Monday, July 18, 2005

Monday July 18th

We are extremely busy today, I would post only some short Stories, But Tomorrow I will have Market Summary.


The Australian Broadcasting Corp. cast a 1980s pop star in a made-for-television movie last year about a forensic accountant who chases paper trails and millions of missing dollars around the globe.

Visa USA yesterday said that it would no longer let Visa credit card issuers handle their transactions at payment processor CardSystems, where hackers gained potential access to over 40 million credit card accounts.



HP's thinning Hurd
Job cuts are a good start but HP CEO Mark Hurd needs to do more to get the company back on track.

The Mark Hurd era at Hewlett-Packard is off to a promising start. Shares are up more than 25 percent since Hurd, formerly the CEO of NCR, took over the helm in March.

Six-figure job: Stunt driver

Discount behemoth Wal-Mart announced Tuesday that it is seeking to establish an "industrial bank" in Utah that would help eliminate third-party transaction costs that the retailer currently incurs from processing of credit, debit card and electronic check transactions in its stores.

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