Most recent Companies blogs and columns

  • This Sunday, Nov. 19, 2006 photo shows unsold 2006 Ion coupes outside a Saturn dealership in the south Denver suburb of Highlands Ranch, Colo. According to government documents released Saturday, April 19, 2014, General Motors waited years to recall nearly 335,000 small cars for power steering failures despite getting thousands of consumer complaints and more than 30,000 warranty repair claims. The National Highway Traffic Safety Administration, the government’s auto safety watchdog, didn’t seek a recall of the Saturn Ion compact car from the 2004 through 2007 model years even though it opened an investigation more than two years ago, and even though it found 12 crashes and two injuries caused by the problem. (AP Photo/David Zalubowski)

    Documents Detail Another Delayed GM Recall

    DETROIT—Government documents show that General Motors waited years to recall nearly 335,000 Saturn Ions for power steering failures despite getting thousands of consumer complaints and... Read more

  • A Michaels store logo is seen on a shopping-cart child's seat in this file photo in Mount Prospect, Illinois.  (Photo by Tim Boyle/Getty Images)

    Michaels Confirms Security Breach, 2.6 Million Cards Compromised

    NEW YORK — Michaels Stores Inc. said Thursday that about 2.6 million cards, or about 7 percent of all debit and credit cards used at... Read more

  • (Nike)

    Air Jordan XX9 Unveiled by Nike, Will Cost $225 (+Photos, Video)

    Nike has unveiled the Air Jordan XX9 shoes on Thursday. They’ll cost $225. “The Air Jordan should be, and has been in the past, the... Read more

  • Milwaukee Bucks owner Herb Kohl walks into a news conference after reaching a deal to sell the franchise to New York investment firm executives Marc Lasry, left, and Wesley Edens, right, Wednesday, April 16, 2014, in Milwaukee. (AP Photo/Morry Gash)

    Wes Edens, Marc Lasry to Purchase Milwaukee Bucks From Herb Kohl

    MILWAUKEE—Bucks owner Herb Kohl was well past retirement age and realized it was time to secure the future of the franchise. He had one big... Read more

  • General Electric is reporting lower net income Thursday April 17, 2014 than a year ago because last year's results included the sale of NBC Universal. (Scott Olson/Getty Images)

    General Electric First-Quarter Earnings Fall, but Outlook Strong

    FAIRFIELD, Conn.—General Electric posted lower first-quarter net income than a year ago because last year’s results included the sale of NBC Universal. But the company... Read more

  • UnitedHealth Sees First-Quarter Profit Drop Eight Percent

    UnitedHealth Group’s first-quarter net income slid 8 percent as fees and funding cuts from the health care overhaul helped dent the performance of the nation’s... Read more

  • PepsiCo reported a stronger-than-expected first-quarter profit as the company slashed costs and sold more snacks around the world. (AP Photo/Matt Rourke, File)

    PepsiCo Posts Strong First-Qurter Profit on Snack Sales, Cost Cuts

    NEW YORK—PepsiCo reported a stronger-than-expected first-quarter profit as the company slashed costs and sold more snacks around the world. The company, which makes Frito-Lay, Gatorade,... Read more

  • The new 2015 Camry is unveiled during a media preview of the 2014 New York International Auto Show April 16, 2014 in New York City. (Eric Thayer/Getty Images)

    Toyota’s New Camry: Style to Match Its Substance

    Why mess with the best? To make it better. Toyota introduced its next-generation Camry Wednesday at the New York International Auto Show, and judging from... Read more

  • The 2015 Hyundai Sonata is unveiled April 16, 2014 at the Jacob Javits Center in New York. (Don Emmert/AFP/Getty Images)

    All-New 2015 Hyundai Sonata Revealed at NYIAS

    While sports car might stir the emotions, reliable practical transportation is what gets buyers to open their checkbooks, and Hyundai’s mid-sized Sonata sedan has been... Read more

  • The 2015 Ford Mustang at media preview of the New York International Auto Show April 16, 2014 in New York City.(Edward Dai/Epoch Times)

    Ford Introduces 50th-Anniversary Limited Edition Mustang

    Fifty years after it started an automotive revolution with its small (for the time) and sporty (depending on the options) 1964 1/2 Mustang, Ford has... Read more

  • The Internet Corporation for Assigned Names and Numbers (ICANN) (Screenshot via NTD Television )

    ICANN Holds Public Comment Period as it Transitions to ‘Multi Stakeholder’ Oversight

    NEW YORK—The Internet Corporation for Assigned Names and Numbers (ICANN) was never the center of any controversy or even any media attention until the U.S... Read more

  • Bill Ford, Ford Motor Company's executive chairman, stands with the all-new 2015 Mustang convertible as it's introduced on the 86th floor observation deck of the Empire State Building during the New York International Auto Show, Wednesday, April 16, 2014, in New York. (AP Photo/John Minchillo)

    Ford Building 50th Anniversary Mustang

    NEW YORK—Ford is building a limited-edition Mustang GT to honor the pony car’s 50th anniversary. The company will only build 1,964 special cars, honoring the... Read more

  • Bitcoin trader Kolin Burges from London speaks to reporters as he protests against Tokyo-based bitcoin changer Mt. Gox in front of the company's office in Tokyo on February 26, 2014. (Yoshikazu Tsuno/AFP/Getty Images)

    Court Denies Mt. Gox Bitcoin Exchange Bankruptcy Protection

    TOKYO—The Mt. Gox bitcoin exchange in Tokyo is headed for liquidation after a court rejected its bankruptcy protection application. Mt. Gox said Wednesday the Tokyo... Read more

  • Chairman of The Minto Group Roger Greenberg shares what he learned about stepping down as CEO while doing what was in the best interest of the company. (Mark Holleron/OBJ)

    Former Minto CEO Advises On Orderly Succession Planning

    OTTAWA—When Roger Greenberg stepped down as CEO of the multi-award winning Minto Group last fall, it was a smooth transition for the prominent real estate... Read more

  • A Motorola logo is seen before a press conference by Motorola during the 2014 Mobile World Congress in Barcelona on February 25, 2014 (Josep Lago/AFP/Getty Images)

    Zebra Technologies Buying Motorola Enterprise Business for $3.45 Billion

    LINCOLNSHIRE, Ill.—Zebra Technologies will spend more than $3 billion to buy the enterprise business of Motorola Solutions in a considerable expansion that is both technological... Read more

  • A Facebook sign at the main entrance of Facebook's headquarters in Menlo Park, Calif., on Feb. 1, 2012. (KIMIHIRO HOSHINO/AFP/Getty Images)

    Facebook Rumored to Enter Online Payment Business

    Carl Icahn knows where the money is. He was pushing eBay to spin off its subsidiary PayPal, because it’s growing fast. Now Facebook is hopping... Read more

  • In this Aug. 2, 2013 file photo, the emblem of a Toyota car shines at Toyota Motor Corp.'s showroom Toyota Mega Web in Tokyo. Toyota Motor Corp. is recalling 6.39 million vehicles globally for a variety of problems spanning nearly 30 models in Japan, the U.S., Europe and other places. No injuries or crashes have been reported related to the recalls announced Wednesday, April 9, 2014. But two fires have been reported related to one of the problems, a defective engine starter that can keep the motor running. (AP Photo/Itsuo Inouye, File)

    Toyota Recall 2014: A Look at the Recall of Over 6 Million Vehicles, Including Vanguard, Corolla, Camry

    Toyota Motor Corp. said Wednesday it’s recalling 6.39 million vehicles globally for various safety defects. The total rises to 6.76 million if vehicles with multiple recalls — like the Yaris... Read more

  • Subway sandwich bread should be free of azodicarbonamide, a chemical used in making yoga mats, by next week. (Chris Livingston/Getty Images)

    Subway Will Stop Using ‘Yoga Mat’ Chemical in Bread Soon

    NEW YORK—Subway says an ingredient dubbed the “yoga mat” chemical will be entirely phased out of its bread by next week. The disclosure comes as... Read more

  • A customers exits a Time Warner Cable retail location in Flatiron, New York, April 9, 2014. (Seth Hirsch)

    Comcast, Time Warner Merger Scrutinized by Senators and Opponents

    NEW YORK– Comcast and Time Warner executives defended their merger before the Senate Judiciary Committee in Washington on Wednesday. Advocates against the merger and other... Read more

  • Ally IPO Unimpressive; Shares Slide in Initial Trading

    Ally Financial Inc. held the largest initial public stock offering of the year this week, but its shares failed to shine in initial trading Thursday... Read more