BC-Business News Digest

⿿ INTERNET ADVERTISING ⿿ Internet ad revenue hit a record $31 billion in the U.S. in 2011. Mobile was the fastest-growing category.

⿿ BRITAIN-PHONE HACKING ⿿ Criminal charges are being considered against 11 people in connection with phone hacking and other alleged misconduct by British newspapers.

DIGITAL LIFE-TECH TEST-BASEBALL ON THE GO

ATLANTA ⿿ Baseball is back, which means die-hard fans like me are hungry for updates and highlights when we're not near our televisions or computers. For the past six years, I've satisfied my appetite with Major League Baseball's evolving offerings. What used to be a glitch-filled, clunky desktop-based system is now a robust experience that includes sleek, high-performing apps for iPhones, iPads, Android platforms and other devices. This year's version of the software, MLB At Bat 2012, is the best yet. By Greg Bluestein

INTERNATIONAL

ITALY-FINANCIAL CRISIS

MILAN ⿿ The Italian government warns that a deeper-than-expected recession means it will miss its pledge of balancing its budget by 2013 by two years. By Business Writer Colleen Barry.

With:

⿿ ITALY-STARTUPS ⿿ Italy remains infertile ground for startups that promise much-needed growth and jobs.

SWITZERLAND-CENTRAL BANK

GENEVA ⿿ The Swiss Cabinet appoints a new chairman for the central bank, which adopted a new code of conduct in the wake of its former chairman's resignation due to public furor over his family's private currency trading. By John Heilprin.

AP Photos.

⿿ BRITAIN-ECONOMY ⿿ Markets rein in Bank of England stimulus forecasts.

⿿ SPAIN-BAD LOANS ⿿ The Bank of Spain says Spanish banks' bad loan ratio has risen to 8.1 percent, the highest in 18 years.

⿿ BRITAIN-EARNS-TESCO ⿿ Tesco PLC, Britain's largest supermarket operator, will invest 1 billion pounds ($1.6 billion) to spruce up U.K. stores after a difficult year.

⿿ OMAN-HSBC ⿿ HSBC Holdings PLC will combine its Omani division with local lender Oman International Bank in a deal that will give it control of just over half of the combined company.

« First ‹ Previous 1 2 3 4 5 6 Next › Last »