NEW YORK (
) -- "Small people" is a popular search phrase on Google after
chairman used the phrase during a press conference.
"I hear comments sometimes that large oil companies are greedy companies or don't care, but that is not the case with BP. We care about the small people," Carl-Henric Svanberg said. He later apologizes for speaking "clumsily."
BP's CEO Tony Hayward is scheduled to testify in front of Congress today regarding the damage created by the oil spill in the Gulf of Mexico.
"Xbox 360 slim" is a trending topic after
unveiled its newest video-game console at the Electronic Entertainment Expo. The gaming console is thinner than previous models, has a built-in 802.11n WiFi and 250GB removable hard drive. The device will cost consumers $299.99.
Microsoft also showed off its Kinect, a motion-gaming device that will allow gamers to control on-screen action with body movements. The device will launch in time for Christmas on Nov. 4.
Also coming out of E3 is
Social networking site Bebo is making headlines after
said it is selling the unit to private-equity firm Criterion Capital Partners.
AOL did not reveal how much it will garner for the sales. The company purchased the site back in 2008 for $850 million.
The chatter on Main Street (a.k.a. Google) is always of interest to investors on Wall Street. Thus, each day, TheStreet compiles the stories that are trending on Google, and highlights the news that could make stocks move.
-- Reported by Jeanine Poggi in New York.
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