Monthly Archives: November 2011

Blackstone, Bain to lead Alibaba’s bid for Yahoo: sources

Written on November 30, 2011 by Editor - Business News

Wed Nov 30, 2011 6:42pm EST (Reuters) – Private equity firms Blackstone Group and Bain Capital will lead a bid for the whole of Yahoo Inc after agreeing to team up with Alibaba Group, two people familiar with the matter … Continue reading →

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Olympus ex-CEO Woodford quits board in bid to force overhaul

Written on November 30, 2011 by Editor - Finance Top Stories

TOKYO (Reuters) – The whistleblower in the accounting scandal engulfing Japan’s Olympus Corp, ex-CEO Michael Woodford, has quit the firm’s board of directors and called for an urgent shareholder meeting to sweep aside its disgraced top brass. Woodford said on … Continue reading →

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Intel, Total Immersion working on augmented reality chipsets

Written on November 30, 2011 by Editor - Finance Top Stories

By Paul Sandle and Tarmo Virki (Reuters) – Total Immersion, a pioneer in emerging field of augmented reality (Toronto:AR.TO – NewsARnull), is working with Intel to bring AR features, like gesture recognition, into Intel’s chipsets, an executive of the privately … Continue reading →

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Hackers jailbreak RIM’s PlayBook

Written on November 30, 2011 by Editor - Finance Top Stories

Blackstone, Bain mull Yahoo bid: sourceReuters A consortium led by Blackstone Group LP and Bain Capital is working on a bid for all of Yahoo Inc that could value … Read More from the Article Source: http://us.rd.yahoo.com/finance/news/rss/story/*http%3A//us.rd.yahoo.com/finance/news/topfinstories/*http%3A//finance.yahoo.com/news/hackers-jailbreak-rims-playbook-tablet-172948786.html?l=1

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Blackstone, Bain mull Yahoo bid: source

Written on November 30, 2011 by Editor - Finance Top Stories

Blackstone, Bain mull Yahoo bid: sourceReuters A consortium led by Blackstone Group LP and Bain Capital is working on a bid for all of Yahoo Inc that could value … Read More from the Article Source: http://us.rd.yahoo.com/finance/news/rss/story/*http%3A//us.rd.yahoo.com/finance/news/topfinstories/*http%3A//finance.yahoo.com/news/blackstone-bain-mull-yahoo-bid-002005651.html?l=1

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Wall St. rallies on central banks’ help for Europe (Reuters)

Written on November 30, 2011 by Editor - Stock Markets News

NEW YORK (Reuters) – Stocks surged on Wednesday after major central banks agreed to make cheaper dollar loans for struggling European banks to prevent the euro-zone debt woes from turning into a full-blown credit crisis. The Dow posted its best … Continue reading →

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The Dow Jones average’s largest daily point gains (AP)

Written on November 30, 2011 by Editor - Stock Markets News

The 490-point jump in the Dow Jones industrial average on Wednesday was the seventh-largest one-day point gain on record. Here are the others: Oct. 13, 2008. The Dow rose 936.42, or 11.1 percent Oct. 28, 2008. The Dow rose 889.35, … Continue reading →

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More Minnesota school districts to borrow: survey (Reuters)

Written on November 30, 2011 by Editor - Education News

(Reuters) – More Minnesota school districts will borrow for cash-flow purposes in the current school year after the state delayed a chunk of education aid payments, according to a survey released on Wednesday. The St. Paul-based Association of Metropolitan School … Continue reading →

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Poor schools don’t get "fair share": Education Department (Reuters)

Written on November 30, 2011 by Editor - Education News

WASHINGTON (Reuters) – Many poor public schools do not pay teachers and educators as much as wealthier schools just a few miles away, according to a survey of 13,000 school districts the U.S. Department of Education released on Wednesday. The … Continue reading →

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Episcopal bishop cleared of abandoning church doctrine (Reuters)

Written on November 30, 2011 by Editor - Religion News

CHARLESTON, South Carolina (Reuters) – The national Episcopal Church has cleared a conservative South Carolina diocese bishop of accusations that he abandoned the church’s principles amid disagreement over the denomination’s acceptance of homosexuality. The Right Reverend Mark J. Lawrence was … Continue reading →

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