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Talent agencies William Morris, Endeavor merge

April 27, 2009 2:45 pm | by The Associated Press | News | Comments

LOS ANGELES (AP) — Two of Hollywood's biggest talent agencies announced plans to merge Monday in a power play that attempts to shift leverage from movie studios and record labels back to artists, actors, writers and directors.The 111-year-old William Morris Agency said it will join with upstart...

GM could become leaner, government-owned company

April 27, 2009 2:25 pm | by TOM KRISHER - AP Auto Writer - Associated Press | News | Comments

DETROIT (AP) — General Motors, once the colossus of American capitalism, will become a leaner, government-owned company if the Obama administration goes along with the automaker's plan to slash jobs, close plants and eliminate the legendary Pontiac brand.As GM laid out the proposal Monday, new...

Baidu posts higher 1Q profit, revenue

April 27, 2009 2:14 pm | by The Associated Press | News | Comments

NEW YORK (AP) — Baidu Inc., which runs China's most popular search engine, said Monday its first-quarter profit grew, boosted by higher online marketing revenue.The results sent the Beijing-based company's American Depositary shares higher in after-hours trading.For the three months ended March 31,...

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Lions Gate, Relativity ink distribution deal

April 27, 2009 2:14 pm | by The Associated Press | News | Comments

SANTA MONICA, Calif. (AP) — Boutique movie studio Lions Gate Entertainment Corp. said Monday it has signed a multiyear deal to distribute Relativity Media productions in the U.S.Financial terms were not disclosed. Lions Gate said it will acquire U.S. distribution rights for up to five Relativity...

Swine flu could mean new threat to US economy

April 27, 2009 1:59 pm | by JEANNINE AVERSA - AP Economics Writer - Associated Press | News | Comments

WASHINGTON (AP) — The U.S. economy, which was showing tentative early signs of a recovery, faces a potentially grave new threat: swine flu. A widespread outbreak could batter the tourism, food and transportation industries in particular, deepening the recession in the U.S. and possibly...

TJX's CEO got compensation valued at $6.85M

April 27, 2009 1:54 pm | by ANNE D'INNOCENZIO - AP Retail Writer - Associated Press | News | Comments

NEW YORK (AP) — Discount retailer TJX Cos. Chief Executive and President Carol Meyrowitz received compensation valued at $6.85 million last year, up 15 percent compared with the previous year, according to an Associated Press calculation of figures disclosed in a regulatory filing Monday.Meyrowitz...

I'm Coming For You Bossman

April 27, 2009 1:38 pm | by David Mantey, Editor, PD&D | Blogs | Comments

  I was reading up on the latest forms of non-violent protest in the workplace and stumbled across an interesting new concept that shows how a disgruntled workforce can react after it reaches its breaking point. While the fad seems to accomplish little more than a criminal misdemeanor charge with a possible felony escalation, I suppose it is better choice than some workers have made in the past.    

Six Flags closes indoor park facilities in Mexico

April 27, 2009 1:34 pm | by The Associated Press | News | Comments

NEW YORK (AP) — Six Flags Inc. confirmed Monday that it shut down indoor facilities — including restaurants and show venues — at its Mexico City theme park over the weekend at the recommendation of Mexican health officials working to contain the spread of swine flu.Spokeswoman Sandra Daniels said...

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SonicWall expects to post profit in 2Q

April 27, 2009 1:33 pm | by The Associated Press | News | Comments

SUNNYVALE, Calif. (AP) — Network security technology company SonicWall Inc. said Monday it expects to post a profit of 2 cents or 3 cents per share in the second quarter.Excluding one-time items, the company forecast earnings of 6 cents or 7 cents per share. Analysts, who generally exclude special...

SonicWall posts 1Q profit, lower revenue

April 27, 2009 1:28 pm | by The Associated Press | News | Comments

SUNNYVALE, Calif. (AP) — Network security technology company SonicWall Inc. posted a first-quarter profit Monday, reversing a year-earlier loss that was hurt by restructuring charges and higher costs.The company earned $1.7 million, or 3 cents per share, up from a loss of $66,000, or break-even per...

US Steel posts 1Q loss as demand drops

April 27, 2009 1:23 pm | by The Associated Press | News | Comments

PITTSBURGH (AP) — United States Steel Corp. says it lost $439 million in the first quarter as the recession pinched demand for the metal.The nation's largest steel producer says it lost $3.78 per share. That compares with a gain of $235 million, or $1.98 per share, a year ago.Pittsburgh-based U.S....

Dollar 3-month interbank lending rate falls again

April 27, 2009 1:18 pm | by The Associated Press | News | Comments

LONDON (AP) — The cost of three-month dollar loans between banks fell modestly Tuesday as the markets awaited the verdict of the U.S. government's stress tests of the country's 19 major financial institutions.The reports are set for release Monday, though Bank of America Corp. and Citigroup Inc....

SEC chief troubled by BofA, Merrill Lynch issues

April 27, 2009 1:18 pm | by SANDY SHORE - AP Business Writer - Associated Press | News | Comments

DENVER (AP) — The head of the Securities and Exchange Commission said Monday it would be "troubling" if her agency had been "deliberately excluded" from talks about Bank of America Corp.'s acquisition of Merrill Lynch.SEC Chairman Mary Schapiro said she expected more details about the transaction...

Case Study: Direct Metal Laser Sintering

April 27, 2009 1:18 pm | by DePuy Spine | Articles | Comments

Laser-sintered prototypes of open hooks that attach to vertebral bodies/ribs.   Utilized for evaluation, these are produced from 17-4 SS (stainless steel) material by DePuy Spine with Direct Metal Laser Sintering (DMLS) technology from EOS. (Image courtesy of DePuy Spine)  

Daimler reaches deal on final split from Chrysler

April 27, 2009 1:13 pm | by The Associated Press | News | Comments

NEW YORK (AP) — Germany's Daimler AG said Monday it has reached a deal to get rid of its remaining 19.9 percent stake in Chrysler LLC, severing the last tie between the two automakers that was formed more than a decade ago.The agreement is expected to stanch the billions in losses Daimler has...

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