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Archive: (14 Stories)

BMW on course for full-year sales record

12/10/2013 2:37am
Car maker BMW AG says its sales were up 2.7 percent in November compared with a year earlier, putting the company on course for a record year thanks to strong demand in China and the U.S.

Fifth & Pacific selling Lucky Brand for $225M

12/10/2013 6:18am
Fifth & Pacific is selling its Lucky Brand Jeans for $225 million so that it can better focus on its Kate Spade brand.

Wal-Mart promotes Cheesewright to int'l chief

12/10/2013 6:39am
Wal-Mart Stores is promoting David Cheesewright to president and CEO of its international business.

Biographical information on GM CEO Mary Barra

12/10/2013 8:21am
NAME: Mary T. Barra, 51.

News Summary: NKorea zone shows change's limits

12/10/2013 9:03am
ZONE OF CAPITALISM: The Rason Special Economic Zone, some two decades old, is intended to be a petri dish of North Korean capitalism, and leaders plan to expand the experiment all over the country.

Once-frothy Nasdaq tries to reach dot-com peak

12/10/2013 9:11am
It takes a long time to recover from a bad hangover, especially when you party like it's 1999.

Lululemon founder stepping down as chairman

12/10/2013 12:01pm
Lululemon Athletica Inc. is hoping new faces at the top will help it bounce back from a series of embarrassing issues that have hurt its image.

US ban on high-risk bank trades approved

12/10/2013 2:20pm
U.S. regulators have taken a major step toward reining in high-risk trading on Wall Street, banning the largest banks from trading for their own profit in most cases.

H&R Block trims 2Q loss, but revenue slips

12/10/2013 3:06pm
H&R Block Inc. posted a smaller loss in its fiscal second quarter than a year ago, when the tax preparer booked a bigger loss from operations that have since been discontinued.

A look at 23 women CEOS running Fortune 500 firms

12/10/2013 3:35pm
Mary Barra, who General Motors on Tuesday named its next CEO, will be the first woman to run a major automobile maker. She joins just 22 other female CEOs among U.S. companies in the Fortune 500. Here's a look at the exclusive club.

MasterCard to split stock, raise dividend 83 pct

12/10/2013 3:55pm
MasterCard will roll back the price of its stock with its first split as a public company. It also plans to reward shareholders with an 83 percent increase in its dividend and spend up to $3.5 billion buying back its stock.

5 things to know about GM's new CEO Mary Barra

12/10/2013 4:13pm
Mary Barra is very literate in GM corporate speak. But there are times she speaks very plainly.

GE's CareCredit card to refund $34M to customers

12/10/2013 4:18pm
General Electric Co.'s credit card division will refund $34.1 million to consumers who government regulators say were misled about the potential costs of relying on a deferred-interest plan to pay their medical bills.

Property owner sells once-controversial parcel to Grand America

12/10/2013 9:35pm
A property that once pit one of Utah's most prominent businessmen along with Salt Lake City against two local entrepreneurs has been sold. The parcel that houses the Flower Patch floral shop situated near the Grand America Hotel was sold last week.