Bruce Berkowit, president of Fairholme Capital Management has a huge stake in bailed-out insurance company American International Group (NYSE: AIG) which has just about doubled in price year-to-date (from just under $30 per share to just under $60).
The government of Vietnam said it will provide interest-free loans to state-owned shipbuilding company Vietnam Shipbuilding Industry Group (Vinashin) to pay wages, after the company was unable to make the first repayment on a $600-million loan to Credit Suisse.
48% of US Companies are predicted to hire logistics grads in 2011 but suffer severe talent crunch
The Blizzard of 2010 has left thousands of people stranded in airports, on roadways and in unplowed neighborhoods throughout the northeast.
Airports in New York reopened on Tuesday after the city saw the heaviest December snowfall in nearly six decades, causing severe disruption to travel services.
India’s top three software services companies Tata Consultancy Services (TCS), Infosys Technologies Ltd and Wipro Ltd are all set to award their employees promotions and reward them with bigger hikes and perks come 2011 to retain best talent amidst competition from their rivals.
Software maker Microsoft has warned users of an Internet Explorer (IE) bug that could hack into computers and take control of unprotected computers.
Smith Electric Vehicles U.S. (SEV) and the Tanfield Group announced today that the American maker of all-electric trucks will purchase its United Kingdom-based parent company, Smith Electric Vehicles U.K. for $15 million in January.
Onions may not be taken as a very serious subject, but the rapid rise in the price of this odorous vegetable in India reflects growing inflation fears in the emerging markets.
The revelations produced by WikiLeaks will remain a big issue in the coming years, not only for governments, diplomats and journalists, but especially for corporations.
Crucial facts about social media positions that aspirants should be aware of:
Business schools are increasingly focusing on developing a broad world view and tolerance for cultural differences in MBA participants in a variety of ways through their curricula and otherwise.
The new structure gives debt-holders a stake and JP Morgan arranges $500 million
Data warehousing company Teradata announced its acquisition of cloud-based integrated marketing software maker Aprimo for $525 million to boost its analytics portfolio to counter Oracle, IBM and Microsoft.
England batsman Kevin Pietersen says his side will be ready for the fourth Ashes Test at Melbourne on Boxing Day, as Australia's Peter Siddle vows to continue with his sledging.
The Federal Communications Commission's decision to enforce net neutrality has already drawn fire from some in the telecommunications industry, and even supporters of the principle were not completely happy with the Commission's new rules.
India and Russia signed a deal worth $30 billion to design and make fifth generation fighter aircraft taking defense co-operation between the two nations to a new level.
Toronto-Dominion Bank has agreed to buy Chrysler Financial from private equity firm Cerberus Capital Management, L.P. (Cerberus) for $6.3 billion in cash, part of a major expansion of Canadian banking behemoths into the United States.
The launch of Apple's iPad in April 2010 has been rated as one of the most notable business developments of the year by an eminent professor at the Harvard Business School.
Synology America Corp. has released its new Network Attached Storage (NAS) server -- DS1511+, a successor to their popular DS1010+ server model.
NIKE Inc. (NYSE: NKE) reported net income of $457-million, or diluted earnings of $0.94 per share, on revenues of $4.8-billion for the fiscal second quarter of 2011.
By a vote of 3-2, the commission approves net neutrality regulations.
