COMPANIES

cocoa

Ivory Coast cocoa in disarray from crisis-farmers

A cocoa export ban in Ivory Coast and a liquidity shortage since incumbent Laurent Gbagbo seized the central bank's local branch has left the top grower's cocoa industry in chaos, with beans piling up on farms or being smuggled out, farmers said on Wednesday.
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Tribune lenders drop competing bankruptcy plan

A group of lenders has withdrawn its plan for reorganizing newspaper owner Tribune Co, leaving two proposals for ending the company's two-year stay in bankruptcy, according to court documents.
Image of a passenger appears on the screen as Transportation Safety Administration employees demonstrate new body scanner software in Arlington, Virginia

U.S. pilots new airport scans after privacy concerns

U.S. aviation security authorities on Tuesday unveiled a new pilot program aimed at quelling an uproar about full-body scanners used to screen air travelers -- the new software will no longer produce an image of the actual person.
DLA Piper

DLA Piper to become Wal-Mart of law firms

DLA Piper is all set to emerge as the largest law firm in the world in terms of revenues and the number of lawyers, after it merges with its Australian partner DLA Phillips Fox.
Ssangyong Motor

M&M in final stages of Ssangyong buy

Mahindra & Mahindra inched closer to establish its presence in southeast Asia, with an executive saying the company will make full payment by Feb. 7 for South Korea's Ssangyong Motor buy.

Joblessness, rising prices may fuel unrest: IMF chief

The world economy is beset by problems such as high unemployment and rising prices which could fuel trade protectionism and even lead to war within nations, the head of the International Monetary Fund warned on Tuesday.
 GE to host electric vehicle tour in US

Hawaii region gets its first Nissan Leaf

After a San Francisco Bay Area South Carolina, Seattle and Tennessee resident received the deliveries of all electric Leaf, Nissan Motors on Tuesday carried out its first Leaf delivery in the Hawaii region.

Barry Manilow drops price of his Malibu Beach house

Barry Manilow, an American singer–songwriter, musician, arranger, producer, conductor, and performer, dropped the price of his Malibu Beach house to $7,991,938 after trying to unload it for nearly two years.

Apple, HTC Remain Top Picks in Wireless Quarter Recap: Analyst

Robert W. Baird said it have complied a brief recap of the initial fourth quarter big-cap wireless winners and losers. In the Smartphones division, the winners are Apple and HTC on strong results and guidance, while the losers are Nokia and Motorola Mobility.

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