Monday, March 1, 2010

Buffett: Economy on mend, health care big problem | Reuters

NEW YORK, Mar 1 Reuters) - Warren Buffett said the U.S. economy has passed the worst of its troubles, but faces an uneven recovery as consumers keep a tight rein on spending.

"We got past Pearl Harbor," Buffett said on Monday on the CNBC business news channel. "We will win the war, and it's going slightly our way."

Buffett said business remains "slow" in many areas, including at his Berkshire Hathaway Inc (BRKa.N)(BRKb.N), as consumers adopt a more cautious mindset about spending.

He also said consumers must fend off "out of control" health care costs, which he called "a national emergency" and a "tapeworm" eating at the economy.
Click here for the complete article. Buffett: Economy on mend, health care big problem | Reuters

Saturday, January 30, 2010

AFP: YouTube to stream IPL cricket live: Google

MUMBAI — Google announced Wednesday its videosharing website YouTube will stream all Indian Premier League cricket matches live in a deal that highlights the Internet giant's broadcasting ambitions.

The third season of the lucrative IPL, which features the world's top players in eight teams owned by rich businessmen and Bollywood stars, will be held in March and April this year.

Under the terms of the agreement, Google will have exclusive online rights for IPL content for two years, and Google and IPL will jointly share revenues from sponsorship and advertising.


Click here for the complete story.

Friday, January 8, 2010

Green Cars in India -- Slideshow for New Delhi Auto show

NEW DELHI—Toyota Motor Corp.'s Prius and a number of other green-themed vehicles got their India debut at this week's New Delhi Auto Expo, but auto executives and experts agree it will be years before many people buy them. Click for the complete story and the slideshow.