British Petroleum PLC, announced late Sunday that it would shut off its biggest U.S. oil field due to corrosive oil pipes.
Forbes Media LLC announced on Thusday that it had sold a minority stake in the company to a private equity group.
Martha Stewart, the high profile founder of Martha Stewart Living Omnimedia, settled civil charges with the SEC on Monday regarding charges of insider trading brought against her several years ago.
Several options grants to top executives at Apple Computer Inc. were dated just before sharp increases in its stock between 1997 and 2001, the Wall Street Journal reported on Monday, citing a review of regulatory filings.
Toyota released its fiscal first quarter earnings report for 2006 on Thursday, announcing a rise in net profit due to increased demand for its fuel efficient vehicles in the U.S. market.
Arcelor and Mittal Steel Company named its first CEO, Roland Junck to lead the company.
Northwest Airlines applauded the U.S. Congress for its approval of pension reform legislation on Thursday, saying it would save the pension benefits of 73,000 current and former Northwest employees.
South Africa's largest money lender, Absa Group Ltd announced on Thursday that full-year earnings might be lower than 2005's performance, in spite of reported strong first half-year earnings.
Ford Motor Co., announced a recall of 1.2 million vehicles including trucks and Sport Utility Vans (SUV) which had the cruise control feature over concerns that they could catch fire.
Goodyear Tire & Rubber Co. released its 2006 second quarter earnings report blaming a drop in net profit on higher raw material cost, weakness in the North American tire market, and a restructuring charge.
Anglo American Plc, the world's third-largest miner, will hand back an extra $5 billion to investors after meeting forecasts with a 44 percent rise in first-half earnings on Friday, lifting its shares 5 percent.
Africa's booming telecommunications industry has left Zimbabwe trailing behind, as the declining economy has hindered the country's main operators' ability to expand their networks, said a leading industry official on Wednesday.
Starbucks today released its fiscal third quarter earnings for 2006, highlighting a higher net profit and more stores opening despite a slow down in store sales.
Sprint Nextel, a global communication services company, announced a lower than expected net profit for the second quarter of 2006.
Kawasaki Heavy Industries Ltd. said on Thursday it will end its 15-year- old contract with Airbus to supply body panels for A321 aircraft at the end of March.
Ford Motor Co. today announced a loss of $254 million or 14 cents per share for the second quarter. The new amount is nearly double what the company had previously reported.
South African new vehicle sales rose 20.8 percent in July, adding momentum to its steady growth rate over the past months, said the National Association of Automobile Manufacturers of South Africa on Wednesday.
DaimlerChrysler, the third largest U.S. car manufacturer, said on Tuesday that it would retain its employee discount offer in a bid to boost declining sales.
Time Warner, the world's largest media company, released its second quarter earnings on Wednesday, highlighting rapid revenue growth in its cable and network segments.
In a bid to boost its subscriber base, AOL, part of the Time Warner media conglomerate, announced today that it will be offering its services, such as e-mail and anti-spam software, for
Time Warner Inc. on Wednesday said its AOL unit will no longer charge high-speed Internet users for e-mail and other Web services in a gambit to attract more viewers and boost online advertising.
Don't be surprised to see the Big Three automakers lower production forecasts for the rest of the year in light of soaring gasoline prices, slowing economic growth, and the sorry state of affairs in the automobile industry.
U.S. health regulators will meet immediately with Barr Pharmaceuticals Inc. about the over-the-counter status of the Plan B contraceptive known as the morning-after pill, according to a report on cable network CNBC Monday.
Employees of retail giant Wal-Mart have set up their first trade union in China, a move analysts said on Monday could lead to more unionization in the sector.
Avon Products Inc., the world's largest direct seller of cosmetics, on Monday said second-quarter profit fell 54 percent on costs related to job cuts and other restructuring moves.
A federal judge late on Friday rejected a request for an injunction against the McClatchy Co. sale of three San Francisco Bay-area papers it acquired when it bought Knight Ridder Inc. this year.
Wal-Mart, the world's biggest retailer, announced today that it decided to close its operations in Germany, by selling its 85 stores to a local rival, Düsseldorf-based Metro AG.
Wendy's International, one of the world's largest restaurant chains, announced its second quarter earnings on Thursday, blaming losses on impairment charges for its Baja Fresh Mexican Grill operation.
After three years of holding out, hard rockers Metallica are now allowing individual song downloads from their albums on Apple's iTunes Music Store.
ConocoPhillips, the third largest U.S. oil company, released its earnings for the second quarter of 2006 on Thursday, showing a surge in net profit attributed to the inclusion of the recently acquired Burlington Resources and high oil prices.
