The advisory board of IMG held a conference call on Friday to discuss what to do about Michael Ovitz's play to take over company management, according to an individual with knowledge of the call.
More iPhone 5 leaks keep coming and the latest is of a 32 GB smartphone accidentally released by Cincinnati Bell.
The $5 Bank of America debit card fee has sparked rage that hasn't been seen since the height of the financial crisis in 2008 and 2009.
Apple will finally unveil the iPhone 5 next week, or so it is expected, during an Oct. 4 meeting at its Cupertino, Calif. campus, and everyone is wondering what features the new smartphone will come with.
The Obama administration on Friday approved more than $4.7 billion in loan guarantees for major solar projects as the government closed out an incentive program embroiled in controversy over the bankruptcy of one of its biggest projects.
The state of California pulled out of multi-state mortgage negotiations with large U.S. banks, dealing a sharp blow to long-running efforts to secure a broad settlement over allegations of lending abuses.
The U.S. Department of Justice is seeking to give control of Solyndra's estate to a bankruptcy trustee, citing the refusal by executives at the solar power company to answer questions about its operations.
After the cantaloupe-associated listeriosis outbreak linked to a Colorado farm that has left 15 people dead and 84 sick across 19 states, it is romaine lettuce now threatening to spread the infection in North America.
Meg Whitman, as the new CEO and president of the Hewlett-Packard Co., will be getting $1 in base salary, a target annual bonus of $2.4 million for HP's 2012 fiscal year, and an option to buy 1.9 million shares of the company's stock at $23.59 apiece under certain conditions
More than 30 vintage cars from Belgium took part at the 2011 National Classic Tour at the Home of Rolls-Royce Motor Cars at Goodwood, West Sussex. Over 100 drivers and passengers made their way from Belgium to England, starting six days ago, travelling from Kortrijk via Beaulieu to Goodwood.
McGraw-Hill Companies Inc has enlisted executive recruiters Heidrick & Struggles International Inc to help in their search for a chief executive for its recently spun off education business, the Wall Street Journal said on Friday in its online edition.
Eastman Kodak shares dropped 54 percent on Friday because of rumors that the camera maker hired a law firm to advise it on how to carry out a major restructuring or bankruptcy filing.
General Electric Co (GE.N) may lease costly vehicle batteries to electric-car buyers, joining other companies looking to get more people to buy alternative-energy automobiles.
Two more people in the United States have died from eating listeria-tainted cantaloupes, bringing the death toll to 15 in the country's deadliest foodborne outbreak in more than a decade, health officials said on Friday.
Chevron Corp will unveil on Monday a solar oilfield project that has been hit by cost overruns and delays but serves as a showcase for the technology of Chevron-backed solar thermal company BrightSource Energy.
The state of California pulled out of multi-state mortgage negotiations with large U.S. banks, dealing a sharp blow to long-running efforts to secure a broad settlement over allegations of lending abuses.
Shares in Eastman Kodak Co. fell almost 60 percent on Friday on reports the company had hired a restructuring adviser.
Bank of America will begin charging a $5 monthly fee at the start of next year for customers who make debit card purchases.
Erin Burnett is not only anticipating the premiere of her CNN show, OutFront, but also her wedding to fiance David Rubulotta.
Dozens of workers were arrested in a drug bust at Boeing's Ridley Park plant in Pennsylvania.
Appsfire co-founder Ouriel Ohayon is claiming that Amazon's Kindle Fire logo looks exactly like his company's own logo.
Defense Secretary Leon Panetta has warned that a potential $1 trillion cut to the Pentagon budget could raise U.S. unemployment by 1 percentage point but analysts differ on how many jobs could be lost and what that actually means for the economy.
Bank of America (NYSE: BAC) would now charge a $5 monthly fee for debit card usage as Dodd-Frank Act's Durbin amendment would become effective Oct. 1.
Reebok International Ltd has agreed to pay $25 million to settle charges that it made unsupported claims that its toning shoes help wearers get fit faster, the U.S. Federal Trade Commission said on Wednesday.
Kraft Foods (KFT.N) boss Irene Rosenfeld is the most powerful woman in U.S. business, Fortune magazine said on Thursday, bumping PepsiCo Inc (PEP.N) chief Indra Nooyi into second spot after five years on top.
AstraZeneca PLC (AZN.L) said on Thursday it has reached a settlement with privately held Handa Pharmaceuticals LLC that will keep the company from selling a generic form of its Seroquel XR anti-psychotic medicine in the United States until late 2016.
The U.S. Energy Department on Thursday said it has finalized a $132.4 million loan guarantee for an Abengoa (ABG.MC) cellulosic ethanol project.
Geron Corp (GERN.O), which is conducting the first U.S.-approved human embryonic stem cell trial, has named John Scarlett as its chief executive officer, replacing interim CEO David Greenwood, who will leave the biotech company at the end of the year.
Just before solar panel maker Solyndra scrambled in August to get more cash from private investors and better loan terms from federal bureaucrats, top company officials went on a political road show.
Fitch Ratings has assigned a rating to Lodi Unified School District, California's (the district's) bonds as follows: