Even as Silicon Valley speaks out against the U.S. government's surveillance methods, technology companies are turning a handsome profit by mining personal data and peering into people's online habits.
The European Commission has fined pharmaceuticals giants Johnson & Johnson and Novartis a...
In a filing Tuesday, Kurt Mix's attorneys argued a prosecutor's questioning of a witness on...
General Motors product development chief Mary Barra has been named the company's new CEO, the first female head of a U.S. car company. Barra, 51, will replace Dan Akerson on Jan. 15. Barra currently holds what many say is the most important job in the company — senior vice president for global product development.
China's auto sales rose 16 percent in November as Japanese automakers extended a rebound in the world's biggest vehicle market, an industry group reported Tuesday. The figures were an unexpectedly strong performance for automakers that are looking to China to drive global sales amid weakness in U.S., Japanese and European markets.
Sysco is buying privately held US Foods for about $3.5 billion in cash and stock. When the deal closes, Sysco expects the addition of US Foods to boost its annual sales by about 46 percent to around $65 billion.
A French businessman who sold tens of thousands of breast implants filled with industrial-grade silicone and prone to leaks was convicted of fraud on Tuesday and sentenced to the maximum four years in prison.
The 51-year-old Cheesewright succeeds Doug McMillon, who last month was named the next president and CEO of the world's biggest retailer. McMillon succeeds Mike Duke.
U.S. military officials insisted a top-secret Pentagon study proved the need to buy Russian helicopters for Afghanistan's security forces. But the study actually recommended an American-made rotorcraft, according to unclassified excerpts obtained by The Associated Press.
Koch Industries, Inc., has announced the completion of its $7.2 billion acquisition of global electronic components company Molex Incorporated (NASDAQ: MOLX). Molex is now an indirect wholly-owned subsidiary of Koch Industries, and will retain its name, headquarters in Lisle, Ill., and current management team as it moves forward.
The companies, which include Google, Facebook and Twitter, said that while they sympathize with national security concerns, recent revelations make it clear that laws should be carefully tailored to balance them against individual rights.
The packaging company WhiteWave Foods is buying the organic food maker Earthbound Farm for about $600 million. Earthbound, best known for its organic packaged salads, is expected to have 2013 sales of more than $500 million. It also produces organic fruits and vegetables, frozen fruits and vegetables and dried fruits and snacks.
The money sought in documents filed Thursday would be in addition to the $930 million in damages that juries decided Samsung owes Apple Inc. after hearing evidence of patent infringement in two separate trials held in a San Jose, California, federal court during the past 15 months. The latest verdict was handed down last month.
One enterprising car buyer just bought a Tesla Model S Performance using the digital Bitcoins, an open-source currency that uses cryptography to secure and anonymize transactions between parties, from the Lamborghini Newport Beach dealership.
Mississippi should seize an opportunity to compete for energy-thirsty economic development, economist David Dismukes suggested Thursday at the Governor's Energy Summit.A Louisiana State University professor, Dismukes was hired by the Mississippi Energy Institute to look at opportunities that might arise from the U.S. boom in natural gas production.
From coast to coast, states are rushing to impress Boeing with lavish incentive packages that offer property, labor deals and billions of dollars in tax breaks. All this in the hopes that the aerospace giant will select them to assemble the new 777X — or at least give them a wing to construct.
Which business technologies will lead the way in 2014? Research firms, journalists, and bloggers are gearing up to share their thoughts on this question and offer their predictions over the few weeks.
Wages in China are steadily rising at an annual rate in the double digits. Tax incentives for foreign manufacturers are expiring, energy costs continue to increase, and the cost associated with shipping are increasing. In short, China is becoming a far less attractive manufacturing option for American companies.
Obama says the plan to use renewables for 20 percent of electricity needs will help reduce pollution that causes global warming, promote American energy independence and boost domestic energy sources such as solar and wind power that provide thousands of jobs.
Venucia is a leader in the latest twist in the world's biggest auto market: Chinese brands created by global automakers with local partners to sell foreign cachet at lower prices. The trend started with government pressure on global automakers to help create Chinese brands. But some are trying to turn that into a commercial advantage.
GM said Thursday that Chevrolet will no longer have a "mainstream presence" in Europe and said the decision was "largely due to a challenging business model and the difficult economic situation" on the continent. GM has continued to lose money in Europe even as its performance elsewhere improves.
Activist investor Carl Icahn is seeking the support of Apple shareholders as he tries to pressure the iPhone maker into spending more of its cash to buy back the company's stock.
BP is leading an industry-wide push to develop technology that can retrieve oil from formations that are so deep under the sea floor, and under such high pressure and temperature, that conventional equipment would melt or be crushed by the conditions.
A federal judge in Michigan ruled that Detroit can cut public pensions as it enters bankruptcy - a decision that could effect the retirement of millions of current and former municipal workers. Anthony Mason talks to the "CBS This Morning" co-hosts about what it could mean for workers across the country.
As Amazon builds its drone delivery service, drone experts say there a few things they'll need to build before a robot can bring you your packages. Laurie Segall reports.
Josh Miller, of Made in the USA: The 30 Day Journey, sits down with the Alliance for American Manufacturing. He discusses what he learned making the film, how to be a better Made in the U.S.A. shopper, and even gave us a glimpse of his next big project.
A survey of chief executives at the largest U.S. companies shows a growing number are optimistic about the economy's prospects for the next six months and expect to boost hiring. The Business Roundtable says its index measuring CEO outlook rose to 84.5 in the October-December quarter. That's up from 79.1 in the July-September quarter.
The U.S. trade deficit fell in October, helped by America's energy boom that lifted overall exports to an all-time high. The trade gap narrowed to $40.6 billion in October, the Commerce Department said Wednesday. That's 5.4 percent lower than the September gap of $43 billion, which was higher than initially estimated.
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