UNITED STATES

IBTimes Logo

Exxon's CEO compensation up 6.6 percent

The chief executive officer of Exxon Mobil Corp , the world's largest publicly traded oil company, received $29 million in total compensation in 2010, a 6.6 percent increase from the previous year, a regulatory filing showed on Wednesday.

New Wal-Mart vendor? First, head down the street

IBTimes Logo
It all starts with Walmart 101.Companies trying to sell goods to Wal-Mart Stores Inc often find it difficult to figure out the best ways to work with the world's largest retailer, as each buyer has his or her own style and there are vast amounts of sales data to decipher.
More news
IBTimes Logo

Motorola and Huawei settle trade secret dispute

Motorola Solutions Inc and China's Huawei Technologies Co have settled a legal dispute over trade secrets, clearing the way for Motorola to complete the sale of one of its business units to Nokia Siemens Networks.
IBTimes Logo

Dow and S&P slip as JPMorgan stalls, Nasdaq rises

The Dow and S&P slipped on Wednesday as JPMorgan Chase & Co's strong profit growth was not enough to convince investors that quarterly earnings would propel stocks out of the recent trading range.
IBTimes Logo

Bank regulators settle with mortgage lenders

U.S. bank regulators announced settlements on Wednesday with the largest home lenders over allegations of shoddy foreclosure practices, but the pacts did not include financial penalties.
IBTimes Logo

Retail sales up, consumer spending holds up

U.S. retail sales rose modestly in March as auto sales plunged and consumers stretched to pay for pricey gasoline, but upward revisions to the prior months' data pointed to fairly solid first-quarter spending.
IBTimes Logo

Schneider in talks on Tyco deal financing: sources

Schneider Electric SA is serious about its interest in Tyco International Ltd and remains in talks with lenders including French banks about financing a potential transaction, people familiar with the matter said on Wednesday.
IBTimes Logo

Yes Men claim hoax GE tax press release

General Electric Co, embroiled in controversy over its low 2010 U.S. tax bill, was the subject of a hoax press release claiming it would donate billions of dollars to the federal government.
IBTimes Logo

Instant view: March retail sales up 0.4 pct on gasoline

Sales at U.S. retailers rose slightly less than expected in March as rising gasoline prices pulled spending away from other segments and receipts from auto dealerships fell, a government report showed, pointing to slower consumer spending in the first quarter.
IBTimes Logo

Dow, S&P flat as JPMorgan gains dissolve

The Dow and S&P were little changed on Wednesday despite strong profit growth from JPMorgan Chase & Co as analysts questioned if the bank's results were a one-time win or would translate to others' performances.
IBTimes Logo

U.S. debt position not a factor in yield rise: IMF

Rising U.S. bond yields have more to do with improving economic growth prospects and market concerns about inflation rather than Washington's deteriorating fiscal position, the International Monetary Fund said on Wednesday.

Obama Enters Debate on Deep U.S. Debt

President Barack Obama's awaited proposal on Wednesday dealing with specific dollar amounts and cuts needed to address the United States' $14.3 trillion debt will contrast with a Republican proposal offered last week by offering a balance that it didn't have, a White House spokesman said.

Pages

IBT Spotlight

We Help Businesses Find B2B Service Providers They Can Trust.