Chiyoda, JGC win Papua New Guinea LNG plant order-Nikkei
Japan's Chiyoda Corp and JGC Corp have received an order to build production equipment for the Papua New Guinea Liquefied Natural Gas Project, the Nikkei buisness daily reported on Wednesday.
United deal to boost ExpressJet revenue by 10 pct-CEO
The contract with UAL Corp's United Airlines could boost ExpressJet Holdings Inc's revenue by 10 percent, the regional airline's outgoing CEO said on Tuesday.
Music labels bet Vevo.com next MTV
In a grainy black and white Web video, similar to footage from an in-store security camera, you can make out the muscular frame of rapper 50 Cent, smashing dozens of TV sets with a baseball bat.
Drop in credit card use probably a good thing: JPMorgan CEO
JPMorgan Chase & Co. (JPM) CEO Jamie Dimon said Tuesday said it was “probably a good thing” that credit card use is down.
Apple's top-selling apps of 2009
It could be argued that 2009 was the year of the App Store, as Apple's bustling storefront for downloadable iPhone programs caught fire with consumers.
13 civilians killed in NATO-led Afghan raid: report
The acting head of Laghman province, Gulzar Sangarwal said Tuesday 13 civilians killed in the pre-dawn raid took place in Armul village led by NATO and Afghan troops.
Ebay exec emails: Feign surprise to Craigslist
Emails from a top eBay Inc executive showed the Internet giant was aware that a competing online classifieds site it launched while sitting on the board of Craigslist was a sensitive issue to be handled delicately, according to court testimony on Tuesday.
Pebblebrook IPO pricing matches expectations
High-end hotelier Pebblebrook Hotel Trust priced shares in its initial public offering in line with expectations on Tuesday, according to an underwriter.
Hedge fund manager Paulson buying stocks
Billionaire hedge fund manager John Paulson said on Tuesday he still sees compelling long-term returns in equities even after their sharp run-up this year, while holding no short positions in the credit markets.
U.S. online holiday spending up 3 percent: comScore
U.S. online holiday spending has risen 3 percent this holiday season, but shopping online slowed over the weekend after the special deals and discounts offered by retailers on Cyber Monday ended, analytics firm comScore Inc said on Tuesday.
Volkswagen to take up to 20 percent Suzuki stake
Volkswagen AG is close to announcing plans to take a stake of up to 20 percent in Japan's Suzuki Motor Corp, three sources with direct knowledge of the negotiations said on Tuesday.
Daily Wrap Up - Dec 8
The Small Car Glut?: Consumer Agency Gets Cold Shoulder; GM Moves on Executive Search
Dealmakers see more M&A in H1 2010: survey
Dealmakers expect merger and acquisition activity to pick up in the first six months of 2010, with manufacturing, health care and financial services positioned to benefit most in the near term, according to a survey released on Tuesday.
United Airlines places $10 billion plane order
Taking advantage of down market prices, United Airlines said on Tuesday it placed a $10 billion-plus order for 50 wide-bodied jetliners divided between Airbus and Boeing Co , in a bid to slash fuel costs and emissions.
Tech Round Up: Google Chrome for Mac, Batteries made of paper, TI earning expectations
Google on Tuesday announced a Chrome browser beta version for Apple Mac and Linux. Chrome for Mac has been delayed for some time now, as it was first supposed to be released in the first half of 2009 but faced several delays.
Cameco to sell Centerra stake for C$872 mln
Canadian uranium miner Cameco Corp has agreed to sell its stake in Asia-focused Centerra Gold for proceeds of C$872 million ($823 million), closing out an investment deal with Kyrgyzstan signed earlier this year.
Simon Property to buy 22 more outlet centers
Simon Property Group Inc, the largest U.S. mall owner, struck a deal to buy Prime Outlets Acquisition Co for more than $700 million, adding 22 outlet centers to its stable of high-end centers.
PepsiCo lowers top end of 2009 revenue, profit view
PepsiCo Inc lowered the top end of its revenue and earnings outlooks, as it steps up investments in projects aimed at increasing its growth and profitability amid falling North American soft drink sales.
P&G nears Sara Lee air care unit purchase-reports
Procter & Gamble Co is nearing the purchase of Sara Lee Corp's air care unit for about $700 million, CNBC said on Tuesday, citing a Wall Street Journal report.
Air France KLM November traffic falls 3.2 percent
Air France-KLM reported a 3.2 percent fall in passenger traffic for November but saw gradual improvement in unit revenues, while a more dynamic cargo sector underscored signs of a fragile economic recovery.
AeroVironment Q2 profit beats Street
Drone-maker AeroVironment Inc posted better-than-expected quarterly profit, as revenue from contract services slightly offset the drop in product sales, and it backed its full-year forecast for revenue growth.
UN Ban Ki-Moon: Humans are 'primary cause' of Climate change
U.N. Secretary-General Ban Ki-moon said Tuesday that the hacked emails on climate change from the British university, have not affected the United Nations belief that humans are increasing climate change.
TI boosts eps, rev target but shares fall
Texas Instruments Inc on Tuesday raised its fourth-quarter earnings target and said revenue would be at the high end of its forecast range, but its shares fell almost 2 percent as some investors had even higher expectations.
Michelle Duggar feeling much better at hospital
Michelle Duggar who stars on TLC's 18 Kids and Counting updated her fans about her health through a video posted on People Magazine.
Small car rush may create U.S. oversupply
A new lineup of small cars slated for showrooms next year may create an oversupply of compact vehicles in the U.S. market at a time when gas prices remain stable, an industry forecasting firm said on Tuesday.
Wall St ends down on recovery jitters
Stocks fell on Tuesday after disappointing corporate news from 3M Co and McDonald's, while negative developments in global credit markets caused a shift to safe-haven assets.
France's Sarkozy takes on Google in books dispute
French President Nicolas Sarkozy said on Tuesday he would not let his country's literary heritage be taken away by a friendly large American company, in a thinly veiled challenge to Google
U.S. industry sharpens attack on financial reforms
U.S. industry is freshening its attack on financial reform, pledging more cash to defeat a new consumer agency and raising concerns over a provision that could force secured creditors to shoulder losses.
Climate, Oil, Reality and Delusion
Against a greater welter and flow of incoherence jerking the nation this way and that way en route to collapse comes ClimateGate, the latest excuse for screaming knuckleheads to defend what has already been lost. It is also yet another distraction from the emergency agenda that the United States faces - namely the urgent re-scaling, re-localizing, and de-globalizing of our daily activities.
JPMorgan sees consumer losses rising
JPMorgan Chase & Co sees additional losses on credit cards and home loans next year although there are some signs the rate of losses is settling and it may not need to build credit reserves much further, Chief Executive Jamie Dimon said on Tuesday.