Coming soon to a plane near you... Ad space!

"Coming soon to the airline boarding pass clutched in your hot little hand: advertisements.Printing advertisements on the boarding pass is part of airlines’ continuing frantic search for new sources of revenue to offset higher fuel prices. Here’s betting it will be less...

Government relents and scraps fuel duty rise

The UK government has cancelled a planned 2p rise in fuel tax in light of the ever increasing petrol prices. However the timing to the decision, coming as it does shortly before the very important by-election in Glasgow East, has being deemed suspicious. Gordon Brown may be...

Gannett Q2 Profits Down 36%, Shares Tank (GCI)

More pain in the newspaper business today."Thanks to a write-down of nearly $3 billion, we knew Gannett (GCI) was looking at an ugly Q2. And Gannett delivered, announcing 36% earnings drop in preliminary results...

Yahoo Wields New Tool to Battle Google

"Yahoo Inc. will introduce a tool for Web developers Thursday that is designed to expand the scale of its struggling search business and help create new competitors to Google Inc. The company said the free tool will allow developers to build customized search services based...

Air for Sale:Canadian Government Sells it $3.7 billion!

OpinionBarry Artiste, Now Public ContributorAnd Canadians thought the one thing that was free, was Air? Who knew it was a Gold Mine for the Government!" Feds pulling billions out of thin air -- and it's for real By...

Web 2.0 living on borrowed money

RuhRoh. "The bad news? While a few startup stars like Twitter and Slide can get venture cash on little or no revenue, the expiration date on your "it's [blank] with a social network layer" pitch may be well past. "There is going to be a shake-out here in the next year or...

Uttarakhand:Licence fee hiked, closing time for liquor shops increased by one...

Dehradun:The State Cabinet,  approved the new Excise Policy. While the majority of the provisions of the current policy remained unchanged, it was decided to increase in the licence fee slabs to generate additional revenue to the tune of Rs 7.75 crores. the Liquor shops...

HP buys EDS for $13.9 billion

Announced this morning, Hewlett Packard is set to buy EDS at a price of $25.00 per share - around 13.9 billion in value. "The terms of the transaction have been unanimously approved by the HP and EDS boards of directors. The transaction is expected to close in the second half...

Jay-Z Signs $150 Million Deal with Live Nation

UPDATE | May 2nd — Live Nation has reportedly sealed the deal with Jay-Z"The long-rumored $150 million, 10-year deal between Jay-Z and Live Nation reportedly closed Wednesday night, with Live Nation giving Jay...

Canadians Have Until May 6th To File Online Tax Returns for 2007

Good news for last minute filers, due to huge traffic volume to the Canada Revenue Agency website, you've got until midnight on Tuesday, May 6th to get your taxes filed online, that is, assuming you don't owe money...

Fall in classified revenue clobbers Gannett

Gannett's, publisher of USA Today and many other newspapers is seeing their stock price and revenues  continue to decline."Eeesh. Profits for Gannett (GCI),the nation's biggest newspaper company, dove 9%, the company announced Monday morning. Classified revenue -- thanks...

Apple reports record results, sells more than 2m Macs

"Apple® today announced financial results for its fiscal 2008 second quarter ended March 29, 2008. The Company posted revenue of $7.51 billion and net quarterly profit of $1.05 billion, or $1.16 per diluted...

McCain's "Remove GasTaxes" Leadership or Folie

"With oil set to break through the $120 mark and pump prices forecast to hit $4 bucks or more a gallon, Presidential candidate John McCain has called for all levels of government to remove their tax on gas. While...

New York Times Company Posts Loss

Like a watchdog watching itself, The New York Times just published an article on its own losses this quarter. Is the downturn a function of the weak economy, or is the widespread shift to online media the...

AMD to Sack 10% of Employees

Advanced Micro Devices Inc. saidit is cutting about 10% of its work force, or about 1,650 jobs, andwarned that weaker-than-expected sales hurt results in its recentquarter."AMD, locked in a battle with Intel Corp. over chips known as microprocessors, said it expects...

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