Print2online CMS 4.0 http://www.abjusa.com/ ©2007 CBJ http://www.abjusa.com/files.php?file= http://www.abjusa.com/ http://www.abjusa.com/business_news/blackberry_shares_drop.html Business News Tue, 12 Feb 2013 06:59:00 -0700 ABJ - February 12 - Shares of BlackBerry took a hit yesterday on word Atlanta-based Home Depot is dropping the Canadian company’s phones for its corporate employees and managers.The home-improvement chain will swap out 10,000 BlackBerry models with Apple’s iPhones. The change won’t affect the 60,000 mobile devices used by store employees.It’s a setback for BlackBerry, formerly known as Research In Motion, which just unveiled http://www.abjusa.com/business_news/barclay_s_dropping_3_700_jobs.html Business News Tue, 12 Feb 2013 06:58:00 -0700 ABJ - February 12 - Troubled British bank Barclays is firing least 3,700 people as its new chief executive puts his stamp on a recovery process. the troubled British bank by aiming to cut 1.7 billion pounds ($2.7 billion CDN) in annual costs and raise standards after a series of scandals.CEO Antony Jenkins hopes to cut £1.7 billion ($2.7 billion CDN) in annual costs while http://www.abjusa.com/business_news/pope_benedict_resigning.html Business News Mon, 11 Feb 2013 07:09:00 -0700 ABJ - February 11 - Pope Benedict is resigning as of Feb. 28, becoming the first pontiff in almost 600 years to voluntarily step down from the highest position in the Roman Catholic Church. The 85-year-old Benedict shocked even those in his close inner circle of allies in saying that he no longer has the mental and physical strength to handle the position on a http://www.abjusa.com/business_news/airline_merger.html Business News Mon, 11 Feb 2013 07:09:00 -0700 ABJ - February 11 - U.S. Airways and AMR Corp are apparently close to formally announcing an $11 billion merger that would create the world's largest airline.Under terms of a deal that are still being finalized, U.S. Airways CEO Doug Parker would assume the same position in the merged company while AMR's top executive Tom Horton would serve as non-executive chairman of the board until http://www.abjusa.com/business_news/federal_reserve_hacked.html Business News Thu, 07 Feb 2013 05:18:00 -0700 ABJ - February 7 - The Federal Reserve has acknowledged that an outside party gained access to its website and a limited amount of data, raising questions about the central bank's cyber-security measures."The Federal Reserve System is aware that information was obtained by exploiting a temporary vulnerability in a website vendor product," a Federal Reserve spokesman said in a pooled statement to the media.The exposure http://www.abjusa.com/business_news/jobless_claims_decline1.html Business News Thu, 07 Feb 2013 05:17:00 -0700 ABJ - February 7 - The number of Americans filing new claims for jobless benefits fell last week and a trend reading hit a near five-year low, pointing to ongoing healing in the labor market.According to the Labor Department, initial claims for state unemployment benefits dropped by 5,000 to a seasonally adjusted 366,000. The prior week's claims figure was revised to show 3,000 more new http://www.abjusa.com/business_news/rbs_hit_hard_by_sanctions.html Business News Wed, 06 Feb 2013 04:57:00 -0700 ABJ - February 6 - Britain's Royal Bank of Scotland will pay British and American authorities the equivalent of $615 million and plead guilty to wire fraud in Japan to settle allegations it manipulated international interest rates.More than a dozen traders at RBS offices in London, Singapore and Tokyo manipulated the London interbank offered rate (Libor), which is used to price trillions of dollars worth http://www.abjusa.com/business_news/bp_profit_decline.html Business News Tue, 05 Feb 2013 02:25:00 -0700 ABJ - February 5 - British oil company BP announced quarterly profit down a fifth from a year ago, after it sold assets in preparation for what could be its biggest oil spill payout when the case comes to trial later this month.BP, the last of the big four western world oil companies to report fourth quarter figures, still beat expectations because of one-off taxes http://www.abjusa.com/business_news/oracle_s_2_billion_deal.html Business News Mon, 04 Feb 2013 06:17:00 -0700 ABJ - February 4 - Oracle Corp. is set to buy Acme Packet Inc. for about $2 billion. Acme’s specialty is making hi-tech equipment that speeds up voice, video and data delivery across networks.The $29.25 per share offer represents a 22 percent premium to Acme Packet's Friday close on the NASDAQ and is based on the number of outstanding shares as of Dec. 31.In December http://www.abjusa.com/business_news/twitter_attacked_by_hackers.html Business News Mon, 04 Feb 2013 06:16:00 -0700 ABJ - February 4 - As first reported late last week, Twitter was in fact compromised by hackers but the social media site was quick to respond and appears to have limited the potential damage. Anonymous hackers attacked Twitter early Friday and may have gained access to passwords and other information for as many as 250,000 user accounts. Twitter has about 200 million users worldwide.Twitter The American Business Journal