Filed under: Newspapers, Magazines, Google (GOOG), Microsoft (MSFT), General Motors (GM), AT and T (T), AMR Corp (AMR)

MAJOR PAPERS:

• Under pressure to improve results, AMR Corporation (NYSE: AMR), the parent of American Airlines, will prepay $545M in aircraft debt in the fourth quarter, cutting its annual interest expense by $25M, reported the Wall Street Journal.
• AT&T (NYSE: T) and India’s Mahindra Telecommunications Private LTD have jointly applied for a unified access service license in India to provide wireless service, according to the Wall Street Journal.

OTHER PAPERS:

• The New York Times reported that the tentative contract between General Motors Corporation (NYSE: GM) and the United Auto Workers union would allow GM to close two plants, and possibly shut down several other facilities, according to a copy of the agreement posted on the Internet.

WEBSITES:

• According to the BetaNews Web site, Microsoft Corporation (NASDAQ: MSFT) will reportedly hold an event today to launch the second generation of its Zune music players.
• Google Inc’s (NASDAQ: GOOG) AdSense system that now reportedly allows people in Malaysia to make payments through Western Union Company (NYSE: WU) could become a “quasi bank,” according to Bear Stearns analyst Robert Peck, reported CNet.com.

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This entry was posted on Tuesday, October 2nd, 2007 at 3:40 pm and is filed under Goog news. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.