AddUp 1.2 by Orefa.com

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A simple calculator designed to process non-trivial arithmetic expressions

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AddUp 1.2 by Orefa.com

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Microsoft CEO backs Web spending, "done" with Yahoo

REDMOND, Washington (Reuters) - Chief Executive Steve Ballmer on Thursday defended Microsoft Corp's need to make heavy investments in its Internet businesses but said the company was "done," for now, with pursuing Yahoo Inc. <p><a href="http://feeds.reuters.com/~a/reuters/businessNews?a=Vt7F7H"><img src="http://feeds.reuters.com/~a/reuters/businessNews?i=Vt7F7H" border="0"></img></a></p><div class="feedflare"> <a href="http://feeds.reuters.com/~f/reuters/businessNews?a=yZoRKJ"><img src="http://feeds.reuters.com/~f/reuters/businessNews?i=yZoRKJ" border="0"></img></a> <a href="http://feeds.reuters.com/~f/reuters/businessNews?a=dDXPlj"><img src="http://feeds.reuters.com/~f/reuters/businessNews?i=dDXPlj" border="0"></img></a> <a href="http://feeds.reuters.com/~f/reuters/businessNews?a=fWviPj"><img src="http://feeds.reuters.com/~f/reuters/businessNews?i=fWviPj" border="0"></img></a> </div><img src="http://feeds.reuters.com/~r/reuters/businessNews/~4/345148756" height="1" width="1"/>

Wall Street tumbles, led by financials

NEW YORK (Reuters) - Stocks tumbled more than 2 percent on Thursday after a report showing yet another drop in U.S. home sales prompted investors to take profits in financial shares, which had rallied over the past week. <p><a href="http://feeds.reuters.com/~a/reuters/businessNews?a=3RF9Cc"><img src="http://feeds.reuters.com/~a/reuters/businessNews?i=3RF9Cc" border="0"></img></a></p><div class="feedflare"> <a href="http://feeds.reuters.com/~f/reuters/businessNews?a=hjGegJ"><img src="http://feeds.reuters.com/~f/reuters/businessNews?i=hjGegJ" border="0"></img></a> <a href="http://feeds.reuters.com/~f/reuters/businessNews?a=V0Huyj"><img src="http://feeds.reuters.com/~f/reuters/businessNews?i=V0Huyj" border="0"></img></a> <a href="http://feeds.reuters.com/~f/reuters/businessNews?a=NoLQ3j"><img src="http://feeds.reuters.com/~f/reuters/businessNews?i=NoLQ3j" border="0"></img></a> </div><img src="http://feeds.reuters.com/~r/reuters/businessNews/~4/344470695" height="1" width="1"/>

JP Morgan, NAB discuss breakup of UK's HBOS: report

SYDNEY (Reuters) - U.S. investment bank JP Morgan and National Australia Bank have held talks about forming a consortium to break up British bank HBOS , the UK's Telegraph newspaper reported on its Web site. <p><a href="http://feeds.reuters.com/~a/reuters/businessNews?a=t81WkR"><img src="http://feeds.reuters.com/~a/reuters/businessNews?i=t81WkR" border="0"></img></a></p><div class="feedflare"> <a href="http://feeds.reuters.com/~f/reuters/businessNews?a=ijq4xJ"><img src="http://feeds.reuters.com/~f/reuters/businessNews?i=ijq4xJ" border="0"></img></a> <a href="http://feeds.reuters.com/~f/reuters/businessNews?a=yex9Xj"><img src="http://feeds.reuters.com/~f/reuters/businessNews?i=yex9Xj" border="0"></img></a> <a href="http://feeds.reuters.com/~f/reuters/businessNews?a=PRQdbj"><img src="http://feeds.reuters.com/~f/reuters/businessNews?i=PRQdbj" border="0"></img></a> </div><img src="http://feeds.reuters.com/~r/reuters/businessNews/~4/345209870" height="1" width="1"/>

Wachovia CFO Wurtz to leave

NEW YORK (Reuters) - Wachovia Corp , which posted a record $8.86 billion second-quarter loss Tuesday, said Chief Financial Officer Thomas Wurtz will resign from the fourth-largest U.S. bank after a successor is named. <p><a href="http://feeds.reuters.com/~a/reuters/businessNews?a=YvHHSZ"><img src="http://feeds.reuters.com/~a/reuters/businessNews?i=YvHHSZ" border="0"></img></a></p><div class="feedflare"> <a href="http://feeds.reuters.com/~f/reuters/businessNews?a=tyXmwJ"><img src="http://feeds.reuters.com/~f/reuters/businessNews?i=tyXmwJ" border="0"></img></a> <a href="http://feeds.reuters.com/~f/reuters/businessNews?a=XmVZhj"><img src="http://feeds.reuters.com/~f/reuters/businessNews?i=XmVZhj" border="0"></img></a> <a href="http://feeds.reuters.com/~f/reuters/businessNews?a=M6JfAj"><img src="http://feeds.reuters.com/~f/reuters/businessNews?i=M6JfAj" border="0"></img></a> </div><img src="http://feeds.reuters.com/~r/reuters/businessNews/~4/345021420" height="1" width="1"/>

Samsung Elec Q2 net disappoints, outlook grim

SEOUL (Reuters) - Samsung Electronics Co Ltd , the world's top maker of memory chips, posted lower-than-expected quarterly profit and faces a tough second half with a sluggish chip market and lower margins in flat screens and mobile phones. <p><a href="http://feeds.reuters.com/~a/reuters/businessNews?a=nADx7A"><img src="http://feeds.reuters.com/~a/reuters/businessNews?i=nADx7A" border="0"></img></a></p><div class="feedflare"> <a href="http://feeds.reuters.com/~f/reuters/businessNews?a=iknwTJ"><img src="http://feeds.reuters.com/~f/reuters/businessNews?i=iknwTJ" border="0"></img></a> <a href="http://feeds.reuters.com/~f/reuters/businessNews?a=hwnOFj"><img src="http://feeds.reuters.com/~f/reuters/businessNews?i=hwnOFj" border="0"></img></a> <a href="http://feeds.reuters.com/~f/reuters/businessNews?a=u72bpj"><img src="http://feeds.reuters.com/~f/reuters/businessNews?i=u72bpj" border="0"></img></a> </div><img src="http://feeds.reuters.com/~r/reuters/businessNews/~4/345182754" height="1" width="1"/>

Morgan Stanley aggressively recruiting brokers

NEW YORK (Reuters) - Morgan Stanley said on Thursday it is poaching brokers from Merrill Lynch and other rivals, accelerating the expansion of its global wealth management business during a period of turbulence on Wall Street. <p><a href="http://feeds.reuters.com/~a/reuters/businessNews?a=ANKpDs"><img src="http://feeds.reuters.com/~a/reuters/businessNews?i=ANKpDs" border="0"></img></a></p><div class="feedflare"> <a href="http://feeds.reuters.com/~f/reuters/businessNews?a=DiAwNJ"><img src="http://feeds.reuters.com/~f/reuters/businessNews?i=DiAwNJ" border="0"></img></a> <a href="http://feeds.reuters.com/~f/reuters/businessNews?a=Wz0Nbj"><img src="http://feeds.reuters.com/~f/reuters/businessNews?i=Wz0Nbj" border="0"></img></a> <a href="http://feeds.reuters.com/~f/reuters/businessNews?a=dcLgpj"><img src="http://feeds.reuters.com/~f/reuters/businessNews?i=dcLgpj" border="0"></img></a> </div><img src="http://feeds.reuters.com/~r/reuters/businessNews/~4/344982882" height="1" width="1"/>

Clear Channel shareholders OK $17.9 billion buyout

SAN ANTONIO, Texas (Reuters) - Clear Channel Communications Inc shareholders on Thursday approved a $17.9 billion takeover by private equity funds Thomas H. Lee Partners and Bain Capital, ending a 20-month effort to take the radio and billboard operator private. <p><a href="http://feeds.reuters.com/~a/reuters/businessNews?a=SiElJN"><img src="http://feeds.reuters.com/~a/reuters/businessNews?i=SiElJN" border="0"></img></a></p><div class="feedflare"> <a href="http://feeds.reuters.com/~f/reuters/businessNews?a=xPDIpJ"><img src="http://feeds.reuters.com/~f/reuters/businessNews?i=xPDIpJ" border="0"></img></a> <a href="http://feeds.reuters.com/~f/reuters/businessNews?a=oEPjij"><img src="http://feeds.reuters.com/~f/reuters/businessNews?i=oEPjij" border="0"></img></a> <a href="http://feeds.reuters.com/~f/reuters/businessNews?a=5ysP7j"><img src="http://feeds.reuters.com/~f/reuters/businessNews?i=5ysP7j" border="0"></img></a> </div><img src="http://feeds.reuters.com/~r/reuters/businessNews/~4/345009459" height="1" width="1"/>

New York sues UBS, alleges auction-rate fraud

NEW YORK (Reuters) - New York State sued UBS AG on Thursday, accusing the Swiss bank of committing a "multi-billion dollar fraud" by steering broker clients into auction-rate securities that became impossible to sell once the credit market tightened. <p><a href="http://feeds.reuters.com/~a/reuters/businessNews?a=OKYWW9"><img src="http://feeds.reuters.com/~a/reuters/businessNews?i=OKYWW9" border="0"></img></a></p><div class="feedflare"> <a href="http://feeds.reuters.com/~f/reuters/businessNews?a=iia7oJ"><img src="http://feeds.reuters.com/~f/reuters/businessNews?i=iia7oJ" border="0"></img></a> <a href="http://feeds.reuters.com/~f/reuters/businessNews?a=yL2qgj"><img src="http://feeds.reuters.com/~f/reuters/businessNews?i=yL2qgj" border="0"></img></a> <a href="http://feeds.reuters.com/~f/reuters/businessNews?a=Pmo4Gj"><img src="http://feeds.reuters.com/~f/reuters/businessNews?i=Pmo4Gj" border="0"></img></a> </div><img src="http://feeds.reuters.com/~r/reuters/businessNews/~4/344996728" height="1" width="1"/>

U.S. banks primary borrowings from Fed biggest ever

NEW YORK (Reuters) - U.S. banks' direct primary credit borrowing from the Federal Reserve rose to the highest level ever in the latest week, reflecting the growing need of the banking sector to rely on the central bank for cheap funding, analysts said. <p><a href="http://feeds.reuters.com/~a/reuters/businessNews?a=f8Zqzq"><img src="http://feeds.reuters.com/~a/reuters/businessNews?i=f8Zqzq" border="0"></img></a></p><div class="feedflare"> <a href="http://feeds.reuters.com/~f/reuters/businessNews?a=Eir70J"><img src="http://feeds.reuters.com/~f/reuters/businessNews?i=Eir70J" border="0"></img></a> <a href="http://feeds.reuters.com/~f/reuters/businessNews?a=NgCTcj"><img src="http://feeds.reuters.com/~f/reuters/businessNews?i=NgCTcj" border="0"></img></a> <a href="http://feeds.reuters.com/~f/reuters/businessNews?a=jRgdBj"><img src="http://feeds.reuters.com/~f/reuters/businessNews?i=jRgdBj" border="0"></img></a> </div><img src="http://feeds.reuters.com/~r/reuters/businessNews/~4/345002205" height="1" width="1"/>

SEC, Fed push for authority over investment banks

WASHINGTON (Reuters) - The head of the U.S. Securities and Exchange Commission on Thursday urged Congress to give his agency authority to oversee investment banks, even as a top Federal Reserve official said the central bank needed similar powers to do its job. <p><a href="http://feeds.reuters.com/~a/reuters/businessNews?a=vLGc1O"><img src="http://feeds.reuters.com/~a/reuters/businessNews?i=vLGc1O" border="0"></img></a></p><div class="feedflare"> <a href="http://feeds.reuters.com/~f/reuters/businessNews?a=SLcS3J"><img src="http://feeds.reuters.com/~f/reuters/businessNews?i=SLcS3J" border="0"></img></a> <a href="http://feeds.reuters.com/~f/reuters/businessNews?a=xu3AFj"><img src="http://feeds.reuters.com/~f/reuters/businessNews?i=xu3AFj" border="0"></img></a> <a href="http://feeds.reuters.com/~f/reuters/businessNews?a=e9Vz8j"><img src="http://feeds.reuters.com/~f/reuters/businessNews?i=e9Vz8j" border="0"></img></a> </div><img src="http://feeds.reuters.com/~r/reuters/businessNews/~4/344710341" height="1" width="1"/>