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U.K. Media Bribe Probe Widens
British authorities arrested five employees of News Corp.'s tabloid The Sun and said they are now probing suspected payments not just to police but to other public officials.
Categories: Business
China Funds Grease Rust-Belt Company
When Chinese investors bought its largest remaining industrial employer, Saginaw, Mich., went from being an exhibit of decline to a case study in the impact of Chinese money on U.S. communities.
Categories: Business
SEC Probes Private Equity
Federal regulators are examining how private-equity firms value their investments as part of a wide-ranging inquiry.
Categories: Business
Business Wooed on Clean Energy
The Obama administration is touting the tax benefits in a push for corporate investment in renewable energy, an effort to help the industry after a government grant program expired.
Categories: Business
Suzlon Energy Net Loss Widens
Suzlon Energy said its net loss for the fiscal third quarter widened from a year earlier, weighed by higher interest costs and an increase in tax.
Categories: Business
Tata Power Profit Slides 40%
Tata Power, India's largest private power producer, posted a wider-than-estimated decline in its fiscal third quarter net profit after it took charges related to higher fuel costs for its 4,000 megawatt power project and due to a change in accounting standards.
Categories: Business
DLF Profit Falls 45%
DLF, India's largest property developer by sales, said profit for the fiscal third quarter fell 45% from a year earlier, hurt by lower sales as demand for new homes and offices remained subdued due to slowing economic growth and as interest payments on outstanding loans increased.
Categories: Business
NYSE Sets Road Map as Net Falls
The top executive of NYSE Euronext sought to play down near-term threats to the exchange company's business and direct attention toward renewed growth plans.
Categories: Business
Insider Charges for Fund Manager
A California hedge-fund manager was charged with making a series of improper trades in Google and other tech companies based on inside information.
Categories: Business
California Solar Deal Hits a Snag
A $1.36 billion government-backed deal for a Southern California solar farm has hit a snag and could be days from unraveling, all due to a local construction permit.
Categories: Business
Allstate Warns Agents of Tax Errors, Bonus Issues
Allstate warned its insurance agents Friday that it had discovered separate errors in their tax documents and the year-end reports that show data used to calculate their annual bonuses.
Categories: Business
Regulators Close Two Banks
Regulators closed a bank in Illinois and another one in Indiana, bringing the nationwide tally of bank failures to nine for the year.
Categories: Business
Investors Rethink Rothschild Ouster
Indonesian investors behind London-listed mining company Bumi said they may reconsider their attempt to oust financier Nat Rothschild from the company's board.
Categories: Business
De Beers Warns on Diamond Demand
Demand for diamonds will be lower this year due to the dismal global economic climate, De Beers said. The diamond miner reported a rise in its full year 2011 earnings despite a difficult second half.
Categories: Business
Oracle Broadens Reach in Web-Based Software
Oracle agreed to acquire online-software maker Taleo for $1.9 billion, in the latest sign that the software industry's old guard is embracing a newer model.
Categories: Business
Apple Sues Motorola in Latest Legal Spat
Apple sued Motorola Mobility on Friday in the latest legal maneuver involving alleged patent infringement.
Categories: Business
The Beverage Wars Move to Coconuts
Soda sales are flat and the beverage industry is looking for its next big thing. Increasingly, it is turning to the coconut.
Categories: Business
Stakes Rise in Apple vs. Google
Google plans to make a branded home-entertainment system, moving toward control of both the software and hardware process, a formula used by rival Apple.
Categories: Business
Hasbro, Zynga Partner
Rivals in the world of online videogames, Hasbro and Zynga are becoming partners in the physical realm of toys and board games.
Categories: Business
LinkedIn Sets Tone for Social Networks
LinkedIn's profit jumped 30% and its revenue more than doubled, providing a lift to the young social-networking industry ahead of Facebook's IPO later this year.
Categories: Business









