Gap profit soars; Aeropostale first quarter sales plummet
(Reuters) - Gap Inc reported a higher first-quarter profit on Thursday, helped by a rise in same-store sales at its Old Navy and na...
Read More »Business News
Subscribe to the Business News feed.-
-
Sprint, SoftBank complete U.S. state regulatory review process
NEW YORK (Reuters) - Sprint Nextel and SoftBank Corp said on Thursday they had received all necessary state regulatory approvals f...
Read More » -
Former Goldman banker settles SEC 'pay-to-play' charges
By Lisa Lambert and Jonathan Stempel WASHINGTON/CHICAGO (Reuters) - A former Goldman Sachs Group Inc. investment banker has agreed t...
Read More » -
Icahn seeks up to $7 billion for Dell bid
By Michelle Sierra NEW YORK (Reuters) - Activist investor Carl Icahn and Southeastern Asset Management Inc have initiated talks with...
Read More » -
SAC lawyers met prosecutors to argue against charges
By Emily Flitter and Matthew Goldstein NEW YORK (Reuters) - Steven A. Cohen's lawyers made their best case argument a month ago to f...
Read More » -
Pentagon sees slight drop in F-35 acquisition costs: sources
WASHINGTON (Reuters) - The Pentagon's annual report to Congress shows a decline of $4.5 billion, or just over 1 percent, in the proj...
Read More » -
Who repaid U.S. loan first? Chrysler, Tesla don't see eye to eye
By Deepa Seetharaman DETROIT (Reuters) - Chrysler Group LLC and Tesla Motors Inc , both led by media-savvy executives, are trading p...
Read More » -
Goldman unveils checks on conflicts in bid to fix image
By Lauren Tara LaCapra SALT LAKE City (Reuters) - After dozens of meetings with executives and regulators, 100,000 hours of employee...
Read More » -
U.S. prosecutors sought testimony from top SAC executives: WSJ
NEW YORK (Reuters) - U.S. prosecutors are seeking testimony from three senior executives of the $15 billion hedge fund SAC Capital A...
Read More » -
JPMorgan names Barry Sommers to head consumer bank
(Reuters) - JPMorgan Chase said it has appointed Barry Sommers, under whom the bank expanded its services to wealthy clients, to he...
Read More »