we have today, sort of part public company, part private company, […]
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