Google's license in China is renewed

Date: Fri, 09 Jul 2010 12:01:42 -0400

Google's license in China is renewed:
Google Inc. said Friday that its license to operate its
Internet-search services in China was renewed by the country's
authorities.

FINGERS CROSSED AS SECOND-QUARTER EARNINGS LOOM
Companies are slowly mending their bottom lines, but they're
struggling with cautious consumers, tougher comparisons and
unfavorable currency fluctuations, upcoming second-quarter results are
likely to show.

U.S. STOCKS GET MODEST BOOST FROM INVENTORIES DATA
U.S. stocks edge higher Friday following a rise in wholesale
inventories that met expectations and as investors grew hopeful for
the second-quarter earnings reports set to begin next week.

EUROPE STOCKS SPORT BEST ONE-WEEK GAIN IN YEAR
European shares closed higher Friday for the fourth straight session
to wrap up the best week in a year.

SMARTPHONE MAKERS HIT WITH BROAD PATENT LAWSUIT
A firm that won a massive settlement over the BlackBerry wireless
e-mail system four years ago is now going after the latest entrants to
the smartphone market.