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TUESDAY, NOVEMBER 24, 2009
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NEWS ABOUT: business

business stories: 194 news summaries

81 - 100 of 194 Stories | << Prev 1 2 3 4 5 6 7 8 9 10 Next >>

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 Foreign Investment in Iraq Up 

American firms may miss early opportunities

Jun 17, 08 4:09 PM CDT
(Newser) - European and Asian investors are taking advantage of the recently stabilized Iraqi business climate, USA Today reports. US firms still regard Iraq as too dangerous to invest in, but that attitude may cost them the best opportunities. The firms “who are getting in on the ground floor are not... More »

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Iraq • business • competition • America • foreign investment • investment firm • investment

OPINION

Canada Could Hurt Firms It Tries to 'Protect'

Blocking US purchase of space division is 'significant risk'

Jun 17, 08 3:28 PM CDT
(Newser) - A move last month by the Canadian government to block the country's top space-tech firm from selling one of its divisions to a US buyer illustrates a tricky balancing act, Christopher Sands writes in the American: How far should Ottawa go to appease nationalist sentiment if it eats into economic... More »

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aerospace • Canada • business • foreign investment • Stephen Harper • Defense Industry • free trade • protectionism • MacDonald, Dettwiler and Associates

ANALYSIS

Internet Killed the Video Star That Killed the Radio Star

One-time trendsetter can't connect with wired youth

Jun 7, 08 9:44 AM CDT
(Newser) - The MTV generation is pushing middle age, and its favored video-delivery system is falling victim to YouTube, the Independent reports. Younger audiences–those key 16- to 24-year-olds–turn to the Internet for the hottest new music, and MTV's attempts to reconnect have failed. They include stabs at social networking... More »

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television • social networking • YouTube • music industry • MTV • business

Venture-Capital Investments Decline

Amount of money falls 5% vs. last year, but number of deals rises

Apr 19, 08 11:20 AM CDT
(Newser) - Venture capitalists’ investments declined 5% in the first quarter to $7.1 billion, compared with $7.5 billion this time last year, suggesting entrepreneurial concerns over startups in a troubled economy, the AP reports. The change marks the first year-to-year dip since late 2005. Still, the figure was the fifth-largest... More »

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business • IPO • venture capital • investment • credit crisis • economy

Japanese Women Turn to 'Geisha Guys'

Hot 'accessories' earn their pay with flattery,  companionship

Apr 7, 08 12:11 PM CDT
(Newser) - A new breed of companion is the rage in Japan, entertaining women with lavish compliments, conversation and undivided attention—the male geisha. Businesswomen pay upwards of $1,000 a night for these men, CNN reports—with, industry reps say, nothing physical being exchanged. Hundreds of such services have sprouted across... More »

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gender • Japan • business • gender roles • geisha

Norway
Shatters Its
Glass Ceiling

Nation requires 40%
of big companies' boards to be female

Mar 6, 08 5:44 PM CST
(Newser) - A state-mandated shattering of Norway's glass ceiling is drastically changing gender balance in boardrooms there—and not without some resistance, the Guardian reports. A law that 40% of non-executive board directorships at larger firms must go to women went into effect Feb. 22—and though a dozen Norwegian companies failed... More »

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CEO • business • Norway • gender discrimination • gender gap • board of directors • sex ratio • glass ceiling • gender in business

Sprint Nextel Takes $29B Loss as Customers Walk

Loss includes huge one-time writedown; company announces cover-everything plan

Feb 28, 08 10:00 AM CST
(Newser) - Sprint Nextel posted a net fourth-quarter loss of $29.45 billion and doesn’t expect a quick recovery, the Wall Street Journal reports. The No. 3 US wireless company will hold off dividend payments and draw down credit lines for protection as more customers leave the service. It has also... More »

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business • Sprint Nextel • cell phone industry • wireless service • writedowns • cell phone plans • losses

Retailers Bully Shoplifters for $$

'Civil recovery' systems using threat of legal action to extort funds

Feb 20, 08 2:00 PM CST
(Newser) - A system designed to compensate retailers for losses incurred by shoplifters has few controls to prevent the extortion or harassment, the Wall Street Journal reports. “Civil recovery” laws allow retailers to turn the names of suspected shoplifters over to collection agencies who demand fees of $200 or much more—... More »

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retail • business • shoplifting • Home Depot • Walgreens • National Retail Federation • Wal-Mart • civil recovery • collection agencies • Civil Demand Associates • Lord & Taylor • Palmer Reifler & Associates • Fair Debt Collection Practices Act • Zellman Group • Beall's

FBI Targets 14 Firms in Subprime Fraud Probe

Suspected cases of mortgage fraud up  in two years

Jan 30, 08 6:26 AM CST
(Newser) - The FBI is investigating 14 companies linked to the subprime mortgage crisis, the Wall Street Journal reports. The bureau is pursuing allegations including accounting fraud  and insider trading, said a bureau spokesman. An investigation into the complex secondary mortgage market could implicate major firms that have lost billions of investor... More »

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FBI • insider trading • business • mortgage • bank • financial institutions • subprime crisis

1,000 to Lose Jobs as Yahoo Profits Fall 23%

Will continue to face 'headwinds' this year as online ad revenues sink

Jan 30, 08 3:25 AM CST
(Newser) - After a 23% plummet in fourth quarter profits, Yahoo's CEO said the company will face job cuts and continued "headwinds" in 2008, the Wall Street Journal reports. Facing decreased advertiser spending, the company will lay off 1,000 employees next month, though it will try to relocate some within... More »

MORE ABOUT:
Yahoo • Internet • layoffs • business • Jerry Yang • Susan Decker • AT and T • Internet advertising

OPINION

New Tech Sinks or Swims Based on Whims

Users react to devices in surprising ways,
NYT scribe says

Jan 20, 08 8:09 PM CST
(Newser) - Innovations like the iPod and Prius usually require new user skills, and acceptance can depend on one's willingness to adapt, writes G. Pascal Zachary in the New York Times. “You throw technologies into the market and see what sticks,” he quotes one analyst as saying. Revolutionary stuff... More »

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technology • business • iPod • innovation • Prius • product development • gadget

No Real Estate Meltdown Here

Amazon's move will bring another big name to Seattle's booming South Lake Union

Jan 9, 08 7:52 PM CST
(Newser) - For the first time since the company's founding, Amazon's administrative employees will reside in one ZIP code, the New York Times reports. But the planned 2010 move from scattered offices to a single Seattle location will hardly make it the first big name in Paul Allen-directed South Lake Union: The... More »

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real estate • business • Seattle • real estate values • Paul Allen • Vulcan Real Estate • South Lake Union • vacancy • Amazon.com

IBM Launches Social Mapping Biz Tool

'Atlas' analyzes individuals' business statistics, relationships

Dec 29, 07 7:39 PM CST
(Newser) - IBM has released a software tool named 'Atlas' that aims to track and analyze statistical relationships among individuals in a corporate setting, MIT Technology Review reports. Employees are given the opportunity to partake in business-adapted online practices—blogging, social grouping, bookmarking, organizing projects—and Atlas creates a "social graph"... More »

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social networking • IBM • business • corporate • blogging • statistics

Syrian Expats Return Home Seeking Fortune

Looser economic regulations are creating lucrative opportunities

Dec 27, 07 3:16 PM CST
(Newser) - Many Syrians who long ago moved to the US are returning to their homeland to pursue business opportunities. New laws are loosening regulations on private investment and foreign exchange, creating lucrative targets for people with available funds and previous experience with Syria's bureaucracy. The Christian Science Monitor looks at an... More »

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Middle East • Syria • Bashar al Assad • business

CompUSA to Close After Xmas

 All stores to close after the holidays

Dec 8, 07 6:28 AM CST
(Newser) - CompUSA has been sold to a restructuring company and will be ending retail operations after the holidays, AP reports. The troubled electronics retailer, bought by Mexican telecom magnate Carlos Slim in 1999, closed more than half its outlets in the spring after repeated  turnaround efforts failed. Gordon Brothers Group will... More »

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business • retail sales • retail stores • computer

Black Friday Getting Longer

Stores open earlier to boost profits, attract headlines

Nov 22, 07 8:08 PM CST
(Newser) - Stores will open earlier than ever on Black Friday, with midnight openings becoming more common, the AP reports. Wal-Mart, in fact, began its sales today. "You sell two sweaters and you've broken even,” said one analyst. But Gap chief Glenn Murphy will be out with the hordes, then... More »

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shopping • JCPenney • business • US economy • chain stores • The Gap • department stores

Don't Blame China for Toy Recalls: Study

75% stem from
design flaws, not manufacturing

Nov 13, 07 6:13 PM CST
(Newser) - Don't blame China for soaring toy recalls, a new Canuck study says; the problem is design. "If you are going to get into a finger-pointing game, you should point it mostly on the design side," said a Canadian prof. "It has got nothing to do with China.... More »

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China • business • Mattel • manufacturing • toy recalls

Siemens, Banks Bow to US Pressure to
End Iran Biz

Firms falling in line with anti-nuke arm-twisting

Nov 9, 07 4:44 AM CST
(Newser) - The Siemens company in Germany, one of the world's largest engineering operations, and the country's three largest banks are cutting business ties with Iran under White House pressure to get out or risk US interests. It's a sign that major European corporations are beginning to line up behind American economic... More »

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Iran • Bush administration • international trade • business • nuclear program • Siemens

Microsoft
Fires CIO

Says investigation revealed he violated company policy but won't give details

Nov 6, 07 10:16 PM CST
(Newser) - Microsoft sacked its chief information officer, Stuart Scott, "after an investigation for violation of company policies," according to an email response to press inquiries. The company refuses to elaborate further, but since Scott appeared onstage with his boss at a technology conference less than a month ago, it... More »

MORE ABOUT:
technology • Microsoft • business • Stuart Scott • chief information officer

Making Money:
Patent Pending

IBM wants to patent an idea about its patents, which is, well, patently contrary

Oct 24, 07 6:43 PM CDT
(Newser) - Big Blue is seeing green in a recent patent filing. IBM, which holds more patents than any company in the world and reaps more than $1 billion in royalties annually, says it wants to make it easier for small companies to license its ideas on a “floating privilege basis.... More »

MORE ABOUT:
technology • IBM • business • patent trolls • patent

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