ThinkstockFour of the largest U.S. banks saw their ratings from Moody’s Investors Service cut on Thursday. The agency cited the reduced likelihood that the government would help Bank of New York Mellon Corp. (NYSE:…
ThinkstockSince 2011, Facebook Inc. (NASDAQ: FB), LinkedIn Corp. (NYSE: LNKD), Groupon Inc. (NASDAQ: GRPN), Yelp Inc. (NYSE: YELP), Pandora Media Inc. (NYSE: P), Zynga Inc. (NASDAQ: ZYNGA) and most recently Twitter (NYSE: TWTR) have…
Courtesy Ford Motor Co.Despite limited sales and recent car fires, leave it to Tesla Motors Inc. (NYSE: TSLA) CEO Elon Musk to keep looking forward. He said Tuesday that he wants his company offer…
squirrel83, via Wikimedia CommonsAfter a ruling by the Height Committee of the Council on Tall Buildings and Urban Habitat on Tuesday, New York City’s One World Trade Center is recognized as the tallest building…
MicrosoftThe Xbox One is scheduled to launch on Nov. 22, but apparently a few lucky buyers have received their preordered consoles early. Microsoft Corp. (NASDAQ: MSFT) blamed it on a shipping error by a…
ThinkstockThe wave of mergers and acquisitions in health care continues with two big announcements Monday. Drug maker Shire PLC (NASDAQ: SHPG) will acquire the rare disease biopharmaceutical company ViroPharma (NASDAQ: VPHM) in a deal…
courtesy of U.S. Geological SurveyBoeing Co. (NYSE: BA) warned Friday that if assembly workers and local politicians do not ratify plans to build its new 777X in Seattle, the company will consider alternative sites.…
ThinkstockAs part of it ongoing efforts to trim down by shedding weaker brands, Swiss food giant Nestle has announced that it will sell most of its Jenny Craig unit to private equity firm North…
ThinkstockThe Twitter Inc. (NYSE: TWTR) initial public offering is almost upon us, and investors and analysts have fingers crossed for a smoother ride the Facebook Inc.’s (NASDAQ: FB) shaky IPO. As we pointed out,…
ThinkstockAhead of a key meeting of the Communist Party, Chinese Premier Li Keqiang has stated that the nation’s economy must create 10 million jobs per year, and sustained growth of at least 7.2% will…
courtesy of Google Inc.As demand for mobile video increases, Google Inc. (NASDAQ: GOOG) has announced that it will spend 450 million euros ($608 million) to expand its Finnish data center in Hamina. The Mountain…
ThinkstockJust in time for the holiday shopping season, Groupon Inc. (NASDAQ: GRPN) has made it simpler customers to search and browse its wide selection of offers. The Chicago-based company Monday revealed a redesign of…
Courtesy of SonyThe highly anticipated PlayStation 4, or PS4, from Sony Corp. (NYSE: SNE) is scheduled to hit stores November 15. And Sony has announced the line-up of 22 games that initially will be…
ThinkstockWhy wait for Black Friday or Cyber Monday to start holiday shopping? That is the question Wal-Mart Stores Inc. (NYSE: WMT) would like shoppers to consider. Walmart has decided to kick things off with…
ThinkstockRetail sales in Germany were weaker than expected in September, according to data from the federal statistics office released Thursday. Retail sales fell 0.4% from August, to their lowest level since March. Economists had expected…
ThinkstockAfter denying rumors earlier this week that its CEO was considering resigning, Teva Pharmaceutical Industries Ltd. (NYSE: TEVA) announced Wednesday morning that President and Chief Executive Jeremy Levin indeed will depart from the company.…
ThinkstockRetails sales in the United States totaled $425.9 billion in September, according to new data from the U.S. Census Bureau. That was a seasonally adjusted 0.1% decrease from the previous month, the first decline…
Microsoft Sweden, via Wikimedia CommonsAfter Steve Ballmer announced in August that he will step down as Microsoft Corp.’s (NASDAQ: MSFT) chief executive officer, director John Thompson was put in charge of the company’s efforts…
courtesy of Google Inc.If you know any of the 10,000 early users of Google Glass, it may be time to cozy up to those friends and acquaintances. Google Inc. (NASDAQ: GOOG) announced Monday that…
ThinkstockAMC Networks Inc. (NASDAQ: AMCX), which brought you “Breaking Bad,” “Mad Men” and “The Walking Dead,” said Monday it has agreed to buy Chellomedia, the international content unit of Liberty Global PLC (NASDAQ: LBTYA),…