Data-storage company EMC is buying Greenplum, a California-based startup with a next-generation data-warehousing and analytics technology and customers like Nasdaq, Skype, T-Mobile and Fox Interactive Media.
Continue reading EMC Enters Battle of 'Big Data' with Deal to Buy Greenplum
EMC Enters Battle of 'Big Data' with Deal to Buy Greenplum originally appeared on DailyFinance on Tue, 06 Jul 2010 20:45:00.
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Oracle
When it comes to new cars, bad news for the industry can be good news for consumers. Auto sales have slipped lately, and as a result, the major automakers are expected to ramp up the rebates and incentives this summer.
Continue reading Automakers Expected to Boost Incentives to Drive Summer Sales
Automakers Expected to Boost Incentives to Drive Summer Sales originally appeared on DailyFinance on Tue, 06 Jul 2010 18:30:00.
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Economy,
Earnings,
Honda Motor Co,
Ford Motor Co,
Toyota,
General Motors,
Autos
Wal-Mart apparently has set its sights on Washington, D.C. where many residents live below the poverty line and need discounted groceries and home goods. As luck would have it, more than 11 acres smack in the middle of the city have suddenly become available.
Continue reading Wal-Mart Goes to Washington -- Maybe
Wal-Mart Goes to Washington -- Maybe originally appeared on DailyFinance on Tue, 06 Jul 2010 17:41:00.
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Wal-Mart Stores,
Retail
The U.S. is suing Arizona over the state's controversial new immigration law, which enables police to detain people suspected of illegally entering the country. The lawsuit thrusts the Obama administration into a heated debate just months ahead of a critical mid-term election.
Continue reading Obama Administration Sues Arizona Over Immigration Law
Obama Administration Sues Arizona Over Immigration Law originally appeared on DailyFinance on Tue, 06 Jul 2010 16:50:00.
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Economy
Skirting campaign finance laws, News Corp. chairman Rupert Murdoch, has found an entirely legal way to put millions of dollars directly into the bank accounts of leading Republican candidates like Mike Huckabee and Sarah Palin. He hires them.
Continue reading Will the Next President Be Brought to You by Rupert Murdoch?
Will the Next President Be Brought to You by Rupert Murdoch? originally appeared on DailyFinance on Tue, 06 Jul 2010 16:30:00.
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Media,
News Corp
Stocks took an uncomfortably circuitous route to posting broad-based gains Tuesday, as a better-than-expected outlook on global recovery from Australia's central bank was tested by the bond market's bleaker assessment of the U.S. economy.
Continue reading Stocks Close Higher, but Growth Worries Remain
Stocks Close Higher, but Growth Worries Remain originally appeared on DailyFinance on Tue, 06 Jul 2010 16:29:00.
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NYSE,
Video
As private-equity giant KKR moves at last toward completing its own IPO, it is opening up its internal finances to the SEC. One of the more interesting items: How little its two billionaire founders, cousins Henry Kravis and George Roberts, earned from the business last year.
Continue reading KKR's Founders Only Made $22 Million Last Year
KKR's Founders Only Made $22 Million Last Year originally appeared on DailyFinance on Tue, 06 Jul 2010 16:25:00.
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Investing
The struggling Jersey Shore casino has booked the former president on July 23 as part of its speaker series , but plenty of seats are still available. Why would Clinton even want to appear there? And do people think he'll say that he hasn't said already?
Continue reading Did the Atlantic City Hilton Bet Wrong on Bill Clinton?
Did the Atlantic City Hilton Bet Wrong on Bill Clinton? originally appeared on DailyFinance on Tue, 06 Jul 2010 16:20:00.
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People,
Media
Outsourcing logistics to specialists is an ever-more popular, and cost efficient, move in corporate America -- and the sector is poised for growth. One top firm in the field, LINC Logistics, is optimistic enough about the future that it has filed for a $115 million IPO.
Continue reading Logistics Provider LINC Hopes to Deliver a $115 million IPO
Logistics Provider LINC Hopes to Deliver a $115 million IPO originally appeared on DailyFinance on Tue, 06 Jul 2010 16:00:00.
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The smartphone revolution is about to upend another business: credit card processing. With Google's new Android pay-by-phone app and Square's new hardware that turns any iPhone into a transaction processor, your plastic could become obsolete.
Continue reading Smartphones Are About to Swipe Credit Card Companies' Profits
Smartphones Are About to Swipe Credit Card Companies' Profits originally appeared on DailyFinance on Tue, 06 Jul 2010 15:30:00.
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Technology,
Google ,
Apple,
Retail,
eBay,
MasterCard,
Visa