Related topics: chief executive · company · profit

Microsoft tears down walls to open up future

When CEO Steve Ballmer announced Microsoft's most sweeping reorganization in years Thursday, he said it was to make the company faster-paced and more collaborative - all the better to advance his vision of turning the software ...

Sharp to make cutting-edge LCDs in China

Troubled Japanese electronics giant Sharp Corp is to produce cutting-edge LCD panels for smartphones in a Chinese joint venture from as early as 2015, a report said on Wednesday.

HP cutting at least 850 jobs in Germany

US computer giant Hewlett-Packard said Friday it was closing its enterprise software operation in Ruesselsheim, Germany, in a move eliminating at least 850 jobs.

LodgeNet files for Ch. 11, plans sale to Colony

LodgeNet Interactive Corp. says it is filing for Chapter 11 bankruptcy protection as part of a plan to sell itself to investment firm Colony Capital for $60 million.

United Technologies 4Q profit down but sales grow

United Technologies Corp. posted a 26 percent drop in fourth-quarter net income from continuing operations on Wednesday due to one-time items including restructuring costs and completing its $18.4 billion Goodrich acquisition.

Verizon Communications 4Q loss widens

Verizon Communications' fourth-quarter loss widened, dragged down by restructuring, pension and Superstorm Sandy costs. The company activated a record number of new devices on its contract-based plans during the period.

Former Nortel execs acquitted of fraud

A Canadian court on Monday acquitted three top executives of former high-flying telecom company Nortel accused of defrauding the now-defunct firm, citing a lack of evidence.

Tribune leaves bankruptcy after 4 years

(AP)—Tribune Company says it has emerged from a Chapter 11 restructuring more than four years after the media company sought bankruptcy protection.

page 2 from 6