This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

BC-Business News Digest

AP Photos.

â¿¿ VERTEX PHARMA-BLACK BOX WARNING â¿¿ The Food and Drug Administration is attaching a black box warning to the Vertex Pharmaceuticals hepatitis C treatment Incivek over a potentially fatal rash.

â¿¿ GERMANY-PORSCHE â¿¿ German prosecutors have charged two former Porsche executives with market manipulation in connection with the sports car company's failed takeover of Volkswagen.

TECHNOLOGY & MEDIA

MARTHA STEWART LIVING-CEO

NEW YORK â¿¿ The CEO of media company Martha Stewart Living Omnimedia, Lisa Gersh, is stepping down after less than a year at the job.

BRITAIN-BBC

LONDON â¿¿ Institutional chaos and confusion â¿¿ but not a cover-up â¿¿ were to blame for the BBC's disastrous handling of pedophilia allegations involving one of its best-known children's television personalities, an internal review found Wednesday. The review absolved BBC executives of trying to bury a potentially embarrassing story, saying that weak management and poor leadership were to blame for the fact that a planned expose about the late TV star, Jimmy Savile, never aired. By Raphael Satter.

AP photos

KODAK-PATENT SALE

ROCHESTER, N.Y. â¿¿ Eastman Kodak will receive about $525 million from the sale of its digital imaging patents, money the struggling photo pioneer says will help it emerge from bankruptcy protection in the first half of next year.

DIGITAL LIFE-TECH TEST-THE POCKET AUDIOPHILE

ATLANTA â¿¿ It's hard to make headlines with a portable music player these days. It's old hat by now to carry around thousands of songs in your hip pocket, whether on an iPod or a smartphone. But there's been a price for portability. You are listening to your favorite music delivered only after a host of technology has diminished the resolution of the audio. It sounds fine, but the makers of a new portable music player are betting there are still some people out there who want even better quality â¿¿ and are willing to pay. By Ron Harris.

5 of 8

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
SYM TRADE IT LAST %CHG

Markets

DOW 17,826.30 -279.47 -1.54%
S&P 500 2,081.18 -23.81 -1.13%
NASDAQ 4,931.8150 -75.9760 -1.52%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs