Business News: Most Emailed

Last update: 126 days ago

Zuckerman submits $580 mln Newsday bid: source 25 Apr 08, 19:45 ET Reuters - New York Daily News owner Mortimer Zuckerman has submitted a $580 million bid for Tribune Co's Newsday daily newspaper on Long Island, New York, matching a bid by News Corp (NWSa.N) Chief Executive Rupert Murdoch, according to a source familiar with the matter. more American Express lifts Dow and S Nasdaq dips 25 Apr 08, 17:56 ET Reuters - The Dow and S rose on Friday, after signs that American Express Co was holding its own amid the economic slowdown, but Microsoft Corp's weak profit forecast pulled down the Nasdaq. more GM CEO's compensation jumps 64 percent in 2007 25 Apr 08, 17:47 ET Reuters - General Motors Corp Chief Executive Rick Wagoner's salary and other compensation rose 64 percent in 2007 to about $15.7 million, mainly due to option grants, according to a proxy filed on Friday. more Telefonica Oi buys Brasil-Telecom for 3.5 billion dlrs 25 Apr 08, 17:37 ET AFP - Brazilian telecommunications group Oi announced Friday it had bought out rival Brasil Telecom for 3.5 billion dollars (5,863 million reals). more American Airlines in talks with Continental, US Air 25 Apr 08, 17:15 ET Reuters - American Airlines has had early-stage merger talks with US Airways and is in advanced talks for an alliance with Continental Airlines, sources briefed on the situation said on Friday. more Wachovia to pay up to $144 mln to settle probe 25 Apr 08, 16:45 ET Reuters - Wachovia Bank agreed to pay as much as $144 million to settle allegations it failed to help consumers who fell prey to schemes operated by telemarketers that maintained accounts at the bank, regulators said on Friday. more Consumers, companies flash recession warnings 25 Apr 08, 16:30 ET Reuters - The warning signs of a U.S. recession flashed again on Friday as consumer sentiment sank to its lowest in 26 years and corporate earnings appeared set for their third consecutive quarter of contraction. more Defense Could Object to Apple's P.A. Semi Purchase 25 Apr 08, 16:30 ET NewsFactor - Apple's planned acquisition of chip-design firm P.A. Semi may run into trouble from an unlikely source -- the Department of Defense. more AT&T Begins Wi-Fi Rollout at Starbucks Stores 25 Apr 08, 16:29 ET NewsFactor - AT and Starbucks on Friday announced the beginning of the rollout of AT Wi-Fi service at company-operated Starbucks stores, kicking off a nationwide effort that will continue through 2008. more American Airlines in talks with Continental and US Airways 25 Apr 08, 15:51 ET Reuters - American Airlines has had early-stage merger talks with US Airways and is in advanced talks for an alliance with Continental Airlines , sources briefed on the situation said. more Long View: Even the great investors get the right bets wrong 25 Apr 08, 15:30 ET FT.com - We all make mistakes, even if our names are Buffett or Soros. But when great investors such as Warren Buffett and George Soros make a mistake, the lessons for the rest of us are so much more interesting. more Promax® Provides High Protein Energy Bars and Protein Shakes With Unbeatable Flavors 25 Apr 08, 15:30 ET PRWeb - When looking for a meal replacement or just a snack, these 20 gram protein energy bars and 33 gram protein shakes are the best on the market. more Appeals court orders new credit card case trial 25 Apr 08, 13:48 ET Reuters - A U.S. appeals court reinstated a class-action suit on Friday against a group of banks that force their credit card customers to use arbitration instead of the courts to settle disputes. more Strike deadline at two GM plants extended 25 Apr 08, 12:52 ET Reuters - The United Auto Workers on Friday delayed going on strike at a General Motors Corp assembly plant in Fairfax, Kansas, that builds the hot-selling Malibu sedan as well as a stamping plant in Michigan. more One Laptop Per Child Controversy Centers on Windows 25 Apr 08, 12:10 ET NewsFactor - The One Laptop Per Child (OLPC) initiative wants more kinds of Sugar, and some developers are not sweet on that idea. Sugar is the user interface created for the low-cost laptop developed by a team headed by MIT Media Lab co-founder Nicholas Negroponte. The XO laptop, originally intended for a price point of $100 and incorporating an open-source Linux operating system, is designed for use by children in third-world countries. more Consumer sentiment at a 26-year low 25 Apr 08, 10:56 ET Reuters - Consumer confidence fell for a third straight month in April, hitting its weakest in 26 years, on heightened worries over inflation and the sagging housing market, a survey showed on Friday. more ExpressJet rejects takeover offer from SkyWest 25 Apr 08, 10:29 ET Reuters - ExpressJet Holdings Inc said on Friday it rejected a $181.5 million takeover bid from SkyWest Inc and has begun began a review of strategic alternatives, including talks with SkyWest for a higher price. more Stocks open narrowly mixed ahead of consumer confidence data 25 Apr 08, 09:50 ET AP - Stocks were narrowly mixed in early trading Friday as investors awaited a reading on consumer confidence and digested a busy week of corporate earnings reports. more Oil prices move higher on supply tensions 25 Apr 08, 09:28 ET AFP - World oil prices climbed back toward this week's record peaks Friday as traders fretted over threats to global energy supplies in Britain and Nigeria, analysts said. more Auto sales going strong for Japanese 25 Apr 08, 09:24 ET AP - Honda saw its profit slashed by a tax, while Mitsubishi racked up costs for closing an Australian plant. But Mazda - the smallest of Japan's five biggest automakers - emerged unscathed Friday to report booming profits for the January-March quarter. more High power prices boost Entergy results 25 Apr 08, 09:06 ET Reuters - Entergy Corp reported a 45 percent jump in first-quarter earnings on Friday, beating Wall Street expectations, as it benefited from higher power prices and rising production. more Goodyear swings to profit in 1Q, revenue rises 25 Apr 08, 08:39 ET AP - Goodyear Tire & Rubber Co. swung to a profit in the first quarter by focusing on higher-priced tires and international markets. The results from the biggest U.S.-based tiremaker beat Wall Street expectations and its shares rose more than 4 percent in premarket trading. more Record oil price to boost oil majors' profits 25 Apr 08, 08:14 ET Reuters - Exxon Mobil , Royal Dutch Shell (RDSa.L) (RDSa.L) and BP are expected to report bumper first-quarter profits next week, thanks to record crude prices, but $110 per barrel oil will also squeeze refining profits and delay a return to oil production growth. more REITs Show Strength 25 Apr 08, 08:08 ET BusinessWeek Online - Did someone say something about the deflating of a real estate bubble? Sure, home prices may be falling, but real estate investment trusts (REITs) outperformed broad market averages in the first quarter of this year. Standard & Poor's REIT equity analysts believe this outperformance can continue. more Low Expectations for the High End 25 Apr 08, 08:08 ET BusinessWeek Online - Amid anemic consumer spending and sinking confidence about the U.S. economy, luxury goods retailers are on a surprising streak. more Baron in the Making 25 Apr 08, 08:08 ET BusinessWeek Online - Jim Tyree has the thick neck and battered gait of a retired football player. He turned 50 last fall, but his thinning white hair and that walk make him look more like 60. Diagnosed with diabetes at 24, he has cheated death twice -- once in a thatched shack in Mexico -- and endured four eye surgeries to restore his vision. "Being blind," he wisecracks, "is worse than being dead." more Using Ex-Cons to Scare MBAs Straight 25 Apr 08, 08:08 ET BusinessWeek Online - By the time he was 40, Walter A. Pavlo Jr. had graduated with a master's degree in business from Mercer University, worked as a manager at MCI, concocted a $6 million money laundering scheme, served a two-year sentence in federal prison, and was divorced, unemployed, and living with his parents. It's a story that should scare any MBA straight. more Behind the Run on Rice 25 Apr 08, 08:08 ET BusinessWeek Online - At the Costco in San Francisco, rice is all the rage. Not long after the 10 a.m. opening on Apr. 24, the warehouse club was well on its way to selling out the day's supply of Thai jasmine rice. Within an hour, customers cleared three pallets loaded with 50-lb. bags of Super Lucky Elephant brand jasmine rice from Thailand. Real estate broker Mary Jane Galviso snapped up two bags -- the limit imposed by this particular store. "This is very frightening," says Galviso, who hails from Orosi, a rural community in California's Central Valley, more than 200 miles southeast of San Francisco. ... more Good-Bye, Cheap Oil. So Long, Suburbia? 25 Apr 08, 08:08 ET BusinessWeek Online - The suburban landscape has been marred by foreclosures and half-built communities abandoned in the subprime aftermath. But James Howard Kunstler, author of a dozen books, including The Geography of Nowhere: The Rise and Decline of America's Man-Made Landscape, thinks there's a bigger threat to those far-flung neighborhoods: the scarcity of oil. As Kunstler sees it, oil wells are running dry and the era of cheap fuel is over. Given the supply constraints, he says the U.S. ... more Lufthansa decides to exercise option for BMI: finance director 25 Apr 08, 07:09 ET AFP - German airline Lufthansa has decided to exercise an option to take a majority stake in British carrier BMI, Lufthansa finance director Stephan Gemkow said on Friday. more Bond investors bet on rate hikes as inflation looms 25 Apr 08, 07:00 ET Reuters - Investors rushed to bet on higher interest rates on Friday, dumping bonds on a conviction the world's top central banks were turning from nursing economies hobbled by a credit crisis to battling inflation. more Ericsson shares up jump 25 percent on 1Q report 25 Apr 08, 06:59 ET AP - Wireless equipment maker LM Ericsson AB on Friday said its first-quarter profit fell 55 percent, which was better than expected, and the company's shares soared more than 25 percent. more Sales strong at Japanese automakers despite some bumps 25 Apr 08, 06:58 ET AP - Honda saw its profit slashed due to a tax dispute and Mitsubishi racked up costs for closing an Australian plant. But Mazda - the smallest of Japan's five biggest automakers - emerged unscathed Friday to report booming profits for the January-March quarter. more Toshiba Q3 drops on HD-DVDs, chips, growth muted 25 Apr 08, 06:24 ET Reuters - Japanese electronics maker Toshiba Corp posted on Friday a better-than-expected 95 percent drop in quarterly profit amid tumbling chip prices and an exit from high-definition DVDs, and said it expected 2 percent earnings growth this year. more People's decisions to cut back add up to weaker economy 25 Apr 08, 06:08 ET AP - Monique Blake won't be shopping for new clothes. William Acosta got rid of his cell phone. Paula Rockwell put off buying a home. more Arby's owner buying Wendy's for $2.34 billion in stock 25 Apr 08, 06:05 ET AP - The billionaire investor known for pushing corporations to make changes to boost their stock price has a new challenge: turning around one of the fast-food industry's more notable names and doing it during a slumping economy. more Everything You Have Been Told About Heart Disease is Wrong 25 Apr 08, 06:00 ET PRWeb - You don't have to die from Heart Disease. Dr. N. Rowan Richards, DC, DABCI, FIACA, FICC, will explode the myths about Heart Disease, Cardiovascular Problems, and Heart Health. There are natural, effective, and non-toxic alternatives to heart and cholesterol medications. Teleseminar will be held on Wednesday, April 30th, at 7:30 PM Pacific Time. more Japan's Nikkei stock index jumps 2.4 percent 25 Apr 08, 05:45 ET AP - Japanese stocks jumped Friday, led by gains in auto and financial shares as concerns over the global credit crunch eased. more China, EU leaders meet on trade tensions 25 Apr 08, 05:42 ET AP - Chinese and European Union leaders launched a high-level dialogue Friday on tensions over China's swelling trade surplus with Europe amid disagreements over how to tackle climate change. more Oil falls below $115 on stronger dollar 25 Apr 08, 05:40 ET AP - Oil prices slipped further Friday after falling more than $2 a barrel in the previous session as the dollar strengthened, prompting investors to book profits. more Volvo shares rise as Q1, Europe outlook pleases 25 Apr 08, 04:27 ET Reuters - World number two truck maker Volvo AB posted first-quarter pretax earnings above market expectations on Friday and was more upbeat on its key European market, sending its shares sharply higher. more Beat Your Wedding Weight Loss Blues with Great Weight Loss Tips 25 Apr 08, 03:05 ET PRWeb - Recent research suggests that 'brides to be' have an intense desire to lose weight for their wedding day. Most brides interviewed are likely to want to lose up to 20 lbs, which usually constitutes a decrease of 15% in their body weight. Proactol.com has done a special promotion to help brides to be with their weight loss ambitions. more Los Suenos Marriott Ocean and Golf Resort Leads Environmental Conservation in Costa Rica 25 Apr 08, 03:01 ET PRWeb - Protect and preserve the natural resources of our country and stimulate the optimal environmental quality to guaranty a sustainable development, is the main goal of Los Sueños Marriott Ocean and Golf Resort in Costa Rica, developing a chain of environmental initiatives. more Honda profit tumbles, sees yen hitting hard in 2008 25 Apr 08, 02:56 ET Reuters - Honda Motor Co posted a much bigger than expected 85.6 percent tumble in quarterly net profit on Friday, and forecast a weak year ahead hit by a stronger yen, rising commodities prices and a soft U.S. car market. more Natural-gas vehicles hot in Utah, where the fuel is cheap 25 Apr 08, 01:23 ET AP - Troy Anderson was at the gas pump and couldn't have been happier, filling up at a rate of $5 per tank. more

Archives: [Apr, 26] [Apr, 25] [Apr, 24] [Apr, 23] [Apr, 22] [Apr, 21] [Apr, 20] [Apr, 19]