Monsanto And Other Bio Crop Engineers Win World Food Prize Despite Controversy
The decision to give the global food supply award to genetic modifiers marks a controversial and historic first.
Men's Wearhouse (MW) Board Fires Founder George Zimmer Hours Before Shareholder Meeting, Gives No Reason; Shareholder Meeting Canceled
The big U.S. clothier did not explain its abrupt dismissal of its founder, or the reason for canceling the annual shareholder meeting.
Verizon and SoftBank Push Telecom Industry Toward Largest Merger Year Since 2006
Not even halfway through 2013, deals from major telecom players are close to the transaction record achieved seven years ago.
Mongolian Oil Company Buys 20% Stake In North Korean Oil Refinery To Ease Dependence On Russia
The refinery will start operations next year and Mongolia will re-import the refined products to meet demand.
Global Fish Prices Hit Record Levels As Demand For Premium Seafood Spikes In China
The U.N.'s global fish price index has jumped 15 percent in May compared to a year ago.
Starbucks To Begin Posting Calorie Information Ahead Of FDA Mandate
Beginning June 25, customers at more than 11,000 Starbucks locations in the U.S. will be able to see how many calories are in a Frappuccino.
India To Nepal Oil Pipeline Inches Closer To Approval, Project Would Cut Fuel Transport Costs In Half
India and Nepal will construct a pipeline to drastically cut fuel transport costs to the small Himalayan nation.
Rising Housing Costs Drove US Inflation Higher By 0.1% In May, Gasoline Price Flat, Food Costs Drop
In the past year, prices are up 1.4% - or well within the Federal Reserve's "comfort zone" for inflation.
Ford To Make India Its SUV Production Hub And Expects Asia-Pacific Market To Account For 40 Percent Of Global Sales In 5 Years
Ford is using targeted production plants to respond to growing demand for mini-SUVs in the Indian market.
Dreamworks And Netflix Agree To Bring Original Animated Series To Growing Market Of Streaming Subscribers
The companies announce a major deal in hyper-competitive streaming animated family-programming market.
Airbus Orders Triple The Value Of Boeing Orders At First Day Of Paris Air Show
Airbus announced orders worth $18.3 billion to Boeing's $6.1 billion at the 50th Le Bourget Air Show in Paris.
Thomas Penfield Jackson, Judge In Microsoft Antitrust Case, Dead At 76
The federal judge who ruled in 2000 that Microsoft was a monopoly, Thomas Penfield Jackson, died Saturday due to cancer complications.
US House's Proposed Budget Could Limit NASA's Ability To Compete With Private Space Exploration And Space Energy Companies
One of the first results of the new budget cap could be "no funding for an asteroid rendezvous mission."
Economists Say Lower-Than-Expected Dips In Indicators Can Be Quietly Celebrated Just Like Slight Upticks
Indicators such as consumer confidence and initial jobless claims are trending positively overall, even if mixed week to week.
Companies Showed Profits By Reporting Full Year's Tax Credit All In First Quarter
When Congress renewed a tax credit, it apparently made some of the missed benefits available retroactively.
General Motors Company (NYSE:GM) CEO Pushes For In-Car Tech Innovation on Heels Of AAA Study Warning Of Dangers Of Distracted Driving
CEO says tech features in cars present an enormous commercial opportunity one day after report on distracted driving dangers.
US Census Bureau Says Whites Headed To Minority Status Sooner Than Previously Estimated
The Census says whites will make up less than half the U.S. faster than previously thought as growth rates increase among nonwhite youth.
Opel Unit Of General Motors Company (GM) To Build Its Corsa Models In Belarus By 2014 For Local Markets
The Corsa models will be sold in the car markets of Russia, Kazakhstan and also Belarus.
Weekly First-Time Claims For Unemployment Benefits Fell Last Week to 334,000, Below What Analysts Expected
The decline by 12,000 to 334,000 in the latest week suggests that while hiring still is not robust, company layoffs are subsiding.
Fiat Says Crucial Parts Backlogged At Its Italian Supplier Will Force Production Shutdowns In Europe
The Italian car company said that 5,500 or more vehicles can't be assembled as a result of vital components backlogged by supplier.
Stephen Hester Ousted As Royal Bank Of Scotland (RBS) CEO Following Bank's Talks With UK Treasury [VIDEO]
The bailout era CEO says the move is the board's decision but he understands the rationale.
Lionel Messi And His Father Are Accused Of $5.3 Million In Tax Fraud Dating Back To 2006 By Spanish Tax Authorities
Barcelona's star soccer player and his father allegedly filed fraudulent tax returns from 2006 to 2009.
OPEC Crude Supply To Outpace Demand In 2nd Half Of 2013: IEA [Correction]
A new IEA report also said OPEC countries' crude oil supply rose in May to its highest level in seven months.
Vodafone Group Plc (ADR) (NASDAQ:VOD) In Talks With Germany's Biggest Cable Company For Potential $13 Billion Acquisition
The potential deal would help Vodafone compete against cable providers that are conversely aiming to increase their cellphone services.
Greece To Suspend ERT State-Run Television Network And Furlough 2,500 State Employees To Cut Costs, POESY Media Union Denounces Move
Greek officials said ERT cost Greece 300 million euros each year and had become "a typical example of incredible waste."
Russia Could Consider Edward Snowden's Asylum If Approached By Source Of Surveillance Controversy Leaks
The Kremlin said it may take action, if it receives an asylum request from the source of the surveillance controversy leaks.
Siemens AG (SI) To Cut 1,000 Energy Jobs In Germany To Save 6 Billion Euros And Expand Energy Operations In South Korea
Energy and engineering giant Siemens intends to save 6 billion euros by 2014 and expand operations in South Korea.
Wal-Mart Stores, Inc. Holds Floor At Meeting With Activist Shareholders Who Aired Recent Controversies Ahead Of Votes On Policy Proposals
Wal-Mart gave the floor to four activist shareholders who addressed serious issues facing the giant retailer during an otherwise festive event.
Air New Zealand Boosts Stake In Virgin Australia To 23%, Strengthen Position In Australian Travel Market Against Quantas Airways
The move will cost the carrier $35 million and strengthen its market share against Australia's Qantas Airways Ltd.
May US Jobs Report Preview: Economists Worry That Sub-165,000 Jobs Gain In May Could Indicate Slowdown
If job creation is weak in May, it could reignite fears that the U.S. economy is headed into a fourth straight mid-year slowdown.
