GM rebuffed: The Bush administration reportedly has rejected the automaker's request for up to $10 billion to help it finance a potential...
GM rebuffed: The Bush administration reportedly has rejected the automaker’s request for up to $10 billion to help it finance a potential merger with Chrysler.
Mideast money: British Prime Minister Gordon Brown urged Persian Gulf nations Sunday to step up contributions to the International Monetary Fund as the global economic crisis goes on.
WaMu worker: A laid-off mortgage underwriter says her Washington Mutual superiors pressured her to approve loans, even those she believed would sour.
Q&A: Reggie Fils-Aime, president of Nintendo of America, has promoted his company’s products to mainstream consumers, expanding its marketing efforts in unlikely places. He talks about the appeal of the Wii console, the impact of the economic crisis and holiday prospects.
Most Read Business Stories
- Boeing made an entire fake neighborhood to hide its bombers from potential WWII airstrikes
- Seattle artists worry potential sale of historic INS building could spell the end for their studios
- Frontier cancels flight, citing maskless passengers
- Fired after organizing, Starbucks baristas turned down a payout and took their bosses to court
- 6 Dr. Seuss books won't be published for racist images
Interface: Bothell-based Dexterra develops software that coordinates interaction between portable devices and the enterprise.
Unclogging your PC: The System Mechanic helps revive that new PC feeling.
Still spending: Microsoft CEO Steve Ballmer said in South Korea today the company won’t reduce spending during this tough economic time. Microsoft plans to boost annual operating expenses by about $3 billion in its current fiscal year, though about $1 billion less than it forecast in July.
Across the pond: Budget airline Ryanair is drawing up plans for trans-Atlantic flights as cheap as 10 euros ($12.70) before taxes, CEO Michael O’Leary was quoted as saying in an interview published Sunday in Britain’s News of the World tabloid. The Irish airline would fly from Dublin and London to New York, Florida, Los Angeles, San Francisco and Boston, he said.
TiVo-Netflix alliance: Home entertainment trendsetters Netflix and TiVo are finally joining forces to deliver more movies and old TV episodes to their mutual subscribers, sealing a relationship that was to come together four years ago. Starting in December, the latest generation of TiVo’s digital video recorders will be able to beam selections from 12,000 movies and TV shows offered through Netflix’s streaming service.
MTV deal: MySpace and Auditude plan to announce a partnership today with MTV Networks that will let ads be placed in videos of the network’s shows that users can upload to MySpace.
Blu-ray price cuts: Electronics makers and retail chains are slashing prices of Blu-ray players to boost adoption of the high-definition movie format. Entry-level Blu-ray players have dropped from $400 to below $230 and analysts think they could fall below $150 for the holidays.
China aviation: Commercial Aircraft, the state-controlled plane maker, won an order for 25 ARJ21 planes from General Electric’s leasing unit, its first overseas deal. The 70-seater is a key part of China’s plans to develop its domestic aerospace industry and compete with Boeing and Airbus. The ARJ21 has so far won 208 orders. China intends to make a 150-seater plane by 2020
Compiled from The Associated Press, The Wall Street Journal, The New York Times and Bloomberg News