Award Show Review: For MTV, The Best May Have Been Off-Camera MTV squeezed in more performances during its annual Video Music Awards this year by cutting the performers down to size.... Read Full Article Bear Stearns Cuts 4 Percent Of Staff The company will cut 650 jobs in all departments from its staff of about 15,500. This marks the third wave of recent layoffs at the battered investment bank.... Read Full Article London Police Faulted In Shooting LONDON (AP) -- A jury on Thursday found London’s police force guilty of violating health and safety laws in a high-stakes anti-terrorist operation that led to the shooting death of a Brazilian man mis... Read Full Article Islamic Opposition Group Pulls Out Of Elections In Jordan After months of growing tension with the Jordanian government, the opposition Islamic Action Front abruptly withdrew from nationwide municipal council elections on Tuesday.... Read Full Article Music Review | Lee Konitz: Stirring Up Sound Waves And Giving Them New Shape At Zankel Hall on Monday, in a rigorous and semiretrospective show for the JVC Jazz Festival New York occasioned by his birthday, Lee Konitz gave plenty of his sound, but also loads of compositions.... Read Full Article |
Palm To Close Most Of Its Retail StoresPalm, the smartphone maker that is losing sales to BlackBerrys and iPhones, will close seven of eight of its retail stores next month. Palm also will shut 26 Airport Wireless stores before the end of its fiscal third quarter, the company said Saturday in an e-mailed statement. The store at Palm’s office in Sunnyvale, Calif., will remain open. Palm customers have fled to Research in Motion, maker of the BlackBerry device. Apple also is taking buyers away with its iPhone, which was introduced in June. Palm had said a shortage of parts would hurt production of its latest Treo smartphone. Sales this quarter will fall to $310 million to $320 million, the second consecutive decline, the company said in December. Analysts had expected $357.6 million in sales. Tag CloudExternal InformationAdditional InformationJeremy Paxman stretches his brief to tackle M&S over lack of support...Local market due for correction... Google and Friends to Gang Up on Facebook... Costco 1st-Quarter Profit Is Up, but Shares Fall... Where Am I?News Main Page - Business - Palm To Close Most Of Its Retail Stores |
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