Shares of popular travel ratings website TripAdvisor sank about five percent on their first day trading publicly Wednesday, as US investors remained skittish about new tech listings.
Business
Dec 21, 2011
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Semiconductor equipment maker Lam Research Corp. is buying rival Novellus Systems Inc. for $3.3 billion in stock, the companies announced Wednesday.
Business
Dec 15, 2011
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(AP) -- Apple Inc. co-founder Steve Jobs' $4.6 billion worth of shares in The Walt Disney Co. are now in a trust run by his wife, Laurene Powell Jobs.
Business
Nov 24, 2011
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From Enron in the United States to Satyam in India, there are plenty of examples of corporate managers lying about their companies' earnings and ultimately hurting themselves and the businesses they work for.
Economics & Business
Nov 14, 2011
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South Korea's top mobile carrier SK Telecom said Monday it signed a deal to buy a controlling stake in Hynix Semiconductor, the world's number two memory chip maker.
Business
Nov 14, 2011
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South Korea's top mobile carrier SK Telecom has been selected as preferred bidder for a controlling stake in Hynix Semiconductor, the world's number two memory chip maker, creditors said Friday.
Business
Nov 11, 2011
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(AP) -- A major Yahoo shareholder believes the slumping Internet company would be better off without Jerry Yang on its board as it mulls a possible sale.
Business
Nov 5, 2011
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News Corp's purchase of Myspace was a "huge mistake" and the social network was mismanaged "in every possible way" following the acquisition, chief executive Rupert Murdoch said Friday.
Business
Oct 21, 2011
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(AP) -- Shares of Yahoo Inc. rose Monday as more reports emerged that potential buyers are circling the Internet search company.
Business
Oct 10, 2011
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Carlos Slim, the Mexican magnate believed to be the world's richest individual, has increased his stake in the The New York Times Co. to 8.1 percent, regulatory filings showed Thursday.
Business
Oct 7, 2011
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