MANAGEMENT

Chrysler Reports Full-Year Profit on Strong U.S. Sales

The Chrysler 700 C concept van is displayed on the final press preview day for the North American International Auto Show in Detroit
U.S. automaker Chrysler Group LLC swung to a full-year net income of $183 million on Wednesday, and made the bold prediction that profit would be eight times higher in 2012, on strong sales in its main U.S. market.
More news
Luxor Las Vegas Death Legionnaires Hotel Guest

Legionnaires Disease Bacteria Kills Luxor Las Vegas Hotel Guest

A hotel guest who stayed at Las Vegas' Luxor hotel died after contracting Legionnaires disease at the resort, it emerged Tuesday. The holidaymaker, who has yet to be identified by health officials, contracted Legionnaires after staying at the resort in December 2011.
An employee works on a computer at the new headquarters of Facebook in Menlo Park

Facebook’s IPO Filing: 5 Things to Watch

Within days, Facebook is expected to file for an initial public offering with the U.S. Securities and Exchange Commission, for the first time doing a public financial strip tease.
Facebook like logo

Facebook IPO: Can It Buck the Trend of Other Failed IPO's?

Facebook is preparing to launch their historic initial public offering as soon as this week, with public sales of stock expected to begin in April. Facebook's IPO will be the largest ever at $10 billion; six times larger than Google's, whose IPO was $1.64 Billion in 2004.
IBTimes Logo

S.Korea's E-Land says in consortium bid for LA Dodgers

South Korean retailer E-Land Group confirmed on Tuesday it is part of a consortium that is among short-listed bidders in the auction for bankrupt Los Angeles Dodgers baseball team, a move that could help it expand further in the sportswear business.
Asian Stocks

Asian Shares Recover on Greek Debt Hope

Asian shares and the euro rose on Tuesday after Greek Prime Minister Lucas Papademos raised hopes that a deal would be reached this week to avoid a potentially chaotic debt default, but worries over Portugal's refinancing ability capped gains.
BSE Sensex

BSE Sensex Up by 1 Percent; SBI, Tata Global Jump

The BSE Sensex rose more than 1 percent on Tuesday morning, led by gains in index heavyweights Reliance Industries (RELI.NS) and ICICI Bank (ICBK.NS), and were poised for their best month in at least ten.
IBTimes Logo

Nikkei Heads for Best January Performance in 13 Years

Japan's Nikkei share average was on track to snap a three-day losing run Tuesday and headed for its best January performance since 1999, as investors took cues from optimism about the U.S. economy and shrugged off weaker corporate earnings results.
AT&T has entered into a deal with Cerberus Capital Management to sell its struggling Yellow Pages business

AT&T Reorganizes Management Positions

Wireless provider AT&T has put company veteran John Stankey in charge of strategy amid a management reshuffle after its failed attempt to take over Deutsche Telekom's U.S. mobile unit.
Stanford arrives at the Federal Court in Houston

Caribbean Bank Regulator Testifies Against Stanford

Allen Stanford, charged with a $7 billion Ponzi scheme, sought to have a Antiguan regulator with oversight of his offshore bank dismissed after she rejected a number of the Texas financier's overtures to work together, she testified on Monday.
UBS trader Kweku Adoboli arrives at City of London magistrates' court in the City of London

Ex UBS Trader Adoboli Denies Fraud, Faces Trial

The trial, which is likely to shine a searching light on the adequacy of the bank's management and risk controls, could land Adoboli with a maximum 10-year jail sentence if convicted of the two counts of fraud and two of false accounting.
IBTimes Logo

Build Your Own Apple: How to Run A Company Like Steve Jobs

Apple co-founder and chairman Steve Jobs inspired his company to create some of the world's greatest inventions, from computers to smartphones to tablets. But you don't need to work in the tech industry, or wear a black turtleneck and jeans, to run your company like Apple.

Pages

IBT Spotlight

We Help Businesses Find B2B Service Providers They Can Trust.