By JEFFREY A. TRACHTENBERG Borders Group Inc. reported a wider quarterly loss on a 12% decline in revenue, the latest indicator of how the recession is roiling the book industry.
SAN FRANCISCO (Reuters) – Hewlett-Packard Co (HPQ.N) said on Tuesday a Massachusetts court has cleared a top executive who was lured away from rival EMC Corp (EMC.
By JAMES HERRON LONDON — Royal Dutch Shell PLC said Wednesday it will launch a major company restructuring, merging its exploration-and-production, gas-and-power and oil-sands units into two new divisions, as new Chief Executive Peter Voser puts his …
Former record producer David Geffen apparently seeks an opportunity, reports CNBC’s Julia Boorstin, with Mort Zuckerman,… The “D: All things Digital” conference was buzzing with interest in mobile applications, social media, digital distribution and …
By Mariko Yasu May 27 (Bloomberg) — Toshiba Corp. raised 289.7 billion yen ($3.04 billion) in Japan’s biggest sale of new shares by a non-financial company in eight years.
By ROB COX and PIERRE BRIANÇON Holy cow, Facebook is worth $10 billion? That may be how the social networking Web site would like the world to interpret its latest capital infusion.
(CBS) American Airlines confirms that one of their pilots was arrested after failing a breathalyzer test at Heathrow Wednesday, CBS News has learned.
By Matt Andrejczak, MarketWatch SAN FRANCISCO (MarketWatch) – Hormel Foods Corp. reported Thursday net income rose 4% for the quarter but sales growth was flat despite increased demand for Spam, Dinty Moore stews, and Chi-Chi’s Mexican food items.
By Ritsuko Ando NEW YORK, May 21 (Reuters) – Brocade Communications Systems Inc (BRCD.O) reported higher-than-expected quarterly results on Thursday and said it would exceed its previous forecast for the full year, helping the shares rise 11 percent.
Not that long ago, Yahoo was working overtime to keep itself from being sold. These days, Yahoo seems to fancy itself a potential buyer instead.