Microsoft Profits, Internet Gambling Fight
RENEE MONTAGNE, host:
Our business news starts with Microsoft scoring big with videogames. The world's largest software maker posted strong revenues, thanks to sales of its X-box videogame console as well as database software. Microsoft's quarterly profit totaled about $2.6 billion. That's lower than last year.
The company took a hit from delays in bringing out new Office software programs, like Vista, which will be released in stores next Tuesday.
STEVE INSKEEP, host:
And the U.S. can run into trouble with international trade regulators over its attempt to crack down on Internet gambling. The government of Antigua and the U.S. are waiting a ruling from the World Trade Organization on that issue.
MONTAGNE: The economy of the Caribbean island depends on gambling and Antigua argues that U.S. restrictions violate free trade rules. Antigua's has been battling the U.S. for four years over a case involving online horse race betting. The WTO ruled against a U.S. ban on that and is reportedly criticizing the U.S. for not complying.