Jan 29, 2014 by Mark BrooksGoogle Selling Motorola Phone Business to LenovoMotorola has lost nearly $2 billion since Google took over in May 2012 while trimming its workforce from 20,000 to 3,800.
Jan 29, 2014 by Mark BrooksQ&A on Obama's New "MyRA" Savings ProgramTreasury expects to have a pilot program working by the end of the year. The White House does not need congressional approval to start the program.
Jan 29, 2014 by Mark BrooksOil Flat as Fed Tapering News Offsets Drop in Heating Oil SupplyWith cold weather expected to dominate forecasts for the next few weeks, refiners will be demanding more crude to produce heating oil.
Jan 29, 2014 by Mark BrooksBeretta to Build New Firearms Plant in Tenn.Several states began wooing Beretta from Maryland after the company raised objections to a wide-ranging gun control measure enacted there last year.
Jan 29, 2014 by Mark BrooksAG Promises to Track Down Target Data ThievesMinneapolis-based Target says it is working with the Secret Service and the Justice Department in response to the data breach.
Jan 29, 2014 by Mark BrooksNintendo Profit Falls on Sluggish Wii U SalesTop executives announced they would take pay cuts.
Jan 28, 2014 by Mark BrooksState of the U.S. Economy: Strongest Since RecessionForty percent of Americans identify themselves as lower or lower-middle class. Just 25% of the country felt that way in 2008.
Jan 28, 2014 by Mark BrooksInternational Paper to Merge Xpedx With UnisourceThe new company will seek to list its shares on the New York Stock Exchange.
Jan 28, 2014 by Mark BrooksIndia Lifts Ban on World's Largest Passenger Plane, Airbus A380Aviation Minister Ajit Singh said that lifting the restrictions would help bring more revenue to airports and boost India's international reputation as a flight destination.
Jan 28, 2014 by Mark BrooksJ.C. Penney Lowers Threshold for "Poison Pill" The Plano, Texas-based department store chain is cutting jobs and closing stores in an effort to return to profitability.
Jan 28, 2014 by Mark BrooksAmerican Airlines Posts $2 Billion Loss on Charges"The early returns on our merger are very positive," CEO Doug Parker said in a statement.
Jan 24, 2014 by Mark BrooksNatural Gas Soars as Cold Grips Homes, DrillersThe price of natural gas is up 29% in two weeks, and is 50% higher than last year at this time.
Jan 24, 2014 by Mark BrooksPepsiCo, Nestle Plan to Boost Mexico InvestmentsPepsiCo said it plans to invest $5 billion in the country over the next five years.
Jan 24, 2014 by Mark BrooksShift to Online Shopping Hurts Growth at StarbucksSchultz suggested that all that time spent online will make Starbucks cafes even more important since they provide a "deep sense of community and human connection."
Jan 23, 2014 by Mark BrooksJanuary Storms Lead to Big Spike in Canceled FlightsA series of winter storms have led airlines to cancel more than 33,000 flights during the first three weeks of this year.
Jan 23, 2014 by Mark BrooksToyota Again Beats Out GM to Be World's Top-Selling AutomakerToyota set an ambitious target to sell more than 10 million vehicles this year.
Jan 23, 2014 by Mark BrooksAOL Buying Web Personalization Company Gravity for $83 Million AOL said the addition of Gravity will help it create more engaging, relevant and valuable experiences for consumers, advertisers and publisher partners.
Jan 22, 2014 by Mark BrooksAmerican Eagle Outfitters CEO Steps DownThe company said Jay L. Schottenstein, executive chairman, will serve as interim CEO as a search for a permanent CEO commences.
Jan 22, 2014 by Mark BrooksSector Snap: Shares of Natural Gas Drillers RiseEarlier in the day shares of Range Resources hit an all-time high of $88.24 and Cabot also reached an all-time high at $40.62.
Jan 22, 2014 by Mark BrooksTarget Ending Health Care Coverage for Part-Time EmployeesTarget says part-time workers who are enrolled in the health care plan and are losing coverage will be given a $500 cash payment.
