COMPANIES

Executives at a concrete testing company were arraigned on Thursday on charges of falsifying thousands of reports on public and private projects, including the new Yankee Stadium and an air-traffic control tower at LaGuardia Airport.

Cleetus Friedman is convinced consumers will continue to pay a premium for healthier, locally sourced food, despite the sluggish economy that has many watching their wallets.

Wholesale gasoline discounts in Los Angeles were unchanged on Wednesday but the outright price fell due to a drop in in the NYMEX benchmark, traders said.

Digital textbook company Inkling announced Wednesday that is has scored $17 million in second-round funding from Tenaya Capital to compete with major competitors entering the space.

Fluor Corp (FLR.N), the largest publicly traded U.S. engineering company, posted unexpected second-quarter profit growth and said its backlog of work surged to a new record, lifting its stock by 7 percent.

Transocean Ltd (RIGN.VX) (RIG.N), the world's largest offshore drilling contractor, raised its 2011 tax rate guidance for the second time due to a shift in the regional mix of its working rigs.

Los Angeles' restless and ever-changing food scene is hard to define, but it has forced U.S. diners to rethink their concept of what a restaurant is.

We've talked about the rise of New York as a tech hot spot, but the challenge of attracting good engineering and technical talent remains one of the region's biggest hurdles. Now Next Jump, a New York-based rewards and offers provider, is teaming with the New York Stock Exchange to host a major engineering-only recruiting event on the floor of the NYSE.

Automobile production in Brazil rose 3.9 percent BRAOPM=ECI and sales increased 0.6 percent BRASLM=ECI in July from June, the national automakers' association said on Thursday.

Nokia Siemens Networks will cut as many as 1,500 jobs from assets acquired from Motorola, a spokesman announced on Thursday.

Hedge fund titan John Paulson's flagship funds performed poorly in July and sank further into the red for the year.

Chrysler is recalling nearly 300,000 minivans.

Defense may ask to relocate the trial to another jurisdiction

Apple has created thriving businesses with its Mac computers and the recent stable of gadgets like the iPhone and iPad, but one analysts predicts the company may merge these worlds atop a new Apple processor.

Kraft Foods Inc Chief Executive Irene Rosenfeld is breaking up the food giant, just 18 months after driving through the controversial acquisition of UK chocolate maker Cadbury.

Southwest Airlines said Thursday it will freeze or reduce capacity in 2012 due to rising fuel costs, which likely means U.S. airline passengers will pay more for tickets.

In a surprising move on Thursday, Kraft Foods decided to split its company into two different sections: one focusing on candy and one focusing on grocery foods. IBTimes takes a look at where Kraft's most famous brands will be headed.

Faye Dunaway has moved from her Manhattan apartment after reports emerged that she was being evicted from the rent-stabilized residence, citing poor conditions and lack of time spent there.

People have heard about products that are made in China and shipped to other countries but this time the Chinese chopsticks are produced in America and shipped to China.

Kraft aims to split its company into two distinct businesses. The company said the move could occur by the end of this year.

Anthony Sowell, an Ohio sex offender, convicted of the murder of 11 women, was subjected to violent physical abuse as a child. Sowell's niece, Leona Davis, 50, who had spent her childhood with the convict's family following her mother's death, described the harrowing experiences she and Sowell had undergone as children, during a testimony in the court.

A growing number of Australians expect property prices to fall over the next year, a new survey has found.

Airlines are expected to see a drop in profit for the first time since 2009, according to the International Air Transport Association, which serves as an intriguing lead-in into Southwest Airline's earnings report on Thursday.

Competition is brewing in the small but booming market for flash memory used in corporate data centers, and analysts foresee a wave of consolidation as larger players move in.

Security experts announced on Wednesday the discovery of an unprecedented series of cyber attacks spanning five years that affected the networks of 72 organizations globally, including the United Nations, governments and corporations.

Competition is brewing in the small but booming market for flash memory used in corporate data centers, and analysts foresee a wave of consolidation as larger players move in.

Silicon Valley?s fuel cell maker Bloom Energy continues to add customers looking to power part of their data center operations with distributed, cleaner power in California. On Thursday, the U.S. division of Japanese telecom giant NTT, NTT America, said it will install five Bloom fuel cells at one of its data center facilities in San Jose, Calif.

The British tour operator closes its doors, leaving 12,000 vacationers stranded and scrambling for alternative travel plans.

Silicon Valley?s fuel cell maker Bloom Energy continues to add customers looking to power part of their data center operations with distributed, cleaner power in California. On Thursday, the U.S. division of Japanese telecom giant NTT, NTT America, said it will install five Bloom fuel cells at one of its data center facilities in San Jose, Calif.