Wall Street Journal
GameStop Profit Rises 12%
GameStop's fiscal third-quarter profit jumped 12%, driven by new-game and used-product sales.
Sony Bets on Online Push
As Sony scrambles to reassert its technological relevance, CEO Howard Stringer is betting on a strategy for the electronics giant that focuses on adding online content to more of its gadgets.
GM Chairman Presses for Quality
GM's chairman is pressing the auto maker's management team to sharpen its focus on boosting quality and customer satisfaction.
GE Refocuses Its Vision
By ceding control of NBC, General Electric Chief Executive Jeffrey Immelt would be refocusing GE on its industrial businesses and distancing himself from former initiatives.
China Mobile Counts On 3G for Its Growth
China Mobile is pinning its hopes on new 3G services such as mobile television and mobile readers to drive growth as it faces increasing competition and falling voice revenue.
Burkle Becomes Barneys Investor
Ronald Burkle has become a significant debtholder of Barneys, giving him a pivotal role in a potential restructuring of the upscale retailer.
Russia Weighs Cross-Border 'Tobin' Tax
Aimed at curbing currency speculation, such a move would follow other commodity-exporting countries like Brazil and Indonesia.
Sears Trims Loss as Overhead Costs Decline
Sears said its quarterly loss narrowed amid higher margins and cost cuts. The retailer also posted same-store sales growth at its Kmart chain.
Business Sours on Health Overhaul
Chances of business supporting the Obama administration's health overhaul are fading fast, after Senate Majority Leader Reid's bill took a liberal turn.
HealthPort IPO Postponed
The delay of the initial public offering of medical-record management company HealthPort, blamed on market conditions, highlights that investors still aren't swallowing every proposed deal.
Oprah Winfrey to End Show in 2011
Oprah Winfrey plans to end her syndicated TV show in September 2011, as she turns her efforts toward a new cable-TV channel she plans to launch with Discovery Communications.
Microsoft: Windows 7 Selling Well
Microsoft's Windows 7 has outsold by two times any previous version of the operating system in the same length of time, CEO Steve Ballmer said.
Dell Trails Peers in Recovery
Dell's profit dropped 54% despite recent signs of a tech recovery, raising questions about the PC maker's strategy of focusing on profitability at the expense of market share.
Alcoa to Idle Two Smelters in Italy, Cut Jobs
Alcoa said Thursday it will temporarily stop production at two aluminum smelters in Italy, cutting about 2,000 direct and indirect jobs, because of concerns about getting future power supply for the smelters at competitive rates following an EU decision.
Infineon Posts Profit on Rising Demand
The German semiconductor maker said it swung to a fiscal fourth-quarter net profit on growing demand for its logic chips.
Mitsubishi Chemical-Rayon Deal Forms Rival
Mitsubishi Chemical will acquire Rayon through a tender offer and stock swap, in a deal that could be worth more than $2 billion.
Blackstone Unit to Buy Birds Eye
Blackstone's Pinnacle Brands agreed to pay $1.3 billion to acquire Birds Eye, the latest sign that private-equity firms are re-entering the deals arena.
Retailers Slash Price on Palm's Pixi
Amazon.com and Wal-Mart Stores have slashed the price of Palm’s newest smart phone, the Pixi, by 75% to $24.99 after only a few days on the market.
Tyson Appoints New Leadership
Tyson Foods promoted Donnie Smith to CEO and Jim Lochner to chief operating officer as the meat processor moves to continue rebounding from demand problems.
Danone Sours on Outlook
Danone has cut its revenue outlook for the next three years as the French dairy company expects the economic slump to lead to a long-term change in consumer behavior.