Business News

  • Why Apple Is Still Battling Over E-Books
    In Apple’s e-books trial, the company is defending more than its tiny digital-books business. It is seeking to maintain negotiating clout with media companies and its ability to compete with rivals like Amazon.com.
  • Investors Dump RIM Shares
    RIM’s shares tumbled 28% on Friday after the company reported it shipped far fewer new BlackBerry phones than analysts had expected in the quarter.
  • Gold Drop Uncovers Miners' Debt Woes
    The recent plunge in the price of gold is exposing the large debt loads that big gold miners, such as Barrick Gold, took on during the boom years.
  • Japanese Toilet Maker Buys American Standard
    Japan’s Lixil is buying American Standard, a 138-year-old U.S. maker of toilets and plumbing fixtures, for about $342 million plus debt.
  • Liberty Talks Up Charter-Time Warner Cable Deal With Investors
    Liberty Media failed in a direct attempt to interest Time Warner Cable in a merger with Liberty’s cable affiliate Charter Communications, so now Liberty is trying a different method: talking up a deal to investors.
  • Investors Flock to Noodles & Co.
    Noodles & Co. shares shot up as the first restaurant to go public this year was a hit with investors.
  • Spanish Banks Told to Limit Dividends
    The Bank of Spain has told lenders to limit the distribution of dividends because of the difficult economic environment and uncertainties about the outlook for Spain and the euro zone.
  • AirAsia CEO Undeterred by End of ANA Partnership
    AirAsia CEO Tony Fernandes believes he still can make his budget airline succeed in Japan eventually, despite the fact that the Jakarta-based firm and Japan’s All Nippon Airways this week ended their loss-making partnership.
  • Apple Struggles to Divorce Samsung
    Apple is a major Samsung customer. But the two firms compete directly and have spent the better part of the past two years suing over their gadgets.

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