Stock exchange merger could end San Francisco stock trading

Sunday, July 24, 2005 After the New York Stock Exchange (NYSE) completes its acquisition of Chicago-based electronic trading company, Archipelago Holdings within the next 12 months, the impact will also be felt in San Francisco, California as the future of the 123-year-old Pacific Exchange (PCX) becomes murky. This stems from a deal struck in JanuaryRead More

Former NZ Prime Minister confirmed as head of UNDP

Thursday, April 2, 2009 Former New Zealand Prime Minister Helen Clark has been appointed as head of the United Nations Development Program. The appointment follows a unanimous vote by the UN General Assembly yesterday. Clark will take up the role by April 20, replacing current UNDP Administrator Kemal Dervis. Clark is reportedly eager for theRead More

China overtakes Germany as world’s biggest exporter

Sunday, January 10, 2010 Chinese officials have said that their country’s exports surged last December to edge out Germany as the world’s biggest exporter. The official Xinhua news agency reported today that figures from the General Administration for Customs showed that exports jumped 17.7% in December from a year earlier. Over the whole of 2009Read More

Tornado hits downtown Atlanta

Saturday, March 15, 2008 A tornado, spawned from a large storm, has hit the United States city of Atlanta, Georgia, causing extensive damage throughout the city. The National Weather Service confirmed Saturday morning that it was a tornado that struck the city. After reviewing the aftermath of the storm, they classified it as an EF2Read More

San Francisco’s Green Party endorses Cindy Sheehan in bid against Speaker Pelosi

Thursday, June 19, 2008 San Francisco, California —Shortly after an extended question and answer session last night, anti-war activist Cindy Sheehan easily secured an endorsement from the San Francisco Green Party as nominative challenger to the Speaker of the House Nancy Pelosi in California’s 8th congressional district. Sheehan answered a wide variety of questions helpingRead More

Nokia appoints Microsoft Business Division Head as chief executive

Sunday, September 12, 2010 The Finnish communications corporation Nokia announced that its Head will change on September 21. The previous chief executive Olli-Pekka Kallasvuo will continue to chair in non-executive capacity. The head of Microsoft Business division Stephen Elop will take the position. It is the first time a non-Finn becomes Nokia president and chiefRead More

Japanese court plans to seize control of 2channel

Saturday, January 13, 2007 2channel, the largest Internet forum in the world and an ISP in Japan, has been shuttered by a Japanese court ruling in a civil slander case. The corporation managing 2channel was declared bankrupt and its assets will be seized. The ISP will close on January 15th, and the future of theRead More

News briefs:January 12, 2005

Wednesday, January 12, 2005 The following stories made international headlines Wednesday: [edit] After 14 months, three missed deadlines, and a change of CEOs, Canada’s Nortel (ticker NT) finally reported their audited restatement of earnings for 2001, 2002, and 2003. Five board members are stepping down. Source: BusinessWeek Online: Nortel: Beyond Closing the Books [edit] PoliceRead More