COMPANIES

CEO of the Blackstone Group Stephen Schwarzman speaks during a session at the World Economic Forum (WEF) in Davos January 29, 2010.

Why Stephen Schwarzman's Payday Risks Riling Blackstone Investors

Stephen Schwarzman, the boss of Blackstone, the world's biggest private-equity firm, made his fortune by buying, restructuring and selling companies -- delivering outsized returns for investors. These days, he is getting huge rewards for being the largest shareholder in what is more like an asset manager on steroids.

Canada's Encana Finds Shale-Gas Partner in Japan's Mitsubishi

Doug Shea, drill informant for EnCana, walks past an EnCana gas drilling well east of Calgary, Alberta, February 15, 2007.
In the latest in a string of asset sales, Canada's Encana Corp. will sell a 40 percent stake in British Columbia natural-gas assets to Japan's Mitsubishi Corp. in a C$2.9 billion ($2.9 billion) deal that will help the energy company strengthen a balance sheet weakened by low gas prices.
Storm clouds form near a BP station in Alexandria, Virginia July 19, 2010.

Large BP Crude-Oil Refinery in Washington State Idled Following Fire

BP PLC idled production at its Cherry Point refinery in Washington state on Saturday, a day after a large fire broke out near the core crude oil unit of the third-largest plant on the West Coast. The idling of the plant near Ferndale, Wash., could drive fuel prices higher next week.
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A customer visits the Apple Store in New York City's Grand Central Station

Apple Files EU Patent Complaint, Motorola Mobility Says

Apple Inc. has requested European Union antitrust regulators to step in and settle a technology patent dispute between the company and Motorola Mobility Holdings Inc., according to a Motorola Mobility regulatory filing on Friday.
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On Astor Place, New and Old Clash

Developer Edward Minskoff's obsidian and silver edifice at 51 Astor Place will soon mark the latest transformation of New York's East Village.
Allen Stanford arrives at the Federal Court in Houston January 23, 2012.

Investors Mark Unhappy Anniversary at Allen Stanford's Trial on Friday

Defense lawyers made a case for Allen Stanford's innocence on Friday in a courtroom filled with people who claim he stole millions of dollars of their savings. Some two dozen investors were at the federal courthouse in Houston to mark the third anniversary of the closure of the Stanford Financial Group in February 2009.
Melissa Gerstein and Denise Albert walks the runway for Strut: The Fashionable Mom Show - Runway at The Donald & Mary Oenslager Gallery on February 16, 2012 in New York City.

New York Fashion Week: ‘Strut: The Fashionable Mom Show’ Sends Mothers Down the Runway [PHOTOS]

On Thursday, mothers were in the spotlight to hit the runway for Strut: The Fashionable Mom Show, the first ever show featuring moms for Mercedes-Benz Fashion Week in New York. Featuring over 20 mothers wearing a mix of designer and non-designer clothing, women of all shapes and sizes walked the runway to songs from Beyoncé, Rihanna and LMFAO's Sexy and I Know It held in The Donald and Mary Oenslager Gallery at the New York Public Library for the Performing Arts at Lincoln Cen...
Air Australia

Air Australia Collapse: How It Happened

The convoluted path of Air Australia, which is less than four months old and operated on a leased fleet of five aircraft, is being framed as a case study in which corporate hubris and a hands-off approach from corporate regulators combined to deliver a spectacular demise.
The Chrysler 700 C concept van is displayed on the final press preview day for the North American International Auto Show in Detroit

Chrysler Pulls U.S. Loan Application After Strong Financials

Chrysler Group on Thursday withdrew its application for a $3.5 billion Advanced Technology Vehicles Manufacturing loan from the Dept. of Energy after the company's financial outlook improved and the government ramped up its lending standards.
Brittanee Drexel Missing Since 2009

Brittanee Drexel: Raymond Moody New Person of Interest in 2009 Disappearance

Brittanee Drexel, a-17-year-old girl on spring break in Myrtle Beach, disappeared in 2009. It will be three years on August 25 since the New York teen disappeared from outside her hotel on Ocean Boulevard in Myrtle Beach. Police are now naming convicted sex offender Raymond Moody, 51, as a person of interest in the police classified “cold case.”
An employee walks past the Baidu company signage outside its headquarters in Beijing

Baidu 4Q Beats Analysts' Expectations

China's top search engine, Baidu Inc, beat Wall Street's earnings estimates as its revenue grew more than 80 percent year-on-year in the fourth-quarter.
Samsung Galaxy S2

Samsung Galaxy S2 vs. Motorola Droid 4: Who Wins the Android Smartphone Battle? [VIDEO]

The Samsung Galaxy S2, considered the best Android smartphone yet, has received rave reviews around the world since its launch. Droid 4, on the other hand, Motorola’s first smartphone that combines 4G LTE with a QWERTY keyboard. Check out the comparison of the features of two great phones launched by AT&T (Galaxy S2) and Verizon (Droid 4) and see how they are going head-on-head.
An employee walks past the Baidu company signage outside its headquarters in Beijing

China's Baidu Looks to Mobile Search for Growth

China's top search engine, Baidu Inc, plans to begin monetizing its mobile search traffic and social media platforms this year in an effort to boost growth outside its traditional PC domain, Baidu's chief executive said on Friday.

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