COMPANIES

A woman walks past the entrance to offices of the McGraw-Hill Companies, in New York

McGraw-Hill Hunting for Head of Education Business: Report

McGraw-Hill Companies Inc has enlisted executive recruiters Heidrick & Struggles International Inc to help in their search for a chief executive for its recently spun off education business, the Wall Street Journal said on Friday in its online edition.
IBTimes Logo

U.S. Listeria Toll Rises to 15, Dozens Ill

Two more people in the United States have died from eating listeria-tainted cantaloupes, bringing the death toll to 15 in the country's deadliest foodborne outbreak in more than a decade, health officials said on Friday.
More news
IBTimes Logo

Analysts Assess Impact of Defense Cuts on US Jobs

Defense Secretary Leon Panetta has warned that a potential $1 trillion cut to the Pentagon budget could raise U.S. unemployment by 1 percentage point but analysts differ on how many jobs could be lost and what that actually means for the economy.
Reebok EasyTone store

Reebok to Pay $25 mln for Toning Shoe Claims

Reebok International Ltd has agreed to pay $25 million to settle charges that it made unsupported claims that its toning shoes help wearers get fit faster, the U.S. Federal Trade Commission said on Wednesday.
IBTimes Logo

Kraft Boss Bumps Pepsi Chief as Top US Woman Exec

Kraft Foods (KFT.N) boss Irene Rosenfeld is the most powerful woman in U.S. business, Fortune magazine said on Thursday, bumping PepsiCo Inc (PEP.N) chief Indra Nooyi into second spot after five years on top.
IBTimes Logo

AstraZeneca Settles One Seroquel XR Lawsuit

AstraZeneca PLC (AZN.L) said on Thursday it has reached a settlement with privately held Handa Pharmaceuticals LLC that will keep the company from selling a generic form of its Seroquel XR anti-psychotic medicine in the United States until late 2016.
IBTimes Logo

Geron Names John Scarlett as CEO

Geron Corp (GERN.O), which is conducting the first U.S.-approved human embryonic stem cell trial, has named John Scarlett as its chief executive officer, replacing interim CEO David Greenwood, who will leave the biotech company at the end of the year.
U.S. Banks: Dividend hikes, M&As on their way

U.S. Banks Woo California in Mortgage Settlement

The largest U.S. banks, eager to get legal protection after widespread evidence emerged of foreclosure shortcuts, are trying to convince California to be part of a multi-state mortgage settlement and not pursue its own aggressive deal.
Conference attendees look over the new Blackberry PlayBook at the Research in Motion Blackberry developers conference in San Francisco

Blackberry Playbook Not Abandoned ... Yet

Research in Motion rebuffed speculation that it was following HP's footsteps in abandoning its poor performing Playbook tablet, but the move highlights its difficulties penetrating Apple's dominant market position.
U.S. home construction unexpectedly fell 1.1 percent in February

Good Time to Lock in a 30-Year Fixed Home Mortgage Rate?

Amid a sluggish U.S. economy with inadequate job growth, there has been one unabashed bright spot: home mortgage interest rates, currently about 4.10 percent for a 30-year, fixed-rate mortgage, are the lowest in decades. Is now a good time to take the plunge a purchase a home?
IBTimes Logo

Blackout Probe Seeks California Market Information

The group that oversees the power grid serving the Western United States has requested potentially sensitive market information as it investigates the Sept. 8 power outage that left 7 million people in the dark in California and Arizona, the California grid operator said on Wednesday.

Pages

IBT Spotlight

We Help Businesses Find B2B Service Providers They Can Trust.