Archive for January 18th, 2010

JAL bankruptcy filing expected

J apan Airlines is expected to file for bankruptcy protection Tuesday, ending months-long speculation about its fate and launching a massive overhaul to shed the fat and inefficiency that hobbled Asia’s biggest airline. With debts of Ą1.5 trillion ($16.5-billion U.S.) as of November, the carrier will go down in Japanese corporate history as one of its biggest failures.

Why Google isn’t racing from China

W hen you type in “Tiananmen Square affair 1989,” entered in Chinese on google.cn, the search returns a single link – the official Xinhua news agency’s dry and bloodless account of the “clearing” of the students camping on the square on June 4 of that year. That result is followed by a line all too familiar to Google users in China: “According to local laws, regulations and policies, some search results are not shown.” For all the insinuations and indignation unleashed over the past week, the fact that Google Inc. GOOG-Q is still censoring sensitive searches suggests the Internet giant is far from certain that it wants to leave China to others.

Lakes wind could power Ontario: report

W ind turbines built offshore in the Great Lakes have the potential to generate a huge chunk of Ontario’s power, even though not a single one is up and running yet – or even under construction. Still, developers’ enthusiasm for offshore wind is building a momentum that could eventually lead to a huge industry that dwarfs other forms of green energy, and even outpaces entrenched technologies such as nuclear and hydro. That’s the conclusion of a report from wind developer Trillium Power Wind Corp., which calculates that the Ontario government has received applications for offshore projects that would generate almost 21,000 megawatts of power, if they all came to fruition

Why Jim Flaherty wants a more laid-back G7 meeting

T oday’s top stories from Report on Business : G7 meeting to be less formal Finance Minister Jim Flaherty plans a less formal meeting of G7 finance and central bank chiefs next month in Iqaluit, hoping a new approach will lead to more frank discussion on key issues such as regulations and currencies. A senior official from Mr.

Mosaid forecasts higher profit, revenue in 2010

M osaid Technologies Inc. MSD-T has signed a landmark semiconductor patent licensing deal with electronics giant Samsung Electronics Co. Ltd

Mosquito: By golly, it’s moly

H i Lou I asked you to look at MSQ about 2 years ago. I managed to make some dough in the past. Can you please look at it again

Nationwide Financial tells its advisers to find new B-Ds

Nationwide Financial Network, the sales and marketing arm of Nationwide Mutual Insurance Co., is telling its independent financial advisers to find their own broker-dealers rather than continue to trade through its own brokerage arm, Nationwide Securities LLC. All of Nationwide’s independent “personal-producing general agents,” who are financial advisers, will have to register with a new broker-dealer by April 30, according to an e-mail sent out to all of its PPGA reps last Thursday. Furthermore, agents who want to continue to sell Nationwide products will have to do so through a “non-affiliated channel,” rather than go through Nationwide itself, according to an adviser quoting the e-mail.

Powered by Tcmo6| About