GE Capital -- the financial-services unit of the General Electric Co. (NYSE: GE) -- may be in for a round of slicing and dicing by its corporate parent, according to an account appearing online in the Wall Street Journal.
Combatants on the front lines in the war on cancer have a new weapon in the arsenal, as the U.S. Food and Drug Administration on Friday OK'd Perjeta -- flanked by Herceptin and docetaxel -- for deployment in a three-pronged attack on the enemy cells in people with HER2-positive metastatic breast cancer.
By making the Internet universal and ubiquitous, though, technology also eroded corporate control. No longer will International Business Machines Corp. (NYSE: IBM) or Hewlett-Packard Co. (NYSE: HPQ) completely control everything in their networks, despite their networks of worldwide data centers.
Within a week of Facebook Inc.'s (Nasdaq: FB) $16 billion initial public offering, at least six lawsuits were filed against its top officials, including CEO Mark Zuckerberg, as well as six investment banks involved in the deal. That in itself is not surprising, considering the IPO flopped. What would be surprising is if the shareholders actually get anything near what they feel they deserve.
The top after-market NYSE gainers Friday were: RPC, Digital Domain Media Group, SuperValu, AK Steel Holding and Rogers Communication. The top after-market NYSE losers were: Metropolitan Health Networks, Yelp, Visteon Corp, Halcon Resources and Standard Pacific Corp.
France's agriculture ministry intends to revoke a key permit allowing the use of a pesticide believed by scientists to harm bumblebee and honeybee populations.
Two Chesapeake Energy Corp. (NYSE: CHK) directors -- members of the audit committee now dealing with the personal finances of the company's CEO -- offered their resignations Friday after they attracted little support at the annual shareholders meeting.
Adam Opel GmbH, an aging European subsidiary of the General Motors Co. (NYSE: GM), is hoping Chinese sales will be a panacea for miserable performance in the European market.
Thousands of software and application engineers have already sold out next week?s developers conference mounted by Apple (Nasdaq: AAPL), the world's most valuable technology company. Here are four key highlights.
Speculation swirls that the current smartphone leader may be buying onetime mobile phones king.
Chesapeake Energy Corporation (NYSE: CHK), the nation's second largest natural gas producer, is seeking to patch its $22 billion shortfall brought on by dropping natural gas prices by selling its midstream pipeline assets to Global Infrastructure Partners for $4 billion, the company announced Friday.
The top aftermarket NYSE gainers Thursday were: Molina Healthcare, Centene Corp, Mitsubishi UFJ Financial, Ivanhoe Mines and MGIC Investment Corp. The top aftermarket NYSE losers were: Cooper Companies, Ellie Mae, FleetCor Technologies, Flotek Industries and Chicago Bridge & Iron Co.
Shares of Facebook (Nasdaq: FB), the No. 1 social networking site, fell nearly 2 percent on Thursday, exactly three weeks after the company took in $16 billion in its initial public offering.
U.S. manufacturing productivity surged 5.4 percent in the first quarter, the most since last year?s third quarter, even as overall productivity eased about 1 percent, the U.S. Department of Labor said.
Sino-Japanese joint venture National Electric Vehicle Sweden AB (NEVS) has paid a paltry 1.5 billion to 1.8 billion kronor ($210 to $250 million) for defunct Swedish carmaker Saab Automobile AB.
Apple (Nasdaq: AAPL), the world's most valuable technology company, extended its push into the pre-paid mobile market by adding Virgin Mobile USA, which will sell the device for between $30 and $50 a month.
Richard Schulze, the founder and largest shareholder of Best Buy Co. (NYSE: BBY), the biggest U.S. electronics chain store, told the company's board Thursday he is resigning, effectively immediately. A reason for the abrupt departure was not publicly disclosed.
In 2009, the Economist Intelligence Unit devised an acronym for six emerging countries, CIVETS, which includes Colombia, Indonesia, Vietnam, Egypt, Turkey and South Africa. These countries were categorized as the six countries with the best chance of high, long-term growth.
NASCAR fans are car fans, and the racing league and manufacturers like Toyota that compete in the Spring Cup Series are betting that some design tweaks can energize that fandom as well as dealership sales.
Mexican guest workers filed Wednesday a U.S. Department of Labor complaint against CJ's Seafood, a Wal-Mart Stores supplier, alleging the company didn't pay overtime for long shifts, locked them in and made physical threats for not working fast enough.
Maybe LinkedIn should change its name to LeakedIn. On Wednesday, the business networking site said it is investigating a user's post from a Russian forum that claims he hacked LinkedIn, uploading 6,458,020 encrypted passwords to the site as proof.
Now that the initial public offering of Facebook (Nasdaq: FB), the No. 1 social networking site, has lost 32 percent of its value, technology giants including International Business Machines Corp. (NYSE: IBM), Oracle (Nasdaq: ORCL) and Google (Nasdaq: GOOG) are on a shopping spree. That may chill the IPO pipeline.
