News Corp (as in, phone-hacking, police-bribing, bully parliamentarians News Corp) stock rises. Yes, rises. Clue: Live by the sword, die by the sword.
Euro-Zone lightens up the repayment terms for Greece’s debt, in part because the private sector (aka BANKS) also had to help out (Germany insisted). If you don’t get the whole Greece-In-Big-Trouble thing, my story will help.
Microsoft’s net income increased by 30% compared to last year’s Q2. It ain’t dead yet (although the article was rather gloomy) — have you *tried* Kinect??
We’re all still biting our nails about the US debt ceiling and potential default.
And in Canada? Well, < yawns > the Bank of Canada held their lending rate at 1%.
And in other news NORDSTROM’S ANNUAL ANNIVERSARY SALE IS ON NOW!