3xwy Blog

ICICI Bank profit up 17 percent on better loans (AP)

3xwy — Sat, 31 Jul 2010 02:36:11 +0000

AP – ICICI Bank, India’s largest private sector bank, said quarterly profit rose 17 percent as it cut costs and eliminated bad loans amid revived credit demand in India’s growing economy.

Original post:
ICICI Bank profit up 17 percent on better loans
(AP)

BP may sell German gas stations for $2.6 billion (Reuters)

3xwy — Sat, 31 Jul 2010 01:59:28 +0000

Reuters – BP Plc is seeking to sell its German petrol station chain Aral for around 2 billion euros ($2.6 billion), German magazine Wirtschaftswoche reported on Saturday, citing investment bankers familiar with BP’s plans.

Continued here:
BP may sell German gas stations for $2.6 billion
(Reuters)

FAA Downgrades Mexico’s Air Safety Rating

3xwy — Fri, 30 Jul 2010 14:50:00 +0000

Concerns about safety oversight prompted the move, the Federal Aviation Administration said. The action won’t stop flights between the two countries, but it will prevent Mexican airlines like AeroMexico and Mexicana from expanding service to the United States.

Dynavax posts 2Q loss, weighed down by expenses (AP)

3xwy — Fri, 30 Jul 2010 13:53:38 +0000

AP – Drug developer Dynavax Technologies Corp. said Friday that higher operating expenses, weak revenue and costs linked to a stock offering drove it to a second-quarter loss, reversing a year-ago profit.

Obama: Detroit auto bailout was unpopular, but it worked (The Christian Science Monitor)

3xwy — Fri, 30 Jul 2010 13:16:59 +0000

The Christian Science Monitor – President Obama used a visit to Michigan Friday to argue the case that despite its unpopularity, his 2009 bailout of the Detroit auto industry has worked.

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Obama: Detroit auto bailout was unpopular, but it worked
(The Christian Science Monitor)

Dollar sinks to 8-month low vs yen as growth slows (AP)

3xwy — Fri, 30 Jul 2010 12:34:31 +0000

AP – Weakening U.S. economic growth and worried comments from Federal Reserve officials drove the dollar to an 8-month low Friday against the Japanese yen.

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Dollar sinks to 8-month low vs yen as growth slows
(AP)

Digimarc reports wider 2Q loss on joint venture (AP)

3xwy — Fri, 30 Jul 2010 10:11:17 +0000

AP – Digimarc Corp., which develops digital watermarking technology for images, reported a wider second-quarter loss on Friday as it booked development costs for joint venture investments with The Nielsen Co.

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Digimarc reports wider 2Q loss on joint venture
(AP)

Goldman employees still enamored with firm and CEO (Reuters)

3xwy — Fri, 30 Jul 2010 09:30:41 +0000

Reuters – Goldman Sachs Group Inc is the bank many Americans love to hate, but one group just plain loves it: its employees.

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Goldman employees still enamored with firm and CEO
(Reuters)

Will Reading The Doc’s Notes Improve Your Health?

3xwy — Fri, 30 Jul 2010 09:00:00 +0000

The Open Notes project connects some 25,000 patients with their doctors’ medical notes through secure online portals. Participating doctors Tom Delbanco and Sara Fazio of Boston’s Beth Israel Deaconess Medical Center discuss the program, and why it has some doctors worried.

Vertebrate Genomes Hide Ancient Viruses

3xwy — Fri, 30 Jul 2010 09:00:00 +0000

Reporting in the journal PLOS Pathogens , researchers write opossums have bits of the Ebola virus mixed into their genetic code and human genomes contain snippets of the Borna virus. Study author Anna Skalka says some of the virus genetic code was inserted 40 million years ago.