Oracle net profit jumps, but outlook cautious (Reuters)

June 25, 2008

Charles E. Phillips, Jr., president of leading software giant Oracle Corporation, speaks during a news conference in Bombay July 22, 2004. (Punit Paranjpe/Reuters)Reuters - Oracle Corp reported a 27 percent rise in quarterly profit as sales of new software beat expectations, but the company gave a cautious outlook citing economic uncertainties, and its shares fell 3 percent.


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Lawmakers disagree over defining online gambling (AP)

June 25, 2008
AP - Lawmakers failed Wednesday to agree on setting a clear definition of illegal Internet gambling to go along with a ban on online betting passed in 2006.No tag for this post.

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The (Baltimore) Sun details plans to cut 100 jobs (AP)

June 25, 2008
AP - The (Baltimore) Sun will cut about 100 jobs, including 55 to 60 in the newsroom, through buyouts, layoffs and the closing of open positions. The latest in a series of cuts to the venerable newspaper were announced Wednesday in a memo from publisher Tim Ryan to the newspaper staff.No tag for this post.

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