| Good afternoon Bit | | | Research In Motion's dismal quarterly results, the latest in a string of disappointments by the BlackBerry maker, could prove a boon to prospective buyers eyeing its treasure trove of wireless patents. RIM's shares took a beating on Friday, tumbling as much as 24 percent, a day after it reported earnings and issued an outlook that gave shareholders little reason to expect an imminent turnaround by the once proud Canadian technology giant. Seven states have joined the U.S. Justice Department's lawsuit to stop AT&T's proposed purchase of T-Mobile USA, the Justice Department said. Two of Twitter's earliest investors have left the company's board of directors, the latest change to the fast-growing social media company's leadership. Private equity company, Silver Lake, is considering a bid to buy Yahoo according to The New York Times. Other companies possibly interested in Yahoo or its assets include Microsoft or the Alibaba Group. | | LATEST NEWS | Blackberry Messenger disrupted in the Americas | September 16, 2011 03:56 PM ET | (Reuters) - Research In Motion's BlackBerry Messenger service was disrupted by an apparent service outage on Friday, adding a further headache as the company reels from a dismal earnings report. | Full Article | BlackBerry bashed as questions swirl about future | September 16, 2011 03:45 PM ET | (Reuters) - Investors drove Research In Motion's stock down 20 percent on Friday as dismal quarterly results raised prospects that the BlackBerry maker will be sold, broken up, or at least placed under new leadership. | Full Article | Euro zone hopes lift Wall Street for fifth day | September 16, 2011 04:10 PM ET | NEW YORK (Reuters) - Stocks rose for a fifth straight day on Friday and the S&P 500 scored its best week since early July on signs that leaders were taking action to limit the damage from a sovereign debt crisis. | Full Article | | | BUSINESS NEWS
| UBS trader charged with $2 billion fraud | September 16, 2011 02:58 PM ET | LONDON/ZURICH (Reuters) - UBS trader Kweku Adoboli wept in a London court on Friday as he was charged with fraud and false accounting dating back to 2008, a day after the Swiss bank was plunged into crisis by revealing a $2 billion trading loss. | Full Article | Consumer mood up but future outlook at 31-year low | September 16, 2011 04:40 PM ET | NEW YORK (Reuters) - Consumer sentiment inched up in early September but Americans remained gloomy about the future with their expectations falling to the lowest level since 1980, a survey released on Friday showed. | Full Article | Geithner presses EU to act; meets resistance | September 16, 2011 03:17 PM ET | WROCLAW, Poland (Reuters) - Treasury Secretary Timothy Geithner drew a cool response from EU policymakers when he urged them to leverage their bailout fund to better tackle the debt crisis and to start speaking with one voice. | Full Article | Analysis: Wary retailers play safe with holiday hiring | September 16, 2011 04:31 PM ET | NEW YORK (Reuters) - People looking for a temporary retail job this holiday season will have better luck at dollar stores and discounters than at department stores and middle market apparel chains, as the anemic U.S. economy keeps other retailers cautious. | Full Article | Suspicious trades probed on Wall Street: regulator | September 16, 2011 02:16 PM ET | NEW YORK (Reuters) - A Wall Street regulator said industry complaints about market manipulation and trade reporting have spiked this year, raising questions about the adequacy of banks' internal controls over their traders. | Full Article | | | U.S. TOP NEWS | | | | RELATED VIDEO | | | | | A daily digest of breaking business news, coverage of the US economy, major corporate news and the financial markets. Register Today. | | Your daily briefing on the latest tech developments from around the world from Reuters expert tech correspondents. Register Today. | | The latest Reuters articles on M&A, IPOs, private equity, hedge funds and regulatory updates delivered to your inbox each day.. Register Today. | | » MORE NEWSLETTERS | | ODDLY ENOUGH | | | | | |
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