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Telenor reports 4Q loss of India writedown

a shared story    25 minutes ago
OLSO, Norway (AP) -- Norway's Telenor said Wednesday that a court decision in India to cancel all operating licenses of its Uninor subsidiary led to a 1.9 billion kroner ($330 million) fourth-quarter loss.... 



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Statoil earnings surge on higher oil, gas prices

a shared story    25 minutes ago
OSLO, Norway (AP) -- Norwegian oil company Statoil ASA on Wednesday said its profits soared in the fourth quarter on higher oil and gas prices and a one-time gain from the sale of a stake in a gas transportation company.... 



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Wireless crunch faces political 'solutions'

a shared story    1 hour 25 minutes ago
The flipside to the mobile revolution is that we're rapidly approaching a wireless spectrum crunch. As spiraling numbers of consumers watch video, stream music and send pictures on their smart phones, various carriers...  



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Nissan quarterly profit rises despite floods, yen

a shared story    1 hour 25 minutes ago
TOKYO (AP) -- Nissan's quarterly profit rose 3.2 percent on healthier sales that offset production damage from flooding in Thailand and a battering from the strong yen.... 



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Fertility test for men offered at drug stores

a shared story    2 hours 25 minutes ago
Walgreen Co. and CVS Caremark Corp., the biggest U.S. drugstore chains, are betting they can generate sales by answering a question few men want to ask: whether or not they're firing blanks. In April, Walgreen's 7,800 U....  



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Nissan Q3 up on brisk sales, keeps forecasts

a shared story    2 hours 25 minutes ago
YOKOHAMA, Japan (Reuters) - Nissan Motor Co pushed up quarterly operating profit by 3.6 percent as record car sales last year boosted its market share in every major region, and it kept its full-year forecast unchanged at the highest level among Japan's top automakers.  



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Asian shares gain, euro steadies as Greek talks in

a shared story    3 hours 25 minutes ago
TOKYO (Reuters) - Asian shares hit their highest level in more than five months on Wednesday and the euro hovered close to an 8-week high as investors kept hopes alive for an agreement on details of a new Greek bailout package despite further delays.  




House GOP introduces its insider trading bill

a shared story    3 hours 25 minutes ago
WASHINGTON (AP) -- House Republicans have introduced their version of a bill to ban insider trading by thousands of federal officials, and have added provisions to bar lawmakers convicted of a felony from collecting their government pensions.... 




Green economy lost jobs as recession raged

a shared story    4 hours 25 minutes ago
The green economy that California officials hoped would add jobs during the depths of the recent recession actually lost positions instead, according to a new report. And yet, California clean-tech companies still fared... Presented By: Chicago Booth Business Forecast   Ads by Pheedo  



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Disney earnings beat despite shaky economy

a shared story    7 hours 25 minutes ago
(Reuters) - Walt Disney Co's quarterly revenue fell short of Wall Street's expectations after the movie studio put in a poor showing, but profit grew at a faster-than-expected 12 percent clip as media networks and theme parks held strong in an uncertain economy.  




No charges against NYPD boss' son after rape claim

a shared story    8 hours 25 minutes ago
(02-07) 17:25 PST New York (AP) -- Prosecutors say the New York Police Department commissioner's son won't face charges in connection to a rape accusation. Authorities had been investigating a woman's claim television...  




CVS gets restraining order in drug abuse probe

a shared story    8 hours 25 minutes ago
(Reuters) - A federal judge on Tuesday granted CVS Caremark Corp a temporary restraining order allowing it to keep selling controlled prescription drugs at two Florida pharmacies at the center of raids by the U.S. Drug Enforcement Agency.  



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