According to Reuters, Microsoft’s (MSFT) CEO defended the company’s move heyond the desktop.
Reuters writes that Amgen (AMGN) turned in better than expected results as several key drugs did well.
Reuters reports that GAP (GPS) hired a new CEO.
Reuters writes that McDonald’s (MCD) was sued in China for having most of its receipts printed in English.
Reuters reports that the president of Sony (SNE) said there would be no more price cuts for the PS3.
The Wall Street Journal writes that KKR may have to postpone its IPO due to trouble in the private equity markets.
The Wall Street Journal also reports that the European antitrust has sued Intel (INTC) for using illegal tactics to compete with AMD (AMD).
Douglas A McIntyre