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Antonio Perez
AIG, Treasury to Sell $9 Billion in Stock
American International Group Inc. (AIG) and the United States Treasury on Wednesday said that they would sell nearly ...
Business
May 11, 2011
Microsoft to Acquire Skype for $8.5 Billion
Software giant Microsoft Corp. has agreed to purchase Internet telephony company Skype Technologies SA, for $8.5 billion in ...
Business
May 10, 2011
LinkedIn Seeks IPO, $3 Billion Valuation
LinkedIn Corp., the social networking company for professionals, said on Monday that it is expanding its upcoming initial ...
Business
May 9, 2011
Are Lower Gas Prices on the Horizon?
Consumers may soon see lower gas prices across the country, thanks to the recent sudden decline in crude ...
Business
May 8, 2011
SEC to Scrutinize High-Frequency Trading
The U.S. Securities and Exchange Commission is looking into preventing the type of lax oversight that followed after ...
Business
May 8, 2011
GM Triples Profits, Investors Unconvinced
General Motors Co. on Thursday said that the company made $3.2 billion in the first quarter, its fifth ...
Business
May 5, 2011
Dunkin’ Donuts IPO Filed by Parent Company
Dunkin' Donuts filed its IPO, or initial public offering, on Wednesday.
Business
May 4, 2011
Luxury Goods Market Surged in 2010
Global sales of luxury goods—including gold, precious jewelry, and watches—surged in recent months and have an even better ...
Business
May 3, 2011
Chrysler Ekes Out Profit, First Since 2006
NEW YORK—Chrysler Group LLC announced on Monday its first quarterly profit since 2006, as a new lineup of ...
Business
May 2, 2011
Southwest, AirTran Finalize Merger
NEW YORK—The U.S. Department of Justice approved Southwest Airlines' takeover of AirTran Airways, and this week, the merger ...
Business
May 2, 2011
Stocks End April at Three-Year Highs
NEW YORK—The U.S. stock market closed higher last Friday to cap a strong April, sending the blue-chip Dow ...
Business
May 1, 2011
Berkshire Hathaway Earnings Drop 58%
Berkshire Hathaway, Warren Buffett's investment company, reported a 58 percent drop in first quarter earnings, mostly due to ...
Business
May 1, 2011
Exelon, Constellation in Merger of Utilities Giants
Exelon Corp., one of the nation's biggest utilities, said on Thursday that it reached an agreement to merge ...
Business
April 28, 2011
Sony Outlook Bearish as Company Takes Heat for PSN Breach
NEW YORK—Japanese electronics maker Sony Corp. announced that up to 75 million members of its PlayStation Network (PSN) ...
Business
April 27, 2011
Ford Reports Best Quarterly Profit in More Than a Decade
Ford Motor Co. reported $2.6 billion in first-quarter profits this week, its best quarterly showing in 13 years, ...
Business
April 26, 2011
Nintendo Profits Drop 66 Percent, Plans New Wii
Nintendo Co. Ltd., the world's biggest manufacturer of video game consoles, said that its annual profit fell 66 ...
Business
April 25, 2011
Groupon Poaches Google Executive
In its second major Google poach in two months, last week, Groupon hired Google veteran Margo Georgiadis to ...
Business
April 24, 2011
IPhone a Boon for Verizon
Verizon Communications on Thursday said that its first quarter profits were helped by its wireless division, which began ...
Business
April 21, 2011
US Stocks Get Huge Lift from Quarterly Earnings
U.S. stock markets soared on Wednesday, propelled by strong corporate earnings from the technology and manufacturing sectors.
Business
April 20, 2011
AT&T Still Adding Subscribers After iPhone Exclusivity Ends
NEW YORK—AT&T Inc. reported a 39 percent increase in first quarter revenues and added wireless subscribers, in its ...
Business
April 20, 2011
S&P Warns US ‘AAA’ Rating in Jeopardy
One of the biggest global credit ratings agencies, Standard & Poor's, issued a warning to the U.S. federal ...
Business
April 19, 2011
Citigroup Earnings Drop 32 Percent
Citigroup Inc., the nation's third-biggest bank, reported on Monday a 32 percent drop in first-quarter earnings.
Business
April 18, 2011
Three Biggest Online Gambling Sites Shut Down, Owners Indicted
In the biggest crackdown on illegal online gambling to date, three of the biggest online gambling websites were ...
Business
April 17, 2011
Bank of America Profit Disappoints, Bearish on Housing
NEW YORK—Bank of America Corp. (BAC), the nation's biggest lender by assets, reported first-quarter earnings that came in ...
Business
April 15, 2011
Panel: Investment Banks Bet Against Mortgage Market, Clients
Goldman Sachs Group Inc. has deceived clients and Congress regarding its proprietary positions on mortgage-backed securities, report says.
Business
April 14, 2011
Markets Rise on JPMorgan, Economic Indicators
Stocks ended Wednesday modestly higher on Wall Street, as JPMorgan Chase & Co. unveiled higher quarterly earnings.
Business
April 13, 2011
American Airlines Sues Orbitz in Online Travel Booking Dispute
American Airlines parent company AMR Corp. has sued travel bookings website Orbitz Worldwide and its booking distribution company, ...
Business
April 13, 2011
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TOP NEWS
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