Dow Jones Reprints: This copy is for your personal, non-commercial use only. When he bought Italian fashion house Gucci NV a decade ago, French billionaire François Pinault steered his family's lumber and distribution business...
It sure does help though. And the ability to sell stock holdings they have accumulated might sometimes fuel excessive risk-taking, as a new Harvard study suggests. But money is hardly the only thing on Wall Street bosses'...
Loans keep falling as banks tidy up their balance sheets. Loan balances at commercial banks fell at the fastest clip in at least 25 years in the third quarter, the Federal Deposit Insurance Corp. said Tuesday. The lending...
For many consumers, Black Friday, Cyber Monday and the weeks that follow will be a good time to sit on their hands. TIME.com's Holiday Gift Guide 2009 Black Friday—Shop Till You Drop Cash-conscious shoppers are hoping to see a...
By COLIN NG SINGAPORE -- Japan's Nikkei 225 was down 0.2%, Australia's S&P/ASX 200 and New Zealand's NZX-50 gained 0.2% each while South Korea's Kospi Composite was off 0.5%. The Shanghai Composite index closed down 3.5%...
By VANESSA FUHRMANS INGOLSTADT, Germany—For some auto makers, the global recession has spelled bankruptcy or near extinction. While Audi's U.S. sales through October remain down nearly 9%, its share of the American luxury car...
Las Vegas CityCenter, an $8.5 billion hotel, entertainment and shopping destination is due to open in stages starting Dec. 1. Its lack of emphasis on gaming (only Aria has a casino), edgy style and city-within-a-city layout are...
FARMINGDALE, N.Y., Nov. 24 (UPI) -- Lockheed Martin has contracted Telephonics Corp. to deliver special test equipment designed to support U.S. Navy helicopter communications. U.S. company Telephonics says its Communication...
Logitech Professional Mouse MX Getting a mouse to track on a glass surface is the computer peripheral equivalent of cold fusion. By that measure, Logitech has accomplished the equivalent of Nobel Prize-worthy work, unleashing a...
BY KATE LINEBAUGH AND JOSH MITCHELL DETROIT—In the latest safety setback for Toyota Motor Corp., the Japanese automaker has recalled 110,000 Tundra pickups over corrosion issues related to spare tires. The recall closely...