Archive | Business News RSS feed for this section

Business News

Doctors Move to Webcams Virtual doctor visit services—which connect patients from their homes with physicians whom they meet via online video or phone—are moving into the mainstream, as insurers and employers are increasingly willing to pay for them. Google Labors to Design Its ‘X Phone’ Motorola is working on a sophisticated handset, but the Google […]

Continue Reading →

Business News

NYSE to Sell Itself in $8.2 Billion Deal The NYSE, the cornerstone of American capitalism for 220 years, agreed to be sold as part of an $8.2 billion takeover by rival IntercontinentalExchange. Facebook Tests Message Payments Facebook has begun testing a system for users to send messages to people outside their immediate circle of social […]

Continue Reading →

Business News

KFC Criticized Over Suppliers in China Yum Brands’ KFC chain is feeling a backlash in China after a state-run TV broadcaster aired a program alleging that some local suppliers improperly used antibiotics in chickens. Tax Impact for Small Business Hard to Gauge The latest budget offers exchanged between the White House and Republican leaders would […]

Continue Reading →

Business News

Samsung to Drop Injunctions Requests Against Apple Samsung said it would drop its injunction applications against Apple in five European countries, in a major U-turn in a long-running patents war between the electronics giants. Shooting Puts Pressure on Gun Industry American companies are moving to distance themselves from guns and gun makers amid a public […]

Continue Reading →

Business News

U.S. Judge Denies Apple’s Ban Request A U.S. judge denied Apple’s request to seek a ban on the sale of some Samsung products in the U.S. and also denied Samsung’s request to seek a new trial, citing alleged juror misconduct. Dilemma at Hon Hai Two years after a spate of suicides, workers at electronics manufacturer […]

Continue Reading →

Business News

Canadian Miner Sweetens Hostile Bid First Quantum made a new, hostile cash-and-stock bid for Inmet Mining that values the rival miner at $5.17 billion, sweetening the terms of two previous attempts at winning over Inmet shareholders. Facebook’s Wal-Mart Gambit Facebook’s ability to woo investors will depend on deals like its 72-hour Black Friday experiment with […]

Continue Reading →

Business News

Best Buy Offers Founder More Time to Ante Up Best Buy shares fell 14.7% after the retailer gave its founder additional time to submit a buyout offer. Knight Faces Weekend of Reckoning Knight Capital’s board is weighing two offers for the brokerage firm or whether to stay independent. Pilots Approve Labor Pact A majority of […]

Continue Reading →

Business News

Ford Casts Doubt On Mileage Test Ford is trying to turn the tables in a controversy over fuel economy ratings for some of its new hybrids, suggesting the problem is how the government’s fuel-economy ratings for such cars are calculated. FAA Orders High-Priority Checks of Gulfstream Jets Federal regulators ordered high-priority inspections and possible fixes […]

Continue Reading →

Business News

BlackBerry Fate May Ride on Design Research in Motion is rolling out two new BlackBerrys next month whose fortunes rest on the shoulders of a small technology-design house called The Astonishing Tribe. Atlantic City’s Revel Eyes New Loans Revel Entertainment appears on track to secure loans that would provide around $150 million cash toward its […]

Continue Reading →

Business News

German Firms Look Beyond Ailing Europe German manufacturers are expanding their geographical base, gaining customers in Asia and Latin America to reduce the companies’ dependence on the shrinking euro-zone economy. Caterpillar to Pay Dividend Early Caterpillar joined a growing list of U.S. companies to issue a special year-end dividend to spare shareholders from a potential […]

Continue Reading →