Feb 7, 2014 by Mark BrooksTower Group Internatinoal Chairman, CEO Lee Resigns Former board member William W. Fox Jr. is expected to become president and CEO once his employment terms are finalized.
Feb 6, 2014 by Mark BrooksOil Gains; AAA Says Prepare for Higher Pump PricesRefineries are starting to shut down for winter maintenance, which reduces supply. They also gradually switch to more expensive summer blends of gasoline over the coming weeks.
Feb 6, 2014 by Mark BrooksPhilip Morris International Q4 Profit Falls 5% as Cigarette Sales DropIts adjusted results were in line with Wall Street expectations.
Feb 6, 2014 by Mark BrooksKellogg Returns to Profit in Q4, Revenue Dips Sales in North America fell 2.8% as sales for its U.S. morning foods and snacks divisions declined.
Feb 6, 2014 by Mark BrooksAdvance Auto Parts Q4 Profit Falls on AcquisitionsIts adjusted earnings and revenue beat Wall Street expectations, however.
Feb 5, 2014 by Mark BrooksCoca-Cola Buys 10% Stake in Green Mountain Coffee; Keurig Cold on the WayThe deal hinges on Green Mountain launching a single-serve beverage system, similar to what it uses for coffee, for cold beverages.
Feb 5, 2014 by Mark BrooksA New Way to Invest in a 401(k): ETFs Charles Schwab launched an all-ETF 401(k) offering on Wednesday.
Feb 5, 2014 by Mark BrooksNFL Awards Thursday Contract to CBSCBS is already the top-rated broadcast network and its most popular comedy, The Big Bang Theory, airs on Thursday nights.
Feb 5, 2014 by Mark BrooksFrom Harvard to Nearly Everywhere: Key Dates in Facebook's 10-Year HistoryFebruary 2009: Facebook introduces Like, allowing people to endorse other people's posts.
Feb 5, 2014 by Mark BrooksCorrections Corporation of America to Pay Idaho $1 Million for UnderstaffingThe Idaho Department of Correction is currently in the process of taking over the 2,080-bed Idaho Correctional Center.
Feb 5, 2014 by Mark BrooksGoogle Awards $106 Million in Stock, Cash to SchmidtSchmidt is getting an award of $100 million in Google's restricted stock for the second time in the three years since he relinquished the CEO job to company co-founder Larry Page.
Feb 4, 2014 by Mark BrooksSilicon Valley Economy Sizzles, but Not for EveryoneBut middle wage earners such as nurses, police and plumbers are being driven out while low-end earners receive stagnant wages.
Feb 4, 2014 by Mark BrooksSolar Financer Sunrun Buys Installer REC SolarSunrun, based in San Francisco, has nearly 50,000 customers in 11 states. REC Solar has 11,000 customers in seven states.
Feb 4, 2014 by Mark BrooksU.S. Oil Shippers Want in on Keystone XL PipelineNorthern producers have increasingly turned to shipping oil by train as the Keystone is debated.
Feb 4, 2014 by Mark BrooksAsset Sales in Wake of Deepwater Horizon Disaster Weigh on BP's Q4 EarningsThe spill, which created a huge furor in the U.S., prompted the company to transform its business. It has sold off a little under $40 billion worth of assets in response.
Feb 4, 2014 by Mark BrooksBoston Scientific Q4 Income Climbs as Costs Fall The company said it expects to earn $0.35 to $0.40 per share in 2014.
Feb 4, 2014 by Mark BrooksCisco, Google in Patent Cross-Licensing DealGoogle reached a cross-license agreement with Samsung Electronics Co. last month.
Feb 4, 2014 by Mark BrooksNHTSA Investigates Honda Accord Air Bag IssueThe probe covers about 363,000 of the popular midsize cars from the 2008 model year.
Feb 4, 2014 by Mark BrooksInternet Companies Release a Bit More About Government Requests for DataThousands of Americans were affected by the government requests approved by judges of the secret Foreign Intelligence Surveillance Court.
Feb 4, 2014 by Mark BrooksNadella Named Microsoft CEO; Gates Taking on New RoleNadella, 46, has worked at Microsoft for 22 years and has been an executive in some of the company's fastest-growing and most profitable businesses, including its Office and server and tools business.