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FINANCE
Today's Business Headlines
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Oracle hires former HP's Mark Hurd
September 7th, 2010, 2:17 am
NEW YORK (Reuters) - Silicon Valley technology giant Oracle Corp has hired Mark Hurd, the former chief executive of Hewlett-Packard Co who resigned amid a scandal, as president. Hurd, a close friend of Oracle CEO Larry Ellison will replace Charles Phillips, who has resigned, Oracle said in a ...
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The size of the business district area blocked off was reduced and bus services resumed, but schools remained closed and a state of emergency in the city of 350,000 people will remain until mid-Wednesday. Aftershocks, the strongest with a magnitude of 5.4, were still rocking the region as Prime ...
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These costs, which also include administrative costs, payments to plaintiffs and lawyer fees, account for 2.4 percent of annual U.S. healthcare spending, Michelle Mello of the Harvard School of Public Health and colleagues reported. So-called defensive medicine costs alone totaled an estimated ...
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MEXICO CITY (Reuters) - Tropical Storm Hermine slammed into northeastern Mexico near the Texas border on Monday, dumping heavy rain on a region still recovering from Hurricane Alex's visit in June. Hermine, the eighth named storm of the Atlantic hurricane season, was expected to weaken as it moved ...
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MILWAUKEE (Reuters) - President Barack Obama, scrambling to spur job creation, proposed a six-year plan on Monday to rebuild infrastructure with an initial $50 billion investment and prepared new business tax cuts. "We are going to rebuild 150,000 miles of our roads -- that's enough to circle ...
CHICAGO (Reuters) - Chemicals used to make non-stick coatings on cookware and to waterproof fabrics may raise levels of cholesterol in children, U.S. researchers said on Monday. Children in a study with the highest levels of these compounds in their blood had measurably higher levels of total ...
CHICAGO (Reuters) - The hallucinogen psilocybin -- known by the street name magic mushrooms -- may help ease the anxiety that often accompanies late-stage cancer, U.S. researchers said on Monday. Cancer patients given a moderate dose of psilocybin -- a hallucinogen with effects similar to LSD -- ...
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Spain can't trust ETA truce: minister
September 6th, 2010, 8:23 am
MADRID (Reuters) - Spain cannot trust Sunday's truce announcement by armed Basque separatist group ETA and will continue to pursue its members, Interior Minister Alfredo Perez Rubalcaba said on national television on Monday. The ceasefire announcement on Sunday could well be an attempt by ETA to ...
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The source said a final decision has not yet been made. Oracle was not immediately available for a comment. Hurd resigned on August 6, after a probe into sexual harassment allegations. HP said he filed inaccurate expense reports related to Jodie Fisher, a marketing contractor who worked for Hurd's ...
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MADRID (Reuters) - The Basque rebel group ETA called a halt to armed attacks on Sunday but the government said the declaration was not enough and urged the weakened organization to renounce violence once and for all. The group, which has killed more than 850 people in half a century of armed ...
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