SEP
29
2008
SEP
29
2008

MI6 seeks recruits on Facebook

MI6 is using the social networking site Facebook to recruit the next generation of spies. The Secret Intelligence Service, which has traditionally scoured the country´s elite universities for recruits, launched a series of online adverts this month as part of its attempts to attract people from a variety of backgrounds.

SEP
29
2008

Central banks inject more cash as money markets remain frozen

Central banks pumped billions of dollars in additional funds into money markets early Monday as more financial institutions ran into trouble in Europe and the U.S.

SEP
29
2008

Inbev shareholders approve Anheuser-Busch deal

InBev SA shareholders on Monday backed the company´s US$52 billion (€32.8 billion) takeover of Anheuser-Busch — a deal that would form the world´s largest brewer.

SEP
29
2008

European bank giant Fortis partially nationalized

Dutch-Belgian bank and insurance giant Fortis NV was given a 11.2 billion euro ($16.4 billion) lifeline to avert insolvency as part of a wider bailout plan agreed to by Belgium, the Netherlands and Luxembourg.

SEP
29
2008

US-India nuclear accord clears first hurdle

The US House of Representatives has approved a landmark nuclear deal with India, removing one of two final obstacles to a foreign policy victory for the Bush administration.

SEP
26
2008

Rancho Cordova firm accused of bilking investors out of $6.5 million

An obscure Rancho Cordova medical technology company today was accused of bilking investors nationwide out of $6.5 million by lying about the progress it was making in finding cures for cancer. The company agreed to settle the charges without admitting or denying any wrongdoing.

SEP
26
2008

Governor vetoes several bills on home lending

Gov. Schwarzenegger vetoed several bills Thursday meant to reform home-lending practices in response to the record number of foreclosures and defaults in the Inland area and elsewhere.

SEP
26
2008

Alitalia rescue plan wins union support

Italy´s civil-aviation authority has extended the operating license of Alitalia SpA after the country´s largest union threw its support behind investors trying to rescue the struggling state-controlled airline.

SEP
26
2008

Federal Reserve opens door to more bank investments

The Federal Reserve Bank is liberalizing U.S. bank ownership rules to make it easier for foreign investment and private equity funds as well as other nonbanking businesses to take ownership stakes.

SEP
26
2008

Federal Circuit rules against Lucent in $1.5 billion patent infringement appeal

The US Court of Appeals for the Federal Circuit affirmed a district court´s grant of judgment as a matter of law (JMOL) to Microsoft Corp. in a suit involving alleged infringement of digital music patents held by Alcatel-Lucent.

SEP
25
2008

House to vote on extending energy tax credits

The House of Representatives will try to take up legislation extending renewable energy tax credits before lawmakers head out of town for to campaign for the November election.

SEP
25
2008

Discover may gain $4 billion in Visa, MasterCard suit

Discover Financial Services, the fourth-biggest U.S. credit-card company, may settle for up to $4 billion with Visa Inc. and MasterCard Inc. in a lawsuit over their efforts to keep banks from working with rivals, according to three industry analysts.

SEP
25
2008

EU ban on chinese baby food containing millk

The European Commission has agreed to clamp down on the import of all Chinese baby foods containing milk and to test other products that contain a certain proportion of milk powder.

SEP
25
2008

Congress passes mental health parity legislation

Congress passed legislation to reduce inequities in the insurance coverage of mental health and addiction treatment, bringing the insurance costs for such treatment in line with those of conventional medical procedures.

SEP
25
2008

Federal Circuit clarifies rule governing design patents

An en-banc panel of the US Court of Appeals for the Federal Circuit clarified the test to be used to determine whether a design patent has been infringed.

SEP
25
2008

Philip Morris sues S.F. over tobacco sales ban

Philip Morris USA, the nation´s largest tobacco company, filed suit in federal court Wednesday, arguing the city of San Francisco has unconstitutionally banned pharmacies from selling tobacco products.

SEP
25
2008

No more free passes for gov´t vehicles

The free ride on New York´s bridges and through its tunnels is over for city and state workers on official business, a local transit board voted Wednesday.

SEP
25
2008

California law outlaws text messages while driving

Gov. Arnold Schwarzenegger has signed a law making it illegal to read or send text messages while driving in California.

SEP
25
2008

Rice says Russia more authoritarian

U.S. Secretary of State Condoleezza Rice has reiterated her sharp criticism of a resurgent and emboldened Russia and accused the Kremlin of becoming increasingly authoritarian at home and aggressive on the world stage.

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