Venezuela Star
VenezuelaStar.com Thursday 18th March 2010 Volume 8/077
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Front Page Breaking Business News
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U.S. stocks mixed, blue chips advance, techs dip U.S. stocks mixed, blue chips advance, techs dip
While the Dow continues to work its way higher, the broader market was soft...


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Stern Hu and colleagues to face trial in MarchStern Hu and colleagues to face trial in March
Rio Tinto has been made aware of a trial date for four of its workers in...
Japanese government lending at 0.1%Japanese government lending at 0.1%
Japan's central bank has been encouraging financial institutions to lend more with a new stimulus...
Boeing 777 software gets fault reportBoeing 777 software gets fault report
The Federal Aviation Administration in the US has ordered Boeing to fix software in hundreds of 777...
Irish air travellers stay homeIrish air travellers stay home
Air traffic in Ireland has slumped considerably over the past...
U.S. stocks end solidly higherU.S. stocks end solidly higher
U.S. stocks ended the day higher Wednesday, with solid demand foir financial shares taking...
British advertising watchdog bans climate adsBritish advertising watchdog bans climate ads
Two government advertisements in Britain have been banned because of...
US man accused of Ponzi-like behaviourUS man accused of Ponzi-like behaviour
A Colorado man has been accused of running an investment-fraud scheme while still under investigation for an earlier securities-fraud...
Business class fliers being wooed by airlinesBusiness class fliers being wooed by airlines
Elite travellers are expected to start flying again soon, with airlines now gearing up for business...
Correction: Movado Earnings Story
PARAMUS, N.J. — In a story March 16 about quarterly results from Movado Group Inc., The Associated Press reported erroneously that the company posted net income of 64 cents per share in its...
Continental Joins Delta, American And Jetblue In Seeking Exemption From Tarmac-delay Rule
NEW YORK - Continental Airlines Inc. has asked regulators for an exemption from new rules to punish airlines for long tarmac delays, saying construction at New York's Kennedy Airport will slow...
Newspaper Publisher Gannett Expects To Meet 1q Earnings Forecasts, Says Ad Slump Is Easing
NEW YORK - Media company Gannett says it is seeing improving trends in advertising revenue and should meet Wall Street expectations with first-quarter earnings. Gannett Co. says that in its...
Ferrari Electronic Certified As Microsoft Exchange Server 2010 Fax Solution Partner
/PRNewswire/ -- Ferrari electronic AG, a Microsoft Gold Certified Partner and manufacturer of Unified Communications solutions, today announced that its fax solution is now certified as...
Microsoft Accelerates Desktop Virtualization
REDMOND, Wash., March 18 /PRNewswire-FirstCall/ -- Microsoft Corp. today announced new investments around desktop virtualization technologies and solutions, including virtual desktop infrastructure...
Gannett Expects To Meet 1q Earnings Forecasts
NEW YORK -- Media company Gannett says it is seeing improving trends in advertising revenue and should meet Wall Street expectations with first-quarter earnings.Gannett Co. says that in its...
Canadian Markets: Canadian Stocks Decline On Commodity Losses
SAN FRANCISCO (MarketWatch) -- Canadian stocks sank Thursday as the price of oil and gold futures fell, hurting the resources-heavy Toronto market. The S&P/TSX composite...
Wal-mart: Racist Announcement In New Jersey Store Triggers Inquiry
Victoria Arter was stunned by the loudspeaker announcement."Attention, Wal-Mart shoppers," she recalled hearing the calm male voice begin. "Will all the black people please leave the store. Thank...
Poll | Will The Tories' Election Prospects Be Damaged By Revelations About Lord Ashcroft Tax Status?
Michael Ashcroft with William Hague at a Conservative party fundraising event in March 2000 – the month Aschroft made a 'solemn and binding' undertaking to take up permanent residence in Britain by...
Glaxo Shines On Advair News But Ftse Edged Lower
has been in demand all day as the prospect of imminent competition to its best selling drug Advair in the US appeared to recede.Rival Novartis has relinquished American rights to a generic version of...
Microsoft Announces Windows 7 Sp1
Computerworld - Microsoft today announced service packs for both Windows 7 and Windows Server 2008 R2, but declined to set a release date or a schedule for getting a beta in users' hands. According...
Microsoft Lowers Windows Licensing Costs For Virtual Desktops
Microsoft is lowering the price of licensing the Windows operating system in a virtual desktop deployment, and announcing new bundles with partner Citrix in an announcement today. Microsoft customers...
Westernone Full-year Earnings Narrow To $1.1m From $1.5m While Revenues Rise
VANCOUVER, B.C. - WesternOne Equity Income Fund booked a smaller profit of $1.1 million versus a year ago, as operating expenses increased despite a hike in revenues. The fund, which acquires...
Nike Rises After Profit Exceeds Analysts’ Estimates
March 18 (Bloomberg) -- Nike Inc., the world’s largest maker of athletic shoes, jumped to its highest level in more than 27 years in U.S. trading after reporting third-quarter profit that more...
Chinese Partners Want To Know Google’s Plans
BEIJING - Chinese firms selling advertising space on Google's search pages have demanded clarity about the Internet company's plans in China, warning they will demand compensation if it shuts its...
Apple Director, Ex-auto Executive York Dies
DETROIT - Jerome York, a board member at Apple Inc., and a financial wizard who is credited with turning around Chrysler and IBM, died Thursday at the age of...
Drugs Giant Teva Buys Ratiopharm
Israeli generic drugs giant Teva has bought German firm Ratiopharm for 3.6bn euros (£3.2bn, $4.9bn), it has been announced.The deal represents a significant move into the European market for...
M&s Boss Rose To Take 25% Pay Cut
Marks and Spencer's chief executive and chairman Sir Stuart Rose will give up his executive role in July and take a 25% pay cut, the company has announced.Sir Stuart will then give up his position as...
Pfizer Ceo Kindler Named Phrma Chairman
SAN FRANCISCO -- Pfizer Inc. Chief Executive Jeffrey Kindler was elected chairman of the Pharmaceutical Research and Manufacturers of America, the industry trade organization said Thursday. Kindler...
Teck: Red Dog Expansion Plan On Hold After Epa Appeal Decision
TCK ) plan to expand its Red Dog zinc mine in Alaska will remain on hold following a decision by the U.S. Environmental Protection Agency on an appeal of the mine's expansion, a company official...
Brazil Feb Aluminum Output Down 2.8% On Year - Industry Group
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Update:chicago Fed: Auto Sector Boosts Midwest Manufacturing In January
(Updates with data from all four manufacturing sectors.) By Howard Packowitz of DOW JONES NEWSWIRES CHICAGO -(Dow Jones)- Manufacturing activity in the midwestern U.S. picked up in January, led by...
Obama Postpones Trip To Indonesia, Australia
WASHINGTON -(Dow Jones)- President Barack Obama won't travel to Indonesia and Australia next week, the White House said Thursday, postponing the trip so the president can focus on the looming...
Bae Systems Buys Back 1.2 Million Shares At 375.7p
LONDON -(Dow Jones)- BAE Systems PLC (BA.LN) said Thursday it has purchased the 1.2 million of its ordinary shares via UBS Investment Bank for an average price of 375.7 pence, and intends to hold...
Press Release: Fitch Revises Outlook On Five Ukrainian Corporates To Stable On Sovereign Action
Fitch Ratings-London/Moscow-18 March 2010: Fitch Ratings has revised the Outlooks on five Ukrainian companies to Stable from Negative, following the agency's rating action on Ukraine's sovereign...
Carlyle's Rubenstein: 'can't Invest Enough' In China
NEW YORK -(Dow Jones)- David Rubenstein, co-founder and managing director of The Carlyle Group LP, said his firm will dramatically increase its investments in China and that he expects some form of...
Latin American Markets: Brazil Index Pulled Lower As Resource Stocks Slump
Brazilian stocks fell Thursday, with a decline in commodities prices on renewed concerns about debt-stricken Greece pressuring the market's heavily weighted resource stocks. Brazil's currency was...
Airbus: Expects Second A400 Million Plane To Fly Within A Few Weeks
PARIS -(Dow Jones)- Airbus, a unit of European Aeronautic Defence & Space Co. NV (EAD.FR), Thursday said it expects a second A400M military transport aircraft to take to the skies within the...
Fed Officials Warn Against Loss Of Bank Oversight
WASHINGTON (Reuters) - Four top Federal Reserve officials chiefs urged Congress on Thursday not to strip the U.S. central bank of the authority to supervise small banks, saying they would lose an...
Tiff Over "punk Staffers" As Bank Reform Vote Nears
WASHINGTON (Reuters) - The tension level in the debate on financial reform rose on Thursday as Democrats slapped back at a Republican leader's comment about "punk staffers" and a pivotal vote neared...
Greenspan Says Fed Did Not Fuel The Housing Bubble
NEW YORK (Reuters) - Former Federal Reserve Chairman Alan Greenspan, whose legacy has been tarnished by the global financial crisis, on Thursday laid out a scholarly defense of why Fed policy did not...
Pfizer Drug Filings On Track Despite Setbacks
PFE.N ) research labs but its head of R&D says the world's biggest drugmaker is on track to hit earlier targets for new drug filings despite the...
Criminal Probe Of Toyota Recall Possible: Baird
Transport Minister John Baird said his department was probing why Toyota did not immediately notify the government that it was looking into a potential safety defect prior to issuing a massive...
Revenue Gap Between Cable And Broadcasters Widens
The rich keep getting richer in Canada's increasingly polarized television and broadcasting industry, according to fresh figures released on Thursday. Cable carriers such as Rogers...
Google Teams Up To Bring Internet To Tv: Source
Google Inc. is working to bring Web software to televisions through a partnership with Intel Corp., Sony Corp. and Logitech International SA, according to...
Lowering Your Odds Of Facing Irs Audit
Avoiding the Dreaded Tax Audit Financial adviser Ray Martin joins the Early Show to share tips on how to prevent raising red flags when filing taxes and avoiding an IRS...
Swiss Gruyere Named World's Best Cheese In Wis.
Europeans are still the world's big cheeses — a gruyere (groo-YEHR') from Switzerland has been named the world's best cheese at the 2010 World Championship Cheese Contest in Madison. Judges...