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Articles
IBM Profits Plunge 99.6% on Disposal of Chip Unit
Under the deal, GlobalFoundries will purchase and operate existing IBM semiconductor manufacturing operations and factories in East Fishkill, New York and Essex Junction, Vermont.
Reebok
Investors Eye Reebok Buy from Adidas
Adidas bought Reebok in 2006 hoping to pile pressure on Nike.
Batman
Calling Batman: Japan Firm Unveils Bat-signal of the Future
Like the Bat-signal that alerted the Caped Crusader to trouble brewing in Gotham City, its inventors hope that it might eventually be used to warn people of danger such as an approaching tsunami.
GE and Other US Giants See Growth Ahead
GE and Other US Giants See Growth Ahead
General Electric reports higher earnings for the third quarter and says global growth remains solid if uneven, with the US especially strong.
Volkswagen logo
Volkswagen Recalls More Than 1 Million Cars in US, China
The German automaker is blaming a defect in the rear axles for the recalls.
Chrysler
Chrysler Recalls 900,000 Cars for Engine, Wiring Issues
Dodge Challenger, Durango and Jeep Grand Cherokee models are being recalled for issues that can result in stalled engines and short-circuits.
Shale Assets of Chesapeake Sold to Southwestern Energy for $5.4 Billion
Shale Assets of Chesapeake Sold to Southwestern Energy for $5.4 Billion
The deal covers 413,000 acres of land in West Virginia and Pennsylvania that currently produce about 56,000 barrels of oil equivalent per day,
Sales Boom for Volvo -- Hiring 1,300 in Sweden
Sales Boom for Volvo -- Hiring 1,300 in Sweden
In August the group doubled its sales growth outlook for 2014 to 10% on the back of a surge in demand from Chinese car buyers, which grew by more than a third.
yuan surrounded by us dollars
Treasury Says It Again: China Does Not Manipulate Currency
However, the yuan remained "significantly undervalued," the Treasury said, reiterating the description it has long used in pressing China to allow its currency to move toward a market-determined exchange rate.
Brazilian Firms Sweeten Takeover Bid for Chiquita
Brazilian Firms Sweeten Takeover Bid for Chiquita
Two Brazilian companies have raised their takeover offer for US banana giant Chiquita in an attempt to woo it away from a merger with Irish fruit producer Fyffes.
Electronic Manufacturing Drives Singapore Return to Growth
Electronic Manufacturing Drives Singapore Return to Growth
The government expects the economy to grow 2.5%-3.5% this year.
toyota logo
New Toyota Recall Targets 1.75 Million Vehicles, 3 Separate Problems
The automaker has recalled almost 11 million vehicles since the start of the year, dealing another blow to its once-stellar reputation for quality and safety.
Gulfstream Unveils Two New Business Jets
Gulfstream Unveils Two New Business Jets
Gulfstream Aerospace Corp. unveils two new business jets and says orders are lining up from Flexjet and Qatar Airways.
Porsche 911
Automotive Supply Chain: Overcoming Ethnic Rifts
Despite deep interethnic divisions that have endure almost 20 years after the Bosnian War, Muslim and Serb workers at the Bekto Precisa factory in Gorazde work together in harmony.
Retailers Find 80,000 Safety Hazards at Bangladesh Factories
Retailers Find 80,000 Safety Hazards at Bangladesh Factories
"We've found safety hazards in all factories... from minor to significant," said Brad Loewen, chief safety inspector, the Bangladesh Accord on Fire and Building Safety.
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