ATLANTA-- Internet service provider EarthLink is buying cloud computing and hosted IT services provider CenterBeam Inc. for $22 million. EarthLink was one of the best-known Internet service providers, but has struggled with intense competition from higher-speed providers like cable companies.
Four key Amazon.com Inc executives- Doug Herrington, Peter Ham, Mick Mountz and Mark Mastandrea- are former Webvan officials who have spent years analyzing and fixing the problems that led to the start-up's demise.
The storm came and went in the Washington, D.C., area ahead of the evening rush hour, bringing winds and thunder that knocked trees onto houses, cut power to thousands of homes and traffic signals and led to the brief closure of a bridge that connects to the beaches on Maryland's Eastern shore.
NEW YORK-- The president of Delta Air Lines Inc. said Thursday that the company expects strong second-quarter financial results on stable travel demand and slightly lower jet fuel prices than last spring. Delta shares rose 64 cents, or 3.5 percent, to close at $18.71. Bastian spoke at a Deutsche Bank investor conference.
HD Supply Holdings is the parent company of HD Supply Inc. It was formed in 2007 after a group of investors bought Home Depot Inc.' s former wholesale distribution business for $8.28 billion in cash and a 12.5 percent stake in the new company.
The latest advice was triggered by the results of a study done in Thailand that showed the AIDS drug tenofovir protected many drug users. Jonathan Mermin, director of AIDS prevention for the Centers for Disease Control and Prevention. The research by the CDC and the Thailand government was published online Wednesday by the journal Lancet.
Attorney Paul Fishman said the conspiring hackers gained unauthorized access to computer networks, diverted customer funds to bank accounts and pre-paid debit cards and used "cashers" to make ATM withdrawals and fraudulent purchases in Georgia, Illinois, Massachusetts, New York and elsewhere.
ATLANTA-- Oxford Industries Inc. on Tuesday reported a 24 percent drop in its first-quarter net income as weaker sales of some of its less-popular brands, along with higher expenses and tax rates, weighed on the clothing maker. Oxford said after the market closed that it earned $13.6 million, or 82 cents per share, for the quarter.
NEW YORK-- Shares of Coca-Cola Enterprises Inc. fell Tuesday after the independent bottler warned that economic factors that have "dampened" its fiscal second-quarter expectations.
DALLAS-- Southwest Airlines Co. is running a three-day sale on fall travel, and other airlines are starting to match the lower prices. Southwest and its AirTran subsidiary launched the sale Tuesday, with round-trip prices ranging from $98 to $298 based on distance.
MEMPHIS, Tenn.-- Georgia-Pacific LLC has received a request from the Federal Trade Commission and the antitrust division of the Justice Department for more information and documents related to its acquisition of Buckeye Technologies Inc.. Georgia-Pacific is a privately held Atlanta- based paper, packaging and building products company.
NEW YORK-- Home Depot executives said the company expects a "moderate" housing recovery in the U.S. and remains focused on improving its supply chain and its Web offerings, according to analysts who attended a breakfast meeting with the company.
June 10- When Nationstar Mortgage Holdings Inc tried to buy the rights to collect payments on $122 billion of mortgage loans earlier this year, housing finance giants Fannie Mae and Freddie Mac were not happy. Fannie and Freddie shared their concerns with Nationstar and the seller of the mortgages, lender Ally Financial, the sources said.
"A lot of travelers are realizing they can't just price-shop anymore," says Annie Wang, senior travel strategy analyst for the website TravelNerd.com. "You have to do the math," says Seth Kaplan, publisher of the industry publication Airline Weekly. " Earlier this month, Frontier Airlines became the third carrier to charge certain passengers for carry-on bags.
*China second to U.S. in 2012 luxury retail growth. *Top brands expanding across the United States. Ephraim is the kind of man who gives luxury goods makers high hopes that the U.S. market can fuel future growth, as China runs out of steam and demand in Europe sags.
May 22- Delta Air Lines is letting a wave of orders for the newest planes on the market roll by, giving the jets time to prove themselves before buying, its chief executive told Reuters on Wednesday.
May 22- U.S. carrier Delta Air Lines will watch the wave of orders for the latest Airbus and Boeing planes roll on by and wait for the jets to prove themselves before ordering any, its chief executive told Reuters on Wednesday.
*Consumer price index slips 0.4 percent, biggest drop since December 2008. NEW YORK, May 16- U.S.
NEW YORK, May 16- U.S. Initial claims for state unemployment benefits jumped by 32,000 to a seasonally adjusted 360,000, the Labor Department said on Thursday- the biggest jump since November.
DuckDuckGo CEO Gabriel Weinberg says web traffic on his search engine, billed as an alternative to Google that doesn't store your private information, surged 33 percent after the NSA news broke. Weinberg discusses the model of his search engine, and how the company makes money.
Wednesday, 19 Jun 2013 | 6:31 AM ETJohn Silvia, Wells Fargo Securities, and Barbara Marcin, Gabelli Dividend Income Fund, discuss whether investors should reconsider allocating their portfolios as the Fed wraps up its two-day policy meeting.
Wednesday, 19 Jun 2013 | 8:53 AM ETKen Langone, Invemed Associates chairman and president, called Fed Chairman Ben Bernanke a "lame duck."