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Business News Headlines
Tax cuts and targeted spending to spark job growth are likely to be part of the next effort by President Barack Obama to jumpstart the economy ahead of crucial midterm elections. Obama spoke in the Rose Garden yesterday after the August jobs report came out better than expected. It showed the ...
The board of Andean Resources has backed the Goldcorp proposal and offered 0.14 a share of Goldcorp common stock, as well as $6.17, for each Andean share. The bid represents a 35 percent premium over Andean’s closing price in Toronto on Thursday and a 56 percent premium over its recent share price ...
Sept. 4 (Bloomberg) -- Dell Inc., beaten by Hewlett-Packard Co. in an 18-day bidding war for data-storage provider 3Par Inc., is likely to pursue other targets that would help it vie with market leaders including EMC Corp. “We do plan to continue to look to grow organically, but also take a look ...
LONDON (AP) -- BP says it has so far spent $8 billion responding to the disastrous oil well blowout in the Gulf of Mexico. The company said Friday that the total included $399 million paid to settle 127,000 claims from businesses and other affected by the oil spill. The oil company said more than ...
WASHINGTON — Unemployment is stuck at high levels even though some companies are hiring. The problem, government data show, is that too few jobs are being created for the growing number of people looking for work. Private employers added a net total of 67,000 jobs in August. But the unemployment ...
DETROIT — Chevrolet has tapped comedian Tim Allen as the voice of the brand, after more than a year of searching for a new marketing theme. Michigan native Allen’s voice, most recently famous as that of Buzz Lightyear in Pixar’s “Toy Story” movies, will debut in Chevrolet Cruze commercials ...
Time Warner Cable customers will finally get access to the sports website ESPN3.com, even if they are not subscribers of the company’s Internet service, according to a long-term deal with The Walt Disney Co. Time Warner also is launching a new college football channel called “ESPN Goal Line ...
CERNOBBIO, Italy -- Is the global economy out of the woods? Two years after near-meltdown, with the U.S. looking sluggish, equity markets groggy and Europeans fighting a debt crisis, experts gathered in Italy offered a generally gloomy outlook -- especially for the United States and much of the ...
Real Taste Noodle Manufacture of Chicago is recalling 5-pound bags of egg noodles, because they have the potential to be contaminated with salmonella, an organism that can cause serious and sometimes fatal infections in young children, frail or elderly people and others with weakened immune systems ...
A federal appeals court has found Eminem's former production company is entitled to more money from downloads of the rapper's songs and ringtones. A federal jury last year had ruled against F.B.T. Productions LLC in its lawsuit against Universal Music Group seeking a greater share of revenue from ...
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