Microsoft suffers decisive EU antitrust defeat
BRUSSELS/LUXEMBOURG (Reuters) - Microsoft suffered a decisive antitrust defeat in Europe on Monday, sending its shares down 2 percent in pre-market trade.
Greenspan puts recession odds just above 1-in-3
NEW YORK (Reuters) - Former Federal Reserve Chairman Alan Greenspan said the probability of a U.S. recession was now slightly more than a third, after he earlier in the year put the chances at one-third, The Wall Street Journal reported in its online edition on Monday.
Wall Street seen opening lower on credit worries
NEW YORK (Reuters) - Stock futures pointed to a lower open on Monday as embattled British bank Northern Rock's troubles mounted, adding to global credit concerns before an expected U.S. interest rate cut this week.
GM, union talks adjourn amid signs of progress
DETROIT (Reuters) - Negotiators for the United Auto Workers and General Motors Corp agreed to a break in contract talks on Monday after a marathon 16-hour bargaining session that raised expectations the union and the top U.S. automaker were nearing an agreement.
Nokia to buy mobile advertising firm Enpocket
HELSINKI (Reuters) - Nokia said on Monday it is buying U.S. cellphone screen advertising firm Enpocket as the world's top handset maker pushes into a market which is seen ballooning in coming years.
Merrill Lynch's subprime unit cutting jobs
NEW YORK (Reuters) - Merrill Lynch & Co. Inc.'s $1.3 billion bet on subprime lending hit a sour note on Monday, when the world's largest brokerage confirmed job cuts at its First Franklin Financial Corp. unit.
AOL moving to New York, signs ad deal with HP
NEW YORK, Sept 17 (Reuters) - AOL, a unit of Time Warner Inc , said on Monday it will move its corporate headquarters to New York City from Dulles, Virginia, amid a realignment of its advertising business.
Oil eases toward $78 as Atlantic storm fades
LONDON (Reuters) - Oil extended a retreat from record highs on Monday, sliding towards $78 a barrel after tropical storm Ingrid faded in the Atlantic and as concerns about the global credit squeeze took centre stage.
D.Telekom to buy SunCom Wireless for $1.6 bln
FRANKFURT (Reuters) - Deutsche Telekom mobile phone division T-Mobile USA has agreed to buy SunCom Wireless Holdings Inc for about $1.6 billion, the companies said on Monday.
Forecasts slip for 3rd-qrtr earnings growth: poll
NEW YORK (Reuters) - Forecasts for third-quarter earnings growth among Standard & Poor's 500 companies fell slightly in the latest week, according to a weekly poll by Reuters Estimates.
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