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	10/27/2011
Hello Sony is to take over its mobile phone joint venture with Ericsson for 1.05 billion euros ($1.5 billion), as it seeks to exploit its music and video to help it catch smartphone leaders such as Apple. U.S. patent records point to a possible conflict of interest in an Olympus investment in a cookware company, raising more questions for investors demanding a full explanation from the Japanese company of acquisitions that made heavy losses. "With 57 completed deals under its belt this year, Google has already smashed its 2010 record of 48 acquisitions — and it is only October," reports DealBook. Groupon is on its fourth day of its U.S.-only roadshow. Here's the scoop: "What's to prevent Facebook, Amazon and Google from going to merchants and offering better terms. How does Groupon keep margins and pricing intact?"  portfolio manager Charlie Toole told Reuters after attending Groupon's roadshow. Groupon is replacing the worst 10 percent of its sales staff as it pushes to win stronger deals from merchants and ensure it can keep growing. Groupon sued two former sales managers who held confidential information before they quit the daily deal company to join Google's competing daily deals site, a court filing showed.     LATEST NEWS Sony buys Ericsson out of mobile phone venture LONDON (Reuters) - Sony Corp is to take over its mobile phone joint venture with Ericsson for 1.05 billion euros ($1.5 billion), as it seeks to exploit its music and video to help it catch smartphone leaders such as Apple Inc. | Full Article Hertz withdraws Dollar Thrifty exchange offer October 27, 2011 10:13 AM ET (Reuters) - Car rental firm Hertz Global Holdings Inc withdrew its tender offer for shares in Dollar Thrifty Automotive Group , but said it was still interested in buying its smaller rival and continued to pursue antitrust approval for a deal. | Full Article Blavatnik, BMG/KKR in lead for EMI assets October 27, 2011 08:38 AM ET NEW YORK (Reuters) - Len Blavatnik's Warner Music Group and KKR-backed BMG Music, look set to win the auction for the recording and music publishing assets of EMI Group from Citigroup Inc and a deal could be reached by the weekend, according to people familiar with the talks. | Full Article Analysis: Fear of Kremlin whim stalks Russian FTSE hopes October 27, 2011 10:51 AM ET MOSCOW (Reuters) - A delay in allowing billionaire tycoon Mikhail Prokhorov's gold firm Polyus to sail into the prestigious FTSE 100 Index, while probably procedural, leaves nagging concerns that politics and business in Russia make for a dangerous cocktail. | Full Article Rio makes Hathor bid official, PEA modified October 27, 2011 08:42 AM ET (Reuters) - Canada's Hathor Exploration said on Thursday that it had received Rio Tinto's formal takeover offer, as the global mining giant looks to gain access to Canada's uranium-rich Athabasca basin. | Full Article TOP NEWS Consumers, businesses pump up Q3 growth October 27, 2011 10:44 AM ET WASHINGTON (Reuters) - The economy grew at its fastest pace in a year in the third quarter as consumers and businesses stepped up spending, creating momentum that could carry into the final three months of the year. | Full Article Euro deal leaves much to do on rescue fund, Greek debt October 27, 2011 11:02 AM ET BRUSSELS (Reuters) - Euro zone leaders struck a last-minute deal to limit the damage from the currency bloc's debt crisis early on Thursday but are still far from finalizing plans to slash Greece's debt burden and strengthen their rescue fund. | Full Article Wall Street rallies on euro zone deal October 27, 2011 10:36 AM ET NEW YORK (Reuters) - Stocks rallied in early trading on Thursday after European leaders agreed to boost the region's bailout fund and struck a deal with banks and insurers to accept 50 percent losses on Greek bonds. | Full Article Special Report: Harrisburg, Pa: a city at war with itself October 27, 2011 08:51 AM ET HARRISBURG, Pennsylvania (Reuters) - For three days last summer, Mayor Linda Thompson joined religious leaders to pray for a "cooperative spirit" among city leaders, the business community and residents here in Pennsylvania's state capital. | Full Article Exxon profit rises 41 percent, shares higher October 27, 2011 09:21 AM ET (Reuters) - Exxon Mobil Corp's profit rose 41 percent in the third quarter, slightly ahead of Wall Street estimates, as gains in crude oil prices and higher refining margins boosted results. | Full Article TECHNOLOGY NEWS Exclusive: Records raise Olympus conflict of interest question Nintendo to post its first ever annual net loss RIM hit with consumer lawsuits over BlackBerry outage Facebook likes Sweden for first Europe server site Sprint eyes new financing as iPhone swells costs RELATED VIDEO Markets boosted by euro zone deal So you think you have a great idea for an app? 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