Companies and Corporations

JPMorgan's Jamie Dimon facing push to drop chairman title

2013-05-17 17:51:00

NEW YORK — A major shareholder vote next week has Wall Street abuzz over the power and future of Jamie Dimon, leader of the country's biggest bank. As chairman and chief executive of JPMorgan Chase & Co., Dimon burnished his reputation by steering...

Enron's Jeff Skilling doesn't deserve a break

2013-05-17 19:20:00

As if you didn't know this already, we're coddling criminals in America. By that I don't mean the petty drug dealers, three-strikes necklace-snatchers and other mooks filling up our state prisons; many of them are doing hard time. I'm talking about...

Tesoro is cleared to buy BP's Carson refinery, Arco stations

2013-05-17 18:30:00

Tesoro Corp. won federal and state clearance for its purchase of BP's Carson refinery, Arco stations and other assets for $2.4 billion, an acquisition that would further concentrate the state's fuel-making capacity into only two players — Tesoro and...

Wal-Mart reports weak 1st-quarter sales, blames weather, tax issues

2013-05-16 08:49:00

Wal-Mart Stores Inc. reported slight upticks in revenue and profit in its first quarter, but the retail behemoth still missed Wall Street’s expectations and watched its stock suffer in morning trading. The Bentonville, Ark., mega-chain blamed...

Dell's earnings fall 79% as PC sales sag

2013-05-16 15:12:58

ROUND ROCK, Texas — Dell Inc.'s earnings plunged 79% in the latest quarter as the shift to smartphones and tablets reduced demand for the company's personal computers. The dismal performance announced Thursday might work to the advantage of Dell'...

Wal-Mart, Gap skirt the issue

2013-05-17 00:00:00

If the horrific garment factory collapse last month in Bangladesh has any silver lining, it is the response from more than 30 of the world's leading apparel companies — including Benetton, PVH, Abercrombie & Fitch, H&M, Inditex (Zara), Marks &...

MGM posts strong first quarter results on "Skyfall," "Hobbit"

2013-05-16 16:29:00

Buoyed by the billion-dollar box-office blockbusters “Skyfall” and “The Hobbit: �An Unexpected Journey,” MGM Holdings Inc., the parent of Metro-Goldwyn-Mayer Inc., posted first-quarter net income of $57.4 million. That was more...

Fiat weighs shifting its HQ to the U.S.

2013-05-17 00:00:00

Fiat, the century-old Italian automaker, appears poised to move its headquarters to the U.S. after its planned merger with Chrysler Group. The move would be unprecedented in the automotive industry, experts said, because of Fiat's deep roots. "To...

Hundreds oppose China refinery project in mostly peaceful protests

2013-05-16 10:24:00

BEIJING -- Surrounded and pushed back by police, hundreds of people shouted and marched again in the southern China city of Kunming to protest the construction of a petrochemical plant. It was the second time this month that demonstrators gathered in...

Warner Bros.' Tsujihara begins changes; six executives promoted

2013-05-15 11:57:00

Warner Bros. Chief Executive Kevin Tsujihara has begun building his own team at the Burbank entertainment company, distributing power among a handful of key executives who have long toiled in the trenches. On Wednesday, Tsujihara announced a new...

Larry Page speaks at Google I/O, day after revealing voice ailment

2013-05-15 13:49:00

Just a day after taking to Google+ to reveal a vocal-cord ailment that has kept him out of the public eye, Google CEO Larry Page took to the stage at the Google I/O conference Wednesday and spoke for nearly an hour. Appearing before independent...

Macy's profit rises on solid sales

2013-05-15 14:41:51

Macy's Inc. reported a 20% increase in first-quarter profit even though cool temperatures and economic worries damped some shoppers' spending on spring clothes. The company, which also operates the upscale Bloomingdale's chain, is also raising its...

, FL 32801 Contact: 407-481-9100 The lowdown: Eola Wine Company, a cute little vino vendor that's part bar and part wine shop. The wine list changes every 10 to 14 days, but there are always interesting sips to sample with a good mix of wines from various countries.

2013-05-16 00:00:00

Google Inc. is under fire from a coalition of companies led by Microsoft Corp. which have called on European antitrust authorities to launch an investigation into the Internet giant's dominance on smartphones.

2013-04-09 08:45:19

Kevin Donnelly has been named chief executive of Chicago-based health information technology company EMRapproved. Donnelly takes over from former CEO David Gorter, who will stay on as the company�s president and chairman of the board.

2013-01-28 09:46:00