COMPANIES

Is Santander's Mexican IPO The Death Of 'Goose' That Lays Golden Eggs?

Banco Santander's announcement that it would be spinning off nearly one quarter of its Mexican unit in an initial public offering later this month was greeted by the markets as a seemingly win-win-win proposition. But the move by the large Spanish bank on
Banco Santander's announcement that it would be spinning off nearly one quarter of its Mexican unit in an initial public offering later this month was greeted by the markets as a seemingly win-win-win proposition. But the move by the large Spanish bank only highlights the increased dependence Iberian banks have had on their overseas branches over the past few years and how, in an effort to now package off those units and sell them, they could be killing the hen that's been laying the golde...
Apple iPhone 5 Event Confirmed: 6 New iOS, Mac Products Expected To Release [RUMORS]

Apple Teases iPhone 5 Event: 6 New iOS, Mac Products Expected To Release [RUMORS]

Our predictions this morning came true: At about 9 a.m. PST, Apple released the official invitations for its next big product launch to the press, scheduled for Wednesday, Sept. 12. The event will definitely be all about the iPhone 5, but that's not the only Apple product scheduled to be unveiled that day. Apple has plans to release new iOS devices and Mac computers at the event.
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Ronald McDonald Goes Vegetarian In India

McDonald's Corporation (NYSE:MCD), the US-based fast-food restaurant chain headquartered in Illinois long known for its beef-based burgers of all shapes and sizes announced plans on Tuesday to open its first ever vegetarian-exclusive restaurants in India.
Valve, Maker of Steam and Source Software, Turns To Hardware

Valve, Maker of Steam and Source Software, Turns To Hardware

Bellevue, Wash.-based Valve, the software developer behind the critically-acclaimed Half-Life series, the Steam network for distributing games and the Source engine, is reportedly interested in building hardware. Valve, which was founded by two former Microsoft employees in Gabe Newell and Mike Harrington, added a job posting to its site on Tuesday morning for an industrial designer.
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IBM To Offer Cloud TV Services To Philips Customers

International Business Machines Corp. (NYSE: IBM), the No. 2 computer company, said it will start providing services in the cloud for consumer electronics makers, starting with Dutch giant Philips Electronics (NYSE: PHG).
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AMR, US Airways Say They Are Evaluating A Potential Merger

American Airlines parent AMR Corp (AAMRQ.PK) and US Airways Group Inc (LCC.N) have signed a non-disclosure agreement as they evaluate a potential merger that would create an airline that rivals leader United Continental Holdings Inc (UAL.N) in scope.

Apple iPhone 5 Features: 5 Reasons The New Screen Could Be Big News [RUMORS]

Hype surrounding the iPhone 5 continues to mount in the days leading up to Apple's media event, allegedly scheduled for Sept. 12, in which the Cupertino, Calif.-based computers company is expected to unveil a brand-new iPhone, among other new products. Given the news, rumors and patents surrounding the phone's alleged features, there are plenty of reasons why Apple could be most proud of the next iPhone's screen.
Apple iPhone 5 Already On Sale? Complete Set Of Components Sells For $199 In China [PICTURES]

Apple May Announce iPhone 5 Event On Tuesday, Sept. 4 [RUMORS]

If Apple's history can predict its future, we might expect the Cupertino, Calif.-based company to release invitations to its media event, allegedly scheduled for Wednesday, Sept. 12, eight days prior on Tuesday, Sept. 4. This reported date is not based on fact, or word from any source from within Apple; this is rather based on Apple's past when it comes to releasing its media event invitations.
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UK Judge Dismisses Berezovsky Suit

A British judge Friday handed Russia's Boris Berezovsky, a fierce Kremlin critic and one of the world's wealthiest men, a devastating loss in his $6.5 billion lawsuit against fellow Russian billionaire Roman Abramovich, a one-time protege of Berezovsky and the owner of England's Chelsea soccer club.
A logo is seen under a canopy of trees at a Shell gas station in central London

Cars with Speed, Fuel-Saving Might Battle among Americas Teams

There is no stopping the Shell Group of companies from their environment sustainable projects most especially those that engage the youth in preparation for tomorrow's challenges. Shell's Eco-marathon, which involves student teams to design, build, and test ultra-energy-efficient vehicles, is due to come to the North and South American Region in April 2013 in Houston, Texas.
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History’s Gay Fail: Is The Cable Network Playing It Too Straight?

GLAAD released its 6th annual "Network Responsibility Index," which maps depictions of the lesbian, gay, bisexual and transgender (LGBT) community on primetime broadcast and cable television. Out of the 10 cable networks ranked, History had the lowest percentage of LGBT-inclusive content,

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