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Updated: 4 min 15 sec ago

Jerome York Dies at 71

5 min 44 sec ago
Turnaround expert Jerome York died after being stricken with a brain aneurysm. After helping to revamp IBM, he led Kerkorian's attempts to force changes at Chrysler and GM.
Categories: Stocks

Prius Probe in New York Suggests Driver Error

15 min 28 sec ago
The results of an investigation of a Toyota Prius accident in Harrison, N.Y., suggest driver error may have been to blame for the crash.
Categories: Stocks

Teva to Buy Ratiopharm

19 min 37 sec ago
Teva said it will buy generic drug maker Ratiopharm for $4.97 billion, catapulting the Israeli drug maker to a top position in the European generic drug market.
Categories: Stocks

Astra Wins in Seroquel Case

31 min 6 sec ago
A jury in a New Jersey state court ruled in favor of AstraZeneca, rejecting a Louisiana plaintiff's claims that antipsychotic drug Seroquel caused diabetes.
Categories: Stocks

Apple Races to Strike iPad Content Deals

41 min 30 sec ago
Apple is still working to secure content for the iPad with just weeks to go before the tablet computer's release, said people familiar with the matter, as the company tempers some of its initial ambitions for the much-hyped device.
Categories: Stocks

Viacom, Google Trade Barbs

1 hour 12 min ago
Viacom and Google pointed fingers at each other over postings of copyrighted content on the video-sharing Web site, in documents released as part of their litigation.
Categories: Stocks

Cuomo Expands Pension Probe

1 hour 20 min ago
New York's attorney general said his office will investigate what he called "manipulation" of government workers' salaries and overtime pay to secure inflated pensions in a practice known as "pension spiking."
Categories: Stocks

Toyota Demands ABC Retract Report

1 hour 51 min ago
Toyota has asked ABC News for a public retraction and formal apology for an "irresponsible broadcast" last month that purported to show how electronics problems in Toyota vehicles could lead to unintended acceleration.
Categories: Stocks

Benetton Revamps Management

1 hour 54 min ago
Benetton has tapped new managers to run the apparel maker, underscoring the long-running battle to bring the company up to speed with fast-fashion chains.
Categories: Stocks

GameStop Posts Drop in Net but Lifts Outlook

1 hour 58 min ago
GameStop's earnings fell 7.1% as holiday sales were hurt in part by the weak economy and a shortage of gaming systems, but analysts pointed to signs the videogame retailer's core customer has remained loyal despite overtures from big-box retailers.
Categories: Stocks

Tullett Wins Poaching Claim

2 hours 25 min ago
U.K. broker Tullett Prebon won its employee-poaching claim against rival BGC Partners in a judgment from the U.K's High Court.
Categories: Stocks

Wachovia Settles Money-Laundering Case

2 hours 31 min ago
Wachovia agreed to pay $160 million to settle Justice Department allegations that a failure in bank controls enabled drug traffickers to launder money through the bank.
Categories: Stocks

Lehman Blasts Barclays Over Deal

2 hours 41 min ago
Lehman Brothers renewed its bid to have a federal judge revisit Barclays' purchase of its U.S. operations, claiming the British bank pocketed billions in assets without telling the court.
Categories: Stocks

McLaren Plans High-End Sports Car

2 hours 44 min ago
One of the most successful teams in Formula One motor racing is gearing up to challenge sports-car makers with its own high-performance vehicles for the road in a move it hopes will secure its long-term future.
Categories: Stocks

Ex-Anglo Irish Chairman Arrested

2 hours 47 min ago
Irish police arrested Anglo Irish Bank's former chairman Sean FitzPatrick in connection with irregularities at an Irish financial institution.
Categories: Stocks

American Airlines Hit With $300,000 Proposed Fine

2 hours 49 min ago
Federal air-safety regulators proposed their second civil penalty in less than a week against American Airlines for alleged maintenance lapses.
Categories: Stocks

Carrefour Fills Key Europe Post

2 hours 52 min ago
French retail giant Carrefour named Vicente Trius, a Wal-Mart Stores executive, to head its European operations outside of France.
Categories: Stocks

Google Pushes TV Initiative

2 hours 58 min ago
Google has lined up partners, including Intel and Sony, in the Internet giant's recent quest to move its technology into the living room, people familiar with the situation say.
Categories: Stocks

FedEx Cites Stronger Recovery

3 hours 20 min ago
Fedex raised its full-year earnings forecast and said its fiscal third-quarter profit more than doubled amid strength at the airline freight unit.
Categories: Stocks

Another Departure at Unilever

3 hours 29 min ago
Unilever said that Vindi Banga, president for global foods, home and personal care, resigned. His is the latest in a series of notable departures under the new CEO.
Categories: Stocks

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