Delta’s Net Loss Increases

Delta has reported its financial results for the quarter ended June 20,2005. These include a net loss of $382 million, or $2.64 per share compared to $2.0 billion, or $15.79 per share a year ago.

Fed To Continue Raising Rates at Gradual Pace

Federal Reserve Chairman Alan Greenspan told Congress yesterday in a semi-annual testimony, that the Fed should continue to raise interest rates as the growth outlook in the U.S. remains positive.

New Google China Head, Hunted Away from Microsoft

Back in the good old days, headhunters never got sued. If a lawyer went nuts on you, there was always a good shrink available. Being a headhunter meant never having to say you were sorry. Corporate law has evolved substantially since then.