Wholesale Inventories Rise 1.3 Percent in July

Wholesale inventories increase in July by largest amount in 2 years while sales post rebound Business - Government - Wholesale Trade - United States - Conferences

Oil rises to over $75 on U.S. supply outage (Reuters)

Reuters - U.S. crude rose more than $1 a barrel to over $75 on Friday due to the shutdown of a major pipeline, but a leading forecaster said demand would stay tepid.

Nokia brings in Microsoft exec to replace CEO (Reuters)

Reuters - Nokia has hired Stephen Elop, a Canadian Microsoft executive with Silicon Valley credentials, to replace its embattled chief executive and renew its drive to compete with Apple.

Special Report: Power struggles: charging tomorrow's cars (Reuters)

Reuters - Imagine driving across America using a fuel so new you have to carry your own supply wherever you go.

Greece pledges to overhaul loss-making state rail (AP)

AP - The Greek government pledged Friday to radically overhaul loss-making state rail company OSE, as official data showed efforts to cut the country's bloated budget deficit remained on track, if slightly asthmatic.

July wholesale inventories jump 1.3 percent (Reuters)

Reuters - Wholesale inventories surged by the largest amount in two years in July, a government report said on Friday, in a sign firms were anticipating enough demand to boost stock this summer.

July wholesale inventories jump 1.3 percent

Wholesale inventories surged by the largest amount in two years in July, a government report said on Friday, in a sign firms were anticipating enough demand to boost stock this summer.

Wholesale inventories increase in July by largest amount in 2 years while sales...

Wholesale inventories increase in July by largest amount in 2 years while sales post rebound.

U.S. Wholesale Inventories Rose More Than Forecast

The 1.3 percent rise in wholesale inventories in July was the best performance since July 2008 and triple the increase that economists had expected.

Wholesale inventories rise 1.3 percent in July

Inventories held by wholesalers surged in July by the largest amount in two years while sales rebounded after two straight declines.

Business : US July wholesale inventories jump 1.3 pct

WASHINGTON - US wholesale inventories surged by the largest amount in two years in July, a government report said on Friday, in a sign firms were anticipating enough demand to boost stock this summer.

Sep 10: Wholesale Inventories Rise

Wholesale Inventories up 1.3%

Nokia appoints Microsoft executive as new CEO (AFP)

AFP - The world's largest mobile phone maker Nokia on Friday named a new software-savvy chief executive from Microsoft to help it battle slumping profits and an eroding market share in the smartphone segment.

Wall Street little changed, energy shares up (Reuters)

Reuters - Stocks opened little changed on Friday in what was expected to be another low volume session, with the energy sector leading the way up as crude oil prices jumped.

Revolutionize your vacation with TransPerfect TransImage (Appolicious)

Appolicious - TransPerfect has just launched TransPerfect TransImage, the iPhone app for, yes, translating. (Fun fact: TransPerfect was founded in an NYU dorm room by two business students, and is now one of the largest translation companies in the world!) The app, powered by Google Translate, can translate text from photographs or via manual input. So, let's say you're at a restaurant in Germany and you don't speak or read German. ...

US widens probe of HP bribery allegations (AP)

AP - U.S. investigators have widened their probe of alleged kickbacks paid to Russian authorities by employees of a Hewlett-Packard Co. subsidiary in Germany.

SEC probing certain investment advisory firms: report (Reuters)

Reuters - The securities regulator is investigating investment advisory firms that channel investors' money into hedge funds, the Wall Street Journal reported.

FaceMan brings real time effects to iPhone 4 front-facing camera (Macworld.com)

Macworld.com - Remember the first time you ran Photo Booth on an iSight-equipped Mac? Those endless hours of posing in front of your Mac while Photo Booth's real-time effects wreaked havoc on your face can now be relived with the iPhone 4âs front-facing camera and a nifty new app by Libero Spagnolini called FaceMan.

Tokyo's electric taxi experiment (Reuters)

Reuters - Yoshihiko Takahashi chuckles politely when asked if he's weary of having the same conversation with passengers, day in and day out, as he shuttles them around Tokyo in his white-and-blue all-electric taxi. How often do you have to recharge? How far can you go? Does this car really have no emissions?

Nokia dumps CEO, turns to Microsoft exec (AP)

AP - Nokia Corp. is replacing CEO Olli-Pekka Kallasvuo with top Microsoft executive Stephen Elop as the world's top handset maker aims to regain lost ground in the fiercely competitive smartphone market.

Sep 10: Wholesale Inventories

Wholesale Inventories today at 10:00 AM EST

Nokia brings in Microsoft exec to replace CEO (Reuters)

Reuters - Nokia has hired Stephen Elop, a Canadian Microsoft executive of Silicon Valley pedigree, to replace its embattled chief executive and renew its drive to compete with Apple.

Admissions Q&A: Brigham Young (BusinessWeek)

BusinessWeek - Brigham Young University's Marriott School of Management (Marriott Full-Time MBA Profile) offers students more than a rigorous business education. Students at the school, owned by the Church of Jesus Christ of Latter-day Saints, are required to abide by a strict honor code, based on the tenets of the Mormon religion. The code includes rules against academic dishonesty and requires students to "live a chaste and virtuous life." It also prohibits drugs, alcohol, and coffee -- even at home. ...

Google plans research base in France (AFP)

AFP - Google will open a research and development centre in France aiming to lure young French IT engineers as part of a major investment programme, the Internet giant said.

Trichet: phasing out crisis measures to take time (AP)

AP - It may take a while yet to phase out the special credit support that was given to banks in the wake of the financial crisis, the European Central Bank's president has said.

Japan's wholesale prices unchanged on year in August

Japan's wholesale prices were unchanged in August from a year earlier, the Bank of Japan said in a preliminary report on Friday. The result compares with a median forecast for a 0.2 percent annual fall.

iLoveHandles Turns the iWatch Dream into Reality (Mashable)

Mashable - When you see the new iPod nano and its beautiful, tiny touchscreen, one of the first things that come to mind is: hey, I could turn this into an iWatch!

'Here you Have' Virus Tries to Delete Your Security Software (PC World)

PC World - On Thursday, a new worm hit the Internet, and itâs been spreading by emailing the address books of infected users, according to McAfee Labs. By masquerading as a benign PDF, the worm looks something like this when it shows up in your inbox:

Adobe Responds to Apple's New Rules (Mashable)

Mashable - Yesterday, seemingly out of the blue, Apple issued a statement saying it will ease up restrictions for development tools used to create iOS party apps. Now, Adobe has reacted with a statement of its own, calling Apple's decision "great news for developers".

Facebook inches past Google for Web users' minutes (AP)

AP - U.S. Web surfers are spending more time socializing on Facebook than searching with Google, according to new data from researchers at comScore Inc.

"Virginity Hit" a bawdy crowdpleaser (Reuters)

Reuters - Essentially the first feature-length YouTube video, "The Virginity Hit" updates the horny-teenager movie to the Internet era.

EBay wins a round in court against Craigslist (AP)

AP - In a skirmish between two Internet heavy hitters with a tangled relationship, eBay Inc. has convinced a court that it was wronged by antitakeover moves adopted by Craigslist after eBay started encroaching on its online classifieds turf in the U.S.

'Frustration-free packaging' slow to catch on (Ben Patterson)

Ben Patterson - Just the other day, I got bitten by one of those hard plastic clamshell cases that retailers still seem to love. Even with a pair of heavy-duty scissors, it took me several minutes to pry the stubborn thing open, and as I sawed away, a jagged piece of plastic tore at my finger and gave me a good scratch. At least I didn’t bleed on my newly purchased USB hard drive (this time).

Hurd's Oracle gig: Is Ellison perk or problem? (AP)

AP - As co-president at Oracle Corp., ousted Hewlett-Packard Co. CEO Mark Hurd will have to adapt to a new role playing second fiddle to one of Silicon Valley's most domineering bosses — Larry Ellison.

Draft: U.N. goals to slash poverty, hunger achievable (Reuters)

Reuters - A set of U.N. goals aimed at drastically reducing poverty and hunger worldwide by 2015 are achievable, despite setbacks caused by the global financial and economic crises, a draft document said.

Mortgage rates edge up; Housing market still slow (AP)

AP - Record-low mortgage rates failed to pull the housing market out of its funk. Now rates are inching higher, but don't blame them if home sales stay sluggish.

Homeowners, Beware Association Costs (Investor's Business Daily)

Investor's Business Daily - House and condo owners may face extra costs as their homeowner associations struggle with unpaid assessments, the legacy of neighbors hit by job losses and foreclosures.

Shoe seller DSW's operator says 2Q profit jumps (AP)

AP - Retail Ventures Inc., which operates the DSW shoe store chain, posted a 67 percent jump in second-quarter net income as a key revenue figure improved.

Analysis: Obama has tenuous grip on Democrats over taxes (Reuters)

Reuters - Democrats in Congress are distancing themselves from President Barack Obama's push to let taxes rise for the wealthiest Americans, fearing it will further harm them in November's mid-term elections.

Wal-Mart US merchandising now headed by four execs (Reuters)

Reuters - Wal-Mart Stores Inc will remain without a chief merchandising officer for its U.S. stores for now, instead naming four new product heads to take over that responsibility, the retailer said on Thursday.

Apple opens up on iOS app review guidelines, relaxes development restrictions (Ben Patterson)

Ben Patterson - Apple’s criteria for approving or rejecting a given iPhone or iPad app have long been a perplexing, maddening mystery to developers — but now Apple is abruptly making public its once-secret iOS app review guidelines. Among the highlights: No content that’s "over the line," nothing "cobbled together in a few days," and above all, "We don't need any more Fart apps."

Fact or Fiction? Top 8 Linux Myths Debunked (PC World)

PC World - If the idea of using Linux in your business is one that makes you nervous, chances are you've fallen prey to one or more of the many myths out there that are frequently disseminated by competing vendors such as Microsoft. After all, each Linux user means one less sale for such companies, so they have a powerful motivation to spread such FUD.

Best apps to download for your new iPod (Appolicious)

Appolicious - Whether you're listening to music and downloading apps on the iPod you got for your birthday three years ago, or a new and shiny iPod Touch, Nano or Shuffle, finding the right apps is half the battle. And if you're a serious music fan, chances are you don't take what you're listening to, or what you're downloading to enhance your music listening experience, too lightly. To guide you through the best musical experience you can possibly have on your iPod — new or old — I have created this list below. Enjoy.

Wholesale Costume Club Launches Their Halloween Costume Fundraising Program

Wholesale Costume Club, the only wholesale club offering costumes at the lowest prices with no minimum order requirements, is pleased to announce their innovative Halloween Costume Fundraising Program.

SEC says proposed Citi settlement is fair (Reuters)

Reuters - The top securities regulator defended its proposed $75 million settlement with Citigroup , saying the penalty reasonably accounts for the seriousness of the bank's alleged misconduct, according to a document filed in court on Wednesday.