Retailers report strong January sales
Sometimes, the devil is in the deals. Americans shopped the winter clearance racks in January, resulting in strong sales during the month for ...
Putin angry over Sochi Olympics cost overruns
A year before the 2014 Winter Olympics are to begin, President Vladimir Putin has demanded that a senior member of the Russian Olympic Committee be ...
UK: Lasagna products 60 percent horsemeat
Some beef lasagna products recalled from British stores contained more than 60 percent horsemeat, U.K. food safety authorities said Thursday. It was ...
Add-ons let semi-autos fire like military weapons
In the video, a shooter cradles a rifle equipped with a grenade launcher and 250-round magazine. But the star of this demonstration, posted online, ...
Humbled Toyota rolls out new Tundra pickup
Back in 2007, Toyota trumpeted its bulked-up Tundra as a game-changer that would cut into Detroit's dominance of the U.S. pickup truck market.
RIM shares up on upgrade
Shares of BlackBerry maker Research In Motion rose 3 percent Thursday with Wells Fargo saying that better gross margins from the company's new phone ...
Sprint posts big 4Q loss, revenue rises
Sprint Nextel Corp., the country's third largest wireless carrier, on Thursday said it lost $1.3 billion in its fourth quarter, about the same as a ...
Weak earnings outweigh jobs news; stocks slip
Stocks remained in a holding pattern Thursday. Major indexes edged lower after a report that showed the jobs market is maintaining a slow, but steady, ...
Daimler sees Q4 profit rise on one-off gain
A one-off gain from the sale of an investment helped boost German automaker Daimler AG's net profit in the fourth quarter of 2012, offsetting the ...
Operator at Calif nuke plant disputes safety claim
The utility that runs the troubled San Onofre nuclear power plant on the California coast sharply denied Thursday that it was aware of equipment ...
Alcatel-Lucent boss leaving as losses mount
Alcatel-Lucent CEO Ben Verwaayen is leaving the loss-making French-U.S. telecommunications gear maker after a failed four-year bid to turn the ...
Ahead of the Bell: Bar set high for LinkedIn's 4Q
LinkedIn 's knack of surprising Wall Street, an unbroken streak that winds back through every quarter since May 2011 after the company first went ...
Sony trims quarterly loss to $115 million
Sony Corp. is still struggling but managed to reduce its red ink for the latest quarter as the Japanese electronics and entertainment company aims for ...
Statoil profits halved in Q4 on lower oil prices
Norwegian oil company Statoil ASA says its fourth-quarter profits plunged 50 percent as revenue dropped because of lower oil and gas prices.
Credit Suisse returns to profit in Q4
Credit Suisse, Switzerland's second-biggest bank, returned to profit in the fourth quarter of 2012 but said it was planning to cut costs more than ...
No more Saturday mail? Postal Service plans cuts
We could soon be seeing the end of Saturday mail delivery. The Postal Service has announced plans to cut back to five-day-a-week deliveries for ...
Sanofi earns slump in 4th quarter
French drug maker Sanofi says its net profit was more than halved in the fourth quarter from a year earlier as mounting restructuring costs and patent ...
Senator wants probe at San Onofre nuke plant
California Sen. Barbara Boxer pressed federal regulators Wednesday to open a probe at the shuttered San Onofre nuclear power plant after uncovering ...
Yahoo taps into Google's ad network, expertise
Yahoo is counting on rival Google to help accelerate its revenue growth. As part of a nonexclusive arrangement announced Wednesday, Yahoo's website ...
Visa's fiscal 1Q net income jumps 25 pct
Shoppers hit stores for the holidays in the final months of 2012 and it seems many of them were armed with credit and debit cards using the Visa ...
News Corp. cuts outlook, shares fall
Media conglomerate News Corp. cut its forecast for annual earnings Wednesday, saying underperformance at several businesses including its Fox ...
Liberty Global to buy Virgin Media for $16B
Liberty Global Inc., the cable TV operator controlled by media mogul John Malone, is buying U.K.-based Virgin Media Inc. in a $16 billion deal that ...
Small biz leader tells women owners to take charge
Barbara Kasoff has a message for women business owners: If you don't like the way government regulations affect your business, stop whining and get ...
Time Warner 4Q earnings up, raises dividend 11 pct
Time Warner Inc. said Wednesday that net income grew 51 percent in the last three months of 2012 even as revenue was largely unchanged. Rising fees ...
CVS Caremark's 4Q profit rises 6 percent
CVS Caremark's fourth-quarter earnings climbed 6 percent, as revenue from its established drugstores grew and new customers helped its pharmacy ...
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