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Archive: (10 Stories)

SAP profits up 23 percent as cloud computing grows

10/21/2013 12:15am
Business management software company SAP AG says net profit rose 23 percent in the third quarter as its cloud computing business grew rapidly and the company kept down costs by holding down hiring of new employees.

Philips winning market share in lighting

10/21/2013 2:40am
The chief executive of Royal Philips NV says his company _ already the world's biggest light maker _ is winning market share in next-generation LED lighting technology.

Study: 15 percent of US youth out of school, work

10/21/2013 4:29am
Almost 6 million young people are neither in school nor working, according to a study released Monday.

Big Hugs Elmo, others make Target's hot toy list

10/21/2013 4:39am
An Elmo that gives out hugs, Barbie's Dream House, and a new striped Furby all made Target Corp.'s list of top toys for the holiday season.

Survey: US economists upbeat on economic growth

10/21/2013 8:23am
Despite uncertainty in Washington and rising oil prices and interest rates, companies are upbeat on the prospects for economic growth in the next year, according to a quarterly survey of business economists.

UK court lifts injunction vs Wall Street Journal

10/21/2013 10:49am
A British court has lifted an injunction preventing the Wall Street Journal from publishing the names of traders who may be implicated in the rate-rigging case involving the London interbank offered rate, or LIBOR.

Tellabs agrees to be sold for $891 million

10/21/2013 10:55am
Communications equipment maker Tellabs has agreed to be acquired by investment firm Marlin Equity Partners for $891 million.

Greenspan mulls roots of crisis he didn't foresee

10/21/2013 1:03pm
For 18 1/2 years as Federal Reserve chairman, he was celebrated for helping drive a robust U.S. economy. Yet in the years after he stepped down in 2006, he was engulfed by accusations that he helped cause the 2008 financial crisis _ the worst since the 1930's.

Kohl's opens on Thanksgiving for holiday shopping

10/21/2013 2:31pm
Kohl's Department Stores says it will open its doors on Thanksgiving for the first time, adding to the growing ranks of retailers trying to get a jump start on the holiday shopping season.

Penney, Martha Stewart scale back partnership

10/21/2013 5:12pm
J.C. Penney Co. is scaling back its partnership with Martha Stewart ahead of a ruling in its long-running fight with Macy's over Martha Stewart products.