Oil falls to near $36 ahead of busy earnings week - Yahoo! Finance
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Sunday, January 18, 2009
Wednesday, January 14, 2009
IBM wins most U.S. patents in 2008 | Technology | Reuters
IBM wins most U.S. patents in 2008 | Technology | Reuters: "1 of 1Full Size(Reuters) - International Business Machines Corp said on Wednesday it became the first company ever to win more than 4,000 U.S. patents in a single year, citing a new report from research firm IFI Patent Intelligence.
IBM said it earned 4,186 U.S. patents in 2008, more than triple the number of patents earned by rival Hewlett-Packard.
Microsoft Corp earned 2,030 patents, while Intel Corp had 1,776 and Hewlett-Packard 1,424, according to the report, which compiled data from the U.S. Patent and Trademark Office. Korean electronics giant Samsung Electronics had the second-highest number of patents at 3,515.
A wireless system that detects a child's presence in a baby car seat and a method for blind people to find their way around using radio frequency identification are among the patents IBM Scientists won in 2008, IBM said.
The company also earned a patent for developing a cheaper way to build nanotechnology used to make chips.
The Armonk, New York-based company said it plans to increase by 50 percent -- to more than 3,000 -- the number of technical inventions it publishes annually instead of seeking patent protection in an attempt to spur open and wide-scale innovation.
IBM also said it would contribute the capabilities of IBM Research to a collaborative project that is developing an empirical measure of patent quality.
(Reporting by Ajay Kamalakaran in Bangalore and Anupreeta Das in San Francisco; Editing by Jon Loades-Carter)"
IBM said it earned 4,186 U.S. patents in 2008, more than triple the number of patents earned by rival Hewlett-Packard.
Microsoft Corp earned 2,030 patents, while Intel Corp had 1,776 and Hewlett-Packard 1,424, according to the report, which compiled data from the U.S. Patent and Trademark Office. Korean electronics giant Samsung Electronics had the second-highest number of patents at 3,515.
A wireless system that detects a child's presence in a baby car seat and a method for blind people to find their way around using radio frequency identification are among the patents IBM Scientists won in 2008, IBM said.
The company also earned a patent for developing a cheaper way to build nanotechnology used to make chips.
The Armonk, New York-based company said it plans to increase by 50 percent -- to more than 3,000 -- the number of technical inventions it publishes annually instead of seeking patent protection in an attempt to spur open and wide-scale innovation.
IBM also said it would contribute the capabilities of IBM Research to a collaborative project that is developing an empirical measure of patent quality.
(Reporting by Ajay Kamalakaran in Bangalore and Anupreeta Das in San Francisco; Editing by Jon Loades-Carter)"
Bloomberg.com: U.S.
Bloomberg.com: U.S.: "Jan. 14 (Bloomberg) -- Inventories at U.S. businesses fell for a third straight month in November as companies tried to keep up with plunging demand, a government report showed.
The value of unsold goods at factories, retailers and wholesalers fell 0.7 percent, more than forecast, following a 0.6 percent decline in October, the Commerce Department said today in Washington. Sales dropped 5.1 percent, the most since records began in 1992.
Businesses had enough goods on hand in November to last 1.41 months at the current sales pace, the most since 2001. A decline in sales at the end of the year, also reported by Commerce today, indicates companies will need to continue to cut stockpiles in coming months.
“We’re not getting inventories down enough” given how quickly sales are falling, said Stephen Gallagher, chief U.S. economist at Societe Generale in New York, in a Bloomberg Television interview. “It is going to lead to production cuts in the early part of this year.”"
The value of unsold goods at factories, retailers and wholesalers fell 0.7 percent, more than forecast, following a 0.6 percent decline in October, the Commerce Department said today in Washington. Sales dropped 5.1 percent, the most since records began in 1992.
Businesses had enough goods on hand in November to last 1.41 months at the current sales pace, the most since 2001. A decline in sales at the end of the year, also reported by Commerce today, indicates companies will need to continue to cut stockpiles in coming months.
“We’re not getting inventories down enough” given how quickly sales are falling, said Stephen Gallagher, chief U.S. economist at Societe Generale in New York, in a Bloomberg Television interview. “It is going to lead to production cuts in the early part of this year.”"
China revises 2007 growth rate to 13% - MarketWatch
China revises 2007 growth rate to 13% - MarketWatch
The Chinese economy expanded a revised 13% in 2007 from a year earlier, up from an original estimate of 11.9%, the National Bureau of Statistics said in a statement on its Web site.
The higher growth data contributed 777.6 billion yuan ($113.8 billion) to the size of China's economy at the end of 2007, lifting the overall value of goods and services produced to 25.731 trillion yuan ($3.766 trillion).
According to calculations by Merrill Lynch, Germany's GDP was $3.54 trillion in 2007, using end-of-year exchange rates.
The Chinese economy expanded a revised 13% in 2007 from a year earlier, up from an original estimate of 11.9%, the National Bureau of Statistics said in a statement on its Web site.
The higher growth data contributed 777.6 billion yuan ($113.8 billion) to the size of China's economy at the end of 2007, lifting the overall value of goods and services produced to 25.731 trillion yuan ($3.766 trillion).
According to calculations by Merrill Lynch, Germany's GDP was $3.54 trillion in 2007, using end-of-year exchange rates.
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