Research in Motion (RIM) incoming chief executive officer says he is not interested in splitting the company into two separate businesses.
U.S. Senate Majority Leader Harry Reid has announced that the vote on a controversial, and highly unpopular online piracy bill has been delayed indefinitely.
China continues to invest in global infrastructure projects, as it has just announced that the China Investment Corporation, the country’s sovereign wealth fund, has acquired an 8.68% stake in Thames Water, Britain’s largest water and sewerage company.
Carl C. Icahn has raised his stake in WebMD, after the company called off its sale plans
Driven up by one-time gains, Bank of America on Thursday reported a fourth-quarter profit, following a loss a year ago, however the gain was overshadowed by continuing weakness on Wall Street.
The Carlyle Group, the private equity firm that is preparing to go public, is proposing the most shareholder-unfriendly corporate governance structure in modern history.
Goldman Sachs has reported that it earned $978 million in the fourth quarter, significantly below the $2.23 billion it posted in the period a year earlier, as the Wall street firm continued to struggle with poor economic conditions both nationally and internationally.
Citigroup earnings have fallen short of expectations.
Yahoo has announced that Jerry Yang, a co-founder and board member, has stepped down from the board effective immediately.
The desperate search for survivors aboard the sinking cruise ship Costa Concordia was put on hold when the ship ran aground, rolling onto its side, leaving more than six people dead and sixteen missing.
