HP to buy 3Com for $3.1 billion
Hewlett-Packard Co is making a move into the network equipment market by striking a $3.1 billion deal for 3Com Corp , in a major challenge to Cisco Systems Inc. Read Full Article here.
AIG's Benmosche totally committed to company
American International Group Inc Chief Executive Robert Benmosche said on Wednesday he remains totally committed to staying at the company, countering an earlier report that he was considering stepping down. Read Full Article here.
Costco CFO: Fingers crossed consumers will spend
Costco Wholesale Corp is hoping that consumers are becoming more comfortable making purchases as the No. 1 U.S. warehouse club operator heads into the year-end holiday shopping season. Read Full Article here.
New invention addresses lithium battery fires
A new technology to prevent lithium-ion batteries from catching fire or exploding in laptops and mobile phones may be on the market as soon as the first quarter of 2010, its inventor said on Wednesday. Read Full Article here.
China's Wen reiterates loose policy stance
China will stick to its active fiscal policy and loose monetary measures even though its economic recovery is now on more solid footing, Premier Wen Jiabao said on Thursday. Read Full Article here.
Disney restructures film studio's divisions
Walt Disney Co on Wednesday said it restructured its film studio's marketing, distribution, and operations divisions, reflecting a new strategic direction for bringing content to the market. Read Full Article here.
Toll shares rise as Q4 net contracts up 42 percent
The slump in the housing market ended around March, and while there is improvement, it will be slow and fitful, U.S. luxury homebuilder Toll Brothers Inc's Chief Executive Robert Toll said on Wednesday. Read Full Article here.