Business News

  • Vodafone Leaves Verizon Options Open
    Vodafone’s CEO Vittorio Colao left open the possibility of a deal that would change the ownership of Verizon Wireless.
  • Google Unveils Touch-Screen Laptop
    Google unveiled the first touch-screen laptops powered by its Chrome operating system, as the Internet giant made its latest foray into hardware development.
  • Boeing Chief Steers Clear of the Spotlight
    CEO Jim McNerney detailed what he has been doing since the crisis engulfed the Dreamliner. On Friday Boeing is expected to submit a proposal to the FAA that sets an ambitious timetable calling for passenger flights to resume as early as mid-March.
  • At Prada, There’s Money in the Bag
    Prada’s handbag business is booming as luxury handbag makers are grappling with a mass-market problem.
  • Maersk Gives Shipping Warning
    Danish oil and shipping company A.P. Moller-Maersk posted a rise in net profit thanks to higher freight rates and cost-reduction schemes, but the shipping business will remain under pressure in 2013 due to a glut of industry capacity and modest growth prospects.
  • Alcatel-Lucent Taps Combes as CEO
    Telecom-equipment maker Alcatel-Lucent said that it has appointed Michel Combes, former head of Vodafone’s European operations, as chief executive.
  • Samsung Copies BlackBerry Playbook
    Samsung is now taking aim at Research In Motion’s still-formidable grip on the world’s most security-conscious government and corporate clients.
  • AMR Merger Hearing Set for March 27
    The judge overseeing the bankruptcy of American Airlines parent AMR will hold a hearing to review its planned merger with US Airways on March 27.
  • Business, Labor Groups Find Little Accord on Immigration
    Leading business and union groups announced agreement on principles to guide talks on immigration legislation, but they failed to resolve some of their most contentious disputes.

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