IMF says risks to global growth have intensified (Reuters)

Reuters - The International Monetary Fund said on Friday that downside risks to global recovery have intensified due to recent turbulence in sovereign debt markets and continued weakness in the financial sector.

EPA orders Enbridge to stop Ill. pipeline spill (AP)

AP - The Environmental Protection Agency on Friday ordered Enbridge Energy Partners to stop the flow of oil from its leaking pipeline outside of Chicago by noon Monday.

Chrysler bosses sue over lost pensions (AFP)

AFP - More than 450 Chrysler bosses including ex-chairman Lee Iacocca sued Daimler AG and Cerberus Friday claiming they lost 100 million dollars in pensions in the automaker's bankruptcy.

2 plead guilty in Wash. to massive tax scheme (AP)

AP - Two Seattle-area men pleaded guilty Friday to federal charges stemming from an illegal tax shelter that enabled wealthy clients — including philanthropist Robert Wood Johnson IV and Hollywood mogul Haim Saban — to avoid paying taxes on $1.3 billion in capital gains.

Investors, prepare for volatility (Reuters)

Reuters - Investors are using options to brace for big swings next week as Wall Street enters the peak of the most volatile month for stocks historically.

IMF warns of debt menace as recovery slows (AFP)

AFP - High levels of national debt and a still shaky financial sector threaten to derail the global economic recovery, the IMF warned on Friday.

Market gains as economic outlook brightens (Reuters)

Reuters - The Dow and S&P 500 closed the week with their seventh gain in eight sessions in a turnaround period for stocks that has seen investors' worst fears about the economy start to dissipate.

Geoghegan replaces Feinberg as pay czar (Reuters)

Reuters - The Treasury Department has selected Patricia Geoghegan to replace Kenneth Feinberg as the "pay czar" overseeing compensation at companies bailed out by the government.

Apple to end free case offer for iPhone 4 on Sept. 30 (Ben Patterson)

Ben Patterson - Claiming that the iPhone 4’s infamous "death grip" problem is "even smaller than we originally thought," Apple announced Friday that it would end its offer of free cases for all iPhone 4 owners by the end of the month.

Apple to end free iPhone case program September 30 (Reuters)

Reuters - Apple Inc said on Friday it will end its free iPhone case giveaway at the end of September, saying the antenna problem was smaller than the company originally thought.

Wholesale Inventories Edge Higher

U.S. wholesale inventories rose 1.3 percent in July above an upwardly revised climb in June, the Commerce Department said Friday.

Appeals court rules some software can't be bought (AP)

AP - A federal appeals court has ruled computer software programs can't be resold under widely used licensing agreements that handcuff the program's original buyer.

Yahoo! News launches ‘Ask America’ (The Upshot)

The Upshot - Yahoo! News is pleased to announce today the launch of an amazing social-media hub for the midterm elections called "Ask America." Ask America is a great way to dig in on the big questions driving our national and local political discussions. Want to know what people think about the state of the economy, the rise [...]

Toys R Us posts loss on costs and international weakness (Reuters)

Reuters - Toys R Us Inc , which is looking to go public, reported a quarterly loss on higher costs and weakness in its international business.

Judge allows subpoenas for Internet users (AP)

AP - A federal judge on Friday allowed the holder of a movie copyright to subpoena the names of people accused of illegally downloading and distributing a film over the Internet.

US widens probe of HP bribery allegations (AP)

AP - U.S. investigators have widened their probe of alleged kickbacks paid to Russian authorities by employees of a Hewlett-Packard Co. subsidiary in Germany.

Banks mull BlackBerry options for corporate email (Reuters)

Reuters - JPMorgan Chase & Co and UBS are considering allowing employees to access corporate email using Apple iPhones or other alternatives to their standard-issue Research in Motion BlackBerry.

Judge approves Sun Country bankruptcy plan (AP)

AP - Sun Country Airlines said a bankruptcy judge approved its reorganization plan on Friday, putting it another step closer to emerging from Chapter 11 protection.

Will DVD kiosks begin slow fade in 2012? (Ben Patterson)

Ben Patterson - DVD rental kiosks from Redbox and Blockbuster seem to be popping up on every corner these days, but home-video market analysts are predicting that demand for the ultra-convenient kiosks could soon start cooling off as video streaming and video-on-demand gain in popularity.

'Halo: Reach' aims to grab gamers again (AP)

AP - Since fans lined up at midnight nearly three years ago for the release of the last "Halo" video game, a recession struck the economy, President Barack Obama took office and "Call of Duty: Modern Warfare 2" became the best-selling shooter game of all time. When the prequel "Halo: Reach" debuts Sept. 14, it will land on a very different world.

Security firms issue warning over email worm (AFP)

AFP - Computer security firms issued warnings on Friday over a computer virus that arrives by email offering downloads of "free sex movies" or documents.

Where to Buy a Home for Less Than $800 a Month (U.S. News & World Report)

U.S. News & World Report - While the nation's real estate crash has been a nightmare for homeowners, it has created some outstanding opportunities for would-be buyers. Home prices in 20 major cities dropped 33 percent from the summer of 2006 to the spring of 2009--and in certain markets, the plunge was even steeper. At the same time, the federal government's efforts to revive the housing market have helped drive financing costs to record lows. Thirty-year fixed mortgage rates fell to an average of 4.32 percent for the week ending September 2. That's the lowest level in nearly 40 years of record-keeping. ...

WikiMobile Encyclopedia lets you bring Wikipedia on the road (Appolicious)

Appolicious - How much do two million Wikipedia articles weigh? About as much as your Android phone. WikiMobile Encyclopedia delivers the content of Wikipedia to your phone in an Android app. It works, but it's not the only game in town for accessing Wikipedia material over a cell phone.

Linux Wi-Fi Gets Easier with New Broadcom Driver (PC World)

PC World - Wireless chip maker Broadcom on Thursday announced good news for Linux users in the form of a fully open wireless driver that's compatible with the operating system.

July wholesale inventories jump 1.3 percent

Wholesale inventories surged the most in two years in July, adding to signs that economic growth in the third quarter of the year may prove a bit stronger than many forecasters had expected.

Nokia dumps CEO, turns to Microsoft exec (AP)

AP - Nokia Corp. is replacing CEO Olli-Pekka Kallasvuo with Microsoft executive Stephen Elop as the world's top maker of mobile phones aims to regain lost ground in the fiercely competitive smart phone market.

US wholesale inventories jump 1.3% in July

"Here You Have" E-mail Virus Clogs Corporate Inboxes (Mashable)

Mashable - An e-mail virus, dubbed "Here You Have" because of its subject line, has reportedly infected corporate networks of major companies like AIG, Procter & Gamble, Comcast, Disney and even Google since Thursday.

Google benefits from Apple’s rules change (Appolicious)

Appolicious - Apple has let down its guard a bit, loosening regulations around the app approval process. This signifies a major move for Apple, as its top-down approach to controlling apps in the iTunes App Store has been a hot button topic for several months now.

Wholesale Inventories Rise Sharply In July

(RTTNews) - US wholesale inventories rose the most in two years in July, a sign that merchants expect consumer demand to pick up. Inventories rose 1.3% to $405.0 billion in July from the previous months upwardly revised levels, according to a report from the Commerce Department released Friday.

Treasury's Barr to testify on Fannie and Freddie (Reuters)

Reuters - Michael Barr, assistant treasury secretary for financial institutions, and Edward DeMarco, acting director of the Federal Housing Finance Agency will testify on Capitol Hill next week on the future of Fannie Mae and Freddie Mac .

Greece pledges to overhaul loss-making state rail (AP)

AP - The Greek government pledged Friday to radically overhaul loss-making state rail company OSE, as official data showed efforts to cut the country's bloated budget deficit remained on track, if slightly asthmatic.

Obama says growing economy will ease poverty (AP)

AP - When it comes to fighting poverty, President Barack Obama says the most important thing he can do is to make the economy grow more quickly so that there are more jobs for everyone.

Wholesale Inventories Rise 1.3 Percent in July

Wholesale inventories increase in July by largest amount in 2 years while sales post rebound Business - Government - Wholesale Trade - United States - Conferences

Nokia brings in Microsoft exec to replace CEO (Reuters)

Reuters - Nokia has hired Stephen Elop, a Canadian Microsoft executive with Silicon Valley credentials, to replace its embattled chief executive and renew its drive to compete with Apple.

Wholesale inventories rise 1.3 percent in July

Inventories held by wholesalers surged in July by the largest amount in two years while sales rebounded after two straight declines. The Commerce Department said Friday that wholesale inventories rose 1.3 percent in July, the best performance since July 2008... Wholesale - Business - Conferences - Computer Science - Wholesale Trade

Wholesale inventories increase in July by largest amount in 2 years while sales...

Wholesale inventories increase in July by largest amount in 2 years while sales post rebound.

Sep 10: Wholesale Inventories Rise

Wholesale Inventories up 1.3%

Sep 10: Wholesale Inventories

Wholesale Inventories today at 10:00 AM EST

"Here You Have" Virus Demonstrates Need to Improve Malware Security (PC World)

PC World - A worm known affectionately as "Here You Have" based on the subject line of the infected e-mail used to propagate it has quickly spread into a global malware attack. The efficacy of the simple, and poorly worded e-mail luring users to click on a malicious link demonstrates why we need a whole new approach to malware defense.

Admissions Q&A: Brigham Young (BusinessWeek)

BusinessWeek - Brigham Young University's Marriott School of Management (Marriott Full-Time MBA Profile) offers students more than a rigorous business education. Students at the school, owned by the Church of Jesus Christ of Latter-day Saints, are required to abide by a strict honor code, based on the tenets of the Mormon religion. The code includes rules against academic dishonesty and requires students to "live a chaste and virtuous life." It also prohibits drugs, alcohol, and coffee -- even at home. ...

Hurd's Oracle gig: Is Ellison perk or problem? (AP)

AP - As co-president at Oracle Corp., ousted Hewlett-Packard Co. CEO Mark Hurd will have to adapt to a new role playing second fiddle to one of Silicon Valley's most domineering bosses — Larry Ellison.

Shoe seller DSW's operator says 2Q profit jumps (AP)

AP - Retail Ventures Inc., which operates the DSW shoe store chain, posted a 67 percent jump in second-quarter net income as a key revenue figure improved.

Wall Street's super traders come under fire (AFP)

AFP - A handful of traders who master stock markets using ultra-fast computers may soon face a clampdown by US watchdogs as they try to prevent freak electronic glitches.

Wholesale Costume Club Launches Their Halloween Costume Fundraising Program

Wholesale Costume Club, the only wholesale club offering costumes at the lowest prices with no minimum order requirements, is pleased to announce their innovative Halloween Costume Fundraising Program.