News archive from 7 January 2012

Exclusive - EU medicines head urges tougher implant rules

Exclusive - EU medicines head urges tougher implant rules

"I see an urgent need to regulate devices at the same level of science and attention as with drugs," Guido Rasi, executive director of the European Medicines Agency (EMA), told Reuters. Medical devices are regulated in the European Union not...

 

NYT, Huffington Post settle parenting blog case

New York Times Co, which has a parenting blog known as Motherlode, has agreed to settle a lawsuit against the Huffington Post after that website decided to change the name of its new Parentlode blog. The settlement came two weeks after Lisa Belkin,...

 

PayPal tests in-store payments with Home Depot

(Reporting by Alistair Barr; editing by Carol Bishopric)

 

Four Sprint execs out in reorganization

Hesse said, in a memo obtained by Reuters, that Paget Alves, head of its business operation will now also take responsibility for consumer sales, as chief sales officer. Bill Malloy will take on marketing for both business and consumer services....

 
SAINTS STUN QUINS

SAINTS STUN QUINS

Northampton produced a disciplined and ruthless performance to defeat Aviva Premiership leaders Harlequins 24-3 and record their seventh win in their last eight outings. Saints thoroughly deserved their victory, with fly-half Ryan Lamb kicking 13...

Daily Star, 23:03 in Sport
 
UNITED DISMISS ROONEY EXIT REPORT

UNITED DISMISS ROONEY EXIT REPORT

Manchester United and Wayne Rooney have issued a combined statement denying the England striker is about to leave. Stories have emerged claiming the 26-year-old's relationship with Sir Alex Ferguson is broken beyond repair. This has been denied by...

Daily Star, 23:03 in Sport
 
Woodford to sue Olympus, drops leadership bid

Woodford to sue Olympus, drops leadership bid

Michael Woodford's campaign against its management rocked the once-proud maker of endoscopes and cameras, but failed to win over Japanese institutional shareholders including Olympus' main lenders, who support a board that has been castigated for...

 
Motorola Mobility warns of Q4 revenue shortfall

Motorola Mobility warns of Q4 revenue shortfall

Motorola Mobility said it expects to report "modest profitability" on a non-GAAP basis in the quarter. It said it shipped about 10.5 million mobile devices in the quarter, including about 5.3 million smartphones, which are based on Google's...

 
Michael Woodford to sue Olympus for unfair dismissal

Michael Woodford to sue Olympus for unfair dismissal

Michael Woodford, the British executive forced out of Japanese camera maker Olympus for blowing the whistle on an alleged billion pound fraud, has abandoned his bid to re-join the electronics giant. He will now sue the firm for unfair dismissal...

 
Woodford to sue Olympus, drops leadership bid

Woodford to sue Olympus, drops leadership bid

Michael Woodford's campaign against its management rocked the once-proud maker of endoscopes and cameras, but failed to win over Japanese institutional shareholders including Olympus' main lenders, who support a board that has been castigated for...

 
Hungary downgraded to junk as PM says wants deal

Hungary downgraded to "junk" as PM says wants deal

Fitch Ratings said it was downgrading Hungarian sovereign debt by one notch to BB+ with a negative outlook, putting the country's bonds in the higher risk category and suggesting the investment climate was not going to get any better. Fellow credit...

Reuters, 23:08 in Business
 
GERRARD MARKS RETURN WITH GOAL

GERRARD MARKS RETURN WITH GOAL

Liverpool captain Steven Gerrard put more than two months of frustration behind him to score on his first start since October as his side beat Oldham 5-1 in the third round of the FA Cup. After three substitute appearances following recovery from an...

Daily Star, 23:17 in Sport
 

Morgan Stanley reports 16 percent Zynga stake

(Reporting by Alistair Barr, editing by Bernard Orr)

 
Yahoo searching for new board members: source

Yahoo searching for new board members: source

The struggling Internet company also disclosed on Friday that new CEO Scott Thompson will receive a compensation package that could be worth as much as $27 million. Yahoo announced on Wednesday that Thompson, the president of eBay online payment...

 
JD SPORTS ON BRINK OF £20M BLACKS DEAL

JD SPORTS ON BRINK OF £20M BLACKS DEAL

STRICKEN Blacks Leisure was last night thrashing out a likely £20million deal with sportswear retailer JD Sports to buy the bulk of its business and save thousands of jobs. JD outbid rival Sports Direct, owned by ­Newcastle United chairman Mike...

 


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