Business News

General Motors GM October sales

TOKYO (Reuters) - Panasonic Corp said it will lose almost $10 billion this business year as it cleans house of poorly performing operations, writing down billions of dollars of goodwill and assets in its mobile and energ...

Meet the nine social networking entrepreneurs and investors whose fortunes dropped as stocks like Facebook, Groupon and Zynga tumbled in value.

The Huffington Post Media Group and the Oprah Winfrey Network are today launching a site the pair of media giants had announced in May, called...

(Reuters) - U.S. solar companies First Solar Inc and SunPower Corp reported stronger-than-expected quarterly results, defying weak prices and excess supply of solar panels by cutting costs and increasing their focus on b...

WASHINGTON (Reuters) - A Federal Trade Commission staff report has recommended that the government sue Google for violating U.S. antitrust law because it asked courts to stop sales of some products which infringe on its ...

NEW YORK (Reuters) - Knight Capital Group said on Thursday it was processing stock orders as usual and that its regular power supply had been restored a day after a backup power generator went down, forcing the brokerage...

NEW YORK (Reuters) - Nearly 1,200 retailers said on Thursday they will urge a federal judge to reject a proposed $7.2 billion settlement between merchants and Visa Inc and Mastercard Inc over credit card fees, calling it...

In today's economy, businesses need to leverage the strengths of their employees to get the most productivity while providing the best environment for their employees to be productive in.

In the midst of picking up the pieces after the devastation of Hurricane Sandy, taxes probably are not the first thing on your mind.  However, with disasters comes property damage or loss, both partial and total, whic...

Net income was $24.4 million, up from $19.7 million a year earlier and beating analysts' estimates. Revenue was $186.3 million, up about 16 percent from $160.8 million in the year-earlier quarter.

(Reuters) - Starbucks Corp reported higher quarterly profit on Thursday, as overall sales at its established coffee shops topped analysts' estimates, and it raised its forecast for fiscal 2013.

Republican Presidential candidate Mitt Romney purports to be an experienced businessman, as he has told us again and again on the campaign trail. So why doesn't he see that building Jeeps in China is good for America?

American International Group swung to a third-quarter profit of $1.9 billion, driven by a drop in costs tied to natural disasters and improvements in several lines of business.

George Lucas is best known as the guy behind Star Wars but going forward, he'd like to be known for his philanthropy. The mogul has vowed to donate most of the money coming from Disney's $4 billion purchase of his compan...

The frustration of those of us arguing for pragmatic reforms and unbiased research should be evident. I am thankful that here in the United States, the SEC has at least begun to realize the need for more independence in ...

Obama Vs. Romney on taxes, dividends and investment gains.

London-based magazine, The Economist, endorsed President Barack Obama on Thursday.  It is the second time the world's leading economics-focused magazine has endorsed Obama, this time by a narrow margin over former Mas...

Online diamond and jewelry retailer Blue Nile said Thursday its net sales increased 19.8 percent, year-over-year, to $89.8 million for the third quarter due to a increases in all its product categories, including its new...

Unfortunately, sometimes it takes a disaster to change perceptions when it comes to how workers work and what makes sense for employers.

According to Amanda Augustine, job search expert with TheLadders, Hurricane Sandy and the rebuilding effort that will follow may have just given out-of-work midlifers a...

General Motors announced its Q3 earnings on Wednesday and showed that European losses worsened but North America continued to churn out decent profits. GM’s results are similar to Ford Motors' which were announ...