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New J&J CEO plans realistic, optimistic future

April 26, 2012 • BusinessComments Off

FILE – In this undated photo provided by Johnson & Johnson, Alex Gorsky is shown. Johnson & Johnson’s longtime CEO, Bill Weldon, is retiring in April, following an embarrassing string of product recalls over more than two years that has cost the health care giant hundreds of millions of dollars and consumer trust. The maker [&hellip...

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Maine regulators pave way for US tidal power

April 25, 2012 • BusinessComments Off

FILE – In this June 13, 2011 file photo, the Energy Tide 2, the largest tidal energy turbine ever deployed in the U.S., appears on a barge in Portland, Maine. The Maine Public Utilities Commission, on Tuesday, April 24, 2012, set contract terms and...

Apple trumps expectations, sells 35M iPhones in 2Q

April 25, 2012 • BusinessComments Off

FILE – In this Oct. 14, 2011 file photo, Elliott Johns, of Boston, holds up an iPhone 4S in front of an Apple Store location in Boston. Apple Inc., the world’s most valuable company, on Tuesday, April 24, 2012 trumped skeptics once again by reporting...

Rather's suit against CBS was worth it, he writes

April 25, 2012 • BusinessComments Off

FILE- In this Wednesday, Oct. 5, 2011, file photo, Journalist Dan Rather attends the premiere of “The Ides of March” at the Ziegfeld Theatre in New York. Retired CBS anchorman Dan Rather says his lawsuit against his former network was worth it,...

South Sudan president: Sudan has 'declared war'

April 25, 2012 • BusinessComments Off

South Sudan’s President Salva Kiir, left, stands with Chinese President Hu Jintao, while national anthems are played during a welcoming ceremony at the Great Hall of the People in Beijing, China, Tuesday, April 24, 2012. (AP Photo/Alexander F. Yuan)...

Protesters crash Wells Fargo shareholder meeting

April 25, 2012 • BusinessComments Off

Demonstrators enter through a side door at the site of the Wells Fargo shareholders meeting in San Francisco, Tuesday, April 24, 2012. Police were guarding the entrance to the annual meeting of Wells Fargo shareholders on Tuesday as protesters associated with...

House GOP pulls its budget punches

April 25, 2012 • BusinessComments Off

FILE – In this June 1, 2011 file photo, House Budget Committee chairman Rep. Paul Ryan, R-Wis. is seen outside the White House in Washington. House Republicans follow up their frugal _ but nonbinding _ tea party budget with less stringent cuts. Instead...

Hawaiian Airlines 1Q net income jumps to $7.3M

April 25, 2012 • BusinessComments Off

FILE – In this Feb. 2011 file photo provided by Hawaiian Airlines one of the company’s planes flies above Hawaii. Hawaiian Airlines’ net income for the first three months of the year jumped to $7.3 million compared to less than $1 million...

China official says Proview owns iPad trademark

April 24, 2012 • BusinessComments Off

FILE – In this Feb. 21, 2012 file photo, an Apple Store security worker keeps eyes on customers looking at products at an Apple Store in Beijing. A Chinese court is mediating between Apple Inc. and the Chinese company challenging its right to use the...

Wal-Mart faces big fines amid bribery charges

April 24, 2012 • BusinessComments Off

FILE – In this June 6, 2008 file photo, Eduardo Castro-Wright, then president and CEO of Wal-Mart Stores Inc., United States’ division, speaks during the annual Wal-Mart shareholder’s meeting in Fayetteville, Ark. Allegations that top...