Business

September 8, 2010

15:03
Southwest Airlines Co. said traffic rose in August as a key measure of revenue again jumped by a double-digit percentage as fares remain well above year-earlier levels.
Categories: Business
14:59
Canada's Anatolia Minerals Development Ltd. and Australia's Avoca Resources Ltd. have agreed to merger in a deal that will create a gold company with a market value of some $2 billion.
Categories: Business
14:59
Chevron will explore for oil off the shore of Liberia, a nation that doesn't yet produce crude but holds promising acreage in a region that has yielded rich new oil deposits.
Categories: Business
14:40
A modest U.K. factory that churns out Burberry's iconic trenchcoats has undergone a major alteration as the luxury brand seeks a more retail-focused business model.
Categories: Business
14:15
Google introduced a predictive feature to its widely used Web search engine that speeds up the time it takes to find and deliver results.
Categories: Business
14:05
Lockheed Martin said more than 600 executives, or one-fourth of the eligible total, applied to accept financial incentives to leave the company.
Categories: Business
11:57
Goldman Sachs agreed to a fine of nearly $31 million as part of an investigation by the Financial Services Authority that began shortly after U.S. regulators accused the firm in April of fraud.
Categories: Business
11:41
Smithfield Foods returned to the black in the latest quarter from a year-earlier loss and said it will likely sell its 49% stake in Butterball.
Categories: Business
11:40
As CNN reboots in an attempt to revive slumping ratings, the network tapped British TV host Piers Morgan to take over for Larry King, capping months of speculation about a key program in CNN's lineup.
Categories: Business
11:18
Tata Power is exploring several possible acquisitions, including a stake in U.S.-based InterGen and foreign coal assets
Categories: Business
11:13
Commercial truck maker Navistar International swung to a fiscal third-quarter profit but lowered it revenue outlook for the year as military truck orders were deferred to 2011.
Categories: Business
11:08
A Japanese government panel favored a team led by NTT DoCoMo over one led by KDDI to operate the country's next-generation mobile broadcasting service, ending a prolonged battle between Japan's two biggest wireless carriers.
Categories: Business
11:00
The Reserve Bank of India is looking at the possibility of deregulating the interest rate on savings account deposits in banks, Deputy Governor Usha Thorat said.
Categories: Business
10:31
Netflix reached a deal to stream movies online from Nu Image/Millennium at the same time they hit pay-TV channels.
Categories: Business
10:11
Nissan will create a China-only brand as part of the Japanese auto maker's effort to increase its share of China's less affluent but growing market in the nation's interior.
Categories: Business
09:57
Talbots returned to a profit in the latest quarter as margins grew, but a decline in sales surprised investors.
Categories: Business
09:51
GlaxoSmithKline chose Simon Dingemans, a Goldman Sachs M&A specialist, to be its next chief financial officer.
Categories: Business
09:20
ArcelorMittal and BHP terminated talks to jointly develop their iron-ore projects in Guinea and Liberia
Categories: Business
09:10
Airgas rejected the latest takeover offer from Air Products & Chemicals, saying the $5.48 billion bid continues to undervalue the company.
Categories: Business
08:54
Vodafone's $6.65 billion sale of its stake in China Mobile highlights the challenges faced by foreign carriers looking to link up with Chinese telecoms.
Categories: Business