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Source Match Wholesale Industry News

Two killed in Iran gas pipeline blast: reports (AFP)

Two people were killed and 16 others injured by an explosion at a gas pipeline near Iran's northeastern city of Mashhad on Friday, local media reported.(AFP/Graphic)AFP - Two people were killed and 16 others injured by an explosion at a gas pipeline near Iran's northeastern city of Mashhad on Friday, local media reported.


Latest version of Android 'not designed' for tablets, report says (Ben Patterson)

Ben Patterson - We’ve already got a slew of Android-powered tablets poised to hit the market in the coming months, most notably the just-announced Samsung Tab. But a Google exec is saying that the current version of Android was never intended for tablets, and that could mean no Android Market access — at least in some cases.

Cost, 3-D glasses keep would-be 3-D TV buyers in 'wait and see' mode (Ben Patterson)

Ben Patterson - Consumers are still holding back on the latest 3-D TV sets, according to a new report, with more than half of those surveyed saying that having to wear 3-D glasses and the cost of the sets themselves are key factors preventing purchases.

Wall Street rises with energy, but techs lag (Reuters)

Traders work on the floor of the New York Stock Exchange, September 7, 2010. REUTERS/Brendan McDermidReuters - The Dow and S&P 500 gained modestly on Friday, led higher as energy shares were boosted by a jump in oil prices, but weak tech stocks and light volume capped gains.


July wholesale inventories jump 1.3 percent (Reuters)

London shares ended in positive territory Thursday on US jobs and home sales data after falling in early deals.(AFP/File/Carl de Souza)Reuters - Wholesale inventories surged the most in two years in July, adding to signs that economic growth in the third quarter of the year may prove a bit stronger than many forecasters had expected.


July wholesale inventories jump 1.3 percent

Wholesale inventories surged the most in two years in July, adding to signs that economic growth in the third quarter of the year may prove a bit stronger than many forecasters had expected.

Renault, Peugeot Citroen reimburse $2.5B to state (AP)

AP - Carmakers Renault and PSA Peugeot Citroen said Friday they are reimbursing ahead of schedule euro1 billion ($1.27 billion) each in loans that were part of the French state bailout of the auto industry.

Deutsche Bank set to lead likely Basel cash call charge (Reuters)

The headquarters of Deutsche Bank AG are pictured in Frankfurt July 23, 2010. REUTERS/Ralph OrlowskiReuters - Deutsche Bank is set to lead rivals raising billions of euros as new global capital rules to be unveiled this weekend bite, and showed it may be good to get the jump on the pack.


Android to challenge Nokia's Symbian by 2014: Gartner (AFP)

The Google Nexus One smartphone is seen on January 2010 in Washington, DC. Google's open-source Android will become the number two mobile operating system this year, leapfrogging BlackBerry and challenging market leader Nokia's Symbian by 2014, a research firm said Friday.(AFP/File/Paul J. Richards)AFP - Google's open-source Android will become the number two mobile operating system this year, leapfrogging BlackBerry and challenging market leader Nokia's Symbian by 2014, a research firm said Friday.


Earnings schedule for week of 9/13/2010 (AP)

AP - Major companies tentatively scheduled to report quarterly earnings next week:

Nokia dumps CEO, turns to Microsoft exec (AP)

Nokia's new Chief Executive, Stephen Elop, speaks during the press conference Friday, Sept. 10, 2010, in Espoo, Finland.  Nokia Corp,  said on Friday that Chief Executive Olli-Pekka Kallasvuo will be replaced by Head of Microsoft's Business Division Stephen Elop on September 21. (AP Photo/Lehtikuva, Antti Aimo-Koivisto ) ** FINLAND OUT  NO SALES **AP - Nokia Corp. is replacing CEO Olli-Pekka Kallasvuo with Microsoft executive Stephen Elop as the world's top maker of mobile phones aims to regain lost ground in the fiercely competitive smart phone market.


US wholesale inventories jump 1.3% in July

US wholesale inventories jump 1.3% in July

Google benefits from Apple’s rules change (Appolicious)

Appolicious - Apple has let down its guard a bit, loosening regulations around the app approval process.  This signifies a major move for Apple, as its top-down approach to controlling apps in the iTunes App Store has been a hot button topic for several months now.

Wholesale Inventories Rise Sharply In July

(RTTNews) - US wholesale inventories rose the most in two years in July, a sign that merchants expect consumer demand to pick up. Inventories rose 1.3% to $405.0 billion in July from the previous months upwardly revised levels, according to a report from the Commerce Department released Friday.

Regulators probe fund-of-funds firms in sweep (Reuters)

Reuters - Securities regulators are probing "fund-of-funds" firms that channel investors' money into hedge funds, looking at supervision of client assets and potential conflicts of interest, according to a person familiar with the matter.

T-Mobile Unleashes Second Google Phone (NewsFactor)

NewsFactor - It seems an eternity ago when T-Mobile launched the first Google phone. Now, the company has released the successor to the G1, appropriately named the G2 with Google -- and there is a world of difference between the first and second generation devices.

Nokia appoints Microsoft executive as new CEO (AFP)

Nokia's new Chief Executive, Stephen Elop speaks during a press conference in Espoo, Finland. The world's largest mobile phone maker Nokia on Friday named a new software-savvy chief executive from Microsoft to help it battle slumping profits and an eroding market share in the smartphone segment.(AFP/LEHTIKUVA/Markku Ulander)AFP - The world's largest mobile phone maker Nokia on Friday named a new software-savvy chief executive from Microsoft to help it battle slumping profits and an eroding market share in the smartphone segment.


Treasury's Barr to testify on Fannie and Freddie (Reuters)

Reuters - Michael Barr, assistant treasury secretary for financial institutions, and Edward DeMarco, acting director of the Federal Housing Finance Agency will testify on Capitol Hill next week on the future of Fannie Mae and Freddie Mac .

More time spent on Facebook than Google: comScore (AFP)

A woman checks her online Facebook account at an Internet cafe in Jakarta in 2009. US Web surfers spent more time on Facebook than on Google sites in August, the first time the social network has surpassed the Internet titan, online tracking firm comScore said Friday.(AFP/File/Adek Berry)AFP - US Web surfers spent more time on Facebook than on Google sites in August, the first time the social network has surpassed the Internet titan, online tracking firm comScore said Friday.


Greece pledges to overhaul loss-making state rail (AP)

Coast guards lock the gate of the harbor as riot police take positions during a protest  in Thessaloniki, Greece Friday Sept. 10, 2010. Unions are staging protests in Thessaloniki ahead of an annual weekend speech on the state of the economy by Prime Minister George Papandreou. Unions are angry at plans by Papandreou's Socialist government to sell-off and reform loss-making state enterprises and relax labor rules as part of an effort deal with Greece's acute debt crisis. (AP Photo/Dimitri Messinis)AP - The Greek government pledged Friday to radically overhaul loss-making state rail company OSE, as official data showed efforts to cut the country's bloated budget deficit remained on track, if slightly asthmatic.


Fiji government, opposition settle online censorship row (AFP)

Soldiers stand guard in Suva in 2006. Fiji's main opposition Labour Party said Friday it had resolved a stand-off with the nation's military government over whether it needed to submit online statements for vetting before publication.(AFP/File/William West)AFP - Fiji's main opposition Labour Party said Friday it had resolved a stand-off with the nation's military government over whether it needed to submit online statements for vetting before publication.


Wholesale Sales and Inventories Rose in July

Unfortunately, the new report indicates little need for job growth. Wholesale - Inventory - Business - Salesmanship - Marketing and Advertising

Capstead Mortgage shares fall on dividend cut (AP)

AP - Shares of Capstead Mortgage Corp. fell Friday after the real estate investment trust cut its dividend for the fifth straight quarter.

Apple releases slew of printer driver updates (Macworld.com)

Macworld.com - Apple has released over half a dozen printer and scanner driver updates for Mac OS X 10.6 Snow Leopard users. These updates are focused primarily on brands that cater to business and enterprise users.

Wholesale inventories edge higher

WASHINGTON, Sept. 10 (UPI) -- U.S. wholesale inventories rose 1.3 percent in July above an upwardly revised climb in June, the Commerce Department said Friday. United States - United States Department of Commerce - Conferences - Computer Science - Business

Wholesale Inventories Rise 1.3 Percent in July

Wholesale inventories increase in July by largest amount in 2 years while sales post rebound Business - Government - Wholesale Trade - United States - Conferences

Nokia brings in Microsoft exec to replace CEO (Reuters)

A girl tests out the new Nokia N8 mobile phone at the Nokia Flagship store in Helsinki September 10, 2010. REUTERS/Markku Ulander/LehtikuvaReuters - Nokia has hired Stephen Elop, a Canadian Microsoft executive with Silicon Valley credentials, to replace its embattled chief executive and renew its drive to compete with Apple.


Wholesale inventories increase in July by largest amount in 2 years while sales...

Wholesale inventories increase in July by largest amount in 2 years while sales post rebound.

Sep 10: Wholesale Inventories Rise

Wholesale Inventories up 1.3%

Android Might Be Top Mobile OS Globally By 2014 [REPORT] (Mashable)

Mashable - Gartner has released a report predicting that by 2014, Android will be second only to Symbian in mobile operating system marketshare worldwide, with the two platforms accounting for nearly 60 percent of the mobile OS market within the next four years.

Xbox 360 Powers Ahead, but Sun Setting on Wii? (PC World)

PC World - August 2010 video game sales slumped an unsettling 10 points, a decline led by a softening handheld market and a drop off in demand for Nintendo products. Both Microsoft and Sony managed gains in year-on-year console unit sales, though the Xbox 360 led the PlayStation 3 by over 100,000 units.

US widens probe of HP bribery allegations (AP)

AP - U.S. investigators have widened their probe of alleged kickbacks paid to Russian authorities by employees of a Hewlett-Packard Co. subsidiary in Germany.

Sep 10: Wholesale Inventories

Wholesale Inventories today at 10:00 AM EST

"Here You Have" Virus Demonstrates Need to Improve Malware Security (PC World)

PC World - A worm known affectionately as "Here You Have" based on the subject line of the infected e-mail used to propagate it has quickly spread into a global malware attack. The efficacy of the simple, and poorly worded e-mail luring users to click on a malicious link demonstrates why we need a whole new approach to malware defense.

Admissions Q&A: Brigham Young (BusinessWeek)

BusinessWeek - Brigham Young University's Marriott School of Management (Marriott Full-Time MBA Profile) offers students more than a rigorous business education. Students at the school, owned by the Church of Jesus Christ of Latter-day Saints, are required to abide by a strict honor code, based on the tenets of the Mormon religion. The code includes rules against academic dishonesty and requires students to "live a chaste and virtuous life." It also prohibits drugs, alcohol, and coffee -- even at home. ...

Google Instant Is Cool, But Check Out YouTube Instant (Mashable)

Mashable - You've heard of Google Instant, well, how about YouTube Instant? Yes, this is a novelty toy built by a college student (Feross Aboukhadijeh of Stanford University), but it's a pretty fun way to pass a lazy Friday morning.

Trichet: phasing out crisis measures to take time (AP)

AP - It may take a while yet to phase out the special credit support that was given to banks in the wake of the financial crisis, the European Central Bank's president has said.

China's imports leap, cutting trade surplus (Reuters)

Reuters - China's imports leapt in August, boding well for a strengthening of domestic demand in an economy that has become a major driver of global growth.

EBay wins a round in court against Craigslist (AP)

AP - In a skirmish between two Internet heavy hitters with a tangled relationship, eBay Inc. has convinced a court that it was wronged by antitakeover moves adopted by Craigslist after eBay started encroaching on its online classifieds turf in the U.S.

Hurd's Oracle gig: Is Ellison perk or problem? (AP)

FILE - In this Sept, 24, 2008 file photo, Oracle CEO Larry Ellison, right, and (then) Hewlett Packard CEO Mark Hurd, on screen, smile during the Oracle Open World conference in San Francisco. As co-president at Oracle Corp., ousted Hewlett-Packard Co. CEO Mark Hurd will have to adapt to a new role playing second fiddle to one of Silicon Valley's most domineering bosses — Larry Ellison. (AP Photo/Paul Sakuma, file)AP - As co-president at Oracle Corp., ousted Hewlett-Packard Co. CEO Mark Hurd will have to adapt to a new role playing second fiddle to one of Silicon Valley's most domineering bosses — Larry Ellison.


Shoe seller DSW's operator says 2Q profit jumps (AP)

AP - Retail Ventures Inc., which operates the DSW shoe store chain, posted a 67 percent jump in second-quarter net income as a key revenue figure improved.

Analysis: Obama has tenuous grip on Democrats over taxes (Reuters)

President Barack Obama attends Milwaukee Laborfest event in Wisconsin to celebrate Labor Day September 6, 2010. REUTERS/Larry DowningReuters - Democrats in Congress are distancing themselves from President Barack Obama's push to let taxes rise for the wealthiest Americans, fearing it will further harm them in November's mid-term elections.


Fact or Fiction? Top 8 Linux Myths Debunked (PC World)

PC World - If the idea of using Linux in your business is one that makes you nervous, chances are you've fallen prey to one or more of the many myths out there that are frequently disseminated by competing vendors such as Microsoft. After all, each Linux user means one less sale for such companies, so they have a powerful motivation to spread such FUD.

Wholesale Costume Club Launches Their Halloween Costume Fundraising Program

Wholesale Costume Club, the only wholesale club offering costumes at the lowest prices with no minimum order requirements, is pleased to announce their innovative Halloween Costume Fundraising Program.

Flash crash cause still a mystery (Investor's Business Daily)

Investor's Business Daily - The SEC, which is probing the stock market "flash crash" on May 6, still hasn't identified a single cause, but a trade practice known as "stub quotes" and other issues contributed to the market's dramatic drop, sources said. Stub quotes are orders placed by market makers that are well off the market prices for stocks. The SEC wants to ban stub quotes.
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