Tucson Electric to buy solar power in Arizona
Tucson Electric Power, a unit of UniSource Energy Corp, agreed to buy power from two solar energy systems to be built in Arizona that would generate enough electricity for more than 6,000 homes, the company said in a release late Wednesday.
Foster Wheeler CEO says aims to do more M&A
Engineering and construction company Foster Wheeler is learning how to grow more through mergers and acquisitions, but must shed its careful approach first, its chief executive said on Thursday.
Avon President Smith leaves to pursue CEO goal
Avon Products Inc President Elizabeth Smith is leaving the company to pursue her ambition of being a chief executive, the world's leading direct seller of cosmetics said on Thursday.
Yale student strangled to death; Suspect arrested
The chief state's medical examiner's office released the autopsy results Wednesday of the 24-year-old Yale graduate student whose body was found inside a basement wall on Sunday.
Raymond Clark 24, charged for killing Annie Le at workplace (Photos)
A 24-year-old Yale University lab technician was arrested Thursday morning and charged for the murder of Annie Le, a crime that police has called a concerning case of workplace violence.
Sequenom launches cystic fibrosis screening test, shares rise
Genetic analysis products maker Sequenom Inc said on Thursday it launched its cystic fibrosis carrier screening test, sending its shares up 12 percent.
UPDATE 1-Tessera raises Q3 revenue forecast
Chip technology developer Tessera Technologies Inc raised its third-quarter revenue forecast, driven by improved performance across its segments.
NY prosecutor sees bank settling on Iran ties
Prosecutors expect a mainstream international bank to reach a settlement within 30 days over illicit links with Iran, Manhattan District Attorney Robert Morgenthau said on Thursday.
UK's FSA bars Lloyds from leaving asset scheme - Times
Britain's financial regulator has blocked Lloyds Banking Group from quitting a government scheme to insure it against credit-related losses, the Times newspaper reported on its website on Thursday.
Green energy on a roll,but experts warn of bubbles
Investors betting on renewable or clean energy and related green themes are looking for healthy and sustainable returns, but the road is full of pitfalls for the unwary, investment managers warned on Thursday.
Money Markets-Rate decline pauses, eye on monetary policy
Dollar interbank lending rates paused at record lows on Thursday after a report that Federal Reserve policymakers were divided on when to begin raising interest rates.
American Axle reaches deal with lenders, GM
American Axle & Manufacturing Holdings Inc said on Thursday it has reached a new commercial agreement with General Motors Co, its main customer, and a revised credit agreement with lenders.
Toyota plans $1 billion marketing, more hybrids
Toyota Motor Corp is preparing a $1 billion marketing campaign to boost U.S. sales in the fourth quarter, while also expanding its line of hybrid models under the Prius name, the company said on Thursday.
BNP, Fortis to take majority of UBI's non-life
France's BNP Paribas and Belgian insurer Fortis will take a majority stake in the non-life insurance unit of Italy's UBI Banca, the buyers announced on Thursday.
Altech to boost east Africa
Technology firm Allied Technologies Ltd on Thursday announced plans for a major boost to internet connections in east Africa and said it expects to double profit in the region by early next year.
Markets little changed after data, FedEx results
U.S. stocks were little changed on Thursday after results from FedEx Corp tumbled and several economic reports pointed to a fragile recovery.
Police arrest lab technician in Yale student murder
A Yale University lab technician was charged on Thursday with the murder of a graduate student whose body was found inside a wall on the New Haven, Connecticut, campus the day she was to be married.
U.S. drops Bush plan for Europe missile shield
President Barack Obama on Thursday overhauled plans for a missile defense shield in eastern Europe, promising instead stronger, swifter defense systems to protect U.S. allies against any threat from Iran.
China Inc: Not just a maker but new owner of fashion
After decades of Made-in-China garments, China's fashion industry is keen to move on from being just a mass manufacturer of clothes -- it wants to own western brands and to sell them to China's 1.3 billion consumers.
Ebay petitions EU to stop blocks on Internet trade
Three quarters of a million eBay Inc users have signed a petition urging European Union antitrust regulators to stop companies blocking online sales, the Internet auction house said on Thursday.
Italy antitrust chief warns Google of heavy fines
Italy's antitrust chief urged Google to begin talks with Italian publishers to resolve allegations that it coerced newspapers into posting stories on its news website, or risk heavy fines.
Oil extends gains slightly on weak dollar
Oil prices extended this week's robust gains on Thursday, buoyed by weakness in the U.S. dollar and gains on the stock market.
Sprint CEO: phone exclusivity limits may make sense
The head of No. 3 U.S. mobile service Sprint Nextel Corp said on Thursday that it is fair for the U.S. government to ask whether handset exclusivity deals should have time limits.
Hershey Trust consults Buffett banker on Cadbury-WSJ
The trust that holds voting control of candy maker Hershey Co has hired Warren Buffett's favorite banker to advise it on a possible bid for British chocolatier Cadbury, the Wall Street Journal reported on Thursday.
U.S. employers will defray health reform costs: study
If U.S. health reform efforts lead to higher costs for employers, employees may end up bearing the brunt, according to a new survey.
XenoPort says pain drug meets main goal of trial
Biopharmaceutical company XenoPort Inc and its partner GlaxoSmithKline Plc said their neuropathic pain drug met the main goal of reducing the intensity of pain in a mid-stage trial.
Scientists create digital models of World Heritage sites
A team of British scientists is preparing to create a digital model of Mount Rushmore using laser scanning so that the iconic U.S. monument can be recreated were it to be damaged.
Sultan Kosen: World's Tallest Man in London (Video and photos)
Turkish Sultan Kosen has been officially recognized as the world's tallest man by Guinness World Records, after measuring in at 8ft 1in.
AT&T CEO sees business market flat for awhile
AT&T Inc expects sales to business customers to stay flat for a while, although growth may return in the second half of 2010, Chief Executive Randall Stephenson said on Thursday.
Phone exclusivity limits may make sense: Sprint CEO
The head of No. 3 U.S. mobile service Sprint Nextel Corp said on Thursday that it is fair for the U.S. government to ask whether handset exclusivity deals should have time limits.
