(AP)—Best Buy Co. on Tuesday reported a loss for its fiscal first quarter as it sold its stake in Best Buy Europe and works on a turnaround plan that includes cutting costs and closing some stores.
May 21, 2013
not rated yet
0
Japan's NEC cast off two straight years of losses Friday, reporting it had returned to the black after a painful restructuring including layoffs and a business overhaul.
Apr 26, 2013
not rated yet
0
Mitsubishi Motors said Friday it had detected a new problem with lithium batteries used in its plug-in hybrid vehicle, the latest battery issue to affect the Japanese automaker in the past few days, media ...
Mar 29, 2013
3 / 5 (2)
0
Swedish wireless equipment maker Ericsson and Switzerland's STMicroelectronics say they will lay off up to 1,600 workers globally as part of a plan for splitting up their unprofitable joint venture.
Mar 18, 2013
not rated yet
0
(AP)—Simon Cowell has taken over television screens and radio airwaves around the world. Now he's taking aim at the Internet.
Feb 28, 2013
not rated yet
0
Chinese oil giant Sinopec is investing $1.02 billion in a US shale field as it teams up with Chesapeake Energy Corp. in a 50-50 joint venture, the companies said Monday.
Feb 25, 2013
not rated yet
0
Alcatel-Lucent CEO Ben Verwaayen is leaving the loss-making French-U.S. telecommunications gear maker after a failed four-year bid to turn the business around.
Feb 07, 2013
not rated yet
0
Wireless equipment maker Ericsson posted a 6.46 billion kronor ($1.02 billion) loss in the fourth quarter due to a massive one-time charge, but said Thursday its sales rose 5 percent as mobile operators invested in broadband ...
Jan 31, 2013
not rated yet
0
Europe's largest chipmaker, STMicroelectronics NV, said Monday it plans to exit its money-losing joint venture ST-Ericsson, as it struggles to manage a downturn in global demand.
Dec 10, 2012
4 / 5 (1)
0
LG Electronics vowed on Thursday to appeal against a European Commission fine of nearly 500 million euros ($653 million) for price-fixing, calling the penalty unfair and discriminatory.
Dec 06, 2012
not rated yet
0
Nokia Siemens Networks, a joint venture between Finnish and German engineering giants Nokia and Siemens, said Wednesday it is shutting down one of its German units with the potential loss of 1,000 jobs.
Dec 05, 2012
4 / 5 (1)
0
(AP)—A Delaware bankruptcy judge has approved the sale of a digital production company founded by film director James Cameron.
Sep 25, 2012
not rated yet
0
(AP)—T-Mobile on Wednesday named the former CEO of Global Crossing, John Legere, as its new chief executive.
Sep 19, 2012
not rated yet
0
The European Commission said Wednesday that it has cleared a joint venture between operators Telefonica of Spain and Vodafone and Everything Everywhere in Britain in mobile phone commerce.
Sep 06, 2012
not rated yet
0
(AP)—Amazon.com's Internet video library is gaining more box-office appeal under a licensing deal with Epix that threatens to undercut Netflix leadership in a growing market that's transforming the entertainment industry.
Sep 04, 2012
not rated yet
0
