Merger Turbulence Hits United Fliers
24.05.2012, 03:37:35
Nearly 20 months after completing their $3.2 billion merger, United Airlines and Continental Airlines are grappling with the messy business of stitching together two sprawling operations. |
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Some Big Firms Got Facebook Warning
24.05.2012, 03:36:00
The Facebook offering illustrates one of Wall Street's best-kept secrets: Securities firms are allowed to selectively confer with favored large investing clients about crucial information as they prepare IPOs, while small investors are left out. |
H-P to Lay Off 27,000 Workers
24.05.2012, 03:03:29
H-P plans to lay off 27,000 employees. The tech giant also said its quarterly profit slumped 31% amid relatively flat revenue in its PC business and lower printing sales. |
Chesapeake Raises Big Bet in Ohio
24.05.2012, 01:44:27
Chesapeake is ramping up drilling on the Utica Shale, a promising but unproven oil field, at a time when the embattled natural-gas giant is under financial stress and facing heightened scrutiny from investors. |
Hospital Medical Devices to Go Wireless
24.05.2012, 00:40:43
The FCC is expected to vote to open up spectrum, easing patient monitoring and making corporate product development less risky. |
Chinese Tycoon Sees Deals Beyond AMC
24.05.2012, 02:47:51
Chinese property and entertainment tycoon Wang Jianlin, fresh off a proposed deal to purchase AMC, plans to make similarly ambitious moves in global industries ranging from film to retail to hotels. |
RIM Suffers Another High-Level Departure
24.05.2012, 03:40:31
Research In Motion said its London-based executive vice president for sales, Patrick Spence, is stepping down—the latest departure in a string of high-level exits at the BlackBerry maker. |
Fate of BlackBerry's Messaging Tool in Doubt
24.05.2012, 02:14:04
Doubt surrounds RIM's instant-messaging service as world-wide sales of BlackBerrys falter and RIM softens efforts to leverage the messaging tool. |
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