Technology company LogMeIn Inc has set the terms of its planned $100 million initial public offering, according to a regulatory filing on Tuesday.
PARIS - SAP AG, the world's biggest maker of business software, sees signs of an improvement in the sector and is sticking to its 2009 operating margin goal, Chief Executive Leo Apotheker said on Wednesday.
Danvers Bancorp Inc said it agreed to buy Beverly National Corp in an all-stock deal worth about $62 million to strengthen its market position in Massachusetts' Essex County.
The chief executive officer of Waste Management Inc, the No. 1 U.S. trash hauler, said on Wednesday that he expects to announce a partnership to build refuse-fired power plants in China within the next 20 days.
NICE Systems and Actimize, a NICE Systems Company, today announced the acquisition of the assets of Syfact, a pioneer of enterprise investigative case management solutions.
Rio Tinto and BHP Billiton's proposed iron-ore joint venture has a strong monopolistic flavor and Chinese firms are actively seeking ways to cope with it, state media on Wednesday cited a senior official as saying.
FedEx Corp reported a larger quarterly loss on Wednesday and gave an outlook well below Wall Street estimates for the current period, citing the recession's impact on package volumes and rising fuel costs that will hit its bottom line.
So what happens after the stimulus and pull forwards? This is a situation we will one day be asking... as I wrote the other day the master plan seems to be for the government to give away money month after month
Watson Pharmaceuticals Inc said on Wednesday it will buy privately held Arrow Group for $1.75 billion, clinching a long-expected deal by the U.S. generic drugmaker to expand internationally.
U.S. mortgage applications fell for a fourth consecutive week, with overall demand plunging to its lowest level in nearly seven months, data from an industry group showed on Wednesday.
FedEx Corp on Wednesday reported a larger fourth-quarter loss, due to charges at two units that have been hit by the recession, but gave a low outlook for the current quarter, citing the continued downturn and rising fuel prices.
The Boston Globe and its largest union ended this week's second marathon round of talks early Wednesday morning without a deal on pay and benefit cuts, and plans to meet again next week.
Qatar expects to reveal the outcome of talks on buying a stake in ailing German sportscar maker Porsche SE in two to three weeks, the country's prime minister said, according to media reports.
Swedish carmaker Saab secured a key court ruling on Wednesday to cut billions of crowns in debt, paving the way for its proposed takeover by local sportscar maker Koenigsegg.
Real estate tycoon Donald Trump has made a bid to buy New Jersey casino operator Trump Entertainment Resorts Inc, which in February logged its third bankruptcy filing, the Wall Street Journal reported on Tuesday.
Swedish carmaker Saab Automobile secured a key court ruling on Wednesday allowing it to cut billions of crowns of debt and paving the way for a takeover of the General Motors unit by local sportscar maker Koenigsegg.
Boeing Co will discuss added costs for its B787 airliner with supplier partners after the plane's first flight, Boeing Chief Executive Jim McNerney said in an interview published on Wednesday.
Ferdinand Piech, a co-owner of Porsche , is resisting a quick decision to let the Gulf state of Qatar take a minority stake in the German automotive group, the Financial Times Deutschland reported.
The Obama administration on Tuesday said it will back repealing a hard-to-enforce tax on personal use of work cellphones, appeasing the business community, phone makers and users.
Beverage maker Red Bull, is once again sponsoring its own hip-hop music competition, holding its third annual national search for a music producer who will win a chance to work an established artist.
Several years ago, malt beer distributors in Pennsylvania were on the offensive, considering ways to allow the state to let them sell smaller quantities the alcohol, instead of the full case they’re limited to.
Texas cardiologist, James Rohack was on Tuesday inaugurated as president of the American Medical Association in Chicago.
Sweden's Koenigsegg, a niche manufacturer of some of the world's fastest and most expensive sports cars, has struck a deal to buy loss-making Saab Automobile from General Motors Corp, the companies said on Tuesday.
The Obama administration on Tuesday said it will back repealing a hard-to-enforce tax on personal use of work cell phones, appeasing the business community, phone makers and users.
Adobe Systems Inc, the maker of Photoshop and Acrobat software, reported a quarterly revenue drop that was not as steep as Wall Street analysts had feared and its profit came in line with forecasts.
General Motors Corp. customers are expected to keep the recent trend of improving monthly car sales alive in June, Chief Executive Officer Fritz Henderson said on Tuesday.
Large U.S. corporate bankruptcies have accelerated in recent weeks as the U.S. economic slowdown claims more victims, according to industry data.
The federal tax credit for plug-in hybrid and all-electric vehicles in the U.S. — $7,500 — is just enough to let Tesla Motors tout a sub-$50,000 base price for its planned Model S electric sedan
German industrial conglomerate Bosch ROBG.UL expects revenue in its core car parts business to decline by about a fifth this year in line with global production volumes.
A federal judge gave bankrupt Delphi Corp (DPHIQ.PK) final approval on Tuesday to tap former parent General Motors Inc (GMGMQ.PK) for access to $250 million in funding that is expected to support the Troy, Michigan-based auto parts supplier until it can emerge from bankruptcy.
