 | Good afternoon |  |  | Activision Blizzard's "Call of Duty: Modern Warfare 3" video game racked up more than $400 million in sales on its first day in stores in the U.S. and the UK, beating last year's record of 5.6 million units, or $360 million in sales of "Call of Duty: Black Ops." That game went on to sell $1 billion in less than two months.
Apple's iOS 5.0.1 update did not address all of the battery issues troubling iPhone users, AllThingsD's John Paczkowski writes. In a statement given to AllThingsD, Apple told the blog that "the recent iOS software update addressed many of the battery issues that some customers experienced on their iOS 5 devices...We continue to investigate a few remaining issues," according to Paczkowski.
Regulators are investigating the safety of batteries used to power electric vehicles after a General Motors Chevrolet Volt caught fire following a routine crash test. The National Highway Traffic Safety Administration said that it has asked other manufacturers who make electric cars or who plan to do so for information on how they handle lithium-ion batteries. The request also includes recommendations for minimizing fire risk. NHTSA said it does not believe the Volt and other electric vehicles are at greater risk for fire than gasoline-powered engines.
Lenders will confront Olympus next week to demand an explanation for an accounting scandal engulfing the firm, a banking source said. Prime Minister Yoshihiko Noda also weighed in, describing and calling for strict measures to preserve financial markets confidence. The disgraced maker of cameras and medical equipment risks being delisted from the stock market, and is being investigated by police and regulators, after it admitted this week to hiding investment losses for decades and using M&A payments to aid the cover-up. | | | Private equity takes two approaches to Yahoo: sources | | November 11, 2011 09:21 AM ET | | NEW YORK (Reuters) - Private equity firms including KKR and TPG Capital are looking to potentially buy minority stakes of up to 20 percent in Yahoo Inc with an eye to eventually taking over the whole company, people with knowledge of the situation said. | Full Article | | Chipmaker Nvidia's quarterly results beats Street | | November 11, 2011 09:22 AM ET | | (Reuters) - Nvidia Corp's third-quarter results beat estimates as the chipmaker refocused on smartphones and tablets in a tepid personal computer market, although its revenue forecast was a bit lower than expected. | Full Article | | Telefonica 9-month net weak as tough market bites | | November 11, 2011 09:22 AM ET | | MADRID (Reuters) - Spanish telecoms giant Telefonica stuck doggedly to ambitious shareholder return targets on Friday even while 9-month profit fell a more-than-expected 69 percent in what the group described as a "challenging" operating environment. | Full Article | | | BUSINESS NEWS
| | Wall Street gains on Italian reform | | November 11, 2011 04:39 PM ET | | NEW YORK (Reuters) - Stocks jumped on Friday, ending higher on the week after the Italian Senate's approval of economic reforms gave some relief to worries about the euro zone's debt crisis. | Full Article | | Italy pushes through austerity law, Greek PM sworn in | | November 11, 2011 03:08 PM ET | | ROME/ATHENS (Reuters) - Italy's parliament on Friday began rushing through austerity measures demanded by the European Union to avert a euro zone meltdown and Washington ratcheted up pressure for more dramatic action from the currency bloc. | Full Article | | Consumer sentiment rises on better outlook in November | | November 11, 2011 02:05 PM ET | | NEW YORK (Reuters) - Americans became more hopeful about the economic outlook in November, pushing consumer sentiment to a five-month high, though they still have a gloomy view of personal finances, a survey released on Friday showed. | Full Article | | MF Global fires brokerage staff en masse | | November 11, 2011 04:25 PM ET | | NEW YORK (Reuters) - MF Global fired all 1,066 of its brokerage employees on Friday, triggering anger and resentment about the firm's collapse after bad bets on European debt under former CEO Jon Corzine's leadership. | Full Article | | Mizuho Financial to cut 3000 jobs: report | | November 11, 2011 01:33 PM ET | | (Reuters) - As part of the restructuring related to the merger of its two banking units, Mizuho Financial Group Inc will cut 10 percent of its workforce, or 3,000 jobs, by end of fiscal 2015, The Nikkei said. | Full Article | | | | U.S. TOP NEWS | | | | | RELATED VIDEO | | |  |  | | A daily digest of breaking business news, coverage of the US economy, major corporate news and the financial markets. Register Today. |  | | Your daily briefing on the latest tech developments from around the world from Reuters expert tech correspondents. Register Today. |  | | The latest Reuters articles on M&A, IPOs, private equity, hedge funds and regulatory updates delivered to your inbox each day.. Register Today. | | | » MORE NEWSLETTERS | | | ODDLY ENOUGH | | | | | | |
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