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Corporate news

  • Chrysler expected to formally refuse Jeep recall

    In one of the biggest-ever showdowns between an automaker and the government, Chrysler on Tuesday is expected to file papers explaining its refusal ... 

  • Jay-Z

    With Samsung, Jay-Z's business continues to boom

    He really is more than a businessman. Jay-Z's partnership with Samsung for his new album, "Magna Carta Holy Grail," is another sign of how musicians ... 

  • Jim Rogers

    Duke Energy names insider to take over for Rogers

    Duke Energy Corp., the nation's largest electric utility, named Chief Financial Officer Lynn Good to replace Jim Rogers next month as CEO. Rogers, 65, ... 

  • Family sues over Colo. woman's death in TV project

    Survivors of a woman killed during the production of a reality TV show pilot have filed a wrongful death and negligence lawsuit against Discovery ... 

  • US video game retail sales fall 25 percent in May

    U.S. retail sales of video games, hardware and accessories declined 25 percent in May as demand for aging game consoles continued to fade and fewer ... 

  • European car sales hit 20-year low for May

    European car sales had their worst May in 20 years as the region's recession drags on, the European automakers' association said Tuesday. 

  • Kabel Deutschland shares rise on takeover interest

    Shares in Germany's biggest cable operator are up after Kabel Deutschland received a preliminary takeover proposal from U.S. firm Liberty Global. 

  • Royalty Pharma lets Elan takeover bid expire

    Royalty Pharma has let its latest takeover bid for Irish drugmaker Elan lapse as it decided against pressing ahead with a court challenge of a ... 

  • US safety agency investigating Suzuki small SUVs

    U.S. safety regulators said Tuesday that they are investigating problems with air bag sensors in the seats of some small Suzuki SUVs. The probe covers ... 

  • Russia to close paper mill on Lake Baikal

    Russian Prime Minister Dmitry Medvedev said on Tuesday that authorities will shut down a paper mill on the shores of Lake Baikal, which ... 

  • Inna Pchenichna, Roman Pchenichny

    Ukraine kids at risk from low vaccination rates

    When the time came to vaccinate her 4-year-old daughter, Yelena Hlushko hesitated, spooked by widespread fears in Ukraine about vaccines and by a boil ... 

  • Netflix cuts original TV deal with DreamWorks

    Netflix said Monday that it would offer new TV shows from DreamWorks Animation starting in 2014 in what the company described as its biggest ... 

  • Elan holders OK buyback, vote down 3 deals

    Shareholders of Irish drugmaker Elan Corp. PLC have potentially ended a takeover bid from Royalty Pharma by voting in favor of an Elan share buyback ... 

  • Lowe's offers to buy Orchard Supply for $205M

    Lowe's plans to expand its California presence with an acquisition of Sears spinoff Orchard Supply Hardware Stores for about $205 million in cash. 

  • Starboard says Smithfield sale undervalues company

    One of Smithfield Foods Inc.'s largest shareholders says a $4.72 billion takeover bid from China's largest meat producer falls short of what the ... 

  • Feds: NY, Va. 7-Eleven stores exploited immigrants

    Nine owners and managers of 7-Eleven stores across Long Island and in Virginia were charged Monday with making tens of millions of dollars by ... 

  • Larry Page, Sergey Brin

    Google settles suit, clears way for stock split

    Google has resolved a shareholder lawsuit blocking a long-delayed stock split, clearing the way for the Internet search leader to issue a new class ... 

  • Court: 'Pay to delay' generic drugs can be illegal

    Deals between pharmaceutical corporations and their generic drug competitors, which government officials say keep cheaper forms of medicine off the ... 

  • US judge in Microsoft antitrust case dies at 76

    Thomas Penfield Jackson, who as a federal judge in Washington presided over a historic Microsoft antitrust case and the drug possession trial of ... 

  • Police: OSHA to join La. blast investigation

    Federal investigators are expected in south Louisiana over the weekend at the site of an explosion that killed one worker at chemical plant in ... 

  • Randy Phillips

    CEO gives jury different portrait of Jackson

    A look at key moments this past week in the wrongful death trial in Los Angeles between Michael Jackson's mother, Katherine Jackson, and concert giant ... 

  • Web giants get broader surveillance revelations

    Facebook and Microsoft Corp. representatives said that after negotiations with national security officials their companies have been given permission ... 

  • Police: 1 dead, 7 hurt in 2nd La. plant blast

    A second blast in two days has killed a worker at a south Louisiana chemical plant, just miles from the site where two workers were killed a day ... 

  • Explosions remind La. that plants not always safe

    By some measures, chemical plants like the sites of separate fatal explosions this week in Louisiana are among the safest manufacturing workplaces in ... 

  • Beyonce, video game company settle NYC lawsuit

    Beyonce has settled a New York City lawsuit that said she didn't play fair in a deal for a video game structured around her. Court records show the ... 

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