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Japan May Allow Tax Breaks on Repatriated Profits (Update1)

Published December 4, 2008, 5:31 pm, Bloomberg

Dec. 5 (Bloomberg) -- Japan may introduce legislation that would waive taxes companies pay on profits returned from abroad, in an effort to help the economy emerge from a recession.

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Northwest facing transitional year

Published December 4, 2008, 5:31 pm, Grand Island Independent

Of the 31 wrestlers in the Northwest program 22 are either freshmen or sophomores. No doubt, it will be transitional year for Northwest, which lost eight seniors from last year's team and is expecting to open the season with five freshmen in the starting lineup.

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Microsoft Names New Chief for Internet Unit

Published December 4, 2008, 5:30 pm, New York Times

Microsoft named Qi Lu, a former Yahoo executive, to run its struggling Internet unit on Thursday.

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The best laid plans

Published December 4, 2008, 5:25 pm, Hastings Gazette

When Nathan Rees handed Kristina Keneally the planning portfolio after his shock elevation to Premier three months ago, the ambitious young minister might have wondered if she was being passed a poisoned chalice.

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Viacom Wields The Ax

Published December 4, 2008, 5:20 pm, Forbes

The media company says it will eliminate 850 positions and freeze salaries for management.

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Scomi's Mumbai monorail project in full swing

Published December 4, 2008, 5:16 pm, Business Times (Malaysia)

NEW DELHI: Scomi Engineering Bhd ( 7366 ), successful bidder of the RM1.85 billion Mumbai monorail project with its partner, Larsen & Toubro Ltd (L&T), said work has not been affected by the terror attack in Bombay.

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GM's Failed Saturn Brand Goes On The Block

Published December 4, 2008, 5:00 pm, CBS News

General Motors is trying to sell off its unsuccessful Saturn line. The brand, once thought to be the future of GM, has only weighed down the company with too many models and not enough sales.

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Crude Oil Steady Below $44, Near 47-Month Low, as Demand Drops

Published December 4, 2008, 4:56 pm, Bloomberg

Dec. 5 (Bloomberg) -- Crude oil was little changed below $44 a barrel, near the lowest price since January 2005, as gasoline futures dropped under $1 a gallon and the recession in the U.S., Europe and Japan cut fuel consumption.

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Microsoft taps EMC for data protection

Published December 4, 2008, 4:55 pm, Infomatics

Microsoft is planning to use EMC's software to help secure its enterprise offerings. The two companies have agreed to a deal in which the RSA Data Loss Prevention (DLP) software will be preinstalled or bundled with Microsoft's security offerings.

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Don Yee Named President of OptumHealth Vision Care

Published December 4, 2008, 4:55 pm, Finanzen.net

OptumHealth ...

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