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    Last update: December 22, 2009

    +Bewkes Replaces Parsons at Time Warner
      Time Warner Inc. announced the promotion of Jeff Bewkes to chief executive, succeeding Richard Parsons at the start of 2008, following the approval of the board earlier today.

    +Latest Market News
      

    +Auto Workers Endorse Ford Labor Contract
      DEARBORN, Michigan (Reuters) - Representatives from local bargaining units of the United Auto Workers union on Monday voted unanimously to endorse a tentative, four-year contract with Ford Motor Co (F.N), union officials leaving a closed-door meeting on the deal said on Monday.

    +Gas Prices Jump Back Above $3
      NEW YORK (Nov. 4) - It will cost significantly more to fill your car's gas tank than even a couple of weeks ago as prices at the pumps reflect soaring crude oil prices, and they are likely to keep rising, according to the latest survey by an industry analyst.

    +Google Reveals Phone Plans at Long Last
      NEW YORK (Nov. 4) -- Google today plans to announce the formation of an "open phone"coalition, with the goal of developing an operating system for the so-called Google Phone. The new operating system, geared specifically for cellphones, will be used to showcase and promote Google's ever-growing panoply of services, much like Microsoft has done for decades with its Windows operating system.

    +New Hope for Fallen Stars?
      TK

    +Cut! Hollywood Writers Go on Strike
      LOS ANGELES (Reuters) - Film and television writers went on strike on Monday, after last-minute talks aimed at averting the Writers Guild of America's first walkout in almost two decades collapsed.

    +Supermodel Rejects the U.S. Dollar
      

    +PetroChina Is First to $1 Trillion
      SHANGHAI, China (AP) - Chinese energy conglomerate PetroChina'sshares tripled in value in its trading debut Monday in Shanghai, asit surged past Exxon Mobil to become the world's most highly valuedcompany by market capitalization.

    +IAC to Split Into 5 Separate Busineses
      IAC announced today that its board has approved a plan to separate IAC into five publicly traded companies, separating its core Internet businesses from its ticketing, home-shopping businesses, vacation and lending businesses.

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