Wednesday, May 13, 2009

in the news EU Antitrust, AIG, the Pope re: Palestinian state

Europe Fines Intel a Record $1.45 Billion in Antitrust Case
The European Commission fined Intel a record $1.45 billion on Wednesday for abusing its dominance in the computer chip market to exclude its only serious rival, Advanced Micro Devices. (New York Times)

Officials Knew of AIG Bonuses Months Before Firestorm
As American International Group chief executive Edward M. Liddy returns to Washington to face Congress today, new details are emerging about how long federal officials were aware of the company's recent bonus payments to its executives and of how inflammatory the payments could be. (Washington Post)

Pope calls for Palestinian state
Pope Benedict XVI has offered his support for the Palestinians' right to a homeland, as he continues a Middle East tour in the West Bank. (BBC)

Posted via web from jimnichols's posterous

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