Financial news on July 01, 2007

Business and Financial news
Activation Problems

An extensive discussion among iPhone users about the delays in activating the phone can be found at http://discussions.apple.com/message.jspa?messageID=4822237#4822237. Someone claiming to work for AT&T has an explanation at http://discussions.apple.com/messageview.jspa?messageID=4831826 UPDATE: It may not be as big a problem as would appear from the online complaints. Read more..

By DAMON DARLIN - The New York Times

Bell Canada Agrees to Record-Setting Buyout Deal

The bid from a pension fund and private equity firm would be among the largest leveraged buyouts ever. Read more..

By IAN AUSTEN - The New York Times

Carlyle Group in Talks to Acquire Virgin Media

The potential bid for Sir Richard Branson’s Virgin Media could be worth more than $20 billion. Read more..

By MICHAEL J. de la MERCED and JULIA WERDIGIER - The New York Times

Companies in U.S. Increase Testing of Chinese Goods

Widening recalls have forced big American companies to focus on potential hazards that were overlooked in the past. Read more..

By NELSON D. SCHWARTZ - The New York Times

Congressional Leaders Skeptical of South Korea Trade Deal

The Korean Free Trade Agreement calls for eliminating tariffs on 95 percent of consumer and industrial products traded between the United States and South Korea. Read more..

By CHOE SANG-HUN - The New York Times

Google Takes On Michael Moore

UPDATE: Google has responded again to the firestorm raised by this incident saying it shares the concerns Michael Moore raised in his movie. For a while this weekend, it looked like Google had chosen to insert itself in the middle of the national debate over healthcare and take on controversial filmmaker Michael Moore. In an […] Read more..

By MIGUEL HELFT - The New York Times

See what else happened on July 01, 2007