Reuters - U.S. stocks rallied on Thursday, as
investors were relieved after Federal Reserve Chairman Ben
Bernanke steered clear of fueling inflation concerns, and
strong earnings from investment bank Bear Stearns Cos.
boosted financial shares.
Reuters - Microsoft Corp. said on
Thursday that chairman Bill Gates will stop taking a day-to-day
role in the software giant he founded in order to do more work
with his charitable foundation.
Oracle says results to top forecast
(Reuters) Reuters - Business software maker Oracle
Corp. on Thursday said its fourth-quarter earnings are
expected to beat company forecasts as new software license
revenue increased a better-than-expected 32 percent.
Reuters - U.S. inflation developments "bear
watching," but the impact of high energy costs on other prices
has been limited and the economy will adjust over time, Federal
Reserve Chairman Ben Bernanke declared on Thursday.
