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Google Raises \$1.67 Bln in Cut-Price IPO NEW YORK/SAN FRANCISCO (Reuters) - Google Inc., the most popular Internet search engine, raised \$1.67 billion on Wednesday in its long-awaited IPO after slashing the price and size of an offer beset by missteps and poor market conditions.
2
Business
Yen Keeps Gains, Capped by Murky Outlook TOKYO (Reuters) - The yen kept most gains against the dollar on Thursday after rallying to a four-week peak, but investors saw no reason to push it higher due to growing uncertainty about the outlook for the Japanese economy.
2
Business
Defense Says Dotson Incompetent for Trial (AP) AP - Psychological testing shows that the former Baylor University basketball player accused of gunning down one of his teammates is not competent to stand trial, his attorneys said Wednesday.
1
Sports
Crew Edges Wizards Kyle Martino's goal two minutes into injury time gives Columbus a narrow 2-1 victory over Kansas City on Wednesday night.
1
Sports
Saulnier Looking Strong Cyril Saulnier's 6-3, 7-6 victory over Gilles Elseneer on Wednesday continues a recent trend of superb play for the 29-year-old Frenchman.
1
Sports
Stocks Flat, J J-Guidant Deal Drags Dow NEW YORK (Reuters) - U.S. stocks were little changed on Tuesday, with lower oil prices helping support markets, but Johnson Johnson <A HREF="http://www.investor.reuters.com/FullQuote.aspx?ticker=JNJ.N target=/stocks/quickinfo/fullquote">JNJ.N</A> dragged on the Dow following a report of a possible \$24 billion takeover of cardiovascular device maker Guidant Corp. <A HREF="http://www.investor.reuters.com/FullQuote.aspx?ticker=GDT.N target=/stocks/quickinfo/fullquote">GDT.N</A>.
2
Business
Broadband goes broader Early Internet entrepreneurs envisioned a day when consumers would devour short bites of entertainment on their computer screens delivered over the Internet by fat broadband pipes. When the companies failed, executives blamed it on ...
3
Sci/Tech
Compuware Seeks #39;Severe #39; Sanctions in Suit vs. IBM Compuware is seeking reimbursement for its quot;substantial quot; efforts related to IBM #39;s failure to produce the software code, which it wants excluded as evidence from the trial. For its part, IBM remains confident Compuware #39;s latest motion will ...
3
Sci/Tech
Olympic Games The first Olympic Games were dedicated to the Olympian gods and were staged on the ancient plains of Olympia, famous for its magnificent temples of the gods Zeus and Hera. Take the Rediff Business Quiz and find out what role the corporates play in the ...
1
Sports
Terror suspects go to court LONDON - Eight suspects, including a man the United States calls a senior al-Qaida figure, appeared in court under heavy guard yesterday as police investigated their alleged terrorism plots.
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World
S.Korea #39;s Ruling Party Head Resigns on Father #39;s Past SEOUL (Reuters) - The chairman of South Korea #39;s ruling Uri Party resigned on Thursday after saying his father had served as a military police officer during Japan #39;s 1910-1945 colonial rule on the peninsula.
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World
Holiday-Shopping Season Remains Sluggish NEW YORK (Reuters) - U.S. shoppers have kept a tight grip on their wallets this holiday season with indices on Tuesday showing sluggish sales in the second week of the season.
2
Business
AL Wrap: Santana Solid on Mound as Twins Beat Yankees NEW YORK (Reuters) - Johan Santana pitched seven strong innings to win his fifth straight start and Shannon Stewart homered, had three hits and two RBI to lead the Minnesota Twins to a 7-2 home win over the New York Yankees.
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Sports
Yankees Glimpse October, and It's Not Pretty On a night when Johan Santana was superb for the Twins, Mike Mussina was inconsistent in his first start since July 6.
1
Sports
Preview: day six Day six of the Olympics will see Great Britain's Nathan Robertson and Gail Emms go for gold in badminton.
1
Sports
Toppled Power Lines Are Posing a Herculean Task in Florida Five days after Hurricane Charley struck Florida, more than 400,000 customers still lack electricity.
0
World
Letters show Mandela as man of beneficence (Chicago Tribune) Chicago Tribune - In the 1980s, while in jail on Robben Island, Nelson Mandela wrote a letter to the wife of one of his prison guards. In it, he said he respected her husband, Christo Brand, as a man of integrity. But he was concerned that Brand, an Afrikaner, didn't understand the value of education.
0
World
Regulators to Widen Mutual Fund Probe WASHINGTON (Reuters) - Misconduct in the U.S. mutual fund industry is not limited to fund share trading; it's not even limited to funds, say market regulators.
2
Business
Fiat's Trucks Unit Signs Deal With SAIC (AP) AP - Fiat SpA said Tuesday that its Iveco SpA trucks unit has agreed to develop a long-term partnership with Shanghai Automotive Industry Corp., one of the largest Chinese automakers, for building trucks and other industrial vehicles.
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World
Italy joins Greece in EU dock over dodgy data (AFP) AFP - Following embarrassing revelations over Greece's budget data, the European Union expressed alarm at the reliability of Italy's own deficit figures and called for urgent clarification.
2
Business
Proud Italy awaits La Scala opening with bated breath (AFP) AFP - Italy's cultural cognoscenti were waiting with bated breath for the reopening of the La Scala opera house, restored to its former glory after a sumptuous 61 million euro (81 million dollar) makeover.
0
World
HHS Buys 'Experimental' Glaxo Flu Vaccine (Reuters) Reuters - U.S. health officials on Tuesday\approved the importation of up to 4 million doses of influenza\vaccine made by GlaxoSmithKline , bringing the\U.S. total to 65 million vaccines for this flu season.
2
Business
Gateway Says More PCs Available at Office Depot (Reuters) Reuters - Gateway Inc. (GTW.N) said on\Wednesday its personal computers would be widely available at\Office Depot. (ODP.N) in the latest move by the PC maker to\broaden distribution at retail stores since acquiring rival\eMachines this year.
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Sci/Tech
Gateway Says More PCs Available at Office Depot SAN FRANCISCO (Reuters) - Gateway Inc. <A HREF="http://www.reuters.co.uk/financeQuoteLookup.jhtml?ticker=GTW.N qtype=sym infotype=info qcat=news">GTW.N</A> said on Wednesday its personal computers would be widely available at Office Depot. <A HREF="http://www.reuters.co.uk/financeQuoteLookup.jhtml?ticker=ODP.N qtype=sym infotype=info qcat=news">ODP.N</A> in the latest move by the PC maker to broaden distribution at retail stores since acquiring rival eMachines this year.
3
Sci/Tech
NL Wrap: Bonds Homers Again as Giants Rout Expos (Reuters) Reuters - Barry Bonds hit his third home\run in two days to help the San Francisco Giants earn a split\of their doubleheader with a 14-4 win over the Montreal Expos\on Wednesday.
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Sports
NL Wrap: Bonds Homers Again as Giants Rout Expos SAN FRANCISCO (Reuters) - Barry Bonds hit his third home run in two days to help the San Francisco Giants earn a split of their doubleheader with a 14-4 win over the Montreal Expos on Wednesday.
1
Sports
Singapore ban after bird flu case Singapore blocks imports of poultry and eggs from Malaysia, after an outbreak of potentially deadly bird flu.
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World
HHS Buys 'Experimental' Glaxo Flu Vaccine WASHINGTON (Reuters) - U.S. health officials on Tuesday approved the importation of up to 4 million doses of influenza vaccine made by GlaxoSmithKline <A HREF="http://www.investor.reuters.com/FullQuote.aspx?ticker=GSK.L target=/stocks/quickinfo/fullquote">GSK.L</A> <A HREF="http://www.investor.reuters.com/FullQuote.aspx?ticker=GSK.N target=/stocks/quickinfo/fullquote">GSK.N</A>, bringing the U.S. total to 65 million vaccines for this flu season.
2
Business
Billie Jean King Retires as U.S. Fed Cup Coach NEW YORK (Reuters) - Billie Jean King cut her final tie with the U.S. Fed Cup team Tuesday when she retired as coach.
1
Sports
Hamas Militants Kill Israeli Soldier Hamas militants killed an Israeli soldier and wounded four with an explosion in a booby-trapped chicken coop Tuesday, in what the Islamic group said was a scheme
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World
Delta Plans Job Cuts, Eyes Restructure CHICAGO (Reuters) - Delta Air Lines Inc., the number three U.S. carrier, plans more job cuts as it struggles to avoid bankruptcy, Chief Executive Gerald Grinstein said in a memo to employees on Wednesday.
2
Business
Google Raises \$1.67 Bln in Cut-Price IPO NEW YORK/SAN FRANCISCO (Reuters) - Google Inc., the most popular Internet search engine, raised \$1.67 billion on Wednesday in its long-awaited IPO after slashing the price and size of an offer beset by missteps and ...
2
Business
Air Canada #39;s creditors approve plan READY TO FLY: The airline plans to emerge from court shelter on Sept. 30 -- if the justices overseeing its restructuring gives the OK at a hearing set for Monday ...
2
Business
Phelps won #39;t top Spitz, but he is putting on the hits ATHENS, Greece If Mark Spitz had never lived, Michael Phelps would have done well to create him as a fictional character.
1
Sports
Leisure amp; Arts One thing that the Olympics have always provided is that hardy perennial known as the quot;feel-good story. quot; The sort of story in which, against all odds--and with undeniable drama--the farm boy from Iowa who grew up with rickets in one leg ...
1
Sports
Roger Clemens injures leg during Astros #39; 9-8 win over Phillies PHILADELPHIA (AP) - Roger Clemens helped himself at the plate, hurt his leg running the bases and spent the rest of the night watching his teammates pull out an important win.
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Sports
Maoist rebels cut off Kathmandu Maoist rebels yesterday cut off routes into the Nepalese capital Kathmandu in their first blockade of the city since they launched their insurgency to overthrow the constitutional monarchy eight years ago.
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World
Schroder adopts Russian orphan Three-year-old Victoria, from St Petersburg, has been living at the Schroders #39; family home in Hanover in northern Germany for several weeks.
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World
Keep talking, Downer urges N Korea Australia #39;s foreign minister pressed leaders in North Korea yesterday to remain involved in six-nation talks on its nuclear program, amid concerns that the Pyongyang administration might pull out of preparatory meetings for the next round of negotiations.
0
World
Prince Charles Helps Boscastle Count the Cost Residents of Boscastle are counting the cost today of the damage estimated at millions of pounds caused by a freak downpour.
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World
China Says Taiwan President's U.S. Stop 'A Trick' BEIJING (Reuters) - China urged the United States on Thursday not to allow Taiwan President Chen Shui-bian to set foot on U.S. soil, describing his stopovers en route to Latin America as a trick to sabotage Sino-U.S. relations.
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World
Day Six preview Day six of the Olympics will see Great Britain's Nathan Robertson and Gail Emms go for gold in badminton.
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World
Records Contradict Kerry Critic's Charges -Report (Reuters) Reuters - Military records contradict a\critic's charge that U.S. Democratic presidential hopeful John\Kerry did not come under fire during the battle that resulted\in military honors for Kerry, The Washington Post reported on\Thursday.
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World
The SEC Could Still Slap Google Google has received the green light for its initial stock offering -- but not without ruffling a few feathers at the Securities amp; Exchange Commission, which oversees share offerings. The SEC #39;s job is to make sure that companies disclose all the ...
2
Business
Oil Prices Rise to High As Demand Continues The price of oil hit another high yesterday, closing above \$47 a barrel as traders reacted to continuing concerns about supply disruptions from terrorism and instability in oil-producing countries.
2
Business
Nortel Discloses Canadian Criminal Probe Toronto (Aug. 19, 2004) -- Telecommunications equipment giant Nortel Networks Corp. announced this week that its past accounting practices, which are the subject of a criminal probe in the United States, are under scrutiny by Canadian authorities.
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Business
Giving Investors a Say Like cicadas, debates about corporate governance pop up periodically with a great deal of whir and buzz. In 1992, for example, the business community protested Securities and Exchange Commission Chairman Richard C. Breeden #39;s push for ...
2
Business
Demand Helps CACI Profit Increase 56 CACI International Inc. said increased demand for its homeland security and intelligence services helped boost fourth-quarter profit by 56 percent over the same period a year earlier.
2
Business
Computer Q amp;A: Tips on installing Windows XP SP2 It seems that Microsoft #39;s new upgrade to Windows is making some people nervous. That #39;s not surprising, as home and office computing environments are just not as friendly as they used to be due to viruses and spyware. Even the software we ...
3
Sci/Tech
Wireless Phones shipped to Pakistan TIRVINE (Calif. US): Hop-on Wireless Inc. said it has shipped an initial order of its tri-band (900/1800/1900 MHz) HOP1806 GSM handsets to a distributor in Karachi, Pakistan.
3
Sci/Tech
AL Wrap: Santana Solid on Mound as Twins Beat Yankees NEW YORK (Reuters) - Johan Santana pitched seven strong innings to win his fifth straight start and Shannon Stewart homered, had three hits and two RBI to lead the Minnesota Twins to a 7-2 home win over the New York Yankees.
1
Sports
NKorea quot;negative quot; over US offer on nuclear weapons: Australia HONG KONG : North Korea shows no sign of accepting US incentives to give up its nuclear weapons programmes, Australian Foreign Minister Alexander Downer said.
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World
At least four Georgian soldiers killed in separatist region clashes (AFP) AFP - At least four Georgian soldiers were killed and five wounded in overnight clashes in Georgia's separatist, pro-Russian region of South Ossetia, Georgian officers near the frontline with Ossetian forces said early Thursday.
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World
Paes and Bhupathi beam in on Olympic glory (AFP) AFP - Indian pair Leander Paes and Mahesh Bhupathi took another step nearer an elusive Olympic gold medal when they beat Zimbabwe's Wayne Black and Kevin Ullyett 6-4, 6-4 to reach the men's doubles semi-finals at the Olympic tennis tournament.
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World
Nestle #39;s profit hits \$3.1bn NESTLE SA, the world #39;s biggest food and drink company, posted a modest 2 per cent increase in profits for the first half of the year as it faced such challenges as higher prices for raw materials like milk and coffee as well as cooler temperatures, which ...
2
Business
California sues Mirant, alleges energy scheme California sued Mirant Corp., a bankrupt US power producer, accusing it of rigging electricity markets during the 2000-2001 energy crisis that led to rolling blackouts and a tenfold increase in consumer energy prices.
2
Business
Spirit finds more evidence of water LOS ANGELES (AP) The twin Mars rovers have found a wonderland of weird rocks and enticing dunes along with more evidence the Red Planet once had water, NASA scientists said Wednesday.
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Sci/Tech
Michael Phelps Seeks Fourth Swimming Gold Medal at Athens Games Aug. 19 (Bloomberg) -- Swimmer Michael Phelps seeks his fourth gold medal of the Athens Olympics in tonight #39;s 200-meter individual medley, while female gymnasts compete for the all- around title.
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Sports
The fields of the gods OLYMPIA, Greece The competition was history. The time had come for everyone to leave, to follow the sun toward that narrow path lined with olive trees out of the stadium, a trek that would take athletes and spectators alike not to a ...
1
Sports
Record-breaking night ATHENS, Greece -- The world record was like graffiti on a masterpiece, a reminder of a sport #39;s dark past.
1
Sports
Sharon #39;s Gaza plan hinges on vote Israeli Prime Minister Ariel Sharon has lost a key vote which would have seen the dovish Labour Party join the government coalition and salvage his Gaza disengagement plan.
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World
Eight terror suspects appear in UK court Eight suspects, including a man identified in the United States as a senior al-Qaeda figure, appeared in court under heavy guard, as police investigated an alleged plot to commit murder and to cause mayhem with chemicals, radioactive materials, toxic ...
0
World
China Says Taiwan President #39;s US Stop #39;A Trick #39; BEIJING (Reuters) - China urged the United States on Thursday not to allow Taiwan President Chen Shui-bian to set foot on US soil, describing his stopovers en route to Latin America as a trick to sabotage Sino-US relations.
0
World
Google Lowers Its Sights as Demand Proves Weak Google's final share price was \$85, far off the target range of \$108 to \$135 a share that the company projected last month.
2
Business
Aziz Wins Pakistan Polls, Paving Way to Be PM (Reuters) Reuters - Pakistani Finance Minister Shaukat\Aziz easily won a seat in parliament, clearing the way for him\to take over as prime minister next week, officials said on\Thursday.
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World
Aziz Wins Pakistan Polls, Paving Way to Be PM ISLAMABAD (Reuters) - Pakistani Finance Minister Shaukat Aziz easily won a seat in parliament, clearing the way for him to take over as prime minister next week, officials said on Thursday.
0
World
Despite itself, Google good for stocks SAN FRANCISCO (CBS.MW) -- Forget the fact that the new definition of the verb quot;to google quot; is: to blow an otherwise foolproof deal; or to miscalculate with extreme hubris.
2
Business
Airlines agree to limit O #39;Hare arrivals SAN FRANCISCO (CBS.MW) -- Major North American airlines agreed to a voluntary limit of 88 arrivals per hour for flights serving Chicago #39;s O #39;Hare International Airport during peak traffic periods, the Transportation Department said ...
2
Business
Freddie Mac Receives Notice That It May Face Action by SEC Freddie Mac, the government-chartered mortgage company that restated earnings by \$5 billion, said yesterday that it might be the subject of a civil lawsuit by the Securities and Exchange Commission.
2
Business
Halliburton closes higher on Army #39;s decision to pay DALLAS (CBS.MW) -- Halliburton #39;s shares closed higher Wednesday after the Army Materiel Command reversed its decision to withhold 15 percent of its future payments to the company under a contract to supply and support US troops in Iraq.
2
Business
Delta shares jump on pilot equity talk SAN FRANCISCO (CBS.MW) -- Delta Air Lines shares rose sharply Wednesday ahead of a Thursday meeting at which the carrier is expected to offer its pilots a stake in the struggling company.
2
Business
More Management Changes at Credit Suisse Credit Suisse First Boston, the securities unit of the Credit Suisse Group of Zurich, replaced Adebayo O. Ogunlesi as head of investment banking with its president, Brian D. Finn, eight weeks after Brady W. Dougan was named chief executive.
2
Business
Profit at Talbots Up 4.8 for 2nd Quarter Talbots, the clothing retailer, said yesterday that second-quarter profit rose 4.8 percent as sales increased and the company benefited from the resolution of an income tax issue.
2
Business
Withdrawal for Greek sprinters ATHENS -- Two of Greece #39;s most famous athletes and their coach made their first public appearance here yesterday only to withdraw from the Olympic Games rather than face a panel charged with looking into a ...
1
Sports
Silver lining melts foul mood OLYMPIA, Greece -- US shot-putter Adam Nelson stood outside the throwing circle, his hands on the back of his head, his hopes just dashed by a foul on a throw that would have won the gold medal.
1
Sports
High and mighty ATHENS -- He was dead and buried 6 feet under the landing mat, and he knew it. quot;That #39;s it, I #39;m done, quot; Paul Hamm told himself last night, after he #39;d tumbled from first to 12th with a slip of a foot on the ...
1
Sports
Ching saves best for last KINGSTON, Jamaica -- Without one World Cup qualifier under his belt and only a pair of appearances for the US National Team to speak of, there stood Brian Ching at midfield waiting to enter the match with his team down 1-0 to Jamaica.
1
Sports
US marines in tense Najaf standoff NAJAF, Iraq (Reuters) - US marines and a radical Iraqi cleric are locked in a tense standoff after the firebrand leader refused to leave a holy shrine in Najaf despite earlier agreeing to disarm his militia and withdraw.
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World
Burundi inching closer to ending long civil war BUJUMBURA, Burundi Tiny Burundi has seen more than a decade of war, but events in the past few months suggest that it is closer than ever to wrapping up one of Africa #39;s most persistent civil conflicts.
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World
Little progress in N Korea talks: Downer North Korea was reluctant to accept a United States plan to give up its nuclear program but would probably attend the next round of talks on the impasse, Foreign Minister Alexander Downer said after a brief visit to Pyongyang.
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World
Western leaders waiting for African solutions to African wars JOHANNESBURG, South Africa, Aug 19, 2004 (AP) -- As the month-end deadline nears for Sudan to disarm the Janjaweed militias in Darfur, the United Nations and Western powers debate how far to go to stop the killing ...
0
World
Sharon's Party Votes to Exclude Labor (AP) AP - Prime Minister Ariel Sharon's own party handed him a stinging rebuke, banning him from adding the moderate Labor Party to his government to bolster a Gaza pullout plan #151; a move that endangered the proposed withdrawal.
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World
Tokyo Stocks Rise 1 Percent, Techs Lead TOKYO (Reuters) - Tokyo's Nikkei average appeared headed for its third straight day of gains on Thursday and was up one percent by late afternoon as tech issues such as Shin-Etsu Chemical were lifted by a rally in New York.
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Business
Google's share price set at 85 dollars (AFP) AFP - Google's share price has been set at 85 dollars in its initial public offering, a company spokeswoman said.
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Sci/Tech
Google Sells Shares in IPO for \$85 After Cutting Price of Stock Aug. 19 (Bloomberg) -- Google Inc., the most-used Internet search engine, sold shares at \$85 each in its initial public offering, the bottom of the range the company had suggested the stock would fetch in the biggest auction-style IPO.
2
Business
BHP Billiton to award shareholders Announcing record profit and revenue for the past year yesterday, global resources group BHP Billiton says it has decided to award a \$2bn bonanza to its shareholders.
2
Business
Army wants Halliburton data on possible effect of withholding WASHINGTON - The US Army wants to know how a threatened plan to withhold \$60 million a month in a billing dispute might affect Halliburton Co. #39;s ability to support US troops in Iraq.
2
Business
3 Directors at Cox to Study Bid by Parent to Take Unit Private ox Communications, the nation #39;s third-largest cable television operator, has formed a committee to consider the \$7.9 billion bid by its parent, Cox Enterprises, to take the company private.
2
Business
Insurer lowers hurricane estimate Hurricane Charley, the worst storm to hit the US in over a decade, will cost insurers \$7.4bn (4bn;5.9bn euros).
2
Business
Blackstone takes Prime Hospitality NEW YORK (CBS.MW) -- The Blackstone Group agreed to buy Prime Hospitality Corp., which owns Wellesley Inn and AmeriSuites hotels, for \$790 million, including the assumption of debt.
2
Business
Apple zombies attack RealNetworks REALNETWORKS #39; attempt to get Steve Jobs to open up its proprietary eyePods is getting attacked by Apple #39;s fanatical supporters.
3
Sci/Tech
Rover discovers clues of water on Mars surface After months of crossing a vast Martian crater floor and zigzagging up low-slung hills, NASA #39;s Spirit rover has spotted its first hint that water once coursed across the now-desert-like region, scientists said Wednesday.
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Sci/Tech
Cassini finds two more Saturn moons NASA #39;s Cassini spacecraft has discovered two new Saturn moons, the smallest yet found among its dozens of natural satellites.
3
Sci/Tech
Hamm-dinger Gymnast comes back from 12th place to win The movie pitches, Letterman -- no, Leno -- the unending media requests, the book deals, surely the line is forming on the right for Paul Hamm.
1
Sports
Shot putters return to ancient site of first Games OLYMPIA, GREECE - It was a day when the actors took a back seat to the scenery, when the question of who won and who took part was not as significant as where they competed.
1
Sports
Brazil beats Haiti as nations play for peace PORT-AU-PRINCE, HAITI - Brazil routed a weak Haitian team 6-0 Wednesday in an exhibition game aimed at promoting peace in the Caribbean country.
1
Sports
The educated say they #39;re at risk in Sudan OURE CASSONI, CHAD - She pulled tattered socks over her bony legs and stared at the ground, trying to hide the dirty, torn clothing she is so embarrassed to wear.
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World
Typhoon Hits Korea, Japan; Kills 9, Grounds Flights (Update1) Aug. 19 (Bloomberg) -- Typhoon Megi churned through the Tsushima Straight dividing Japan and South Korea, leaving nine people dead and thousands homeless as it damaged crops, dumped heavy rains and grounded flights.
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World
31 inmates die, dozens wounded at overcrowded Salvadoran facility SAN SALVADOR, EL SALVADOR - Rival inmates fought each other with knives and sticks Wednesday at a San Salvador jail, leaving at least 31 inmates dead and two dozen injured, officials said.
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World
Iran warns Israel on pre-emptive strikes Iran warned America and Israel last night that it was ready to launch pre-emptive strikes to stop them attacking its nuclear facilities.
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World