tuscolatoday.com - The Michigan Thumb's leading news and information Web site

You are not logged in. (Log in | Create account | Subscriber Center | Contact Us | Bookmark Us)

44° Mist
5 Day Forecast \| Radar

Home »

Business News

Newer stories | Older stories

BlackBerry CEOs stick to strategy, dismiss analysts
Published Wednesday, Nov. 18, 2009
Research In Motion's top executives say the BlackBerry will hold its ground in a fierce battle with Apple's iPhone and other rivals, even as a boom in smartphone sales shakes up a market segment that their company once ruled.
Read More | Add a Comment

BofA knew of Merrill pain in November: House panel
Published Wednesday, Nov. 18, 2009
A congressional panel accused Bank of America Corp on Tuesday of knowing about Merrill Lynch & Co's huge losses as early as November 2008, suggesting the bank lied to investors in saying it did not grasp the depth of the problems until the following month.
Read More | Add a Comment

Hershey, Ferrero in early talks on Cadbury: source
Published Wednesday, Nov. 18, 2009
U.S. chocolate company Hershey Co held "very preliminary" talks with Italian chocolate maker Ferrero SpA about a potential joint bid for Cadbury Plc, a source familiar with the talks said on Tuesday.
Read More | Add a Comment

Ex-Merrill CEO favors "too big to fail" fund
Published Wednesday, Nov. 18, 2009
Breaking up the biggest U.S. banks is not a practical solution to addressing the "too big to fail" problem, former Merrill Lynch Chief Executive John Thain said on Tuesday.
Read More | Add a Comment

Walmart touts new price cuts ahead of Black Friday
Published Wednesday, Nov. 18, 2009
Wal-Mart Stores Inc said it will offer steep discounts on toys and electronics in its U.S. stores this Saturday, one week before "Black Friday" kicks off the traditional holiday shopping rush.
Read More | Add a Comment

Retail sales surge on autos, manufacturing slows
Published Tuesday, Nov. 17, 2009
U.S. retail sales grew more than expected last month as vehicle purchases bounced back, but non-auto sales rose modestly, suggesting consumers remained too cautious to drive a robust economic recovery.
Read More | Add a Comment

GM posts loss, vows to repay U.S. early
Published Tuesday, Nov. 17, 2009
General Motors Co said on Monday it lost $1.2 billion in a bankruptcy-shortened third quarter, but it vowed a quick repayment of $8 billion owed to the United States and Canada.
Read More | Add a Comment

Gold hits record as dollar slips
Published Tuesday, Nov. 17, 2009
Gold raced to a record high above $1,140 an ounce on Monday, gaining 2 percent as a weakened dollar boosted funds' risk appetite for investments across the board.
Read More | Add a Comment

IBM's new service jumps on cloud computing bandwagon
Published Tuesday, Nov. 17, 2009
IBM launched a new cloud computing service on Monday, aiming to take on companies such as Amazon.com Inc, Google Inc, Microsoft Corp and Salesforce.com Inc.
Read More | Add a Comment

Fed eyes dollar drop, but hews to low-rate pledge
Published Tuesday, Nov. 17, 2009
Federal Reserve Chairman Ben Bernanke, in a rare comment on the U.S. dollar's value, on Monday acknowledged the currency's slump was raising some prices, but said other factors restraining inflation were winning the day.
Read More | Add a Comment

Sony CEO sees no electronics rebound: report
Published Monday, Nov. 16, 2009
Japan's Sony Corp has seen no sign of a recovery in the consumer electronics market, Chief Executive Howard Stringer said in an interview published on Sunday.
Read More | Add a Comment

Citi to sell Bellsystem stake to Bain for $1 billion
Published Monday, Nov. 16, 2009
Citigroup Inc said on Sunday it has agreed to sell its stake in Japanese telemarketer Bellsystem24 to U.S. private equity firm Bain Capital for 93.5 billion yen ($1 billion).
Read More | Add a Comment

International Aero Engines in Airbus deal
Published Monday, Nov. 16, 2009
Dubai Aerospace Enterprise said on Sunday it has reached a $340 million agreement with International Aero Engines, a consortium led by Rolls-Royce (RR.L) and Pratt & Whitney (UTX.N), for A320 Airbus aircraft engines.
Read More | Add a Comment

Hitachi to raise up to $4.5 billion: sources
Published Monday, Nov. 16, 2009
Hitachi Ltd (6501.T), Japan's biggest electronics firm by revenues, plans to raise up to 400 billion yen ($4.5 billion) by issuing new shares and convertible bonds to shore up its battered capital base, two sources familiar with the matter said.
Read More | Add a Comment

China exposure boosts FedEx shares: Barron's
Published Monday, Nov. 16, 2009
FedEx Corp (FDX.N) shares, which have more than doubled since a low in March, may climb further given the delivery company's growing exposure to overseas markets such as China, Barron's reported on Sunday.
Read More | Add a Comment

Newer stories | Older stories

Most Discussed

Most E-mailed

Sections tuscolatoday.com Submit RSS	Local / State / Nation / World / Sports / Weather / Entertainment / Business / Contests / Movie listings / Events calendar / Classifieds / Newspaper Ads Contact us / Privacy policy / Staff / Advertise / Subscribe now Submit an obituary / Submit a birth / Submit an anniversary, wedding announcement or engagement / Submit an event View all RSS feeds
Online Contents of this site are © Copyright 2008 Edwards Group. All rights reserved. See our terms of use for RSS feeds. Edwards Communications LLC is an Equal Opportuniy Employer. Ownership Report.