news aggregator

September 4, 2010

04:19
South Korea's KT Corp. will start selling Apple's iPhone 4 in the country on Sept. 10.
Categories: Business

September 3, 2010

19:52
A key interest rate on short-term loans between banks is at its lowest level in five months, but the decline may be more a sign of bank caution than an all-clear for the financial markets.
Categories: Business
18:18
Google said the Texas attorney general's office is conducting an antitrust review of the Web giant's core search-engine business, another sign of growing government scrutiny of the company.
Categories: Business
16:43
New York State Attorney General Andrew Cuomo announced a statewide investigation of credit-card companies marketing to college students through schools.
Categories: Business
16:04
Campbell Soup quarterly profit rose 64% as the company cut costs, but its soup sales continued to decline despite efforts to attract consumers with more promotions.
Categories: Business
14:49
Goldman Sachs has decided to close its principal-strategies unit, which does its proprietary trading, in the wake of financial-overhaul regulation passed by Congress.
Categories: Business
14:41
A UPS cargo plane crashed Friday evening after takeoff near Dubai, killing two pilots in the package delivery giant's first fatal aircraft accident.
Categories: Business
13:56
T-Mobile USA is in talks to distribute Huawei Technologies's new Google-powered smartphone this holiday season. The Ideos phone could be priced under $100 in the U.S.
Categories: Business
13:01
Richard Pechter, a director of Finra and NYSE's regulatory arm, said this week that he made an offer for Value Line's troubled mutual-fund business.
Categories: Business
11:42
BP disclosed various lessons and capabilities built from trouble-shooting the big oil spill in the U.S. Gulf of Mexico.
Categories: Business
10:04
Brazil's state-run energy company Petrobras launched the world's largest-ever sale of shares to finance a $224 billion, five-year investment program.
Categories: Business
04:29
BP said it has spent around $8 billion in response to the massive oil spill in the Gulf of Mexico and expects to resume its relief-well drilling shortly.
Categories: Business
04:06
Canadian miner Goldcorp said it had reached a deal to buy Andean Resources in a deal that values the gold company at around $3.42 billion.
Categories: Business
02:15
Faced with austerity programs and health-care reforms around the world, Roche launched a cost-cutting plan that may include job reductions and a revamp of its research-and-development business
Categories: Business
01:36
Toshiba said that it will release by year-end a tablet computer that runs on Google's Android operating system as the company aims to compete with Apple's iPad.
Categories: Business
01:03
TPG sold its remaining stake in Ping An Insurance for $1.16 billion in the latest example of how the U.S. company is reaping profits from its investments in Asia.
Categories: Business

September 2, 2010

22:13
Fed chief Ben Bernanke told a panel that he had no options to prevent Lehman Brothers' failure in September 2008 even though he knew its downfall would be "catastrophic."
Categories: Business
21:32
Japan is pioneering the use of cameras and sensors to glean more information about who is looking at signs and electronic public displays, and is incorporating cellphone technology to make them more interactive.
Categories: Business
20:22
TV shows are emerging as a new front in the war over digital media between Amazon.com and Apple amid their ongoing battles over electronic books and online music.
Categories: Business
19:11
Employers passed health-insurance costs onto employees at a sharply higher rate this year, and businesses' premiums grew more slowly than they have in a decade, according to an annual survey.
Categories: Business