New GM CEO's pay package worth $9 million (AP)

AP - New General Motors Co. CEO Daniel Akerson (ACK-er-son) will get a pay package worth $9 million in salary and stock to run the automaker.

UBS downgrades Intuit on stock price rise (AP)

AP - Financial software maker Intuit Inc. remains an "attractive story," with strong results despite a difficult economy, a UBS analyst said Friday.

Google's Android to be world No. 2 in 2010: report (Reuters)

Reuters - Google Inc's Android software will become the world's second most popular operating system for cell phones this year, leapfrogging rival offerings from Microsoft Corp, Research in Motion and Apple Inc, according to a new report.

Google's Android to be world No. 2 in 2010: report (Reuters)

Reuters - Google Inc's Android software will become the world's second most popular operating system for cell phones this year, leapfrogging rival offerings from Microsoft Corp, Research in Motion and Apple Inc, according to a new report.

Genzyme begins round of layoffs: reports (Reuters)

Reuters - U.S. biotech company Genzyme Corp began laying off an unspecified number of employees on Friday but said the move was unrelated to Sanofi-Aventis SA's efforts to take over the company, local media reported.

Four dead in California gas blast inferno (AFP)

AFP - California firefighters were grimly searching smoldering ruins Friday after a huge gas pipeline explosion triggered an inferno killing four people, amid fears the toll will rise.

Advice for Widows and Older Couples, Too (U.S. News & World Report)

U.S. News & World Report - Kathleen Rehl shares an unwanted identity with 11.5 million other American women. She's a widow. Unlike most of them, she's a financial planner. And now, more than three years after the death of her husband, Tom, she is also an author. "Moving Forward on Your Own: A Financial Guidebook for Widows," is a short, 80-page journey through the stages of grief that she felt. It's also an emotional as well as financial guide to the types of adjustments faced by a sadly growing number of women who have outlived their husbands.

Latest version of Android 'not designed' for tablets, report says (Ben Patterson)

Ben Patterson - We’ve already got a slew of Android-powered tablets poised to hit the market in the coming months, most notably the just-announced Samsung Tab. But a Google exec is saying that the current version of Android was never intended for tablets, and that could mean no Android Market access — at least in some cases.

MacUpdate and Bundleecious offer bundles of Mac software joy (Macworld.com)

Macworld.com - If buying oodles of software for one low price is just the sort of Internet incentive that tickles your fancy, boy are you in luck. Both Bundleecious and MacUpdate are offering some Mac software bundles right this very minute.

Cost, 3-D glasses keep would-be 3-D TV buyers in 'wait and see' mode (Ben Patterson)

Ben Patterson - Consumers are still holding back on the latest 3-D TV sets, according to a new report, with more than half of those surveyed saying that having to wear 3-D glasses and the cost of the sets themselves are key factors preventing purchases.

Wall Street rises with energy, but techs lag (Reuters)

Reuters - The Dow and S&P 500 gained modestly on Friday, led higher as energy shares were boosted by a jump in oil prices, but weak tech stocks and light volume capped gains.

July wholesale inventories jump 1.3 percent

Wholesale inventories surged the most in two years in July, adding to signs that economic growth in the third quarter of the year may prove a bit stronger than many forecasters had expected.

Android to challenge Nokia's Symbian by 2014: Gartner (AFP)

AFP - Google's open-source Android will become the number two mobile operating system this year, leapfrogging BlackBerry and challenging market leader Nokia's Symbian by 2014, a research firm said Friday.

Earnings schedule for week of 9/13/2010 (AP)

AP - Major companies tentatively scheduled to report quarterly earnings next week:

Nokia dumps CEO, turns to Microsoft exec (AP)

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

US wholesale inventories jump 1.3% in July

Google benefits from Apple’s rules change (Appolicious)

Appolicious - Apple has let down its guard a bit, loosening regulations around the app approval process. This signifies a major move for Apple, as its top-down approach to controlling apps in the iTunes App Store has been a hot button topic for several months now.

Wholesale Inventories Rise Sharply In July

(RTTNews) - US wholesale inventories rose the most in two years in July, a sign that merchants expect consumer demand to pick up. Inventories rose 1.3% to $405.0 billion in July from the previous months upwardly revised levels, according to a report from the Commerce Department released Friday.

Regulators probe fund-of-funds firms in sweep (Reuters)

Reuters - Securities regulators are probing "fund-of-funds" firms that channel investors' money into hedge funds, looking at supervision of client assets and potential conflicts of interest, according to a person familiar with the matter.

(AP)

AP - Obama says 'we are not at war against Islam,' but against terrorist factions.

Treasury's Barr to testify on Fannie and Freddie (Reuters)

Reuters - Michael Barr, assistant treasury secretary for financial institutions, and Edward DeMarco, acting director of the Federal Housing Finance Agency will testify on Capitol Hill next week on the future of Fannie Mae and Freddie Mac .

More time spent on Facebook than Google: comScore (AFP)

AFP - US Web surfers spent more time on Facebook than on Google sites in August, the first time the social network has surpassed the Internet titan, online tracking firm comScore said Friday.

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.

Fiji government, opposition settle online censorship row (AFP)

AFP - Fiji's main opposition Labour Party said Friday it had resolved a stand-off with the nation's military government over whether it needed to submit online statements for vetting before publication.

Wholesale Sales and Inventories Rose in July

Unfortunately, the new report indicates little need for job growth. Wholesale - Inventory - Business - Salesmanship - Marketing and Advertising

Apple releases slew of printer driver updates (Macworld.com)

Macworld.com - Apple has released over half a dozen printer and scanner driver updates for Mac OS X 10.6 Snow Leopard users. These updates are focused primarily on brands that cater to business and enterprise users.

Wholesale inventories edge higher

WASHINGTON, Sept. 10 (UPI) -- U.S. wholesale inventories rose 1.3 percent in July above an upwardly revised climb in June, the Commerce Department said Friday. United States - United States Department of Commerce - Conferences - Computer Science - Business

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

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.

Catch Important Tweets You May Have Missed with Cadmus (Mashable)

Mashable - This post is part of Mashableâs Spark of Genius series, which highlights a unique feature of startups. The series is made possible by Microsoft BizSpark.. If you would like to have your startup considered for inclusion, please see the details here.

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.

Sep 10: Wholesale Inventories Rise

Wholesale Inventories up 1.3%

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.

Sep 10: Wholesale Inventories

Wholesale Inventories today at 10:00 AM EST

"Here You Have" Virus Demonstrates Need to Improve Malware Security (PC World)

PC World - A worm known affectionately as "Here You Have" based on the subject line of the infected e-mail used to propagate it has quickly spread into a global malware attack. The efficacy of the simple, and poorly worded e-mail luring users to click on a malicious link demonstrates why we need a whole new approach to malware defense.

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. ...

Sanyo Xacti VPC-GH4 camcorder shoots video and stills (Digital Trends)

Digital Trends - Consumer electronics maker Sanyo has announced its new Xacti VPC-GH4 dual-camera camcorder, which can both shoot high-definition video and snap high-resolution still images. Sanyo is pitching the Xacti VPC-GH4 at the same consumer audience attracted to products like the Flip video, aiming to simplify the process of shooting high-quality video as well as sharing it with friends and family via social networking services.

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.

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.

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.

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.

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.

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.

Flash crash cause still a mystery (Investor's Business Daily)

Investor's Business Daily - The SEC, which is probing the stock market "flash crash" on May 6, still hasn't identified a single cause, but a trade practice known as "stub quotes" and other issues contributed to the market's dramatic drop, sources said. Stub quotes are orders placed by market makers that are well off the market prices for stocks. The SEC wants to ban stub quotes.