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Yahoo! News: Business
-----------------------------------
as of Sat, 25 Feb 2006 05:31:30 GMT
Yahoo! News
Reuters - A U.S. judge on Friday stopped short of ordering the shutdown
of millions of BlackBerry devices but made blunt observations about the
case that could nudge manufacturer Research In Motion Ltd. and patent
holder NTP Inc. toward settlement.
Yahoo! News
Reuters - Oil jumped more than $2 on Friday after news of a suicide bomb
attack at the huge Abqaiq oil facility in Saudi Arabia, which triggered
worries about supply from the world's top crude producer.
Yahoo! News
Reuters - Stocks closed higher on Friday, reversing a three-day losing
streak, as commodity prices jumped after an attack on a Saudi Arabian
oil facility, and Research In Motion powered tech issues higher.
Yahoo! News
Reuters - Oregon on Friday approved the sale of utility PacifiCorp to
MidAmerican Energy Holding Co. for $9.4 billion (5.4 billion pounds),
becoming the last of six states that need to approve the sale, the
Oregon Public Utility Commission said.
Yahoo! News
Reuters - European steelmaker Arcelor will succeed in fighting off
Mittal Steel's $23-billion hostile takeover bid and will be able to
hold on to its recent acquisition of Canada's Dofasco Inc. , Arcelor's
deputy chief executive said on Friday.
Yahoo! News
AP - Orders to U.S. factories for big-ticket manufactured goods fell by
the largest amount in 5 1/2 years in January as demand for commercial
aircraft suffered the biggest setback in seven years, the government
reported Friday.
Yahoo! News
Reuters - Stocks closed higher on Friday, reversing a three-day losing
streak, as commodity prices jumped after an attack on a Saudi Arabian
oil facility, and Research In Motion powered tech issues higher.
Yahoo! News
Reuters - A major transition is underway in the U.S. mortgage lending
industry, with consolidations and lay-offs at the forefront as
companies try to deal with waning demand for home loans.
Yahoo! News
AP - Gap Inc. shares fell 3.5 percent Friday after the retailer reported
lower earnings and sales for the fourth quarter and offered a
discouraging forecast for this year.
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