December 1, 2006, 11:52AM EST
A Hanoi court sentenced a South Korean businessman to 16 years in prison for setting up an illegal phone business that caused more than $1 million in losses to the state, state media reported Friday.
December 1, 2006, 11:51AM EST
Sonoco-Alcore S.a.r.l.., a Europe-based subsidiary of packaging maker Sonoco Products Inc., announced Friday a general price increase on all coreboard grades due to higher costs for energy, chemicals and transportation.
December 1, 2006, 11:38AM EST
Longview Fibre Co., a real estate investment trust, said its board declared a a regular quarterly dividend of 23 cents per share.
December 1, 2006, 11:35AM EST
Shuffle Master Inc., a gaming supply company, said it closed on a $100 million revolving credit facility, jointly arranged by Deutsche Bank Securities and Wells Fargo.
December 1, 2006, 11:31AM EST
Shareholders of Banca Intesa SpA approved a euro29.6 billion (US$37.78 billion) merger with Sanpaolo IMI on Friday to create Italy's largest bank, an important step in the long-awaited process of consolidating the nation's fragmented banking sector.
December 1, 2006, 11:16AM EST
Rolls-Royce PLC, the world's second-largest aircraft engine maker, said Friday it is considering options for potential new facilities worldwide and issued a request for qualifications to eight U.S. states.
December 1, 2006, 11:15AM EST
Safety violations including use of an open-flame torch near a leaky methane seal sparked a deadly underground explosion at an eastern Kentucky mine in May, authorities said Friday.
December 1, 2006, 11:14AM EST
EU governments and lawmakers have agreed on new legislation to control the use of chemicals in industry after years of haggling over how to balance health and environmental concerns against fears that excessive red tape would stifle business.
December 1, 2006, 11:14AM EST
Brookdale Senior Living Inc. said Friday it completed its $148.6 million acquisition of 30 communities leased and operated by Brookdale and owned by Nationwide Health Properties Inc.
December 1, 2006, 11:09AM EST
Sinclair Broadcast Group has delayed plans to shut off cable service to 22 television stations carried in 12 states by Mediacom Communication Corp., company officials said Thursday evening.
December 1, 2006, 10:57AM EST
Daktronics Inc. said Friday it will purchase a Redwood Falls, Minn. building owned by Emerson Electric Co. to manufacture its line of Galaxy electronic message centers, primarily for commercial customers.
December 1, 2006, 10:46AM EST
Lawyers involved in the fight over philanthropist Brooke Astor's $120 million estate have asked the court for hundreds of thousands of dollars in fees and expenses from the socialite's assets.
December 1, 2006, 10:45AM EST
Communications chip maker NeoMagic Corp. said Friday it will offer 2.5 million shares for $4.58 per share, or about $11.5 million.
December 1, 2006, 10:43AM EST
UnitedHealth Group Inc., the second largest U.S. health insurer, on Friday said President and Chief Operating Officer Stephen J. Hemsley assumed the role of chief executive, effective immediately.
December 1, 2006, 10:42AM EST
Audi of America Inc. on Friday said its November U.S. auto sales rose on strong demand for its A4 sports sedan and Q7 sport-utility vehicle.
December 1, 2006, 10:41AM EST
Dade Behring Holdings Inc., which makes health care diagnostics products, said Friday it has named Donal Quinn to the newly created position of chief operating officer.
December 1, 2006, 10:32AM EST
Reckson Associates Realty Corp., the New York real estate company that is the target of a takeover battle, asked a group led by billionaire investor activist Carl Icahn and Macklowe Properties to provide definitive financial information on its offer.
December 1, 2006, 10:28AM EST
Iridex Corp. has agreed to buy the laser aesthetics business of Laserscope, a provider of medical laser systems, from American Medical Systems Holdings Inc.
December 1, 2006, 10:27AM EST
SkillSoft PLC, an online education and training software maker, said Friday the Federal Trade Commission antitrust waiting period for its acquisition of NETg ended early.
December 1, 2006, 10:27AM EST
Shares of Nasdaq Stock Market Inc. fell in morning trading Friday after a Prudential Equity analyst downgraded the electronic exchange, saying the company faces competition from smaller exchanges and is losing market share.
Custom Configured Business Hosting Solutions
Rackspace offers fully managed dedicated servers on the Linux and Windows Platorm with a 100% Network Uptime Guarantee and 24/7 Fanatical Support. Learn more about our Hosting Solutions and how Rackspace can reduce your costs.
The latest breaking business, global, and technology news from the Associated Press
