Sources Energy

BEIJING (Reuters) - Germany has banned naked short-selling and the United States may block banks from proprietary trading. But China has taken rules aimed at ensuring market stability to new, tastier lengths.

Will there be a bidding war for Radio Shack (RSH)?
The New York Post reports that Blackstone Group is among a number of potential bidders for the retail chain. The Post has previously reported that the company has hired Goldman Sachs to explore strategic alternatives.
The latest piece says other potential bidders [...]

Advanced Technology Investment Co., the investment arm of the Abu Dhabi government - and the controlling investor in former Advanced Micro Devices (AMD) unit Globalfoundries - says that contrary to recent speculation, it has no plans to make a bid to acquire the Taiwan-based contract chip manufacturer United Microelectronics (UMC), [...]

Nokia (NOK) has sold less than 100,000 of its high-end N900 smartphones in the device’s first five months on the market, Reuters reports, citing data from Gartner,
Nokia did not comment on the report, although the story notes that a company official this week said that sales of the phone were [...]

VENICE, Louisiana (Reuters) - President Barack Obama will meet with the leaders of a panel he created to probe the worst oil spill in U.S. history on Tuesday, as a giant slick from BP’s blown-out Gulf of Mexico well poses a new threat to the coasts of Mississippi and Alabama.

Here’s an interesting question, courtesy of Light Reading: what impact will multitasking on the Apple (AAPL) iPhone have on AT&T (T) and other wireless networks that there were already suffering from congestion issues tied to intense data usage on the phones?
Well, no one knows, really. But Light Reading quotes a [...]

Last December the U.S. Patent and Trademark Office began a pilot program to speed the emergence of green technology. The goal was to shave a year off the 40 months it typically took to evaluate a patent application. Yet the agency has approved only about one third of the requests it has received, disappointing inventors and even the Patent Office itself. The program’s acceptance rate is “less than I would have expected,” says Robert L. Stoll, the agency’s commissioner for patents.

As of early May, only 335 of the 943 applications filed under the agency’s Green Technology pilot program had qualified to jump to the front of the patent examination line. Applicants have been “aggressive” in their hopes of taking advantage of the fast-track program without necessarily meeting the program’s requirements, Stoll explains.

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United States Patent and Trademark Office - Patent - Patent application - Intellectual property - Technology

AP - Robot submarines carried equipment and cut small pipes at the bottom of the Gulf of Mexico on Monday to prepare to place a new containment valve over the blown-out well this week, while BP crews began working on yet another containment plan that could be added after the cut-and-cap effort.

Reuters - Oil from BP’s out-of-control Gulf of Mexico oil spill could threaten the Mississippi and Alabama coasts this week, U.S. forecasters said on Monday, as public anger surged over the country’s worst environmental disaster.

AP - The best hope for stopping the flow of oil from the blown-out well at the bottom of the Gulf of Mexico has been compared to hitting a target the size of a dinner plate with a drill more than two miles into the earth, and is anything but a sure bet on the first attempt.