NEW YORK-- A Citi analyst on Wednesday assumed coverage of BlackBerry Ltd. with a "Sell" rating, saying that the smartphone maker continues to struggle and is worth more broken into pieces than as a whole company.» Read More
The Justice Department has approved a $52 billion beer merger between Belgian brewer InBev and Anheuser-Busch. But InBev's buzz comes with a slight hiccup: it must sell subsidiary Labatt USA before regulators let the Belgian company buy out St. Louis-based Anheuser-Busch.
As hard times prompt Americans to cut spending, more workers are bringing their lunch to work rather than buying it at a food outlet, or even the company cafeteria.
Credit-card delinquencies are likely to become the next flashpoint in the credit crisis, though the impact on the economy won't be as severe as the housing slump, analysts say
The Venezuelan government has ordered nearly all McDonald's restaurants in the country closed for 48 hours for what it calls irregularities in the fast-food chain's financial books.
Belgian brewer InBev said on Monday that U.S. antitrust regulators have asked it for additional information regarding its planned takeover of Budweiser beer maker Anheuser-Busch.
When Honora Wolfe and her husband moved to the outskirts of Boulder, Colorado, she wanted an environmentally friendly way to commute to her job as a bookshop owner in the city.
Electric bikes range in price from a couple hundred dollars to several thousand. The types that are available vary depending on the country. Some models available in the U.S. and France:
U.S. consumer credit expanded at the fastest rate in seven months in June as Americans turned to their credit cards to keep up spending in the face of rising food and energy costs.
The pitter-patter of little feet and the high-pitched cries of infants may seem louder lately, but it's music to the ears of many companies that cater to infants and children.
A new no-calorie sweetener jointly developed by Coca-Cola and Cargill will go on sale for the first time on Wednesday. The sweetener, named Truvia, is made from the leaves of stevia, an herb grown in South America and Asia.
High gas prices and falling real estate values have Americans hurting, but the current economic downturn is also hitting the wealthy according to a new CNBC/Portfolio.com “Wealth in America” report.
High gasoline prices are making life especially tough for delivery-driven businesses, but the floral gift industry at least is finding a little more cooperation can be part of the solution.
High-end consumers are still shopping, but they are doing so with caution according to some executives from the high-end retail and recreational busines sector.
Two billion dollars was pulled out of UBS's wealth management division in the first quarter. It's difficult to say how much of the loss stemmed from the subprime crisis, but smaller banks in Switzerland have been picking up business from the troubled market leader.
When Rene Obermann took over Deutsche Telekom at the end of 2006 he was tasked with the firm's struggling domestic operations. But his non-domestic challenges have been—and continue to be—plentiful.
Investors are watching Russian beer venture BBH and struggling Anglo-Irish Bank, both of which report earnings Wednesday.
Bankruptcy filings by U.S. consumers jumped 47.7 percent in April from one year ago as families cope with fallout from the subprime mortgage crisis, the American Bankruptcy Institute said Friday.
U.S. rice futures rose to a fresh all-time high on Wednesday on worries about supply shortages which have triggered political unrest and export restrictions designed to protect dwindling domestic stocks.
Investment bank bailouts, home foreclosures and job losses have spread economic gloom through America but in New York, at least, there's one industry still weathering the storm -- high-end weddings.
Procter & Gamble said on Tuesday its board of directors had approved a 14 percent rise in its quarterly dividend to 40 cents per share.