Financial news on August 11th, 2007
Business and Financial news
Julia A. Stewart, chairwoman and C.E.O. of the IHOP Corporation, discusses her company, Applebee’s and franchising. Read more..
How difficult is it to become an Internet millionaire? With a good idea, not very, says Guy Kawasaki. But the result may not achieve greatness. Read more..
The problems in the U.S. with the subprime market are raising questions in Europe about whether regulations there force firms to disclose enough about exposure to high-risk assets. Read more..
The nation’s largest buyer of home loans was blocked Friday by federal regulators from expanding its mortgage holdings. Read more..
Heinz C. Schimmelbusch was abruptly ousted as the chief executive of Metallgesellschaft, the German metalworking conglomerate, in 1993. Now, after a decade in the U.S., he is back with a new company. Read more..
After buying the video-sharing site YouTube nine months ago for $1.65 billion, Google plans to stop selling television shows on its homegrown video site. Read more..
Despite the gyrations of the market over the past few weeks, the last 25 years have have seen a remarkable bull market. Read more..
A federal judge ruled that Novell, not the SCO Group, is the rightful owner of the copyrights covering the Unix operating system, removing a cloud over open-source software. Read more..
Broadcom was tentatively awarded $39.3 million in damages and legal fees on Friday in a patent dispute with a rival chip maker, Qualcomm. Read more..
Fueled by high prices, farmers planted the most acres of corn since 1944, which is expected to result in a harvest nearly a quarter bigger than last year’s. Read more..