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FDIC Said to Withhold CIT Debt Guarantees Due to Risk (Update1)

Published July 10, 2009, 5:56 am, Bloomberg

July 10 (Bloomberg) -- The Federal Deposit Insurance Corp. is unwilling to guarantee CIT Group Inc. ’s bond sales because the commercial lender’s credit quality is worsening, according to people familiar with the regulator’s thinking.

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‘Piracy is sexy’ - Vivian Reding

Published July 10, 2009, 5:54 am, p2pnet.net

p2pnet news view | P2P | Politics:- Some 60% of 16- to 24-year-olds admit they’ve, “illegally downloaded says European commissioner for the information society and telecoms, Vivian Reding. Citing a European Commission survey, “Piracy is increasingly being seen as ’sexy’ among young ‘digital natives’,” she says, quoted by the IDG News Service. “Are there really enough attractive and [...]

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More denied access to legal aid

Published July 10, 2009, 5:51 am, Law Society Gazette

More people are being denied access to civil legal aid despite a huge increase in demand fuelled by the recession, Citizens Advice has warned. A report published today, No time to retire – legal aid at 60 , shows fewer people are qualifying for civil legal aid, and barriers such as patchy geographical provision, long waiting times and complex qualifying criteria are preventing eligible people ...

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Online is in line to sign you up

Published July 10, 2009, 5:51 am, Standard-Examiner

Fifteen years ago, residential Internet service in Utah was pretty much limited to dial-up. Fast-forward to today and options are everywhere, from wireless signals passing through the air to an ever-expanding network of underground cables.

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(AFX UK Focus) 2009-07-10 13:20 SCENARIOS-BOJ to mull extending funding measures beyond Sept

Published July 10, 2009, 5:51 am, Interactive Investor

By Hideyuki Sano

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Table of U.S. Goods, Services Trade Balance Data

Published July 10, 2009, 5:49 am, The Forex Market

MAY APR DEFICIT -25.96 -28.79 PREVIOUS REPORT -29.16 TOTAL IMPORTS 149.27 150.20 PERCENT CHANGE -0.6 -1.5 TOTAL EXPORTS 123.31 121.41 PERCENT CHANGE 1.6 -2.0 MERCHANDISE TRADE -36.00 -38.75 DEFICIT % CHANGE -7.1 2.7 (DOLLAR FIGURES IN BILLIONS, PERCENT CHANGES IN MONTHLY COLUMNS ARE FROM PREVIOUS MONTH.)

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Sprint: WiFi on BlackBerry Tour in 2010, WiFi now a requirement for PDA phones

Published July 10, 2009, 5:48 am, Mobile Burn

Fierce Wireless reports that Sprint Nextel will release a BlackBerry Tour with WiFi technology next year and is planning to implement the wireless technology in major devices moving forward.

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US Import Prices Jump On Oil; Easing Deflation Risk

Published July 10, 2009, 5:48 am, The Forex Market

WASHINGTON -(Dow Jones)- U.S. import prices jumped last month, matching their largest increase in nearly two decades, as soaring oil prices and a weaker U.S. dollar further lowered the odds of a protracted period of economy-wide price declines known as deflation.

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China exec probed for leaking price strategy to Rio

Published July 10, 2009, 5:48 am, The Star

CANBERRA/BEIJING (Reuters) - A Chinese steel executive detained along with four Rio Tinto employees is being investigated for leaking China's "bottom line" on iron ore prices, a source with knowledge of the probe said on Friday.

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Abacus claims dominant position

Published July 10, 2009, 5:47 am, eyefortravel.com

Abacus International says it continues to dominate the online travel bookings segment in the Asia Pacific region with an estimated market share of 70%.

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