Markets in Turmoil by Lehman Failure and Merrill Sale
On a black Sunday for Wall Street, frantic attempts to find a rescuer for Lehman Brothers failed, and troubled insurer American International Group (AIG) asked the Fed for a lifeline, according to news...
View ArticleAIG Tumbles, Worsening Financial Carnage
AIG stock is tumbling. The cost of borrowing between banks surged as financing troubles piled up for AIG and the markets faced further fallout from the failure of investment bank Lehman Brothers. The...
View ArticleFirst Google Android phone to cost $199
The Google Dream phone, which features a slide-out keypad, is being manufactured by Taiwan's HTC Corp and will be sold by T-Mobile, which plans to unveil the device at an event in New York on September...
View ArticleInvestment Banks Convert as Bailout Debate Begins
The Fed's agreement to convert the once high-flying investment banks into more conventional depositary institutions was Washington's latest effort to restore calm to chaotic markets. It followed...
View ArticleFlying High With Social Networking
American Express Business Travel has built an industrywide community where anyone in the travel industry can exchange information and interact with others in the value chain.
View ArticleManaging Global IT: Priceless
Managing one of the largest IT operations in the world, MasterCard’s Rob Reeg must deal with a variety of technologies and issues, including virtualization, server consolidation, storage, mobility,...
View ArticleWal-Marts Scott Retiring as CEO, Duke to Succeed
The surprise announcement by Wal-Mart, the world's largest retailer, lands one week before the crucial Thanksgiving holiday shopping weekend. This comes as Wal-Mart builds on its strength as a discount...
View ArticlePOS System Pay Off
Point of sale systems can cut operating costs, integrate accounting systems, track inventory and improve supply chain efficiency. Well-engineered POS equipment can improve customer transaction times,...
View ArticleWhere IT Spending is Going in 2009
A new report by Gartner, titled Dataquest Alert: Utilities, Healthcare and Government Lead IT Spending Growth in Challenging 2009, details where IT spending is headed. Gartner analysts expect overall...
View ArticleOnline Retail Getting Stronger
Seeking a double-digit growth market? Who isn't? Online retail sales is the place to be, according to Forrester Research Inc. Here's what to expect in the U.S. and European Union over the next five years.
View ArticleLinux Smartphones Will Outperform All Others Reports ABI
Linux-based smartphones, such as those running Google's Android, will outstrip the growth of the rest of the market and account for more than a third of worldwide market share by 2015, ABI is...
View ArticleRetailers Sold on IT
Retail and distribution companies once viewed IT as a way to improve supply chain management and store operations. These days, they use technology solutions to manage relationships with customers,...
View ArticleSteve Jobs, IT Legend, Dies at 56
Apple's co-founder, who had been in failing health since being diagnosed with cancer eight years ago, stepped down as CEO on Aug. 24.
View ArticleRetail Catches Up to IT
The purchase experience at retail stores is set for some big, customer-pleasing changes.
View ArticleTechnology Rings Up Revenue for Retailers
Information technology is driving massive changes in retailing. Successful businesses are embracing everything from back-end analytics and social media to mobile POS systems.
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