Olympus Corp's creditors are not expected to demand changes in loan terms or take other abrupt steps and risk hurting their own interests when they meet company executives on Wednesday to grill them about the firm's huge accounting scandal, sources and analysts said.
Kingfisher Airlines on Tuesday reported a doubling of its loss in the fiscal second quarter on higher fuel prices and operating costs, amid investor worries about its future.
MF Global Holdings Ltd may have faced a shortfall in customer funds even as far back as October 27, four days before the U.S. futures brokerage filed for bankruptcy protection, the Wall Street Journal said, citing people familiar with the situation.
Alex Denner, the top healthcare deputy for Carl Icahn, confirmed on Monday that he had resigned from the billionaire investor's firm.
French luxury goods conglomerate, LVMH Moët Hennessy Louis Vuitton S.A. has announced that the company has acquired 100 percent shares of leading Swiss watch dial-maker, ArteCad.
A petition against a Thanksgiving night opening for Target stores nationwide Friday has amassed more than 70,000 signatures since it began two weeks ago, but will it be enough for the retail giant to alter its plans?
That water bottle you're drinking out of right now and will throw in the recycle bin later - oh, you better throw it in the recycle bin - could be put to more renewable use.
This Black Friday Guide has all the deals, sales and doorbusters frugal shoppers need to know about when looking to get a jump on holiday shopping on the cheap.
Retailers are growing again, a new study shows, as companies start to embrace strategies like e-commerce and international initiatives.
AT&T is the leading Internet Service Provider among businesses in the United States, handily beating out rival Verizon.
Brazil's oil agency said a link exists between the company's drilling operations and the seep on the ocean floor which has so far released up to 650 barrels of oil into the ocean.
Even after Bank of America backed off its $5 monthly debit card fee, banks are still raising existing fees and tacking on new fees in order to garner additional revenue.
Young Woo & Associates has sold the retail space at 72 Wall St. in Lower Manhattan for $14.5 million, according to New York City records.
In the aftermath of a sex abuse scandal involving former Penn State defensive coordinator Jerry Sandusky and its fallout - including the firing of legendary head coach Joe Paterno - ticket prices for the team's football game Saturday vs. Nebraska fluctuated drastically.
Sprint Nextel is cutting prices on their 3G/4G data plans in order to better compete with its largest rivals, the company announced Monday.
The publisher of the publications, Ray Chelstowski, has been given the ax; a source tells the Wall Street Journal. The move was made given the ownership's displeasure with advertising revenue.
Is lulumelon's model choice an unfortunate oversight, or are some redditors color blind?
Disney Online announced Monday that it has acquired parenting blog platform Babble Media, allowing Disney to strengthen their portfolio in new media.
Brazil's premier oil company Petrobras reported a 26 percent year-over-year decline in net profit on the back of higher costs.
Efforts made by Chevron Brazil officials to control an ocean-floor oil leak off the coast of Brazil continue.
Netflix and Lionsgate UK jointly announced a new multi-year licensing agreement Monday, making Netflix the exclusive subscription streaming service in both the United Kingdom and Ireland for first-run films produced by Lionsgate.
J.C. Penney Co Inc issued a tepid holiday sales forecast compared to its rivals and said it expects further decline in gross margin, showing how much work lies ahead as new CEO and former Apple Inc executive Ron Johnson tries to turn around the department store chain.
British luxury automobile brand, Rolls Royce, has announced a 30 percent growth in sales, for the year to date, as compared to a similar period in 2010; the company claims to have recorded double digit growth across the world.
Budget carrier SpiceJet will evaluate selling stake to a foreign carrier if the government were to change foreign direct investment rules.
Cloud computing could be key for Oracle's (NASDAQ:ORCL) future and the company's recent acquisition of RightNow implies it is making the right moves in this space.
The board of cash-strapped Kingfisher Airlines will consider on Monday a proposal to cut its about $1.3 billion debt by more than half.
A paint capable of leaching acrylonitrile, a tumor-causing toxin, was used to paint the water tanks of up to 50 cruise liners owned by cruise companies including Royal Caribbean, Norwegian Cruise Line, and others in 2004.
Black Friday 2011 is Nov. 25, and with retailers predicting record numbers of shoppers swarming stores the day after Thanksgiving, it's good to have some tips for nabbing the best sales. Follow these top ten tips, from where to look online for early deals to warranty checks and getting bigger sales, we predict 2011 will be your best shopping year to date.
A North Carolina couple is suing Air Tran Airways, claiming that their flight had cockroaches coming out of air vents and storage areas. The flight staff, they alleged, ignored their concerns.
Swiss drugmaker Roche Holding AG does not need a new cost-cutting program after it announced a big savings plan last year, Chairman Franz Humer told a newspaper on Sunday.
