Today's Business Headlines
"This morning we learned that our economy grew by 2.4 percent in the second quarter of the year, so that means it's now been growing again for one full year," Obama said at a Chrysler plant.
"We've got to keep on increasing that rate of growth and keep on adding jobs so we can move ...
WASHINGTON (Reuters) - Economic growth slowed in the second quarter as companies invested heavily in equipment from abroad and the pace of consumer spending eased, raising concerns about the recovery in the rest of 2010.
The fastest rate of business spending in four years would normally be ...
BILOXI, Mississippi (Reuters) - BP Plc said on Friday it could seal its ruptured Gulf of Mexico oil well by next week as U.S. lawmakers prepared to vote on reforms that would put tougher restrictions on offshore drilling.
Incoming BP Chief Executive Bob Dudley said the company would attempt a ...
The New York-based company had $41.2 million in assets and $24.6 million in debts on June 30, 2010 according to the company's filings with the U.S. Bankruptcy Court in Manhattan.
The firm last month announced it would fire all of its nonessential staff after the Financial Industry Regulatory ...
OTTAWA (Reuters) - Research In Motion is not known for its dramatic flair. Like the BlackBerry itself, with its renowned email security, the Canadian smartphone maker seems to put function before form.
But RIM may break with tradition next Tuesday when it raises the curtain on its long-awaited ...
The Rangers' bankruptcy court-appointed chief restructuring officer, William Snyder, said at a court hearing on Friday that he supports the new offer, according to a person who attended the hearing by telephone.
The source did not want to be identified because of this person's proximity to the ...
The move may give Chief Executive Mark Zuckerberg more time to gain users and boost sales, but Zuckerberg could still push for a stock sale at any time, the agency said.
Jonathan Thaw, a spokesman for Facebook, declined to comment, Bloomberg said. Facebook could not immediately be reached for ...
LOS ANGELES/NEW YORK (Reuters) - Walt Disney Co has struck a deal to sell Miramax, the studio behind such films as "Trainspotting" and "No Country for Old Men," for more than $660 million to a group that includes construction magnate Ron Tutor and investment firm Colony Capital ...
DETROIT (Reuters) - Chrysler Group LLC will add a second shift to the Sterling Heights Assembly Plant near Detroit in early 2011 and keep that plant open beyond 2012, when it had been planned to shut, the company said on Friday.
Chrysler Chief Executive Sergio Marchionne will make the announcement ...
Customers are far more likely to purchase a product or service if they feel valued by the person selling it. Underappreciated customers will look elsewhere to make their purchase.
Reach out to your customers and make sure they know how important they are to you. Give them the opportunity to meet ...