U.S. data, Europe woes to set tone

NEW YORK - Investors will grapple next week with major U.S. economic reports and the looming possibility of a Greek exit from the euro zone, which is likely to keep dragging on equities for weeks to come.

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Use social media in your job search

BOSTON - The widespread use of social media - including more playful sites like Facebook and Twitter, as well as the business-focused LinkedIn - is becoming a powerful force in many job searches, says Harvard Business Review.

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China denounces EU airline carbon law, seeks talks

BEIJING/HONG KONG - China reiterated its opposition on Thursday to a European Union plan to limit airline carbon dioxide emissions and called for talks to resolve the issue a day after its major airlines refused to pay any carbon costs under the new law.

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Ericsson says sticking with Sony mobile JV: report

FRANKFURT | Sun Jul 26, 2009 12:03pm EDT

FRANKFURT (Reuters) - Ericsson wants to continue its mobile joint venture with Japan's Sony even after the Swedish company bought the wireless assets of Nortel Networks, Ericsson's chief financial officer told a German newspaper on Sunday.

"There are no discussions about an end to the partnership," Hans Vestberg said in a prerelease of his interview with Handelsblatt's Monday edition.

If the joint venture needs financial support from its parents, "then it would get it from us", he added.

Handelsblatt said there had been speculation that Ericsson would soon part ways with Sony on the cell phone business.

Ericsson on Friday won an auction for the wireless assets of bankrupt Nortel for $1.13 billion.

(Reporting by Marilyn Gerlach, editing by Will Waterman)
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