Cincinnati Sun
CincinnatiSun.com Friday 4th July 2008 Edition 186/2008
Front Page US Business News
Google ordered to give access to YouTube


Add to My Yahoo!
Google has been ordered to allow entertainment giant, Viacom, access to details of the video-watching habits of visitors the YouTube...


Jobs go in big US downturn
US firms have made redundant 60,000 Americans over the past...


Concorde crash leads to court
An Air France Concorde aircraft which crashed in 2000, killing 113 people, is the subject of a court case in the US, for which people are to stand trial for...


Regulators insist on safety measures for death park
US regulators in the US state of Georgia have said a popular amusement park will have to increase the size and number of warning signs near its roller...


South Korean leader says protestors should stop
South Korean President Lee Myung-bak has warned his government will not tolerate further street protests against US meat...


U.S. stocks end week mixed
Traders knocked off early Thursday ahead of the July 4 weekend....


US stocks mixed amid another record day for oil
US stock indices saw mixed results Thursday as oil prices continued climbing to record highs and the US economy shed more...


Banks, miners pull Europe lower; Swiss lender UBS rises
LONDON (MarketWatch) - European shares drifted lower on Friday in subdued trade as banks declined and miners also lost ground, though UBS rallied after the Swiss bank quelled fears that it would have...


Payrolls fall by 62,000 in June
Job losses in June were slightly worse than the 40,000 expected by economists surveyed by MarketWatch. The unemployment rate was expected to fall to...


At home with the Blue Angels
PENSACOLA, Fla.--If you've ever watched a Blue Angels show, you may not have known that when the F-18 pilots are screaming across the sky, less than 2 feet apart, they're probably not looking...


Apple cuts price of flash-drive MacBook Air
Tom Krazit: Now for you, the editor who started this crap. First, you TOO need to learn how to write more effectively. If you're going to post an article with the subject heading, "Apple cuts price...


YouTube directive raises questions
On Thursday's edition of the Daily Debrief, CNET News.com's Kara Tsuboi and Dan Farber discuss the latest development in Viacom's copyright infringement lawsuit against YouTube and its parent...


Internal Facebook valuation points to strategic merit
SAN FRANCISCO (MarketWatch) -- Court documents have revealed an internal valuation at Facebook Inc. far below the $15 billion cited publicly at the time of Microsoft Corp.'s investment in the popular...


Where Gibson guitars are custom-made
At the Gibson custom factory in Nashville, Tenn., the famous guitar manufacturer makes its most expensive and exclusive instruments, including an ongoing series of limited-edition replicas of...


Waiting for Microsoft to turn green
TWO big things happened at Microsoft this past week. Bill Gates retired from the company after 32 years as co-founder, guiding spirit and undisputed boss. Then, following seven years as its flagship...


UBS expects to roughly break even, doesn
LONDON (MarketWatch) -- Swiss banking giant UBS said Friday that it expects to roughly break even in the second quarter, after a 3 billion Swiss franc ($2.93 billion) tax credit helped offset further...


Logic of off-coast oil drilling is deeply flawed
SANTA MONICA, Calif. (MarketWatch) -- Coastal drilling for oil is mindless, not only from a supply perspective but from an environmental...


Goldman benefits from
SAN FRANCISCO (MarketWatch) -- The credit crunch and near-collapse of Bear Stearns has triggered a "flight to quality" in the prime brokerage business as hedge funds shift assets to the largest, most...


Oil Makes Markets Go
I am surprised by how many oil stocks are acting like dogs in the wake of buoyant oil futures quotes. The crude oil surge in commodity markets amounts to 50% since year's end, but oil stocks show...


Microsoft gets hip with da yoof to flog email
McCann Worldgroup to create a campaign driving uptake of its IM and email by affiliating with ten charitable organizations. Driving the campaign is the demographically-profiled and completely fake...


Learn To Love Big Oil
Big Oil shares closed lower in Europe on Thursday, another sign that sentiment in the sector is turning despite record crude prices. But industry-watchers believe this is no time to bail out of the...


Some dial-up users wish to stay that way
. And a lot of those people apparently see no compelling reason to change. The report indicates that those users are not itching to make a change to a speedier broadband connection in large part...


Mortgage rates fall, reversing 5-week streak
Rates on 15-year fixed-rate mortgages dropped to 5.92 percent from 6.04 percent. The five-year adjustable-rate mortgage fell to 5.78 percent from 5.99 percent. The rate on a one-year adjustable-rate...


Google Talk comes to the iPhone, iPod Touch
Google is making its Google Talk instant-messaging application available for Apple's iPhone and iPod Touch. One of Google's software engineers posted the news in...


Collaborative Software Initiative in Time Magazine
Stuart Cohen enjoyed a lot of media attention in his days running Open Source Development Labs so it's good to see him back in the business press spreading to good word on open source with the new...


Nikkei slips for 12th consecutive session
HONG KONG (MarketWatch) -- Japan's Nikkei 225 index ended lower Friday to log its 12th straight decline and move a step closer to a losing string not seen on the Tokyo benchmark in 54...


On the Bright Side, Shopping Bargains Abound
Anyone who has managed to forget about fuel prices long enough to enjoy a little retail therapy knows some steep discounts are available these days.'I've noticed there is a ton of stuff on sale,'...


For Stocks, Escaping Bear Hinges on Oil, GE
By Walker Simon NEW YORK (Reuters) - It will be tough for Wall Street to shake off the bear market blues next week if the price of oil keeps rising and the earnings season kick-off from Alcoa and ...


good idea, or not
And here's the big one. Shooting guns accurately takes considerable practice to begin with. Now put yourself on a continuously mobile platform and give yourself a rifle with a good kick and that...


Nikkei slips again in a mixed region
HONG KONG (MarketWatch) -- Japan's Nikkei 225 index struggled to stay in positive territory before heading downhill Friday afternoon, toward a losing streak not seen on the Tokyo benchmark in 54...


Free MP3 of the Day
Yelle says she sings in "80's French"--which sounds kind of confusing until you hear her punky electro tracks that remind us of Stereo Totale and Electrocute. Fronting a fashiony, stylish movement...


What Dow Theory says about recent market action
The Dow Theory, of course, is the oldest stock market timing system in widespread use today. Its author was William Peter Hamilton, who introduced it in a series of editorials in The Wall Street...


Cubs win the World Series!
NEW YORK (MarketWatch) -- Much of the baseball world is praying for the Chicago Cubs to reach the World Series for the first time since 1945 -- and to go on to win the Fall Classic for the first time...


China eyes Petrobras to develop offshore oil reserve
) , or Petrobras, will be invited to help develop China's offshore oil reserves, the president of China National Offshore Oil Corp., or Cnooc, told the local Estado news...


Microsoft Prepares New Bid for Yahoo, Looks for Allies
Posted on: Friday, 4 July 2008, 00:00 CDT NEW YORK: Microsoft is preparing a new bid for Yahoo Inc's search business and has approached other media companies about joining it in a deal that would...


Microsoft Seeks Help in Search Engine Bid
Posted on: Friday, 4 July 2008, 00:00 CDT By The Associated Press SAN FRANCISCO (AP) - Unable to strike a deal on its own, Microsoft Corp. reportedly is hoping to snap up Yahoo's online search...


Surprise is how Starbucks stumbled
Starbucks wants to get back to its roots to help turn around its ailing fortunes. It brought back pioneering Chief Executive Howard Schultz to run the coffee chain day to day, and it has introduced a...


Utah is going to a 4-day workweek
SALT LAKE CITY -- Starting next month, it will be "TGIT" for Utah state employees. As in: "Thank God It's Thursday."In a yearlong experiment aimed at reducing the state's energy costs and commuters'...


ECB raises key rate to 4.25 percent
Wary of higher energy and commodity prices, the European Central Bank raised its benchmark interest rate Thursday by a quarter percentage point to 4.25 percent, a move it hopes will help curtail...


NY judge orders prison for former Refco CEO
The former head of Refco Inc., blamed for the collapse of one of the world's largest commodities brokerages, was sentenced to 16 years in prison Thursday by a judge who decried the "staggeringly...


Nebraska Beef Ltd. recall now 5.3 million pounds
Nebraska Beef Ltd. is expanding a recall announced earlier this week to include all 5.3 million pounds of meat it produced for ground beef between May 16 and June...


Court orders YouTube to give Viacom video logs
Dismissing privacy concerns, a federal judge overseeing a $1 billion copyright-infringement lawsuit against YouTube has ordered the popular online video-sharing service to disclose who watches which...


Ky. lawyers face new trial in diet-drug settlement
Two lawyers accused of defrauding their clients in a diet-drug settlement of $65 million were sent back to jail Thursday after a jury deadlocked and a federal judge declared a...


Continental ordered to trial in Concorde explosion
A French judge ordered Continental Airlines and five people to stand trial on charges of manslaughter for the 2000 crash of a Concorde jet that killed 113 people, a prosecutor said...


Countrywide settlement gets initial OK in Delaware
A Delaware judge on Thursday granted preliminary approval of a proposed settlement in a shareholder lawsuit against mortgage lender Countrywide Financial Corp., which was acquired by North...


Service sector contracts as orders fall
Higher oil prices caused service businesses to shrink in June, as falling new orders and rising costs hit the nation's coffee shops, paper mills and corner...


Judge urges Eli Lilly to settle Zyprexa lawsuit
A federal judge in New York is urging Eli Lilly and Co. to settle a multibillion-dollar lawsuit filed by insurance companies, unions and others who claim the pharmaceutical giant overpriced its...


Facebook-advertised boozefest spurs liquor ban
Mark Zuckerberg, what hath thou wrought? A Facebook invitation for a massive beach party in Britain looked to ensure an event so wild and widespread that the local police felt the need to impose a...


Makers of high fructose corn syrup want to sweeten its image
SAN FRANCISCO (MarketWatch) -- Check the label of even a mildly sweet packaged food product these days and you're likely to find an ingredient called high fructose corn...


Oil Sets New Record, Price Soars Above $145
(CBS News) Soaring fuel costs are taking some of the celebration out of this holiday weekend.Oil prices headed into the busy Fourth of July break by racing past $145 a barrel for the first time...