Archive for August, 2011

Kinect Star Wars game and Xbox 360 bundle delayed until 2012

Kinect Star Wars game and Xbox 360 bundle delayed until 2012

Can you feel that? The disturbance in the Force? It’s like millions of voices that have been crying out in terror about the upcoming holiday season’s video games were suddenly silenced. Too Forced? (heh) There’s good news and bad news for Xbox 360-playing fans of Star Wars. The release of the upcoming Kinect Star Wars Kinect [...]

August 26, 2011 | 0 Comments More
BlackBerry-maker RIM launches music sharing service

BlackBerry-maker RIM launches music sharing service

Research in Motion launched a collaboration Thursday with major record labels to allow BlackBerry users to access and exchange music via instant messenger. BlackBerry Messenger Music will let the world’s 45 million Blackberry Messenger users compile a personal library of up to 50 songs that they can listen to and share with friends, a company [...]

August 26, 2011 | 0 Comments More
ABN AMRO cuts 9 percent of jobs in run-up to sale

ABN AMRO cuts 9 percent of jobs in run-up to sale

AMSTERDAM (Reuters) – Nationalized Dutch bank ABN AMRO is shedding 2,350 jobs – some 9 percent of its workforce – as the state readies it for sale or a listing. The bank said it expected 1,500 redundancies and 850 positions to be lost through natural attrition in the next three to four years. Most of the [...]

August 26, 2011 | 0 Comments More
AIG chief unhappy with stock analysts’ view

AIG chief unhappy with stock analysts’ view

(Reuters) – American International Group Chief Executive Robert Benmosche has complained to senior executives at investment banks about the “unfavorable research” of the insurer’s stock, the Wall Street Journal said, citing people familiar with the matter. Benmosche’s complaint suggested that some analysts do not fully understand the company and its value, the Journal said. AIG is [...]

August 26, 2011 | 0 Comments More
S&P says market sentiment had weakened before US downgrade

S&P says market sentiment had weakened before US downgrade

SINGAPORE (Reuters) – The top official behind Standard & Poor’s downgrade of the United States said on Friday it was not to blame for August’s stock market rout, and warned that developed nations still needed to “get their act together” to tackle their mountains of debt. S&P cut the United States’ prized triple-AAA rating one [...]

August 26, 2011 | 0 Comments More
Grandparents play a bigger role in child-rearing

Grandparents play a bigger role in child-rearing

WASHINGTON (AP) — America is swiftly becoming a granny state. Less frail and more involved, today’s grandparents are shunning retirement homes and stepping in more than ever to raise grandchildren while young adults struggle in the poor economy. The newer grandparents are mainly baby boomers who are still working, with greater disposable income. Now making [...]

August 26, 2011 | 0 Comments More
Bullard sees Fed portfolio tweak as ineffective

Bullard sees Fed portfolio tweak as ineffective

JACKSON HOLE, Wyoming (Reuters) – A bid by the U.S. Federal Reserve to lower long-term interest rates further by rebalancing its portfolio would probably not have much impact, a top Fed official said on Thursday. Fed Chairman Ben Bernanke is expected to raise the possibility of adjusting the Fed’s balance sheet to weight it more [...]

August 26, 2011 | 0 Comments More
US says Libyan chemical, nuclear material secure

US says Libyan chemical, nuclear material secure

WASHINGTON (AP) — The State Department expressed confidence Thursday that Libya’s raw nuclear material and deadly chemicals are secure, trying to dispel fears that the near collapse of Moammar Gadhafi’s regime means terrorists could get their hands on weapons of mass destruction. In a statement issued Thursday night, Secretary of State Hillary Rodham Clinton said [...]

August 26, 2011 | 0 Comments More
U.S. Republican Perry labels Washington ‘a seedy place’

U.S. Republican Perry labels Washington ‘a seedy place’

WASHINGTON (Reuters) – Republican presidential candidate Rick Perry on Thursday described Washington as “a seedy place” while defending what he said was his manner of speaking plainly. Since launching his campaign on August 13, the Texas governor has made some statements that drew criticism from the White House and some Republican opinion leaders. “With all [...]

August 26, 2011 | 0 Comments More
How the poll was conducted

How the poll was conducted

The Associated Press-GfK Poll on the 2012 Republican presidential nomination was conducted by GfK Roper Public Affairs & Corporate Communications from Aug. 18-22. It is based on landline and cellphone telephone interviews with a nationally representative random sample of 1,000 adults and included 408 Republicans and Republican-leaning independents. Interviews were conducted with 700 respondents on [...]

August 26, 2011 | 0 Comments More
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