Brazil's Petrobras replaces CEO Gabrielli: report
Brazilian state-controlled oil company Petrobras ousted chief executive Jose Sergio Gabrielli, the man who oversaw the discovery of the largest oil find in the Americas in decades, local media reported on Saturday.
Appeals court dismisses suit over new CFTC rule
An appeals court has dismissed a lawsuit by the financial industry challenging new federal regulations aimed at cracking down on speculation in commodities markets, a move that will likely delay a decision over whether the rules pass muster.
France Tel to stand firm on mobile pricing: CEO
France Telecom will not match the low-cost mobile offers recently launched by new operator Iliad because such aggressive pricing would be bad for network quality and innovation in the long-run, said its chief executive.
Disney's Biggest Shareholder, Steve Jobs' Family Will Have no Board Seat This Year
When Walt Disney Co. shareholders vote to re-elect directors at its annual meeting in March, neither Steve Jobs' wife nor a representative of his trust will be on the ballot, even though the trust is the media company's largest shareholder.
Exclusive: Jobs family absent from Disney board despite stake
When Disney shareholders vote to re-elect directors at its annual meeting in March, neither Steve Jobs' wife nor a representative from his trust will be present on the ballot, even though it is the media company's largest shareholder.
Exclusive: Office Depot tests PayPal's new point-of-sale system
Office Depot Inc, the second-largest U.S. office supply retailer, is testing PayPal's new point-of-sale system in a few stores, a top executive told Reuters.
Office Depot Tests PayPal's New Point-of-Sale System
Office Depot Inc., the second-largest U.S. office-supply retailer, is testing PayPal's new point-of-sale (POS) system in a few stores, a top executive told Reuters. The news comes a few days after eBay Inc.'s PayPal unit said it had begun testing in-store payments in 51 Home Depot stores.
RWE to sell $2.3 billion in hybrid debt in 2012: report
German utility RWE expects to issue 1.8 billion euros ($2.33 billion) worth of hybrid bonds in various currencies over the course of this year, effectively rolling over debts maturing in the same amount, in order to maintain its current credit rating.
No formal bid yet for bankrupt Saab: receivers
The receivers for bankrupt car maker Saab are talking with several bidders and would like to sell the Swedish company as a whole, but there have been no formal bids yet, they said on Saturday.
New Zealand reveals high-octane arrest in Internet fraud case
New Zealand police on Saturday revealed bizarre details of the arrest of the suspected kingpin of an Internet copyright theft case against the James Bond-like backdrop of a country mansion hideaway with electronic locks, a safe room and a pink Cadillac.
Greece's Creditors Exit Athens, but They Will be Talking via Phone
The representatives of Greece's private creditors left Athens unexpectedly on Saturday without a deal on a debt-swap plan that is vital to avert a disorderly default, sources close to the negotiations told Reuters. Negotiations will continue over the phone during the weekend.
Sony to Shift Lithium-Ion Battery Assembly Abroad: Report
Japan's Sony Corp. will transfer domestic construction of lithium-ion batteries used in products such as mobile phones and electric cars overseas by March 2014, as it works to overcome the strong yen, the Asahi newspaper reported on Saturday.
Sony to move lithium battery assembly abroad: report
Japan's Sony Corp will transfer domestic construction of lithium ion batteries used in products like mobile phones and electric cars overseas by March 2014, as it works to overcome the strong yen, the Asahi newspaper reported on Saturday.
Greece debt swap talks drag into weekend
Greece and its creditors are continuing negotiations on a debt swap on Saturday after late-night talks edged them closer to a vital deal but failed to clinch an agreement.
NZ police cut way into mansion to make Internet fraud arrest
New Zealand police broke through electronic locks and cut their way into a mansion safe room to arrest the alleged kingpin of an international Internet copyright theft case and seize millions of dollars worth of luxury cars, artwork and other goods.
New Zealand police cut way into mansion in Internet fraud case
New Zealand police broke through electronic locks and cut their way into a mansion safe room to arrest the alleged kingpin of an international Internet copyright theft case and seize millions of dollars worth of cars, artwork and other goods.
Congress puts brakes on anti-piracy bills
Lawmakers stopped anti-piracy legislation in its tracks on Friday, delivering a stunning win for Internet companies that staged an unprecedented online protest this week to kill the previously fast-moving bills.
Digital lockers a growing piracy concern
Digital storage services like Megaupload, which was accused of criminal copyright violations on Thursday, play a small but growing role in a broader piracy problem that continues to evolve and dog the entertainment industry.
Wall St Week Ahead: Strong start for stocks, but what's
Stocks rising, bulls rampant are motifs you might pick if designing a coat of arms for Wall Street at the moment. But the motto should read: Caveat emptor. Yes, buyer beware.
Congressmen Stop Anti-Piracy Laws in Their Tracks
Voting on much debated SOPA and PIPA bills could be delayed in the light of recent events.
G20 pushes for extra steps from Europe on crisis
Group of 20 nations agreed to push Europe to take extra steps to resolve the debt crisis on Friday as they inch toward a deal to boost the International Monetary Fund's firepower.
Disney boss Iger's pay up 13 percent in 2011
Walt Disney Co Chief Executive Bob Iger's compensation rose 13 percent in fiscal 2011, boosted by an increase in his annual cash bonus and incentive plan, according to a company filing with the U.S. Securities and Exchange Commission.
Analysis: IBM's plain vanilla flavor leaves investors satisfied
While IBM's rivals have suffered through earnings misses, massive executive upheaval or seismic strategic shifts, Big Blue has been the technology world's most consistently performing company since narrowly avoiding bankruptcy 19 years ago.
Chevron appeals $18 billion ruling in Ecuador lawsuit
Chevron Corp has filed an appeal with Ecuador's Supreme Court to review a judgment that the U.S. oil company pay $18 billion in damages for polluting the Amazon jungle.
Wall Street Week Ahead: Stocks Have Had Strong Start, but What Has Changed?
Stocks Rising, Bulls Rampant are motifs you might pick while designing a coat of arms for Wall Street at the moment. But its motto should read: Caveat Emptor. Yes, buyer beware.
Netflix hunts for new marketing chief
LOS ANGELES - Netflix Inc will kick off an external search for a chief marketing officer in coming months, replacing Leslie Kilgore, who ends her 12-year run in February to join the board as a non-executive director.
Exclusive: Activist hedge fund MMI liquidating - sources
Activist hedge fund MMI Investments LP, which had taken positions in several technology and defense companies and successfully pushed for deals in some cases, is winding down, people familiar with the matter said.
Analysis: U.S. payday lenders point fingers to blunt crackdown
Payday lenders facing oversight from the new consumer protection agency are warning that tough regulations may push customers into the arms of unscrupulous online lenders, in a pitch for lighter, or at least equal, new rules.
Amazon setting up first fulfillment center in India
Amazon.com Inc is setting up its first fulfillment center in India as the world's largest Internet retailer tries to break into the world's second most-populous nation.
Chamber's lobbying spend fell sharply in 2011
Lobbying spending by the largest business group plunged in 2011 by more than half from a year earlier in a reflection of gridlock in Congress and the calm before a major campaign year, records show.