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February 22, 2012
KFGO Studio: 701.237.5948
KFGO Business News
February 22, 2012
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Microsoft Hits Motorola, Google With EU Complaint
Microsoft on Wednesday lodged a formal complaint with the European Union's competition regulator against Motorola Mobility and its soon-to-be owner Google. READ MORE
T-Mobile Asks FCC To Block Verizon-Cable Deal
T-Mobile USA is urging the federal government to block Verizon's planned purchase spectrum from cable companies for $3.9 billion. READ MORE
Home Sales Jump More Than Four Percent In January
Home sales rose in January to the highest pace in nearly two years, flashing signs of health ahead of the spring-buying season. READ MORE
Wal-Mart's Fourth Quarter Profits Slip; U.S. Business Rebounding
Wal-Mart Stores Inc. is reporting a 4.2 percent decline in fourth-quarter profits. READ MORE
U.S. Stock Futures Higher After Greek Bailout Deal
U.S. stock futures are higher after Europe finally put together a bailout for Greece. Dow Jones industrial average futures are up 36 points at 12,965. READ MORE
Netflix Strikes Movie Deal With Weinstein Company
Netflix says it will stream certain movies from The Weinstein Co., including "The Artist," under an exclusive licensing agreement. READ MORE
Dow Edges Closer To 13,000 Milestone
U.S. stocks are opening higher and the Dow Jones industrial average is nearing 13,000 after Greece secured a bailout deal to keep it from default. READ MORE
Nevada Approves Regulations For Self-Driving Cars
Nevada is envisioning a day when taxicabs might shuttle fares without a driver, or people with medical conditions that make them ineligible for a license could get around with a virtual chauffeur. READ MORE
Lower Chinese Court Rules Shops Should Pull iPads
Apple's dispute over the iPad trademark deepened Monday after the Chinese company that claims ownership of the name said it won a court ruling against sales of the popular tablet computer in China. READ MORE
Ex-Glock Attorney Accused Of Stealing Millions
The vice president of Glock Inc. confessed nine years ago to the company's founder that he and another top lieutenant had been stealing millions from the gun maker. READ MORE
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