COMPANIES

At the Frankfurt Motor Show two new Defender cars were unveiled by Jaguar Land Rover.

The jobs cut is the single largest job reduction by a U.S. company this year, and the most since the U.S. Postal Service said last year it wanted to cut an additional 30,000 jobs.

A supersized White Castle customer, having had enough of complaining to the management about the restaurant chain's smaller booths, is now taking the case of insensitivity to the federal court.

Cargill Inc said on Sunday that it will recall ground turkey products at one of its U.S. facilities for the second time in two months after a U.S. government body found salmonella contamination.

In a groundbreaking announcement, the Municipal Securities Rulemaking Board (MSRB) has advised municipal bond market participants that many “bank loans” currently being structured for state and local governments are likely to be classified as municipal securities, even though these “bank loans” are often being privately placed.

Uniformed officers are seen bumping and grinding at West Indian Day Parade in Brooklyn

On the day President Barack Obama sent his $447 billion jobs bill to Congress in a bid to solve America's unemployment problem, the Bank of America delivered an economic blow -- announcing plans to slash as many as 30,000 jobs.

Cargill issues a Class I recall on Sept. 11.

Bank of America tried to grow at the peak of the U.S. financial disaster several years ago, acquiring Countrywide Mortgage and Merrill Lynch, the investment bank, but now the Charlotte, N.C.-based company is destined to shrink. The company disclosed plans on Monday to cut 30,000 jobs, as the nation's largest bank tries to cut costs as the U.S. economy continues in a slow-growth, high unemployment mode.

(Reuters) - McGraw-Hill Cos Inc. plans to split into two public companies, with one holding its Standard & Poor's ratings and index businesses and the other holding its textbook publishing units.

WellPoint Inc, a U.S. health insurer, and International Business Machines (IBM) have agreed to use IBM's Watson technology to help physicians identify best treatment options.

Oil and natural gas company Venoco Inc raised its full-year capital expenditure forecast to $250 million from $200 million, partly due to the construction of a newly approved pipeline.

Canada's Rainy River Resources Ltd said drilling in the western area of its northwest Ontario gold project continued to show narrow zones of high-grade gold mineralization and wider zones of low-grade gold mineralization.

Newmont Mining Corp.'s Indonesian unit said on Monday it is in talks with a worker union and local government to solve a protest that blocked access to its copper and gold mine last week.

Jewelry company Richline International, part of billionaire investor Warren Buffett's Berkshire Hathaway, will buy its fifth small Italian jewelry brand as it plans to expand further in Italy.

With Tim Cook taking over the role of Steve Jobs the question raised is whether he can fill the shoes properly. Certainly he can if he is capable of focusing on the below five dimensions of being an excellent effectual entrepreneur.

Audi has teamed with Best Buddies International for the 5th Audi Best Buddies Challenge striving to engage more than 1,500 participants and raise $4 million in total donations.

Nearly 185,000 pounds of ground turkey is being recalled following the finding of a low level of salmonella infection in a sample.

Three days after she was given the pink slip by Yahoo, Carol Bartz has resigned from the company's board as well on Friday.

In the world of consumer electronics, Apple has emerged as the leader, redefining a number of industries and generating revenue and margins competitors could only dream for, but that delicate lead may be coming to an end.

The recent executive shakeup at Bank of America followed by reports of massive layoffs at the bank may leave you wondering what the turmoil means for you - either as a client of the banking colossus and Merrill Lynch, the brokerage firm it owns, or as a shareholder.

Without qualification or conditions, amid a tepid U.S. economic recovery, the U.S. housing market remains a buyer's market. That said, are there ways home sellers can better-position their home for a sale amid such intense competition? Indeed there are, and here are five.

In the event the Bank actually follows through with this huge elimination, it would represent one of the biggest job culls in recent corporate history.

McDonald's Corp (MCD.N) reported a lower-than-expected rise in worldwide August sales at established restaurants on a steep drop in Japan and a lull in new product launches in the United States.

Bank of Nova Scotia (BNS.TO) said on Friday it will buy a near 20 percent stake in Bank of Guangzhou for about C$719 million ($722 million) to expand its footprint in China, becoming the latest foreign bank to invest in a Chinese bank before the bank does an IPO.

A U.S. court has approved a proposed $263.4 million settlement by Hecla Mining Co. to resolve a 20-year-old dispute involving the silver mining company's liabilities for an environmental contamination in Idaho's Coeur d'Alene Basin.

While the Samsung Galaxy S2 is grabbing success in other parts of the world and is about to hit the U.S. market, Motorola Droid Bionic has hit the ground and Apple’s iPhone 5 is crawling through slews of rumors to reach the release date.

Bank of America executives have discussed slashing roughly 40,000 jobs during the first wave of a restructuring, the Wall Street Journal reports, citing people familiar with the plans.

If Sprint (S) obtains the right sell Apple's iPhone 5, will it spark a cell phone renaissance or an IPhone 5 Wave that benefits both AT&T (T) and Verizon (VZ), as well?