Iraqi city of mosul. 20,00025,000 troops will be needed. U. S. Advisers will be training the iraqi brigade. The Cleveland Browns general manager has apologized for texting at least one browns coach during the game. Thats a violation of nfl rules about game communications. Cleveland could even be docked a draft pick. Intuit reports sales gains in the second quarter, but a wider loss of 66 million. Meanwhile intuit says its sales of turbotax online is a 19 so far this tax season. Desktop sales fell 7 after a price hike. Now to the lead. It is apple versus a123 systems. They sued apple, claiming they illegally poached information. The case has been moved to a federal court in boston this week. How serious are the allegations . Tim has all the details from the newsroom. This is really interesting area first, how serious are these allegations . Just the notion these guys cannot take services, like lebron james, they move their talents to cupertino. Access one of the beauties of Silicon Vall
Dollars and hour by april and 10 an hour by next february. The minimum wage is seven dollars 20 five cents. Walmart has long been criticized for labor practices which have led people filing for food stamps while on the job. Priceline shares having their best day in two years after the Online Travel company said fourthquarter bookings were up 17 from last year. A Strong Performance internationally. They now get 17 of the revenue outside the u. S. The ceo says the company will focus on Getting International growth out of opentable, the restaurant Reservation Service it. Last year. Interest looking to join a elite club an elite club of startups. Pinterest is seeking 500 million in funding, creating a valuation of 11 billion double what the company was valued at in may. The scrapbook website has just started to try to monetize its that form, working on a buy button and voted promoted pins as well. Right now, its apple versus a one to three systems, the company suing apple saying they poach
Were better than expected. They make the biggest overseas acquisition snatching up their assets. The deal will help cut debt. Youre watching Worldwide Exchange. Bringing you Business News from around the globe. On friday of course we heard news of greeces four month extension to its bailout program. That did come with the need for them to submit a list to its creditors of the necessary forms it was going to carry out. That was meant to be submitted yesterday. It has certainly been submitted by now because were getting use of whats on the greek reform list. It includes the fact that they say theyre going to consolidate Pension Funds and reform tax policy and fight evasion. They also said they will respect the privatizations where it has already been launched and theyll phase in a new approach to collective wage bargaining that does include new proposals. We just want to get you up to speed with the Market Reaction were seeing the Greek Stock Market is up better than 5 . Bond yields in g
Unemployment in italys still at record levels. European unemployment at record levels, near record levels. The markets are trying to make up their mind. The dax relative to the rest london up by 4 10 of 1 . Lets see if the commodities are doing anything. Three companies which caught my eye, vivendi delivered the numbers on friday night. The revised the numbers they revised the numbers because of an Additional Charge in regards to mortgage related litigation. Morgan stanley settled their mortgagebacked litigation last week. It prompted Credit Suisse to take this move. They have up their provisions upped their provisions for litigation. Alcatellucent will return this year and be paid cash. The ceo we will talk to him tomorrow. Caroline has him on her roster of guests. The bounty vivendi is down 4. 65 . They plan to return almost 6 billion euros to shareholders. What is interesting is the net income came in at 2 billion. That was 550 a year ago. Lets keep an eye on vivendi. That Share Buy
In six years as profits rise to 1. 8 billion pounds. Lawmakers face a tough extension on greeces bailout extension. Youre watching Worldwide Exchange bringing Business News from around the globe. Lets kick off with markets and the strong month that they have had. Really across the globe. Im kicking off with europe. Lets have a look at the dax. Germany up 5. 9 . Were approaching qe kicking off but the announcement was back in january. Quite a surprise germany has been so strong. Gdp came in the middle of the month much stronger than expected and concerns over greece as we come closer to the end of the month. Just below flat today having touched another record high earlier in todays trade but were up 5. 83 for the month as a whole. Where the headlines return is a descent return. The best data point we had this month was wage growth at 2. 1 seen as very positive for the fundamental economy. Worth baring in mind we have seen sterling strengthen by 2. 25 . Its almost as good as the dax. Now