Honda Motor Co Ltd will temporarily cut production at its six plants in the United States and Canada due to parts shortages stemming from the flooding in Thailand, the company said on Monday.
Memorial Sloan-Kettering Cancer Center has purchased a property at 327 East 64th Street in Manhattan from the car rental company Hertz Corporation for $19.05 million, according to city records.
Impala Platinum's Zimbabwe unit said on Monday metal production fell 13 percent during the July-September quarter after a maintenance shutdown at its furnace, but the company was on track to submit a revised local ownership plan in November.
Colorado-based UDR Inc. reported third quarter funds from operations of nearly $73 million, or 32 cents per diluted share, up from $46.9 million, or 27 cents per diluted share, in the third quarter of 2010. UDR had a loss of 7 cents per share, down from a loss of 16 cents per share in 2010.
While sites such as Monster and CareerBuilder have become very popular for job searchers, two career experts say time will be better spent searching elsewhere.
Black Friday will be starting earlier this year. Both Macy's and Target have announced that their doors will open at midnight after Thanksgiving. When the clock strikes 12:00 a.m. on Friday Nov. 25, the Black Friday midnight madness will begin.
The bankruptcy of New York-based MF Global Holdings brought the European debt crisis to New York, wiping out a respected firm and tarnishing the reputation of a former Goldman Sachs CEO.
Qantas Airways planes took back to the friendly skies Monday after an Australian court ruled on a bitter labor dispute that grounded the airline's entire fleet over the weekend.
Global Equities Research has downgraded Salesforce.com (NYSE: CRM) to equal weight, saying that the company would face stiff competition that may hurt revenue and margins.
The top pre-market NASDAQ stock market movers are Pacira Pharma, Interactive Brokers Group, Harbin Electric, DryShips and Yahoo.
Fueled by wider Eurozone summit rally, industry-specific news out of Germany and a trader-driven assessment that share prices might have reached technical bottoms, shares in various solar panel manufacturers surged Thursday and Friday. Disappointing industry developments, the possibility of negative surprises coming out of China, and the increasingly unforgiving economics of the business, however, mean the industry could face a very stormy fourth quarter.
Honda Motor Co. withdrew its annual earnings guidance in an unusual move on Monday due to uncertainty surrounding currency markets and Thailand's floods just as it was starting to recover from the March earthquake and tsunami.
Health Insurance major Humana Inc. reported better-than-expected earnings for the third quarter as it generated higher revenues from premium and services.
The top after-market NASDAQ stock market movers on Oct.28 include Momenta Pharmaceuticals, HMS Holdings, Clayton Williams Energy, MedAssets, Fuel Systems Solutions and Netgear.
Swiss bank Credit Suisse will announce the loss of another 1,000 jobs when it presents third-quarter results on Tuesday, a Swiss newspaper reported without revealing its sources.
In early April, Jon Corzine was in a tough spot. MF Global, the company he had run for the previous year, was about to post a fourth-quarter loss, marking its fourth successive fiscal year of red ink.
Australia's Qantas Airways scrambled to get back in the air on Monday, having grounded its entire fleet over the weekend in a bold tactic to force the government to intervene in the nation's worst labor dispute in a decade.
Krispy Kreme is giving away a free doughnut on Oct. 31 for anyone who shows up at participating locations wearing their Halloween costume. It's like trick-or-treating at a doughnut shop!
Television and radio host Montel Williams told the Associated Press Sunday that he admires Israel's liberal attitude toward medical marijuana and believes all of the U.S. should legalize it.
It may not be the largest amount of prize money in history but the Powerball jackpot has reached $245 million for Wednesday night.
The CW and Hulu have reached a five-year deal for the rights to stream in-season episodes of the CW's content on Hulu's subscription service Hulu Plus, the network announced Friday. The deal makes Hulu Plus the only online subscription service that will carry in-season episodes of CW shows. The shows will be available for streaming on free, ad-supported Hulu.com site shortly after they appear on the subscription site.
Before Indra Nooyi became CEO of PepsiCo Inc. or Vikram Pandit took the reins at Citigroup Inc., there was Rajat Gupta, the original global Indian who was the first to head a major Western business.
Japan's Sony Corp., struggling with a loss-making television business, is considering dissolving its liquid-crystal-display joint venture with South Korea's Samsung Electronics in a bid to cut costs, sources familiar with the matter said Sunday.
Sony Corp, struggling with a loss-making television business, is in negotiations to pull out of its LCD joint venture with South Korea's Samsung Electronics in a bid to cut costs.
Fannie Mae's and Freddie Mac's regulator on Saturday rejected criticism he was obstructing a housing recovery by taking too narrow a view of his mission to protect the financial health of the two massive, taxpayer-supported mortgage firms.
Bank of America will keep the $5-a-month fee for debit card use that's scheduled to start early next year, while other banks, like J.P. Morgan Chase and Wells Fargo, announced Friday that they are shying away from the fees.
Members of MF Global Holdings Ltd.'s board of directors met Saturday to discuss options for the sale of the brokerage, Bloomberg News reported.
Diversified financial services firm Wells Fargo & Co. (NYSE:WFC) said it is cancelling its planned five-state pilot of a monthly $3 fee for users of its debit cards as a response to customer feedback the bank has received.
The BMW Museum is hosting a special exhibition dedicated to commemorating the development of the big BMW coupés and convertibles in Munich. Starting on Oct. 28 and scheduled to finish in September, 2012, the exhibition will feature 14 outstanding exhibits that span the years 1937 to 2011.
Maruti Suzuki, India's top automobile manufacturer, posted a larger-than-expected 60 percent fall in its quarterly profit. The company has been hit by labour unrest, rising interest rates and vehicle costs that has hurt demand in Asia's third-largest economy.
