According to Reuters, Siemens (SI) will cut over 6,000 jobs in its telecom equipment business.
Reuters writes that MBIA (MBI) is moving to help bring stability to the credit markets.
Reuters reports that Visa plans an $18.8 billion IPO.
Reuters also writes that Sony (SNE) will own a third of Sharp’s LCD plant.
The Wall Street Journal writes that the US Treasury wants more disclosure from sovereign funds and will meet with those from Singapore and Abu Dhabi.
The Wall Street Journal writes that IBM (IBM) will launch a new mainframe to lift sales.
The Wall Street Journal writes that MBIA (MBI) eliminated its quarterly dividend to save money
The Wall Street Journal writes that Microsft (MSFT) is cutting key deals for its virtualization software to better compete with industry leader VMWare (VMW).
The Wall Street Journal reports that online ad revenue topped $21 billion in 2007.
The Wall Street Journal says the FCC warned Comcast (CMCSA) about slowing some broadband connections to selected customers.
The New York TImes writes that Ford (F) is pushing buy-outs to its workers.
The New York Time writes that Nielsen is trying to start new services to measure internet and cellphone use.
The FT writes that wheat prices had their largest one-day price increase ever.
The FT writes that VMWare has cut a deal to ship its software in some Dell (DELL), HP (HPQ), and IBM (IBM) servers.
Bloomberg writes that UnitedHealth has received govenment approval to buy Sierra Health.
Douglas A. McIntyre
100 Million Americans Are Missing This Crucial Retirement Tool
The thought of burdening your family with a financial disaster is most Americans’ nightmare. However, recent studies show that over 100 million Americans still don’t have proper life insurance in the event they pass away.
Life insurance can bring peace of mind – ensuring your loved ones are safeguarded against unforeseen expenses and debts. With premiums often lower than expected and a variety of plans tailored to different life stages and health conditions, securing a policy is more accessible than ever.
A quick, no-obligation quote can provide valuable insight into what’s available and what might best suit your family’s needs. Life insurance is a simple step you can take today to help secure peace of mind for your loved ones tomorrow.
Click here to learn how to get a quote in just a few minutes.
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.
Latest from 24/7
Our expert who first called NVIDIA in 2009 is predicting 2025 will see a historic AI breakthrough.
You can follow him investing $500,000 of his own money on our top AI stocks for free.