COMPANIES

Chrysler Pulls U.S. Loan Application After Strong Financials

The Chrysler 700 C concept van is displayed on the final press preview day for the North American International Auto Show in Detroit
Chrysler Group on Thursday withdrew its application for a $3.5 billion Advanced Technology Vehicles Manufacturing loan from the Dept. of Energy after the company's financial outlook improved and the government ramped up its lending standards.
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An employee walks past the Baidu company signage outside its headquarters in Beijing

Baidu 4Q Beats Analysts' Expectations

China's top search engine, Baidu Inc, beat Wall Street's earnings estimates as its revenue grew more than 80 percent year-on-year in the fourth-quarter.
Samsung Galaxy S2

Samsung Galaxy S2 vs. Motorola Droid 4: Who Wins the Android Smartphone Battle? [VIDEO]

The Samsung Galaxy S2, considered the best Android smartphone yet, has received rave reviews around the world since its launch. Droid 4, on the other hand, Motorola’s first smartphone that combines 4G LTE with a QWERTY keyboard. Check out the comparison of the features of two great phones launched by AT&T (Galaxy S2) and Verizon (Droid 4) and see how they are going head-on-head.
An employee walks past the Baidu company signage outside its headquarters in Beijing

China's Baidu Looks to Mobile Search for Growth

China's top search engine, Baidu Inc, plans to begin monetizing its mobile search traffic and social media platforms this year in an effort to boost growth outside its traditional PC domain, Baidu's chief executive said on Friday.
Realtor Mac McCollum stands in front of a foreclosed home in Bullhead City, Arizona

Rampant Foreclosure Abuses Suspected Across U.S.

A report this week showing rampant foreclosure abuse in San Francisco reflects similar levels of lender fraud and faulty documentation across the United States, say experts and officials who have done studies in other parts of the country.
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Demand Media Aims for Double-Digit Growth in 2012

Demand Media, which went public just over a year ago, promised its shareholders that revenue growth would accelerate by the second quarter after it reported a fourth-quarter net loss due to costs for improving its platforms.
Sprint, T-Mobile

AT&T, Sprint, T-Mobile Sued by Intellectual Ventures

The lawsuit, filed in the U.S. District Court of Delaware, accused each company of violating 15 different patents related to wireless network services, both individually and through interoperability agreements among the wireless carriers.
Investor Carl Icahn

Icahn Sweetens Offer for CVR Energy

Activist investor Carl Icahn announced Thursday he was sweetening a takeover offer for independent petroleum refiner CVR Energy Inc. (NYSE:CVI), proposing to buy all outstanding shares of the company, in cash, at $30 a share.
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Why Did Apple Unveil Mountain Lion? Competition

Apple, the world’s most valuable company, made available the latest version of its OS, dubbed Mountain Lion, for developers Thursday so that it will be able to ship new products by the third quarter.
Lufthansa

Frankfurt Airport Worker Strike Grounds 100 Lufthansa Flights

Ground workers began striking on Thursday at Frankfurt Airport, Europe's third busiest airport, which has caused more than 150 flight cancellations. The strike took place from 3 p.m. until 10 p.m. (CET). Workers are expected to strike on Friday, too. The Financial Times reports that strikes could last until the weekend.
Apple iPads

Fair Labor Association: 'Boredom' Caused Apple Factory Suicides?

The Fair Labor Association (FLA) has embarked on a study of the working conditions in factories run by eight of Apple's suppliers in China, according reports by Reuters. Auret van Heerden, president of the FLA, noted that the working environment imposed onto the workers, which inevitably perpetuates boredom, could have contributed to the tragic suicides. After several days' worth of visits to the facility, Heerden commended that the conditions were not as slave-like as reported previously....
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Josh Powell: Where Will He Be Buried?

Josh Powell, who killed himself and his two boys in a Feb. 5 explosion, is still not buried. While his sons Charlie,7, and Braden,5, were laid to rest on Saturday at Woodbine Cemetary, the people of Pierce County, Washington are fighting against Powell being buried next to his children. Before the explosion, Powell took a hatchet to his two boys.
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New York Fashion Week: Rochambeau Focuses on the Men in the Menswear [PHOTOS]

Designers Joshua Cooper and Laurence Chandler of Rochambeau, French for the popular game rock-paper-scissors, focused on the men in the menswear for their inspiration, much to the pleasure of Theophilus London, who snagged a few items for himself. View the slideshow to see photos of the Fall 2012 Rochambeau collection at Mercedes-Benz Fashion Week.
Moody's

Moody's: Financial Titans, EU Banks Under Review

Moody's Investors Service placed 114 financial firms , as well as 17 banks and securities firms with global capital markets operations, under ratings review due to the ongoing Eurozone crisis.
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Apple iPhone, Mac to Converge with New Laptop

Chief Executive Officer Tim Cook told the Wall Street Journal that the Cupertino, Calif.-based company's new Macintosh operating system, dubbed the Mountain Lion, will use several different features from the iPhone.
Mobile Phone

Consolidation No Panacea for Indian Mobile Returns

Everyone knows that industry consolidation leads to improved shareholder returns. India's mobile market may be the exception. Revocation of 2G licences and now a change in M&A rules are expected to force a long-awaited deal frenzy in this challenging sector.

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