Business
iPod deal boosts rival's shares
Shares of music player firm Creative surge after iPod maker Apple agrees to pay $100m to end a patent spat.
Watchdog probes iSoft accounts
UK financial watchdog, the FSA, is investigating the accounts of troubled software group iSoft, the firm says.
New sign of US housing slowdown
Sales of existing US homes fall 4% in July, a further sign that higher interest rates have cooled the housing market.
Oil falls after Iran talks offer
Oil prices drop by more than $1 a barrel as Iran says it is ready to start serious talks on its nuclear programme.
AMD set to announce deal to buy ATI
Advanced Micro Devices Inc. is expected to announce this morning that it plans to buy Thornhill-based graphics chip maker ATI Technologies Inc.
Late last night, Sunnyvale, Calif.-based AMD said it will hold a press conference at 8 a.m. this morning to make a "significant corporate announcement."
Spokesperson Brenda Rarick would not confirm the substance of the announcement, but a source familiar with the matter said it concerns the acquisition of ATI.