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Source Match Wholesale Industry News

Yahoo! News launches ‘Ask America’ (The Upshot)

The Upshot - Yahoo! News is pleased to announce that today marks the launch of an amazing social media hub for the midterm elections called "Ask America." Ask America is a great way  to dig in on the big questions driving our national and local political discussions. Want to know what people think about the state of the [...]

2 in Wash. plead guilty to massive tax scheme (AP)

AP - Two Seattle-area men have pleaded guilty to federal charges involving a tax shelter that helped wealthy clients — including philanthropist Robert Wood Johnson IV and Hollywood mogul Haim Saban — avoid paying taxes on $1.3 billion in capital gains.

Enbridge says Ill. oil pipeline spill contained (AP)

AP - Enbridge Energy says workers have contained oil that spilled from a leaky pipeline in a Chicago suburb.

Toys R Us posts loss on costs and international weakness (Reuters)

Reuters - Toys R Us Inc , which is looking to go public, reported a quarterly loss on higher costs and weakness in its international business.

Judge allows subpoenas for Internet users (AP)

AP - A federal judge on Friday allowed the holder of a movie copyright to subpoena the names of people accused of illegally downloading and distributing a film over the Internet.

New GM CEO's pay package worth $9 million (AP)

FILE - This undated file photo provided by The Carlyle Group on Thursday, Aug. 12, 2010, shows Daniel F. Akerson, then, managing director and head of global buyout of The Carlyle Group. New General Motors Co. CEO Daniel Akerson will get the same $9 million pay package as the man he replaced, Ed Whitacre. (AP Photo/The Carlyle Group, file) NO SALES.AP - New General Motors Co. CEO Daniel Akerson will get up to $9 million in salary and stock, the same pay package granted to his predecessor, Ed Whitacre.


Geoghegan replaces Feinberg as pay czar (Reuters)

Reuters - The Treasury Department has selected Patricia Geoghegan to replace Kenneth Feinberg as the "pay czar" overseeing compensation at companies bailed out by the government.

Wall Street gains as economic outlook brightens (Reuters)

Traders work on the floor of the New York Stock Exchange, September 7, 2010. REUTERS/Brendan McDermidReuters - The Dow and S&P 500 closed the week with their seventh gain in eight sessions in a turnaround period for stocks that has seen investors' worst fears about the economy start to dissipate.


US widens probe of HP bribery allegations (AP)

AP - U.S. investigators have widened their probe of alleged kickbacks paid to Russian authorities by employees of a Hewlett-Packard Co. subsidiary in Germany.

Banks mull BlackBerry options for corporate email (Reuters)

Reuters - JPMorgan Chase & Co and UBS are considering allowing employees to access corporate email using Apple iPhones or other alternatives to their standard-issue Research in Motion BlackBerry.

Judge approves Sun Country bankruptcy plan (AP)

AP - Sun Country Airlines said a bankruptcy judge approved its reorganization plan on Friday, putting it another step closer to emerging from Chapter 11 protection.

Toys R Us posts 2nd-quarter loss on higher costs (AP)

AP - Toys R Us Inc. posted a loss for its fiscal second quarter as its costs rose.

Will DVD kiosks begin slow fade in 2012? (Ben Patterson)

Ben Patterson - DVD rental kiosks from Redbox and Blockbuster seem to be popping up on every corner these days, but home-video market analysts are predicting that demand for the ultra-convenient kiosks could soon start cooling off as video streaming and video-on-demand gain in popularity.

IMF to give Greece further 2.57 billion euro (AFP)

A demonstrator shouts anti government slogans in Tessaloniki. The International Monetary Fund on Friday announced it would provide Greece with a further 2.57 billion euro, the second installment of an economic rescue package.(AFP/Sakis Mitrolidis)AFP - The International Monetary Fund on Friday announced it would provide Greece with a further 2.57 billion euro, the second installment of an economic rescue package.


'Halo: Reach' aims to grab gamers again (AP)

This video game image released by Bungie Studios shows a scene from 'Halo Reach.' (AP Photo/Bungie Studios) NO SALESAP - Since fans lined up at midnight nearly three years ago for the release of the last "Halo" video game, a recession struck the economy, President Barack Obama took office and "Call of Duty: Modern Warfare 2" became the best-selling shooter game of all time. When the prequel "Halo: Reach" debuts Sept. 14, it will land on a very different world.


DataViz releases Documents To Go Premium 4.0 (Macworld.com)

Macworld.com - Not content to rest on its laurels while getting bought up by BlackBerry-maker Research In Motion, DataViz has released Documents To Go Premium 4.0 for iPhone, iPod touch, and iPad.

Security firms issue warning over email worm (AFP)

This photo taken on January 2010 shows a woman typing on the keyboard of her laptop computer. Computer security firms issued warnings on Friday over a computer virus that arrives by email offering downloads of AFP - Computer security firms issued warnings on Friday over a computer virus that arrives by email offering downloads of "free sex movies" or documents.


Where to Buy a Home for Less Than $800 a Month (U.S. News & World Report)

U.S. News & World Report - While the nation's real estate crash has been a nightmare for homeowners, it has created some outstanding opportunities for would-be buyers. Home prices in 20 major cities dropped 33 percent from the summer of 2006 to the spring of 2009--and in certain markets, the plunge was even steeper. At the same time, the federal government's efforts to revive the housing market have helped drive financing costs to record lows. Thirty-year fixed mortgage rates fell to an average of 4.32 percent for the week ending September 2. That's the lowest level in nearly 40 years of record-keeping. ...

WikiMobile Encyclopedia lets you bring Wikipedia on the road (Appolicious)

Appolicious - How much do two million Wikipedia articles weigh? About as much as your Android phone. WikiMobile Encyclopedia delivers the content of Wikipedia to your phone in an Android app. It works, but it's not the only game in town for accessing Wikipedia material over a cell phone.

Linux Wi-Fi Gets Easier with New Broadcom Driver (PC World)

PC World - Wireless chip maker Broadcom on Thursday announced good news for Linux users in the form of a fully open wireless driver that's compatible with the operating system.

Google's Android to be world No. 2 in 2010: report (Reuters)

Reuters - Google Inc's Android software will become the world's second most popular operating system for cell phones this year, leapfrogging rival offerings from Microsoft Corp, Research in Motion and Apple Inc, according to a new report.

Latest version of Android 'not designed' for tablets, report says (Ben Patterson)

Ben Patterson - We’ve already got a slew of Android-powered tablets poised to hit the market in the coming months, most notably the just-announced Samsung Tab. But a Google exec is saying that the current version of Android was never intended for tablets, and that could mean no Android Market access — at least in some cases.

July wholesale inventories jump 1.3 percent

Wholesale inventories surged the most in two years in July, adding to signs that economic growth in the third quarter of the year may prove a bit stronger than many forecasters had expected.

Android to challenge Nokia's Symbian by 2014: Gartner (AFP)

The Google Nexus One smartphone is seen on January 2010 in Washington, DC. Google's open-source Android will become the number two mobile operating system this year, leapfrogging BlackBerry and challenging market leader Nokia's Symbian by 2014, a research firm said Friday.(AFP/File/Paul J. Richards)AFP - Google's open-source Android will become the number two mobile operating system this year, leapfrogging BlackBerry and challenging market leader Nokia's Symbian by 2014, a research firm said Friday.


Nokia dumps CEO, turns to Microsoft exec (AP)

Nokia's new Chief Executive, Stephen Elop, speaks during the press conference Friday, Sept. 10, 2010, in Espoo, Finland.  Nokia Corp,  said on Friday that Chief Executive Olli-Pekka Kallasvuo will be replaced by Head of Microsoft's Business Division Stephen Elop on September 21. (AP Photo/Lehtikuva, Antti Aimo-Koivisto ) ** FINLAND OUT  NO SALES **AP - Nokia Corp. is replacing CEO Olli-Pekka Kallasvuo with Microsoft executive Stephen Elop as the world's top maker of mobile phones aims to regain lost ground in the fiercely competitive smart phone market.


US wholesale inventories jump 1.3% in July

US wholesale inventories jump 1.3% in July

"Here You Have" E-mail Virus Clogs Corporate Inboxes (Mashable)

Mashable - An e-mail virus, dubbed "Here You Have" because of its subject line, has reportedly infected corporate networks of major companies like AIG, Procter & Gamble, Comcast, Disney and even Google since Thursday.

Google benefits from Apple’s rules change (Appolicious)

Appolicious - Apple has let down its guard a bit, loosening regulations around the app approval process.  This signifies a major move for Apple, as its top-down approach to controlling apps in the iTunes App Store has been a hot button topic for several months now.

Wholesale Inventories Rise Sharply In July

(RTTNews) - US wholesale inventories rose the most in two years in July, a sign that merchants expect consumer demand to pick up. Inventories rose 1.3% to $405.0 billion in July from the previous months upwardly revised levels, according to a report from the Commerce Department released Friday.

Treasury's Barr to testify on Fannie and Freddie (Reuters)

Reuters - Michael Barr, assistant treasury secretary for financial institutions, and Edward DeMarco, acting director of the Federal Housing Finance Agency will testify on Capitol Hill next week on the future of Fannie Mae and Freddie Mac .

Greece pledges to overhaul loss-making state rail (AP)

Coast guards lock the gate of the harbor as riot police take positions during a protest  in Thessaloniki, Greece Friday Sept. 10, 2010. Unions are staging protests in Thessaloniki ahead of an annual weekend speech on the state of the economy by Prime Minister George Papandreou. Unions are angry at plans by Papandreou's Socialist government to sell-off and reform loss-making state enterprises and relax labor rules as part of an effort deal with Greece's acute debt crisis. (AP Photo/Dimitri Messinis)AP - The Greek government pledged Friday to radically overhaul loss-making state rail company OSE, as official data showed efforts to cut the country's bloated budget deficit remained on track, if slightly asthmatic.


Obama to voters: Our economic policies better (AP)

President Barack Obama speaks during a press conference in the East Room of the White House September 10, 2010. REUTERS/Larry DowningAP - President Barack Obama says that if voters weigh his economic policies against those of Republicans, then "the Democrats will do very well" in November.


Wholesale Sales and Inventories Rose in July

Unfortunately, the new report indicates little need for job growth. Wholesale - Inventory - Business - Salesmanship - Marketing and Advertising

Wholesale inventories edge higher

WASHINGTON, Sept. 10 (UPI) -- U.S. wholesale inventories rose 1.3 percent in July above an upwardly revised climb in June, the Commerce Department said Friday. United States - United States Department of Commerce - Conferences - Computer Science - Business

Wholesale Inventories Rise 1.3 Percent in July

Wholesale inventories increase in July by largest amount in 2 years while sales post rebound Business - Government - Wholesale Trade - United States - Conferences

Nokia brings in Microsoft exec to replace CEO (Reuters)

A girl tests out the new Nokia N8 mobile phone at the Nokia Flagship store in Helsinki September 10, 2010. REUTERS/Markku Ulander/LehtikuvaReuters - Nokia has hired Stephen Elop, a Canadian Microsoft executive with Silicon Valley credentials, to replace its embattled chief executive and renew its drive to compete with Apple.


Wholesale inventories increase in July by largest amount in 2 years while sales...

Wholesale inventories increase in July by largest amount in 2 years while sales post rebound.

Sep 10: Wholesale Inventories Rise

Wholesale Inventories up 1.3%

Sep 10: Wholesale Inventories

Wholesale Inventories today at 10:00 AM EST

"Here You Have" Virus Demonstrates Need to Improve Malware Security (PC World)

PC World - A worm known affectionately as "Here You Have" based on the subject line of the infected e-mail used to propagate it has quickly spread into a global malware attack. The efficacy of the simple, and poorly worded e-mail luring users to click on a malicious link demonstrates why we need a whole new approach to malware defense.

Admissions Q&A: Brigham Young (BusinessWeek)

BusinessWeek - Brigham Young University's Marriott School of Management (Marriott Full-Time MBA Profile) offers students more than a rigorous business education. Students at the school, owned by the Church of Jesus Christ of Latter-day Saints, are required to abide by a strict honor code, based on the tenets of the Mormon religion. The code includes rules against academic dishonesty and requires students to "live a chaste and virtuous life." It also prohibits drugs, alcohol, and coffee -- even at home. ...

Hurd's Oracle gig: Is Ellison perk or problem? (AP)

FILE - In this Sept, 24, 2008 file photo, Oracle CEO Larry Ellison, right, and (then) Hewlett Packard CEO Mark Hurd, on screen, smile during the Oracle Open World conference in San Francisco. As co-president at Oracle Corp., ousted Hewlett-Packard Co. CEO Mark Hurd will have to adapt to a new role playing second fiddle to one of Silicon Valley's most domineering bosses — Larry Ellison. (AP Photo/Paul Sakuma, file)AP - As co-president at Oracle Corp., ousted Hewlett-Packard Co. CEO Mark Hurd will have to adapt to a new role playing second fiddle to one of Silicon Valley's most domineering bosses — Larry Ellison.


Shoe seller DSW's operator says 2Q profit jumps (AP)

AP - Retail Ventures Inc., which operates the DSW shoe store chain, posted a 67 percent jump in second-quarter net income as a key revenue figure improved.

Wall Street's super traders come under fire (AFP)

Traders work on the floor of the New York Stock Exchange. A handful of traders who master stock markets using ultra-fast computers may soon face a clampdown by US watchdogs as they try to prevent freak electronic glitches.(AFP/Getty Images/File/Spencer Platt)AFP - A handful of traders who master stock markets using ultra-fast computers may soon face a clampdown by US watchdogs as they try to prevent freak electronic glitches.


Wholesale Costume Club Launches Their Halloween Costume Fundraising Program

Wholesale Costume Club, the only wholesale club offering costumes at the lowest prices with no minimum order requirements, is pleased to announce their innovative Halloween Costume Fundraising Program.
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