Business plan competitions may be key to job growth

A new study of high-tech startups that participated in the Rice Business Plan Competition (RBPC) shows that these entrepreneurs have a much higher rate of success than typical new ventures and are therefore more likely to ...

Toshiba, Bain executives join in push for memory-chips sale

At Toshiba's flash-memory chip plant in Yokkaichi, the orderly quiet of the clean room, with its metal boxes zipping around on overhead rails, contrasts sharply with the messy feud between its owners over plans to sell this ...

NEC swings to annual net profit

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.

CBS 4Q earnings top views, but sales fall short

(AP) -- Broadcasting giant CBS Corp. said Wednesday that its earnings rose 31 percent in the final quarter of 2011, thanks to licensing shows to online video companies such as Netflix as well as cost-cutting that helped ...

Profits plunge in Q2 for Sweden's Ericsson

(AP) — Swedish wireless equipment maker LM Ericsson saw its second-quarter profits slashed to almost a third as sales of network infrastructure slowed in China and Russia and the company focused on the more stable — ...

Cult video gaming firm closer to IPO

Leading video game hardware company Razer has secured $50 million from a Beijing-based venture capital fund that takes it potentially closer to a public listing, the company said Wednesday.

Toshiba board decides on chip sale to Bain Capital group

Toshiba's board signed off Wednesday on selling its computer chip business to a group led by Bain Capital Private Equity, but the deal's future remains unclear as Toshiba's U.S. joint venture partner Western Digital opposes ...

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