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Asia stocks down ahead of US Fed chief's speech

August 28, 2012 • BusinessComments Off

A electronic stock price board shows the 7.45 percent nosedive of Samsung Electronics Co. share price, to 1,180,000 won (US$1,039.65 ), at a bank in Seoul, South Korea, Monday, Aug. 27, 2012. Asian markets drifted lower Monday in early trading as Apple’s court victory in a high-stakes patent dispute sent shares of Samsung Electronics and [&hellip...

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Hertz, at long last, buying Dollar Thrifty

August 28, 2012 • BusinessComments Off

FILE – In this May 9, 2011 file photo, customers wait in line at a Hertz rental car counter at San Jose International Airport in San Jose, Calif. More than two years after its original bid, Hertz agreed Sunday, Aug. 26, 2012, to buy Dollar Thrifty...

Apple lists 8 Samsung products it wants banned

August 28, 2012 • BusinessComments Off

EDITORS, PHOTO EDITORS AND PHOTO LIBRARIANS: PLEASE ELIMINATE AP PHOTO CAMS101 OF MONDAY, AUG. 27, 2012. THE SAMSUNG PHONE SHOWN IS NOT AMONG THE DEVICES REQUESTED BY APPLE INC. TO BE BANNED FROM SALE IN THE U.S. – The Apple iPhone 4s, left, is...

HP, Dell: PC makers in desperate need of a reboot

August 28, 2012 • BusinessComments Off

FILE-In this Aug. 16, 2008, file photo, boxes containing Dell computers are stacked on an upper shelf of a Best Buy store in Seekonk, Mass. The PC business is faltering amid shifting technology trends since Apple Inc. shifted the direction of computing with...

On a quiet day, Apple rules the stock market

August 28, 2012 • BusinessComments Off

FILE- In a Wednesday, Aug. 15, 2012, file photo, Trader Frank Cannarozzo, right, works on the floor of the New York Stock Exchange. Trading volume, the number of shares bought and sold each day, is down by a fifth from last year, more evidence that relatively...

Fracking opponents rally; NY gov's decision nears

August 28, 2012 • BusinessComments Off

Emily Wilson of Ithaca wears an angel costume during a demonstration in Albany Monday, Aug. 27, 2012, telling Gov. Andrew Cuomo to ban shale gas drilling using hydraulic fracturing, or “fracking,” in New York state. She was among more than 1,000...

Gas prices rise as refineries shut for Isaac

August 28, 2012 • BusinessComments Off

In this photo taken Monday, July 2, 2012, early morning sunlight illuminates fuel storage tanks at a North Little Rock, Ark., petroleum distributorship. The price of oil fell Monday, Aug. 27, 2012, as the threat to production from Tropical Storm Isaac...

Navistar CEO steps down, interim replacement named

August 28, 2012 • BusinessComments Off

FILE – In this Aug. 9, 2011 file photo, Dan Ustian, chairman, president and CEO of Lisle, Ill.-based Navistar International Corp., speaks with reporters outside the White House in Washington. Navistar on Monday, Aug. 27, 2012, said Ustian informed the...

Apple jurors grappled with complex patent issues

August 27, 2012 • BusinessComments Off

Kevin Johnson, right, and Victoria Maroulis, left, attorneys for Samsung, leave the US Courthouse and Federal building after a jury reached a decision in the Apple Samsung trial on Friday, Aug 24, 2012 in San Jose, Calif. After a year of scorched-earth...

Mohegan Indians seek success in Atlantic City

August 27, 2012 • BusinessComments Off

In this Aug. 23, 2012 photo, a rolling chair operator pushes his chair past Resorts Casino Hotel on the Boardwalk in Atlantic City N.J. The Mohegan Indian tribe is buying a percentage of Resorts and will manage its day-to-day affairs in a deal that could be...