COMPANIES

GM recalls 4,873 Sonic cars in U.S. and Canada

GM recalls 4,873 Sonic cars in U.S. and Canada

General Motors Co is recalling 4,873 of its current year Chevrolet Sonic subcompact cars in the United States and Canada for possible missing front brake pads, the company and federal safety regulators said on Friday.
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People ride their bikes past Google Inc. headquarters in Mountain View

Google Ending 2011 on High Note: Analyst

Robert W. Baird believes that Google Inc. (NASDAQ: GOOG) finished 2011 on a strong note, with healthy Search and e-commerce trends likely driving upside to consensus estimates. The brokerage reiterated its outperform rating on shares of Google, while increasing its price target to $760 from $700.
iPad 3 Mini about to Challenge Amazon Fire ?

Fresh Report Dismisses Release of iPad 3 in January

The iPad 3 remains one of the company's most successful products and the new version is one of the most highly anticipated tech products of 2012. However, confirmation of long-running speculations on the device's design and specs will, it seems, have to wait until Apple does actually launch the tablet.
Mark Hurd

New details emerge on flap between HP, Hurd

Former Hewlett Packard CEO Mark Hurd made romantic advances over several years toward an independent contractor who later accused him of sexual harassment, according to a letter from her lawyer obtained by Reuters.
Mark Hurd, chairman, CEO and president of HP speaks at the Fortune Brainstorm Tech conference in Pasadena, California

Woman Accuses Ex-HP CEO Hurd of Sexual Harassment

Former Hewlett Packard CEO Mark Hurd made romantic advances over several years toward an independent contractor who later accused him of sexual harassment, according to a letter from her lawyer obtained by Reuters.
Customers wait at a Verizon Wireless store in Boca Raton, Florida February 10, 2011. REUTERS/Joe Skipper

Verizon 4G Network Loses Power Yet Again

Verizon may be the largest U.S. mobile broadband supplier, but a series of network outages throughout December have plenty of customers on edge, and it's the kind of thing many customers won't forget. After all, it was just this kind of coverage issue that drove so many people from AT&T over to Verizon a year ago as AT&T slipped to the number two spot among U.S. teleco's.
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Ruby Developer Demand Remains High in 2012 Outlook in NYC, Silicon Valley

Analysis from CyberCoders, a technology staffing company, has revealed that Ruby developers are in the highest demand, at least financially speaking, and earn about $106,667 per job on average (in New York City). The demand for Ruby developers in Palo Alto remains high, too. Ruby developers in the West can earn $115,000 annually on average.
Mark Hurd, chairman, CEO and president of HP speaks at the Fortune Brainstorm Tech conference in Pasadena, California

U.S. court: Unseal letter in HP Hurd case

An appeals court ruled that a letter linked to Mark Hurd's abrupt departure from his post as chief of Hewlett-Packard Co should be unsealed, potentially revealing new details about his dramatic exit from the technology giant.
To match interview MOSAIC/

Analysis: Mosaic May Have Won Skirmish in Fertilizer Wars

Mosaic, a leading North American fertilizer producer, may have won the battle to arrest a plunge in phosphate prices ahead the region's spring planting season, but it still risks losing the war as overseas capacity surges in the coming years.
Mark Hurd, chairman, CEO and president of HP speaks at the Fortune Brainstorm Tech conference in Pasadena, California

Unseal letter in HP Hurd case: court

An appeals court ruled that a letter linked to Mark Hurd's abrupt departure from his post as chief of Hewlett-Packard Co should be unsealed, potentially revealing new details about his dramatic exit from the technology giant.
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Financier Edwards' RCR buys British Columbia ski resort

A ski resort company owned by Calgary financier Murray Edwards has bought Kicking Horse Mountain Resort in British Columbia from its Dutch developer, bringing to three the number of properties it owns in the Rocky Mountain region, which is known for deep powder skiing.
U.S. court revives Celestica shareholder lawsuit

U.S. court revives Celestica shareholder lawsuit

Celestica Inc was ordered by a U.S. appeals court to face a shareholder lawsuit accusing the Canadian electronics company of securities fraud for misleading investors about its financial health and restructuring costs.
Caterpillar sets new pay terms; CAW not striking

CAW seeks strike OK at Caterpillar plant

The head of the Canadian Auto Workers union is looking for a green light from members to potentially strike Caterpillar over a contract dispute in London, Ontario.
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Deutsche Telekom in $95 million bribery settlement

German phone company Deutsche Telekom AG and a Hungarian unit will pay more than $95 million to settle U.S. criminal and civil probes into the bribery of government officials in Macedonia and Montenegro.
Apple Lawsuits Could Boost Samsung Galaxy Sales

Tech Patent Wars 2012: No Settlements in Sight

Technology companies appear likely to resume battle in 2012 on three major fronts of the patent wars: smartphone designs, operating systems and semiconductor chip sets. Despite passage of copyright reform under the America Invents Act in September, technology lawsuits persist and experienced lawyers worry that little will change.
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Deutsche Telekom settles U.S. bribery probes

Deutsche Telekom AG will pay more than $95 million to settle U.S. criminal and civil charges that a Hungarian unit and three former executives schemed to bribe government officials in Macedonia and Montenegro.
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Court says letter in HP Hurd case should be released

An appeals court ruled that a letter linked to Mark Hurd's abrupt departure from his post as chief of Hewlett-Packard Co should be unsealed, potentially revealing new details about his dramatic exit from the technology giant.
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Boxee Gives up on Windows, Mac, Linux, Instead Focused on Tablets

The Brooklyn-based software company Boxee has announced that the latest version of their popular media center software will be the last iteration for Windows, Mac and Ubuntu. Boxee software will be available on Boxee.tv through the end of January according the website.

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