Apple work code broken at supplier's China plant
Apple Computer Inc. said on Friday that its main supplier of iPod music players let employees in a China plant work longer hours than allowed by Apple's code of conduct, and that it had taken steps to address the issue.
EchoStar must disable DVRs, judge rules
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.
CBS to put Evening News with Couric live on Web
CBS said on Thursday it will stream its prime-time news program with Katie Couric live on the Internet simultaneously with the newscast, a first for a major TV network that highlights U.S. broadcasters' rapid expansion on the Web.
India to invest $1bn in African oil
India's growing thirst for oil has prompted the country to seek investments worth $1-billion in oil development and mining projects in Africa's Ivory Coast.
Dell Profit Drops 51 Percent in Latest Quarter
Dell announced on Thursday that its second quarter earnings had dropped 51 percent from the previous quarter, blaming the figure on slower sales growth.
Judge Allows Northwest Flight Attendants to strike
A Federal bankruptcy judge allowed Northwest's flight attendants to strike on Thursday, with the airline vowing that it would appeal the decision.
Court Orders Labor Contract Hearing Delay for Delphi
Delphi Corp., the world's largest auto-parts maker, announced on Thursday that a bankruptcy judge has agreed to postpone a hearing regarding the disposal of labor contracts until Friday, pending negotiations with unions and GM.
Merck Loses Vioxx Case
A jury in a U.S. federal court found that pharmaceuticals company Merck & co. was responsible for the death of a man who took the company's Vioxx painkiller drug.
HP Earns Strong Profits, Maitains 'Outperform' Rating
Hewlett-Packard Co. reported a stronger net profit for the fiscal third quarter on Thursday, exceeding Wall Street expectations.
Virgin Money Touts Benefits of Its Credit Cards in SA
British entrepreneur Richard Branson's latest venture into South Africa, Virgin Money said on Wednesday it has already issued over 50,000 credit-cards in the six weeks since its launch.
Russia Could Cut U.S. Meat Preferences
Russia's economic minister said on Thursday that the country would cut preferences given to U.S. meat imports if Washington fails to allow Russia to join the World Trade Organization.
PepsiCo Refreshes With a New CEO
Indra Nooyi, 50, must maintain strong growth and face the perpetual Coca Cola challenge.
EMI to preload music videos on Microsoft's Zune
EMI Group, the world's third-largest music company said on Thursday it has signed a deal to provide preloaded music videos for Microsoft's soon-to-launch Zune player.
IMesh Releases Legal File-Sharing Network
Imesh subsidiary MusicLab unveiled the latest version of BearShare on Thursday, its recently acquired fellow peer-to-peer network.
CNET Requests Hearing over De-Listing
CNET Networks Inc. said on Wednesday it has received notice it is not in compliance with Nasdaq listing rules after it delayed filing a quarterly report due to an internal stock options investigation.
Options Backdating Hits McAfee
McAfee Inc, the security software provider, said on Wednesday that reviewers discovered problems in the dating of some of its option grants leading to a possible restatement in financial data.
DVD Giveaways Signal Decline of Format
British newspapers are now giving away free as many DVDs as are being purchased in stores, revealing a stealth contributing factor to the decline of Hollywood's cash cow format.
Icahn to up Time Warner stake: report
Carl Icahn is planning to increase his stake in Time Warner Inc through a new fund he is developing, the New York Times reported on Thursday, citing a letter the billionaire sent to investors.
Jobless claims fell in latest week
The number of U.S. workers seeking first-time jobless aid fell by 10,000 last week, a government report on Thursday showed, signaling a relatively healthy job market.
AOL acquires online video game site Gamedaily
AOL announced on Wednesday that it would acquire leading independent video game publication Gamedaily for an undisclosed amount.
OPEC Pres. Expresses Nigeria's Interest for Ethanol
OPEC president Edmund Daukoru met the chief executive of Brazil's state-owned oil company on Tuesday to discuss the country's rapidly growing ethanol industry.
Delphi Posts Steep Loss on Attrition Program
Delphi Corp., posted a half year loss of $2.6 billion of which the bulk comes from its special attrition program.
Teck Withdraws Offer for Inco
Teck Cominco, the world's largest zinc producer, has withdrawn its offer for mining giant Inco, after failing to raise enough cash to fund the acquisition. Teck Cominco, the world's largest zinc producer, has withdrawn its offer for mining giant Inco, after failing to raise enough cash to fund the acquisition.
HP net rises from year-ago tax cost
Hewlett-Packard Co., the world's No. 2 maker of personal computers, said on Wednesday quarterly profit surged from a year earlier, when it had a tax charge for repatriating foreign earnings.
Pharmacies Could Boost Growth Through Medical Care
The market for limited medical care could provide a significant growth opportunity for public pharmacies, stated Standard & Poor's Equity Research.
Venezuela To Increase Oil Sales to China
Venezuela's Energy and Oil Minister Rafael Ramirez said on Tuesday the country plans to increase oil sales to China to 200,000 barrels a day by the end of the year.
Heinz Board Of Directors to be Unknown For Weeks
Heinz announced that the results for a shareholder vote for its board of directors would not be known for weeks.
Dell Recall Will Cost Sony $400 million
Dell, the world's largest PC maker, has issued a recall of a laptop computer batteries manufactured by Sony after the batteries sparked fires.
Agency reviewing all Sony laptop batteries
Consumer safety officials said on Tuesday they are reviewing all Sony-made lithium-ion batteries in laptop computers for fire hazards after Dell Inc. announced the largest electronics recall in the United States.
Russia and Ukraine Conclude Gas Agreement
Ukraine and Russia have secured a deal to manufacture natural gas reserves in Ukraine and have made progress on gas price agreement talks for 2006, said Ukraine's premier on Wednesday.