[AP] - Oracle Corp. plans to pay newly appointed co-President Mark Hurd a base salary of $950,000 annually and said the ousted Hewlett-Packard Co. CEO is eligible for a target bonus of $5 million in the current fiscal year.
[AP] - The peanut industry executive whose filthy processing plants were blamed in a salmonella outbreak two years ago that killed nine people and sickened hundreds more is back in the business.
[AP] - Stocks resumed their rally Wednesday as investors brushed off fresh worries about the health of European banks. Strong demand at an auction for Portugal's debt early Wednesday helped relieve some concerns that resurfaced this week about the health of Europe's banking industry.
[AP] - Canada's central bank raised a interest rate on Wednesday for the third consecutive time. The Bank of Canada increased its benchmark rate by a quarter point to 1 percent. In June, Canada became the first Group of Seven nation to raise interest rates since the global economic crisis.
