COMPANIES

A Google homepage is displayed on a Motorola Droid phone in Washington August 15, 2011

Does Google Motorola Deal Blow to Both Rivals and Android Partners?

Google lost the battle with Apple, Microsoft and other in the bid for Nortel Network's 6,000 patents in the extravagant $4.5 billion transaction. The search giant regained some traction with it $12.5 billion dollar acquisition of Motorola in its push for dominance in the mobile market. The buy includes 17,000 patents that Google can utilize in combating legal affairs with rivals such as Apple.

Verizon Strike: Union Workers Make a Good Case

A striking Verizon worker walks the picket line in front of a Verizon wireless store in New York
In the 45,000 Verizon worker strike, the company says the dividing issue in labor negotiations is health care. But workers say Verizon wants more than that. They make a very good point.
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Berkshire Hathaway Chairman Warren Buffett wanders the company trade show before his company's annual meeting in Omaha

Insight: Will Buffett, Schultz Debt Plans Be Shunned?

Warren Buffett and Howard Schultz want to change the conversation about how to fix the United States' economic woes. But their solutions - more taxes on the rich and a boycott on political donations - risk falling on deaf ears among fellow business leaders.
Breeann Rodriguez

Remains of Missing Missouri Girl Found; Neighbor Confesses to Chilling Murder

Authorities found the remains of the 3-year-old Missouri girl Breeann Rodriguez, who went missing for more than a week, on Tuesday, near a series of floodway ditches about eight miles southeast of the girl's family's home in Senath. A suspect from the girl's neighborhood Shawn Morgan, who was arrested on Saturday, has confessed that he had suffocated the child with a plastic bag before dumping her body in the ditch.
China's Tudou IPO prices within range

China's Tudou IPO prices within range

Chinese online video company Tudou Holdings Ltd (TUDO.O) priced shares in its initial public offering within the expected range on Tuesday, even though investor sentiment toward U.S.-listed Chinese stocks and the recent stock market turmoil had suggested it would be difficult.
Sophisticated Australian Residence

Housing Stocks Up 22%

Housing stock on the market has climbed 22% since last year, SQM Research has revealed.
Shopping carts are seen outside a new Walmart Express store in Chicago

Wal-Mart Profit Up, U.S. Same-Store Sales Fall

Sales at Wal-Mart Stores Inc's U.S. discount stores open at least a year fell 0.9 percent during its second quarter, marking the ninth straight quarterly decline as it tries to lure back bargain hunters.
Two children sit on a bench outside the New York Stock Exchange

Fitch Affirms U.S. at AAA, Outlook Stable

Fitch Ratings said on Tuesday it affirmed the United States' top-notch credit rating at AAA, giving the world's largest economy a reprieve after it was downgraded by Standard & Poor's little more than a week ago.
Verizon Strike

Verizon Strike Update: Scenes from the Picket Line (PHOTOS)

The strike of 45,000 Verizon land line employees continued onto its ninth day on Monday, as groups across the country picketed in front of Verizon stores. IBTimes was on the scene to capture a group of picketing Verizon workers in Lower Manhattan.
Cathay Pacific Flight Attendants

Sex Photos Scandal Delays Cathay Pacific Ad Campaign

Asian airline Cathay Pacific has postponed the second phase of its high-profile international advertising campaign after a sex scandal involving photographs of crew members allegedly engaging in sexual acts circulated online and in Chinese-language newspapers.

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