Oracle shares fall on weak 3rd-quarter report (Update)

Oracle Corp. on Wednesday reported flat earnings for its fiscal third quarter, hurt by a continued drop in sales of hardware systems and a surprise decline in sales of new software—which the company attributed to a lackluster ...

Struggling Groupon ousts CEO Andrew Mason (Update)

Struggling online deals pioneer Groupon has ousted its quirky founder and CEO Andrew Mason amid worries that people are tiring of the myriad of online restaurant, spa and Botox deals that Groupon built its business on.

Samsung sees record-high 4Q profit

Samsung Electronics Co., the world's largest technology company by revenue, expects record earnings for the fourth quarter of 2012 as shoppers continued to snap up its smartphones and tablets.

After oil and gas, Denmark's Dong ditches coal

Danish green energy giant Dong said Thursday it was pulling out of coal use, burning another bridge to its fossil fuel past after ditching oil and gas.

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