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The Caterpillar logo is seen on a tractor in Gilbert

Caterpillar Takeover of Japanese JV

Caterpillar Inc. (NYSE: CAT), the world's biggest heavy machinery maker, will pay about $447 million to Mitsubishi Heavy Industries Ltd. to gain sole control of their joint venture, Caterpillar Japan Ltd.

Toyota's China Sales Rise Sharply in February

Toyota's February sales in China, where the auto maker aims to double business by 2015, went up 51.3 percent. Toyota is seeking to push its Chinese sales past 1 million units this year.
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Starbucks

Starbucks Plans Europe Push via Instant Coffee, New Stores: Report

Starbucks Corp. (Nasdaq: SBUX), the world's biggest coffeehouse chain, plans to grab market share from Switzerland-based food giant Nestle SA in the area of instant coffee and increase the number of Starbucks stores in Germany to more than 1,000 from 150, the Financial Times Deutschland reported Friday.
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Janus Cuts CEO Pay 40% After Shareholder Vote

Janus Capital Group cut the pay of its chief executive sharply last year and put new compensation guidelines in place after it lost a shareholder "Say on Pay" vote, the Denver asset manager said in a proxy filing on Thursday.
Ferrari F12 Berlinetta

Fastest Ferrari, F12berlinetta, Gets Thumbs up from F1 Drivers

The Ferrari F12berlinetta, a painfully beautiful car recently unveiled by the storied Italian automaker, was tested by Scuderia Ferrari Formula 1 drivers Fernando Alonso and Filipe Massa and they found it to be staggeringly quick and incredibly powerful.
Tesla Roadster and Mode S

Tesla Says its Model S Battery Will Not 'Brick'

The soon-to-be available electric Tesla Model S sedan will not experience permanent battery failure that has been reported in earlier Tesla models, like the Roadster, whose batteries completed discharged and could not be recharged, the manufacturer said.
Toshiba Excite 10 LE tablet launched at MWC 2012 is of 7.7 mm and weighs 598 grams.

Huawei MediaPad 10 FHD vs. Toshiba Excite 10 LE: What's Your Choice?

After yesterday's announcement of the Toshiba Excite 10 LE release in the market from March 6, 2012 (which the company claims as World's thinnest tablet), here is a spec-by-spec comparison with Huawei's MediaPad 10 FHD, claimed as world's first quad core tablet which is also super thin.
Will iPad 3 feature better graphics?

iPad 3 Release Rumor: Top Reasons Why Apple’s Next Gen Tab Will Be Costlier than iPad 2

Apple enthusiasts around the globe are eager to welcome iPad 3, which Apple is all set to launch on March 7. Rumors even suggest that iTV or a new variant of iPad 2 might also be launched with the next generation iPad. While all these rumors are rife, the price of the tablet is one unsettling aspect that people the world over are waiting to know even before they get to see the fancied device.
JK Shin, President of IT & Mobile Communications Division at Samsung Electronics with “Manufacturer of the year” and “Best Smartphone” titles at MWC 2012

Samsung Galaxy S2, iPad 2 Scoop Highest Honours at MWC Awards 2012

After the golden Oscar night came one of the most prestigious events of the Mobile World Congress (MWC), the Global Mobile Awards 2012. GSMA , the organization that represents the interests of the worldwide mobile communications industry and hosts the MWC in Barcelona laurelled Samsung and Apple with the top categories of the night.
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LightSquared Reported Considering Ex-Nextel Head for CEO

LightSquared, the beleaguered telecom startup founded by hedge fund manager Philip Falcone, is considering hiring telecommunications veteran Timothy Donahue as chief executive officer, a person familiar with the matter said on Wednesday.

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