In the News
When you're on top, everyone wants what you have. Nokia Corp. (NOK), the world's biggest cellphone maker, said it has filed a suit in a US district court against Apple Inc. (AAPL) alleging that Apple's iPhone infringes on its patents. Maybe Nokia wants a wireless carrier to activate 3.2 million of its devices in one quarter.
More sour grapes than bad Apple
AT&T (T) may have activated a record number or wireless devices in Q3, but its net income dipped as revenue from traditional landlines fell faster than the company could cut costs.
Kenneth Feinberg, the pay czar appointed by the Obama administration, has issued his ruling and Wall Street executives are not happy to say the least. The U.S. Treasury and the Federal Reserve preceded his annoucement with its own set of curbs and rules for executive compensation at U.S. banks.
Video -- Obama on Exec Pay
Pay-Cut Plan More Like Bunt than Home Run
Video -- Debating Exec Pay Cuts
Big pay cuts ... what about Goldman?
Additional economic indicators provided some more mixed signals about the economy. The Conference Board announced that the Index of Leading Economic Indicators jumped 1.0 percent in September. That marks its sixth straight monthly increase. According to Freddie Mac (FRE), U.S. 30-year fixed-rate mortgages rose for a second straight week. Analysts are concerned that the increase will eventually slow demand for new mortgages. Despite the increase in mortgage rates, this is the perfect time to a purchase home, especially since home prices fell a seasonally adjusted 0.3% in August.
Have we really hit the bottom of the real estate housing market?
Video -- Extend Homebuyer Tax Credit?
The number of individuals filing initial claims for unemployment benefits crept up last week . Jobless claims increased 11,000 to 531,000 surpassing analysts' expectations.
McDonald's (MCD) is still showing its competitors how it's done. The world's largest restaurant company posted a profit that topped expectations and said September sales improved as consumers continue to eat up their low-cost meals.
Another industry giant, United Parcel Service Inc. (UPS) said third-quarter profit fell 43 percent as a decline in domestic shipping cut into its earnings.
Other Juicy Tidbits
The Worst-Run Companies of 2009
The U.S can claim its retirement-income system is better than at least five others, according to a recent study.
Biggest Windows bloopers -- Microsoft Windows is by far the most widely used operating system in the world, but there were a few big bumps in the road on the way to global domination.
Wall Street run amok? Blame Harvard -- A Harvard Business School alumnus argues that the brand of business taught today at his alma mater and elsewhere needs a serious overhaul.
10 Products That Boomed During the Recession
Why expanding home buyers credit is a mistake | 
