1Nestle SA, the world's biggest food and drink company, reported an 11 percent rise in first-half net profit Wednesday thanks to cost cutting and internal growth and despite higher raw material prices.
Dell Inc. said on Tuesday Chief Executive Kevin Rollins continues to enjoy the full support of founder and Chairman Michael Dell despite suggestions by some analysts that the world's No. 1 personal computer maker needs new leadership to revive growth.
A U.S. federal court judge on Tuesday approved a settlement that would let former star technology investment banker Frank Quattrone avoid a third trial for obstructing justice, opening the door for him to resume his career on Wall Street.
SanDisk, the flash memory manufacturer, unveiled on Monday a model with 8gigabytes of storage capacity, enabling it to save up to 2000 songs - twice the capacity of the best-selling Nano.
U.S. chain store sales were mixed last week, as solid demand for back-to-school items were offset by cooler weather and the end of sales tax holidays, two reports showed on Tuesday.
Sprint Nextel Corp. said on Monday Chief Operating Officer Len Lauer was leaving the company and his responsibilities would be assumed by Chief Executive Gary Forsee amid moves to improve the company's performance after two quarters that disappointed investors.
Ford Motor Co., which is facing mounting pressure to reduce its reliance on gas-guzzling trucks, on Tuesday said it would begin selling a new diesel version of its Super Duty pickup in early 2007.
Friendster Inc. said on Monday it received $10 million in new funding to expand abroad and help its pioneering social-networking site survive in a market dominated by younger successors who stole its thunder.
Global sales of liquid crystal display (LCD) TVs jumped 135 percent in the April-June quarter from a year earlier to a record 9.4 million units, led by Philips Electronics with a 13.5 percent share, a research firm said.
Lowe's, the U.S. market's second largest home improvement retailer, posted a rise in net profit for the second quarter on higher appliances sales but lowered its earnings outlook for the rest of the year.
The United States and the Association of Southeast Asian Nations will sign a deal later this week to boost trade and investment, said Asean on Monday.
Greed and fraud are nothing new, but what has changed is the method. Scammers are increasingly going online to find their next victims in addition to offline efforts to get a quick dollar.
The retail giant's push for profits with more upscale merchandise puts it on a collision course with Target Corp. the second largest retailer.
U.S. Treasury Secretary Henry Paulson said on Friday that high energy and health care costs were interfering with Americans' ability to feel the benefits of a solidly growing economy.
The surprise timing of China's latest interest rate rise partly reflects political pressure and shows the central bank falls short of the transparency and predictability that are the hallmarks of its rich-country peers.
Employment in Europe appears to be rising in earnest following years of sluggish economic growth when companies either cut staff or shunned new recruits to safeguard profits.
As increasingly harried consumers grapple with overwhelming fashion choices, inconsistent sizes and expanding waistlines, Web-based companies are casting themselves as personal shoppers, catering to every body type's special needs.
The Coca- Cola company said on Friday it will relocate its Africa Group office from Windsor, England to Johannesburg in South Africa starting in January next year, in a bid to increase business growth in Africa.
Ford Motor Co. on Friday said it would cut fourth-quarter production by 21 percent and also reduce third-quarter production to accelerate its turnaround plan.
A British city known for its concrete cows is set to become one of the most technologically advanced in Britain after it said it would to be the first UK town to boast a high-speed WiMax wireless broadband network.
President George W. Bush will wrap up conferring with his economic team on Friday on ways to keep the economy growing against a backdrop of higher interest rates, mixed data and fears of rising inflation.
A judge has ordered EchoStar to disable the digital video recorders used by several million subscribers to its Dish satellite TV service because they infringe on patents held by TiVo.