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Borders gift card holders deserve nothing, judge rules
Reuters* About 17.7 million cards outstanding when chain closed * Tens of millions of dollars of potential claims rejected By Jonathan Stempel May 22 (Reuters) - Borders owes nothing to holders of roughly $210.5 million of gift cards that had not been used by...Tags: Barnes & Noble, Inc., Justice System, Financially Distressed Companies, Crime, Law and Justice, Borders Group Incorporated (MI)
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Electric carmaker Tesla pays off U.S. loan
DETROIT (Reuters) - Electric carmaker Tesla Motors Inc on Wednesday paid off its U.S. Department of Energy loan nine years earlier than required, using money raised last week in a stock and debt offering. The automaker said on Wednesday that it wired...
Tags: Tesla, Elon Musk, Manufacturing and Engineering, Fuel-efficient Vehicles, U.S. Department of Energy
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SeaWorld: Rising sales on higher prices in 1st earnings report
Reporting financial results for the first time as a publicly traded company, SeaWorld Entertainment Inc. said Wednesday that its first-quarter sales jumped 12 percent, powered in large part by higher prices. The Orlando-based theme-park owner also...
Tags: Quarterly or Semiannual Financial Statements, Prices, Earnings, Corporate Officers, SeaWorld
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Glaxo to develop new antibiotics
The Philadelphia InquirerPHILADELPHIA A unit of drugmaker GlaxoSmithKline has a central role in a $200 million public-private project announced Wednesday to develop new antibiotics against biological terrorism and treat drug-resistant infections found in health care settings...Tags: The Philadelphia Inquirer, Diabetes, Medical Research, Research and Development, Science and Technology
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Tribune forms Silicon Valley digital venture, hires Shashi Seth
Underscoring that technology increasingly will drive the success of traditional media outlets, Tribune Co. is planting a flag in Silicon Valley and has hired a former top Yahoo executive to lead the company's digital ventures. Shashi Seth, who has...
Tags: Corporate Officers, Google Inc., Tribune Company, Marketing, Advertising
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Actavis to buy Warner Chilcott in $5 billion stock deal
Reuters(Reuters) - Generic drugmaker Actavis Inc, itself a recent takeover target, said on Monday it would buy specialty pharmaceutical company Warner Chilcott Plc for $5 billion in stock to expand its branded drug portfolio, lower taxes and increase profits....Tags: Corporate Officers, Women's Health, Patents, Copyrights and Trademarks, Valeant Pharmaceuticals International, Mergers, Acquisitions and Takeovers
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As yen tumbles, Japan's gain isn't South Korea's pain
Reuters* Yen down 20 percent vs dollar over past year, won up by a third against yen * Weaker yen won't necessarily undercut South Korea's competitiveness * Currency fluctuations don't immediately translate into market share By Wayne Arnold and Vikram...Tags: Stock Market, Manufacturing and Engineering, Japan, Toyota Motor Corp., Credit Ratings
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United Talent Agency shoots for the stars with new screening room
The numbers on United Talent Agency's new 130,000-square-foot Beverly Hills digs are notable. The Civic Center Drive property includes a 158-piece art collection, 11 conference rooms and a private plaza that can accommodate as many as 500 people....
Tags: Hilton Hotels Corp., Fine Artists, Entertainment, Rentals, Television Industry
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Sony weighs investor's proposal to break up company
ReutersSony Corp. is considering a proposal by California billionaire Daniel Loeb to sell as much as a fifth of the group's money-making entertainment arm -- movies, TV and music -- to free up cash to revive an electronics business battered by competition from...Tags: Prices, Entertainment, Japan, PlayStation, Corporate Officers
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Apple CEO makes no apology for company's tax strategy
ReutersWASHINGTON (Reuters) - Apple Inc Chief Executive Tim Cook made no apology on Tuesday for the iPad maker saving billions of dollars in U.S. taxes through Irish subsidiaries and told lawmakers that his company backs corporate tax reform, even though it...Tags: Google Inc., Computing and Information Technology Industry, Jay Carney, White House, U.S. Congress
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Dimon hangs on to chairman, CEO titles at JPMorgan
ReutersJamie Dimon has withstood a proposal to split his jobs at chairman and chief executive of JPMorgan Chase & Co. At the bank's annual meeting Tuesday, shareholders gave the chairman and CEO a wider vote of confidence than last year at this time. Just 32....Tags: Thomson Corporation, Corporate Officers, Parties and Movements, Finance, Politics
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Royalty raises Elan bid, issues ultimatum to shareholders
ReutersDUBLIN/NEW YORK (Reuters) - Royalty Pharma raised its hostile bid for Elan to $12.50 per share and threatened to withdraw the bid if Elan shareholders approve a series of defensive transactions announced by the Irish drug firm. Royalty Pharma, which buys...Tags: Multiple Sclerosis, Biogen Idec Incorporated, GlaxoSmithKline PLC, Theravance Incorporated, Mergers, Acquisitions and Takeovers
May 22, 2013
|Story| Reuters
May 22, 2013
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May 22, 2013
|Story| Orlando Sentinel
May 22, 2013
|Story| McClatchy-Tribune
May 22, 2013
|Story| Los Angeles Times
May 20, 2013
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May 22, 2013
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May 21, 2013
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May 22, 2013
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May 21, 2013
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May 21, 2013
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May 20, 2013
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