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Broad Reshuffle at HTC
Several senior executives at HTC have left the company in recent weeks, signaling a broader management shake-up at the struggling smartphone maker and putting a spotlight on CEO Peter Chou.
Categories: Business
Wal-Mart Hires Dan Bartlett
Wal-Mart named Dan Bartlett, a former adviser to President George W. Bush, to head its corporate and government affairs. He will succeed Leslie Dach, who led the retail giant's decadelong push to remake its corporate image.
Categories: Business
Phone Firms Sell Customer Data
Big phone companies have started to sell the data they gather about subscribers' locations, travels and Web-browsing habits, providing a powerful tool for marketers but raising new privacy concerns.
Categories: Business
Cooler Weather Hurts Lowe's
Lowe's net profit rose 2.5% as the home-improvement retailer reported slightly lower expenses, but revenue was almost flat and results missed Street estimates.
Categories: Business
Samsung Buys Stake in Local Handset Firm
Samsung is stepping up investments to beef up its mobile business, this time taking a 10% stake in local handset maker Pantech.
Categories: Business
Target's Quarter Lacks Spring
Target posted a 29% drop in quarterly earnings and lowered its outlook, citing weak sales in seasonal and weather-related categories.
Categories: Business
Lower Sales Hit Staples Profit
Staples said quarterly profit fell 9.2% as the office-supplies retailer's North American and European same-store sales continued to weaken.
Categories: Business
Bahamas Casino Looks to Ex-Sands Executives
A team of former Las Vegas Sands executives with experience in Macau has been chosen to manage the gambling operations of a $3.5 billion resort in the Bahamas.
Categories: Business
Britain Must Do More for Economy, I.M.F. Warns
The International Monetary Fund said that recent economic data were “encouraging” but did not point to a sustainable recovery in the near term.
Categories: Business
DealBook: R.B.S. and Lloyds Bank Plan to Bolster Capital
Two of Britain’s largest banks, Royal Bank of Scotland and the Lloyds Banking Group, outlined plans on Wednesday to increase their capital reserves.
Categories: Business
Utility CEOs Slam EU Energy Policy
The chief executives of eight leading energy utilities criticized the European Union's political leaders for the bloc's fragmented energy policy, calling for a more favorable market environment to encourage investment in energy infrastructure.
Categories: Business
CEO of Popular Seeks IOC Presidency
The chairman and CEO of Puerto Rico's Popular declared his candidacy to become president of the International Olympic Committee.
Categories: Business
Microsoft Shows Off Xbox One Console
Microsoft unveiled a reinvented Xbox game console that demonstrated the software giant's most aggressive play yet for control of consumers' living rooms.
Categories: Business
Penguin to Settle in E-Book Dispute
Pearson's book publishing business, Penguin Group, has agreed to pay $75 million to settle a dispute in the U.S. over the way it priced electronic books, drawing to a close an investigation into the publishing industry's e-book pricing tactics.
Categories: Business
Fed Stimulus Still Needed to Help Recovery, Bernanke Says
The Federal Reserve chairman, Ben S. Bernanke, told Congress that a premature tightening of monetary policy “would carry a substantial risk of slowing or ending the economic recovery.”
Categories: Business
On the Road: Seeking Serenity on Business Trip Gone Awry
Carol Margolis considers herself an experienced traveler, but even she was not prepared for what happened on a recent trip from Norway to Colorado.
Categories: Business
Investors Brave Loans That Fly Solo
The market for bonds backed by a single loan on commercial real estate is booming for the first time since the financial crisis.
Categories: Business
Use of RICO Weighed in SAC Case
It is rare for an investment firm to be charged under the Racketeer Influenced and Corrupt Organizations Act, a powerful legal tool used against the Mafia and drug gangs.
Categories: Business
Pfizer to Spin Off Remaining Zoetis Stake
Pfizer plans to shed its majority stake in animal-health company Zoetis, continuing Pfizer's efforts to its hone its focus on drugs and vaccines for humans.
Categories: Business
European Union Leaders Meet on Tax Avoidance
The forum was to focus on entities based in Europe, but it comes after the United States Senate found that Apple had reduced taxes by recording income in Ireland.
Categories: Business










