EU clears Japan's NEC Electronics, Renesas to merge
Japan's NEC Electronics Corp gained approval from European Union competition regulators on Wednesday to merge with peer Renesas Technology Corp, creating the world's No. 3 semiconductor maker.
AutoNation head concerned over GM CEO dismissal
AutoNation Inc CEO Mike Jackson said he was surprised and concerned about the dismissal of Fritz Henderson as General Motors Co chief executive
China government sells advertisement on made in China worldly
China's ministry of commerce recently launched a series of global advertising campaigns, trying to bolster the made in China, image, broadcast to media around the world.
GM Board Replaces CEO with Chairman Whitacre
General Motors Co's chief executive Fritz Henderson abruptly resigned on Tuesday, after the company's board decided the automaker needed to push its restructuring faster under new leadership.
Dow dips on banks and energy
The S&P 500 and Nasdaq rose on Wednesday, lifted by positive news on online retailers such as Amazon, while the Dow edged lower with energy and financials following mixed data on the labor market.
GM Names Whitacre New CEO; Henderson Resigns
General Motors Chairman Ed Whitacre has been named the interim Chief Executive Officer of General Motors today, just after Fritz Henderson resigned from the company today.
Avoid flirty patients on Facebook, doctors told
A British association which provides legal advice and support to doctors said physicians should not respond to amorous advances from patients on social networking sites like Facebook.
Amazon.com shorts workers on overtime pay: lawsuit
A former Amazon.com Inc worker has sued the online retailer, saying it shorts as many as 21,000 warehouse workers nationwide on overtime pay.
Martha’s Vineyard:All-American Isle, Massachusetts, USA
Eleven kilometres off the Massachusetts coastline in the North Atlantic Ocean lies Martha's Vineyard, an oasis of protected greenery, exclusive million-dollar homes off dirt trails, pristine beaches, small
The Top MBA Programs Integrating Sustainability and CSR
The Aspen Institute recently released the 2009-2010 edition of Beyond Grey Pinstripes, a biennial survey and popular alternative ranking of full-time MBA programs that integrate sustainability and social responsibility into the curriculum.
The “Other” Virgin Islands
I sprawled out on my lounge chair. White, powdery sand surrounded me. I felt energized, yet relaxed. The beach appeared picture perfect. It was nearly deserted. I looked out at the calming shades of
Sharapova has designs on fashion career
Tennis former world No. 1 Maria Sharapova is interested in trying her hand at designing clothing.
GM CEO departs in shakeup by board
General Motors Co's chief executive, Fritz Henderson, abruptly resigned on Tuesday, after the company's board decided it wanted to chart a new course for the restructuring automaker.
Nokia sees cell phone market up 10 percent in 2010
Nokia, the world's biggest mobile handset maker, expects the cell phone market to recover faster next year than analysts are forecasting, but falling handset prices would cap profitability growth.
Nokia sees cellphone market up 10 percent in 2010
Nokia, the world's biggest mobile handset maker, expects the cellphone market to recover faster next year than analysts are forecasting, but falling handset prices would cap profitability growth.
Obama's Afghan withdrawal timeline under fire
President Barack Obama's top deputies on Wednesday defended his plan for a rapid ramp-up in Afghanistan, but some U.S. senators questioned a proposal to set an 18-month timeline for starting to bring troops home
Charming Shoppes posts smaller Q3 loss
Women's apparel retailer Charming Shoppes Inc posted a narrower third-quarter loss as fewer discounts resulted in improved gross margins, and said it entered the fourth quarter with much less carry-over inventory.
Technology gives some high-speed traders advantages
The days of swashbuckling backslappers on the floor of the New York Stock Exchange have given way to an era of trading dominated by analytical technical whizzes whose computers may be running from a town in deepest New Jersey or Texas.
Gold hits record high as investors bet on more gains
Gold hit record highs at $1,216.75 an ounce in Europe on Wednesday as investors bet on higher prices, with funds lengthening positions due to expectations of a fresh leg of dollar weakness and more central bank buying.
Transcript of Tiger Woods statement
Here is the most recent statement posted by Tiger Woods on his website.
Siemens hires UBS to sell hearing-aid unit-sources
Siemens AG has hired UBS to help sell its hearing-aid unit, with initial teaser documents on the business likely to reach bidders before Christmas, sources familiar with the matter said.
Option 2009 revenue to tumble 44 pct, shares drop
Belgian electronics group Option NV forecast a 44 percent drop in full-year revenue, worse than analysts had predicted, sending its shares down more than 8 percent to a three-week low in early trades.
I've let my family down, says Tiger Woods
Tiger Woods admitted he had let his family down on Wednesday when he spoke candidly for the first time about last week's car crash and the subsequent speculation about his private life.
Pantry Q4 profit beats on lower expenses; shares rise
Convenience store operator Pantry Inc's fourth-quarter earnings handily beat Wall Street estimates aided by a 28 percent fall in operating expenses, sending shares up 7 percent.
Mark Zuckerberg: Facebook to end Regional Networks
Facebook founder and chief executive Mark Zuckerberg sent an open letter to the sites 350 million users about the modifications that have been made to the privacy policies of the world's most popular social networking website.
Tokyo Electron eyes stronger chip equipment orders
Japan's Tokyo Electron, the world's No.2 supplier of semiconductor-making equipment, said quarterly orders look to be stronger than expected thanks to a surge in demand from memory makers in Taiwan and South Korea.
GM has 600 mln euros to overhaul Opel-Germany
General Motors has signalled it is ready to contribute about 600 million euros ($904.3 million) of its own cash to restructure its Opel carmaking unit, German Economy Minister Rainer Bruederle said on Wednesday.
KGHM eyes raising Polkomtel stake to 25 pct-CEO
Europe's No.2 copper producer KGHM may raise its stake in Poland's top mobile operator Polkomtel to 25 percent, but it will not make good on plans to buy the stake in a Canadian exploration firm in 2009.
Stocks rise after ADP, S&P breaks resistance
U.S. stocks rose on Wednesday after a private-sector employment report showed an improvement from October and the S&P pushed through a key technical level.
Cisco has 84 pct of Tandberg, won't extend bid
Cisco Systems Inc needs more help from shareholders to meet the acceptance threshold in its bid to buy Norway's Tandberg ASA and create the global leader in videoconferencing equipment.