Facebook underwriter Morgan Stanley defends IPO

The chief executive of Morgan Stanley on Wednesday defended his company's lead role in the disastrous IPO of Facebook, which has lost investors billions of dollars.

China rejects US claims over telecom firms

A US Congressional report that warns two Chinese telecom companies pose a national security risk and should face restrictions in the US market is "groundless", China has said.

Slow capability development prevents strategic change

In the changing global operating environment, multinational corporations must be prepared to make strategic changes and possess the ability to reform and alter their capabilties base. If a company becomes too fixed on capabilities ...

India's HCL profit jumps 43%, shares gain

India's fourth-biggest software services firm, HCL, Tuesday posted a 43 percent jump in quarterly net profit, beating forecasts, thanks to stronger outsourcing demand and a weak rupee.

Scanner data can help New York state farmers boost market sales

Julie and Steve Rockcastle, founders of Green Heron Growers in New York's Cattaraugus County, are always trying to figure out what works and what doesn't when it comes to selling their grass-fed beef at farmers markets. So ...

Thomson Reuters profit tops forecasts

Financial news and information group Thomson Reuters said Friday third-quarter profit rose 25 percent from a year ago to $462 million, led by its financial and audit services.

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