Business Blog: Hoover’s Business Insight Zone

Some of the more interesting things to transpire today:

–What? Countrywide needs even more money to bail it out? That’s un-possible!

–SCO’s CEO: resolute in the face of a dire court ruling against his company.

[Wired News]: So how’s business been since this ruling?

McBride: This has zero to do with our open-server business. That has nothing to do with these fights. That’s 70 percent of our revenue. And finally, it has nothing to do with our new mobility products we are working on. All of our product business is really unaffected by this ruling, other than the noises in our market places.

–Oil gets expensiver and expensiver, despite OPEC’s quota hike.

–The award for Best Blog Title of the Day goes to Dana Cimilluca of the Wall Street Journal’s Deal Journal blog: “The Arc of the Covenant.” Even better, the post explains the rising prevalence of covenant-laden debt deals in the buyout industry, which we touch on in the next Company of the Day installment on First Data.

–Over at the Bizmology blog, my colleague James Bryant ably supplies context on Chrysler’s hiring of Jim Press, which we touched on last week.

–Henry Blodget of Silicon Alley Insider offers hot and cold running commentary on Google (hot) and Yahoo! (coooollld — brr!).