NEW YORK (CNNMoney) — Microsoft’s sales growth for Xbox and Kinect slowed sharply last quarter, but other sectors like Windows helped the company post earnings that beat analysts’ estimates. Microsoft (MSFT, Fortune 500) pulled in earnings of 60 cents per share on sales of $17.4 billion for its fiscal third ...
The pink dye is natural, but not vegetarian. has landed in hot water with some vegetarians over a decision to use a food coloring made from crushed bugs in products including its Strawberries and Creme Frappuccinos and red velvet whoopee pies.
FRANKFURT: Opel has ruled out plant closures and job cuts in the near term, but there are “no taboos” in the GM unit’s efforts to become more profitable in the future, Chief Executive Karl-Friedrich Stracke told a German newspaper. “We have a clear agreement to secure locations until the end ...
GENEVA: Tatas-owned JLR is exploring to push its Jaguar brand beyond the realms of luxury cars and is actively considering to introduce a crossover vehicle under the marquee in future. Buoyed by the response to the new station wagon Jaguar Sportbrake XF that is distinctly different from the lineage of ...
The Sprinkles cupcake ATM, set to open in Beverly Hills. NEW YORK (CNNMoney) — Get ready for an ATM where your dough comes out freshly baked — with icing on top. Sprinkles, a gourmet cupcake chain with 10 locations nationally, is set to open its first 24-hour cupcake vending machine ...
Andrzej Grygiel/Agence France-Presse — Getty Images Rescuers worked at the scene where two trains crashed in Szczekociny, Poland, killing several people on Saturday. WARSAW — Two trains collided head-on in southern Poland late Saturday, killing at least fifteen people and injuring about 50 in what appeared to be one of ...
First Solar is based in Arizona. NEW YORK (CNNMoney) — Shares of solar power company First Solar dropped in after-hours trading Tuesday following disappointing quarterly results. The Arizona-based company, a leading maker of thin-film solar panels and a developer of solar power projects, posted net sales of $660 million and ...
Rovio’s Angry Birds Space trailer teases the game’s launch next month. NEW YORK (CNNMoney) — Move over, Jupiter: Angry Birds is hitting the galaxy. Rovio, the company behind the wildly popular gaming franchise, said Friday that its next installment will be Angry Birds Space.
Eastman Kodak’s corporate headqaurters in Rochester, N.Y. The company that invented home photography has tossed in the towel on it. Eastman Kodak, the bankrupt inventor of the hand-held camera, plans to stop making digital cameras, pocket video cameras and digital picture frames in the first half of 2012 in a ...
The Happiest Place on Earth – now with more facial hair! NEW YORK (CNNMoney) — Mickey Mouse can finally grow that goatee he’s always wanted. Until now, Disney (DIS, Fortune 500) parks and resort employees had been prohibited from growing beards and goatees.
The drug maker Pfizer said Wednesday that it was recalling packets of birth control pills because some had been packaged incorrectly, potentially causing women to take an inadequate dose and possibly become pregnant. The recall involves about a million packets, although only about 30 may actually have been affected, the ...
Social media used: Twitter, LinkedIn, Facebook, YouTube, Flickr, MySpace, RenRen, TripAdvisor, internal and external blog The longtime face of Marriott International, Bill Marriott, has operated a blog since 2007, and the company uses mainstream social media such as Facebook and Twitter extensively — Marriott says it leads the hospitality industry ...
PARIS — The founder of a French company that made hundreds of thousands of breast implants from industrial-grade silicon, causing anxiety among women around the world, was arrested early on Thursday in southern France, the authorities said. Jean-Claude Mas was arrested in a dawn raid on the home of his ...
NEW YORK (CNNMoney) — Eastman Kodak, the once mighty icon of the photography industry, filed for Chapter 11 bankruptcy protection Thursday. Kodak said it has obtained $950 million in financing from Citibank to maintain operations. The company said the credit facility is still subject to court approval. Kodak said it ...
Click here for more info on Tesla shares. NEW YORK (CNNMoney) — Shares of electric car maker Tesla Motors fell nearly 20% Friday after the company announced the departure of a top executive. Ricardo Reyes, Tesla’s vice president of communications, said in a statement Friday that Peter Rawlinson, Tesla’s vice ...
A shopper enters The Home Depot store in Campbell, Calif. Home improvement retailer Home Depot said Thursday it has started to hire 70,000 seasonal workers for the spring, the company’s busiest selling and hiring season. Spring is the busiest season for all home improvement retailers as home owners work on ...
His salary was $900,017. His 401(K) grew by $14,700. To get the rest he has to stick around Was Tim Cook really the highest-paid CEO of 2011, as the Associated Press and others suggest? Only if you believe a bird in the bush is worth as much as a bird in ...
