Business News Now
At the Mead Consulting Group, we provide you with top business and industry news on a daily basis. We do the work for you - compiling the information and news you want. No searching involved - just visit our website for your daily dose of headlines.
Today's headlines that matter to you
Posted: 19 May 2012 | 3:45 am
Launch of the first private spacecraft aimed at docking with the international space station was scrubbed at the last split-second early Saturday, due to a technical problem.
Posted: 18 May 2012 | 9:14 pm
Facebook shares struggled to stay above their $38 IPO price, as Wall Street bankers stepped in to prevent the newly minted stock from ending its first day with an embarrassing loss.
Posted: 18 May 2012 | 8:23 pm
China unleashed a storm of protest criticizing the U.S. decision to impose a 31% antidumping tariff on Chinese solar-panel makers.
Posted: 18 May 2012 | 7:48 pm
Dewey & LeBoeuf is readying a possible bankruptcy-protection filing for sometime in the next several weeks, a move that would initiate official liquidation of the beleaguered New York law firm.
Posted: 18 May 2012 | 6:44 pm
Chesapeake Energy said board members will take a 20% pay cut and no longer have personal use of company aircraft, the latest move by the embattled natural-gas company to placate critics.
Posted: 18 May 2012 | 5:10 pm
Winnebago Industries received a $322 million takeover offer from a private-equity firm that wants to bring foreign car and truck assembly to the recreational vehicles maker.
Posted: 18 May 2012 | 5:01 pm
Lawyers for former Goldman Sachs director Rajat Gupta say he was estranged from convicted hedge-fund mogul Raj Rajaratnam at the time of some alleged tips. Prosecutors say the friendship broke down much later.
Posted: 18 May 2012 | 4:53 pm
J.P. Morgan agreed to hand over $168 million to a bankruptcy trustee representing customers of MF Global.
Posted: 18 May 2012 | 3:48 pm
Microsoft scored a win over Motorola Mobility Holdings on Friday as a judge ruled in favor of the software giant in a closely watched patent dispute over how mobile communication devices operate.
Posted: 18 May 2012 | 2:38 pm
Spain's Repsol is canceling 10 LNG shipments to an Argentine public energy company that it says isn't honoring the supply contract.
Posted: 18 May 2012 | 2:27 pm
Spanish oil company Repsol said an exploratory well in Cuban waters wasn't successful and will be capped.
Posted: 18 May 2012 | 1:02 pm
Tiffany has a chance to shine on Thursday when it reports first-quarter results, but there is a possibility of some tarnish.
Posted: 18 May 2012 | 11:06 am
Megabus plans to expand its network of U.S. intercity coach services by 50%, purchasing assets from a rival to push into Texas and California.
Posted: 18 May 2012 | 9:10 am
High-end fashion label Hugo Boss plans to open about 60 new stores in China's mainland over the next three years, up from 86 now, just as growth in the country's luxury sector seems to be cooling off.
Posted: 18 May 2012 | 8:52 am
Tata Steel's net profit for the fiscal fourth quarter plunged 90% from a year earlier, when a one-time gain boosted its earnings, while sluggish demand for steel in Europe limited the company's sales growth.
Posted: 18 May 2012 | 7:41 am
Tokio Marine's fiscal-year profit plunged 92% while MS&AD Insurance Group and NKSJ Holdings both posted losses, hurt by about $6 billion in payouts related to flooding in Thailand that damaged Japanese manufacturing operations.
Posted: 18 May 2012 | 6:22 am
At least 20 closely held U.S. start-ups backed by venture capital are now valued at $1 billion or more, Pinterest and Evernote among them. During the frothy days of the 1990s dot-com bubble, there were just 18 such start-ups valued at $1 billion or more.
Posted: 18 May 2012 | 5:45 am
London-based jeweler Graff Diamonds plans to raise $1 billion from a Hong Kong initial public offering that starts Monday.
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