Posts Tagged ‘Inc’

AT&T bolsters mobile Internet service with purchase of NextWave Wireless Inc.

Telecommunications company AT&T acquired NextWave Wireless Inc. for $ 600 million in cash. The deal expects AT&T to improve its mobile Internet service. The amount reached $ 600 million because AT&T also took on NextWave’s debt of $ 550 million. Article © AHN – All Rights Reserved Economy, Business And Finance Stories

Apple settles iPad trademark dispute with Chinese firm for $60M

Apple Inc. has agreed to pay Shenzhen-based Proview Technology $ 60 million to settle their iPad trademark dispute, the Higher People’s Court of Guangdong Province announced on Monday. Article © AHN – All Rights Reserved Economy, Business And Finance Stories

No more Google maps on iPhone

iPhone, iPad and iPod Touch devices will no longer have Google Maps as the new operating system for the Apple Inc. products will use the company’s own high-definition, 3-D mapping app. Article © AHN – All Rights Reserved Economy, Business And Finance Stories

Lehman emerges from bankruptcy

Diane Alter – AHN News Reporter New York, NY, United States (AHN) – Lehman Brothers Holding Inc. emerged from bankruptcy Tuesday by beginning to pay creditors as stipulated in a plan set up by the court on Dec. 6. The biggest creditors with a combined $ 138 billion were Citigroup and Bank of Mellon Corp […]

Layoffs looms as Yahoo CEO sets restructuring

Windsor Genova – AHN News News Writer San Francisco, CA, United States (AHN) – Yahoo Inc.’s 14,100 employees are bracing for retrenchment, possibly at the end of the month, amid reports that CEO Scott Thompson will restructure the company to plug losses. Yahoo insiders quoted by reports point to staff from the products department, public […]

Fuji recalls women’s cruiser bicycles over fall hazard

The U.S. Consumer Product Safety Commission, in cooperation with Advanced Sports Inc. of Philadelphia, Wednesday announced a voluntary recall of Fuji Saratoga women’s bicycles. Consumers should stop using recalled products immediately unless otherwise instructed. It is illegal to resell or attempt to resell a recalled consumer product. Article © AHN – All Rights Reserved Economy, […]

Cruise ship survivors seek $528 million from Costa Concordia in U.S. lawsuit

Survivors of the capsized Costa Concordia cruise ship on Tuesday demanded more than half a billion dollars in compensation in a lawsuit against Miami-based Carnival Cruise Lines Inc., and its subsidiary Costa Cruise Line. Article © AHN – All Rights Reserved Economy, Business And Finance Stories

Penny Stock Picks – Speculation, Analysis and What to Avoid

by Jula Carnell Penny Stock Picks – Speculation, Analysis and What to Avoid Article by Affordable Stock Inc You Can Ride the Speculation Wave Penny stocks are exciting. This is the type of activity that will make it easy for you to jump out of bed in the morning. Speculation is one of the key […]

Japanese stocks gain, with yen boosting exporters

LOS ANGELES (MarketWatch) — Japanese stocks advanced early Monday, with exporters mostly higher as the yen weakened against the dollar, and with banks also rising ahead of a key meeting of French and German leaders slated for later in the day. The Nikkei Stock Average added 0.4% to 8,680.63, while the Topix also added 0.4%. […]

Enbridge buys $1.15B Seaway oil pipeline stake

Canadian gas distributor and oil pipeline company Enbridge Inc. says it will pay $1.15 billion US to buy half ownership in the Seaway crude pipeline system between Texas and Oklahoma from U.S. oil giant ConocoPhillips. View full post on Canada Business Stories