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WebProNews | Breaking eBusiness News Your source for investigative ebusiness reporting and breaking news.
Oil Prices Gain For First Day In Six

Oil prices rose for the first day in six with speculation of an increase in demand limting increases in gasoline inventories.

Abbott Reports First Quarter Results

Abbott today announced financial results for the first quarter ended March 31, 2005.

Black & Decker Raises Expectations

Black & Decker announced that, due to continuing strong sales, especially in its North American Power Tools and Accessories business…

NCR Anticipates Higher Earnings Than Previously Expected

NCR anticipates its first-quarter earnings to exceed its prior guidance due to better-than-expected operating performance.

EU Suggests Further Discussions Over Airbus Boeing Dispute

Even though the deadline has been missed, the EU wants to continue talks with the U.S. to reach an agreement on the dispute over subsidies to Airbus and Boeing.

CSC Signs Agreement With DST Sytems

Computer Sciences Corporation has signed an agreement with a subsidiary of DST Systems…

Tiger Woods Facts
· 7

Tiger Woods has won The Masters in Augusta for the fourth time in eight years. This is Tiger’s 9th major-tournament victory.

MG Rover Gets 6.5 Million To Live Another Week

MG Rover is getting a 6.5 million loan from the government so the company can stay alive for another week.

Oil Prices Fall For Longest Time Since 2003

Oil prices fell for the sixth day in a row in what is the longest they have continued to fall since October 2003.

Anheuser-Busch Increases Economic Interest in Tsingtao

Tsingtao Brewery and Anheuser-Busch jointly announced that Anheuser-Busch has increased its economic interest in Tsingtao to 27% upon its conversion of all the remaining convertible bonds in Tsingtao.

Genentech Sales Increase by 55%

Genentech announced total product sales of $1,186.0 million for the first quarter of 2005, a 55 percent increase over product sales of $763.7 million in the first quarter of 2004.

ICANN Officially Designates .jobs And .travel Domains

On Friday, ICANN announced the approval of two new Top-Level Domain designations: .jobs and .travel. This approval was done during the ICANN International conference, which is held in Argentina.

AOL and XM Satellite Radio Cook Up New Service

XM Satellite Radio and America Online are teaming up to create a new online radio service.

Circuit City Announces Financial Results

Circuit City reported results for the fourth quarter and fiscal year ended February 28, 2005.

Judge of Khodorkovsky Trial Takes Time To Think

Judge Irina Kolesnikova of former Yukos Chief Mikhail Khodorkovsky’s trial has retired to think about the verdict setting an April 27 deadline.

Greenberg Needs Time To Prepare for Testimony

Maurice “Hank” Greenberg, former American International Group chairman and CEO will not testify when questioned by regulators.

AOL and XM To Create Online Radio Service

America Online and XM Satellite Radio announced that they will join forces to create a new online radio service.

IBM, Sanyo Introduce Fuel Cell Battery Prototype For IBM ThinkPads

Today, IBM and Sanyo have introduced plans for a prototype micro direct methanol fuel cell system to power IBM ThinkPad notebooks.

Microsoft and Gateway Resolve Legal Issues

Microsoft and Gateway have entered into an agreement to resolve legal issues between the two companies and work together on the marketing and development of Gateway personal computing products.

Priceline Introduces One-Stop Travel Reservation Site

William Shatner and priceline.com are going where the pioneer Internet travel service has never gone before.

Engineered Support Systems Co-Founder Becomes Nonexecutive Chairman

Engineered Support Systems announced that, effective April 30, Michael F. Shanahan, Sr. will serve in the capacity of Nonexecutive Chairman of the Board of Directors.

Korean Air Orders 20 Dreamliners

The Boeing Company and Korean Air Lines announced an order for up to 20 Boeing 787 Dreamliners in a deal worth approximately $2.6 billion at list prices.

Ask Jeeves Exec Joins InfoSearch Board of Directors

Leading online media firm InfoSearch Media announced today that Claudio Pinkus, 48, has joined the Company’s Board of Directors. Mr. Pinkus brings 25 years of strategic technology management experience to InfoSearch Media, with specific expertise in the search engine market.

Verizon Buys Big Chunk of MCI Common Stock

Verizon is buying about 43.4 million shares of MCI common stock from eight entities affiliated with Carlos Slim Helu for $25.72 per share in cash.