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Yahoo CEO starts reign with encouraging 3Q report

October 23, 2012 • BusinessComments Off

This Wednesday, Oct. 17, 2012, photo, shows a sign in front of Yahoo! headquarters in Sunnyvale, Calif., Wednesday, Oct. 17, 2012. Yahoo has ushered in Marissa Mayer as its new CEO with a third-quarter earnings report that topped analyst estimates. The results announced Monday Oct. 22, 2012, show Yahoo’s net revenue barely grew at a [&hellip...

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Caterpillar sees weak economy as it cuts outlook

October 23, 2012 • BusinessComments Off

FILE – In this Wednesday, June 20, 2012, file photo a caterpillar machine is used at the Clinton Landfill in Clinton, Ill. Caterpillar cut its profit and revenue guidance on Monday, Oct. 22, 2012, saying the world’s economic conditions “are weaker...

Russia’s Rosneft buys out TNK-BP

October 23, 2012 • BusinessComments Off

FILE – In this Oct. 18, 2012 file photo, a plaque of Rosneft is seen outside its headquarters in Moscow, Russia. British oil company BP says it has agreed to sell its stake in its TNK-BP joint venture to Russian oil company Rosneft for US$17.1 billion...

Without buyer, Dominion to close Wis. power plant

October 23, 2012 • BusinessComments Off

This undated photo provided by Dominion Resources Inc. shows the 56-megawatt Kewaunee Power Station in Carlton, Wis. Dominion Resources Inc. announced Monday, Oct. 22, 2012, that it plans to close and decommission Kewaunee Power Station in the second quarter...

Private equity firm to buy Ancestry.com for $1.6B

October 23, 2012 • BusinessComments Off

This undated image provided by Ancestry.com shows a family tree made on the genealogy website Ancestry.com which agreed to be acquired by a group led by European private equity firm Permira Funds in a cash deal valued at about $1.6 billion on Monday, Oct ....

Kymera Independent Physicians adds Dr. Zain Abideen to staff

October 22, 2012 • Local Business ReviewComments Off

Zain Abideen, M.D. Dr. Zain Abideen recently joined Kymera Independent Physicians. Dr. Abideen specializes in Rheumatology and completed his fellowship at Mount Sinai School of Medicine, New York. Dr. Abideen lives in Roswell with his family and he is now...

San Diego media baron promotes conservative causes

October 22, 2012 • BusinessComments Off

In this photo taken Oct. 10, 2012, John Lynch, CEO of the U-T San Diego newspaper, reads mail in his office in San Diego. Lynch and his partner Douglas Manchester gave their 143-year-old newspaper a new slogan — “The World’s Greatest Country...

China’s new leaders face tough economic choices

October 22, 2012 • BusinessComments Off

FILE – In this Aug. 30, 2012 file photo, Chinese Vice Premier Li Keqiang meets with German Chancellor Angela Merkel in Beijing. China’s economic model that delivered three decades of double-digit growth is running out of steam and the...

Lawsuit shows A&F CEO’s finicky travel habits

October 22, 2012 • BusinessComments Off

FILE – In this Tuesday, Jan. 13, 2009, file photo, Michael S. Jeffries, chairman and CEO of Abercrombie & Fitch, speaks at the annual National Retail Federation conference in New York. When it comes to flying, it seems that Abercrombie & Fitch...

Crisis, separatism dominate Spanish elections

October 22, 2012 • BusinessComments Off

Laura Mintegi, center, leader of Euskal Herria Bildu, the new pro independence Basque Party, celebrates with supporters in Bilbao, northern Spain, Sunday Oct. 21, 2012. Almost 4.5 million people went to the polls Sunday in regional elections in Spain’s...