The rumors that e-tail giant Amazon is looking to buy Quidsi, parent company of Diapers.com, have proven true. But Jeff Bezos isn’t likely to stop there, and Alice.com and Drugstore.com could be easy pickings.
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MSNBC head Phil Griffin now says Olbermann, who was suspended indefinitely without pay on Nov. 5, has been punished enough. Olbermann’s supporters certainly felt that way, calling his suspension by MSNBC for making political do…
Terra Firma sued Citi, claimed the bank misled into thinking other firms would outbid its own $4.7 billion offer for music company EMI in 2007. Sorry, said the jury in just a few hours.
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Qantas has a lot riding on its reputation for safety, which only raises the stakes for the airline after the engine explosion on one of its Airbus A380s Thursday. It temporarily grounded its six A380s, but the airline needs a l…
Japan’s Nikkei 225 Index climbed 2.9% to 9,626 and Hong Kong’s Hang Seng Index rose 1.4% to 24,877. In China the Shanghai Composite Index also advanced 1.4% to 3,129.
Continue reading Asian Markets Spike as Tra…