News tagged with unprofitable business
Panasonic slumps to $4 billion yearly loss
May 15, 2009 |
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(AP) -- Panasonic Corp. slumped deep into the red last fiscal year, joining the expanding club of big Japanese brands shellshocked by their rapid descent from cash cow to money loser.
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CEOs reap financial benefits from mergers regardless of stock performance
Jun 18, 2007 |
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Following an acquisition of another company, chief executive officers' compensation levels usually increase, even when the purchase turns out to be unprofitable, according to researchers at the University of Washington and ...
Novels join online library of documents at Scribd
Mar 18, 2009 |
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(AP) -- Scribd Inc. is opening a new chapter by adding hundreds of books to its rapidly growing Web site for sharing documents.
Motorola's shares surge with unexpected profit (Update)
Oct 29, 2009 |
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(AP) -- The turnaround effort long sought at Motorola Inc. finally could be on track.
Google, music labels launch China download service
Mar 30, 2009 |
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(AP) -- Google Inc. and major music companies launched a free Internet music download service for China on Monday in a bid to help turn a field dominated by pirates into a profitable, legitimate business.
FTC explores future of journalism in Internet age
Dec 01, 2009 |
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(AP) -- The federal government is wading into deliberations over the future of journalism.
Lenovo buying back mobile phone business
Nov 27, 2009 |
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(AP) -- Personal computer maker Lenovo Group said Friday it is joining the race to develop products that link phones and PCs by buying back a mobile phone business that it sold last year.
GE to sell security unit to United Technologies
Nov 12, 2009 |
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US conglomerate General Electric on Thursday announced it would sell its security unit to United Technologies Corp. for 1.82 billion dollars.
Geeks double as scourges and sages at media summit
Jul 05, 2009 |
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(AP) -- The media moguls attending an annual powwow staged by investment bank Allen & Co. used to be able to rest comfortably in the Idaho mountains as they mulled their next moves.
IBM sees better profits for 2009 (Update)
Jul 16, 2009 |
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(AP) -- IBM Corp. has proved a rare animal in the recession. Like everyone else, its sales have been hurt. Profit margins, though, have only gotten better and better, and on Thursday IBM ramped up its full-year earnings ...
Redbox's machines take on Netflix's red envelopes
Jun 20, 2009 |
5 / 5 (1) |
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(AP) -- With more subscribers than ever flocking to its DVD-by-mail service, Netflix Inc. is one of the few companies to prosper during the worst U.S. recession in 70 years. Yet Netflix CEO Reed Hastings still has something ...
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