AB InBev unveils U.S. job cuts in savings drive

BRUSSELS (Reuters) – Anheuser-Busch InBev , the world’s largest brewer, announced plans on Monday to cut 1,400 jobs in the United States, some 6 percent of the workforce there, as it sought a return on its $52 billion merger.

BCE deal stands on brink of collapse

TORONTO (Reuters) – A C$34.8 billion ($27.6 billion) leveraged buyout of BCE Inc , Canada’s biggest telecom company, is all but certain to collapse later this week as the prospects of a last-minute rescue grows dimmer.

Homeowners re-defaulting after getting aid

WASHINGTON (Reuters) – Recent data suggests that many borrowers who received help with mortgage modifications earlier this year tended to re-default on their payments, a top U.S. banking regulator said on Monday.

NTT America Announces New Web Site for Its Enterprise Hosting Business

NEW YORK–NTT America, a wholly owned US subsidiary of NTT Communications Corporation, today announced the launch of a new web site specifically designed for enterprises and businesses seeking information on its Enterprise Hosting solutions and

Qualcomm Unveils PC Alternative for Bringing Internet Access to Developing Markets Worldwide

EDN ASIA MAGAZINE (Technology News, 09 Dec 2008 ) Qualcomm Incorporated has announced a new PC alternative to make high-speed wireless Internet access more widely available and affordable in emerging markets. The Kayak PC alternative leverages the

$15 billion auto bailout taking final shape

WASHINGTON (Reuters) – The White House and congressional Democrats were expected to finalize on Monday a $15 billion proposal to bail out automakers, a plan that will carry stiff conditions to sell the package to lawmakers.