AIG OKs Pay Package for CEO Benmosche
AIG CEO Robert Benmosche will receive an annual salary of $3 million in cash and $4 million in AIG stock.
12:28AM 11/25/09
Medtronic Tops Estimates, Ups Guidance
The world's biggest maker of medical devices reported fiscal second-quarter earnings and revenue that topped analysts' forecasts.
07:47AM 11/24/09
Citigroup Sells Diners Club Franchise
Citigroup reached an agreement to sell its Diners Club North American franchise to BMO Financial.
06:52AM 11/24/09
E.U. Drops Qualcomm Antitrust Probe
The European Commission closed a two-year investigation against Qualcomm after companies that complained dropped their charges.
04:41AM 11/24/09
Playboy to Outsource Business Operations
Playboy has agreed to outsource most of the business operations of Playboy magazine to American Media, a report says.
12:41AM 11/24/09
Icahn Outbids Penn for Fontainebleau
Carl Icahn has offered a total of $156.5 million to buy the unfinished Fontainebleau Las Vegas resort, outbidding Penn National Gaming, which reportedly has dropped out of the auction.
12:10AM 11/24/09
Ciena Wins Bidding for Nortel Assets
Ciena said Monday it won the bidding for the optical networking and carrier ethernet assets of Nortel, beating out a rival bid from Nokia Siemens Networks.
07:37AM 11/23/09
JPMorgan Hires New CEO for China
JPMorgan Chase has named lawyer named Zili Shao as the new CEO of its China operation.
06:42AM 11/23/09
Microsoft, News Corp. Take Aim at Google
Microsoft has held talks with News Corp. in which News Corp. would be paid to "de-index " its Web sites from Google, a report says.
01:22AM 11/23/09
Sands China Raises $2.5 Billion in IPO
The Macau unit of Las Vegas Sands sold 1.87 billion shares at HK$10.38 each ($1.34), the low end of the initial public offering's indicative range, a report says.
12:56AM 11/23/09


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