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Corporate news

  • Economy hurts Deutsche Post DHL freight business

    Mail, express delivery and freight company Deutsche Post DHL saw its profits dip in the first quarter as the weak global economy saw companies ship ... 

  • Visa to lower some card fees in EU antitrust probe

    The European Union says Visa has agreed to reduce some credit card payment fees significantly to address concerns raised by the bloc's antitrust ... 

  • Airbus sales drive Q1 profits at parent company

    European aerospace company EADS said strong deliveries by airplane maker Airbus helped drive higher earnings in the first quarter and laid out the ... 

  • Carlos Ghosn

    Nissan chief welcomes yen fall for luxury brand

    Nissan Motor Co. President Carlos Ghosn welcomed the yen's recent decline to what he called "neutral" levels for the Japanese automaker's ... 

  • Sharp reshuffles management after record loss

    Japanese electronics maker Sharp Corp. named a new president Tuesday, reshuffling its top management to help restore profitability after reporting a ... 

  • Dutch won't charge company in Israeli barrier case

    In a blow to pro-Palestinian activists, Dutch authorities said Tuesday they will not prosecute a company on war crimes charges for renting out ... 

  • Higher prices for MS drug help drug firm Merck

    Higher prices for its multiple sclerosis drug Rebif helped German pharmaceutical and high-tech materials company Merck KGaA post a 54 percent rise in ... 

  • Big 4 cellphone carriers unite on anti-texting ads

    The country's four biggest cellphone companies are set to launch their first joint advertising campaign against texting while driving, uniting behind ... 

  • Drug manufacturer agrees to $500 million penalty

    A subsidiary of India's largest pharmaceutical company has agreed to pay a record $500 million in fines and penalties for selling adulterated drugs ... 

  • Amtrak unveils locomotives to replace aging fleet

    Amtrak has unveiled at a plant in California the first of 70 new locomotives, marking what the national passenger railroad service said it hopes will ... 

  • Big retailers back safety accord in Bangladesh

    Some of the world's largest retailers have agreed to a first-of-its-kind pact to improve safety at some of Bangladesh's garment factories following ... 

  • Search ends in Bangladesh; death toll put at 1,127

    Several of the biggest Western retailers embraced a plan that would require them to pay for factory improvements in Bangladesh as the three-week ... 

  • Michael Dell, Carl Icahn

    Dell board committee seeks more info on Icahn plan

    Dell board members say they need more details from investor Carl Icahn if he wants them to seriously consider his latest challenge to Michael Dell's ... 

  • GM's supercomputers will keep recalls in check

    General Motors Co. says a new supercomputing data center and a fledgling shift to bring software development in-house should help it limit the size ... 

  • Federal board issues mixed ruling on San Onofre

    A federal board has ruled partly in favor of an environmental group that wants an extended hearing on the plan to restart the troubled San Onofre ... 

  • Jeff Weiner

    LinkedIn looks to build on its impressive resume

    LinkedIn and Facebook will celebrate the anniversaries of their IPOs just a few days apart this week. But their experiences as publicly traded ... 

  • Vernon Hugh Bowman, Mark Walters

    High court rules for Monsanto in patent case

    The Supreme Court said Monday that an Indiana farmer violated Monsanto Co.'s patents on soybean seeds resistant to its weed-killer by growing the ... 

  • AP IMPACT: Cars made in Brazil are deadly

    The cars roll endlessly off the local assembly lines of the industry's biggest automakers, more than 10,000 a day, into the eager hands of Brazil's ... 

  • Bloomberg bars reporters from client activity

    Financial data and news company Bloomberg LP says it has corrected a "mistake" in its newsgathering policies and cut off its journalists' special ... 

  • Todd Schneider

    Va. governor's chef amid a political potboiler

    Todd Schneider came with a lot of celebrity cachet when he was hired in 2010 as chef at Virginia's historic Executive Mansion and he was soon cast as ... 

  • 2010 Jeep Grand Cherokees

    Chrysler recalls almost 470,000 Jeep SUVs

    Chrysler is recalling 469,000 Jeep SUVs worldwide because they can shift into neutral without warning on startup. The recall affects 2005 to 2010 ... 

  • Jose Efrain Rios Montt

    Developments in Guatemala trial of Rios Montt

    In 1999: Guatemalan non-governmental organization Association for Justice and Reconciliation files a complaint against army officials, including ... 

  • True Religion

    True Religion Apparel agrees to $826M buyout offer

    True Religion Apparel, best known for its high priced denim, has agreed to a buyout offer of about $826 million from the investment management firm ... 

  • Actavis, Warner Chilcott discussing combination

    Drugmakers Actavis Inc. and Warner Chilcott PLC said Friday that they in early talks about a possible combination of the two companies. Both say there ... 

  • Michael Dell, Carl Icahn

    Icahn, Southeastern challenge Dell takeover plan

    One of the biggest critics of Michael Dell's plan to take the company he founded private has launched a fresh challenge to that $24.4 billion bid and ... 

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