General Motors Company (NYSE: GM) chairman and CEO Dan Akerson seems to think that it is finally time for the company to leave the 1970s and enter the 21st century. He also implied that it was time for the nation's largest automaker to stop being a dinosaur, according to the Detroit News.
General Electric Company (NYSE: GE) is recalling about 1.3 million of its dishwashers after receiving reports of heating element failures that led to fires, the Consumer Product Safety Commission said Thursday.
Employers in the restaurant and retail industries -- those with a large number of hourly wage workers who traditionally had minimal or no health insurance -- are more likely than other companies to drop their health plans or cut worker's hours in order to maintain their already slim profit margins.
Ailing Finnish phone maker Nokia Oyj (NYSE: NOK) said it agreed to sell an application tools unit acquired in 2008 to a local partner as well as 500 wireless patents to Vringo (NYSE: VRNG) of New York City in a bid to raise cash.
Technology may have a good second half of 2012 after all, despite all the fears of economic collapse, lower demand for PCs and other worries. After Computer Sciences reported better-than-expected results on Wednesday, Hewlett-Packard said third-quarter results would be stronger, too.
The top after-market NYSE gainers Wednesday were Millennial Media, FleetCor Technologies, NQ Mobile, Dillard's, Orbitz Worldwide and MBIA, Inc. The top after-market NYSE losers were Medicis Pharmaceutical, Teekay Tankers, McEwen Mining, China Nepstar Chain Drugstore and ING Groep NV.
The New York Times Co. is close to a deal to sell its About.com division for $270 million, a move that would shed another non-core asset.
Three days into its mission, the Mars Science Laboratory, known as Curiosity, is continuing to dazzle scientists and specialists with its first data reports from the red plant. Still more technology companies have acknowledged their participation in the NASA project
No surprise. Smartphones operating on the Android OS from Google (Nasdaq: GOOG), the No. 1 search engine and the iOS from Apple (Nasdaq: AAPL), the world's most valuable technology company, now power 85 percent of all new smartphones, IDC estimated.
Shares of Peregrine Semiconductor Corp. (Nasdaq: PSMI) jumped 7 percent to $15 a share as they started trading the first time as a public company. Peregrine becomes the third technology initial public offering in a month to rise at the opening of trade, jn contrast to the May 18 IPO of Facebook (Nasdaq: FB), the No. 1 social networking site.
Hewlett-Packard Co. (NYSE: HPQ), the No. 1 computer maker, raised its estimates for third-quarter earnings to $1 a share from 94 cents apparently because of higher demand as well as the initial impact of firing 27,000 employees to shave costs.
Peregrine Semiconductor, which has sold more than a billion high-frequency chips to the mobile industry in the past five years, raised $77 million in its IPO on Tuesday and plans to start trading Wednesday, the latest technology IPO since the Facebook fiasco.
The top after-market NYSE gainers Tuesday were Dean Foods, Chiquita Brands International, Thompson Creek Metals, Rackspace Hosting and Kenexa Corp. The top after-market NYSE losers were Willbros Group, Sothebys, Elan Corp, Williams Partners and Exterran Holdings, Inc.
The Chinese government has taken an important step towards breaking the Boeing Co. (NYSE: BA) and EADS N.V. (Paris: EAD)'s Airbus SAS's duopoly in aerospace manufacturing by successfully testing a new regional plane, the Financial Times reported.
Nearly two weeks after AuthenTec Inc. (Nasdaq: AUTH) advised the U.S. Securities and Exchange Commission it had agreed to be acquired by Apple (Nasdaq: AAPL), the world's most valuable technology company, for $350 million, Apple still hasn’t made an announcement nor filed its own SEC report.
Among the charges: Pfizer's China subsidiary was accused of offering a program where doctors could claim cell phones and other goodies based on how many prescriptions they doled out of the company's products.
There have been few better ways to track the pessimism surrounding the China slowdown story than the declining value of shares of Caterpillar Inc. (NYSE: CAT), the world's largest maker of construction and mining equipment.
Amazon.com Inc. (Nasdaq: AMZN), the No. 1 e-retailer, said it will start renting textbooks to college students for a semester. At the end of the term, they can ship books back for free.
The S&P 500 rose above 1,400 for the first time since May 3 behind further calls for another central bank stimulus and hopes that the European Central Bank will take action.
The success of Pizza Hut and other foreign food companies suggest that Pakistanis are moving away from traditional meals, even during the holidays.
A new report published by the Book Industry Study Group found that fewer consumers are purchasing books exclusively in electronic formats, while the number of booklovers who have "no preference" for e-books over print books is increasing.
Richmond, Calif., a city of about 104,000 residents, is home to heavy industry and is familiar with such incidents. Accidents can be potentially hazardous to surrounding communities. Sulfur dioxide, sulfur trioxide, hydrogen sulfide have serious health effects in high atmospheric concentrations.
