The real headache for many travelers is a quickly-growing list of hotel surcharges, even for items they never use.» Read More
NEW YORK— Two weeks after rejecting a takeover bid out of Brazil, Chiquita says it's identified still more cost savings in a proposed tie-up with the Irish fruit company Fyffes. Chiquita and Fyffes on Monday said that the new entity that they would form, the biggest banana company in the world, will generate $60 million in annual pre-tax savings.
NEW YORK— Time Warner Cable says a problem that occurred during routine maintenance caused a nationwide outage of its Internet service for hours on Wednesday morning. Time Warner Cable, which is in the process of being bought by rival Comcast Corp. for $45 billion, has about 11.4 million high-speed data subscribers in 29 states nationwide.
Aug 27- Upscale jeweler Tiffany& Co raised its full-year profit forecast for a second time following a better-than-expected quarterly profit, driven by strong sales in the Americas and Asia-Pacific regions. Same-store sales in the Asia Pacific region grew 7 percent, driven by strong demand in Greater China and Australia.
NEW YORK— Tiffany& Co. on Wednesday reported earnings of $124.1 million in its fiscal second quarter. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of 86 cents per share. Analysts expected $989.6 million, according to Zacks.
NEW YORK— The makes of the "Grand Theft Auto" video games say Lindsay Lohan sued to get attention when she asserted the games' latest installment features a character based on her.
PARIS— Christine Lagarde, the chief of the International Monetary Fund, was placed under official investigation for negligence in a French corruption probe that dates back to her days as France's finance minister.
MESA, Ariz.— Inside a nondescript garage-like workshop nestled between restaurants, a flower shop and jewelry stores along Main Street, ideas are taking shape. "It's all about sharing what we know with one another," said Mitch Altman, 57, founder of a similar setup in San Francisco called Noisebridge.
WASHINGTON— Burger King plans to become is the latest U.S. company to shift its legal address out of the country by merging with a foreign company. Burger King has announced plans to buy Tim Hortons, the Canadian coffee-and-doughnut chain.
Speakers:- Polish National Bank Governor Marek Belka, Bank of Finland Governor Erkki Liikanen and ECB Governing Council member Ewald Nowotny. ATHENS- French Former Finance Minister Pierre Moscovici is expected to meet Greek Prime Minister Antonis Samaras, Deputy Prime Minister Evangelos Venizelos and Finance Minister Gikas Hardouvelis.
The bondholders would participate in a $600 million rights offering, while JPMorgan Chase& Co would supply a $1.3 billion loan.
District Judge Thomas Griesa in the federal court in Manhattan, in a ruling made public Tuesday, dismissed Arrow Productions Ltd's $10 million lawsuit against the producers of the film, starring Amanda Seyfried, and its distributor, The Weinstein Company.
NEW YORK— A Manhattan judge has found a lot of differences between the porn classic "Deep Throat" and last year's Hollywood- produced biography of the world's first major porn star.
District Judge Thomas Griesa in Manhattan, in a ruling made public Tuesday, dismissed Arrow Productions Ltd's $10 million lawsuit against the producers of the film, starring Amanda Seyfried, and its distributor, The Weinstein Company.
Baxter International Inc. rose$. 13 or. 2 percent, to $75.53. Bristol-Myers Squibb Co. rose$. 04 or. 1 percent, to $50.77. Hospira fell$. 56 or 1.0 percent, to $54.04.
Ford Motor Co. fell$. 04 or. 2 percent, to $17.19. General Motors Co. rose$. 18 or. 5 percent, to $34.85. Honda Motor Co. fell$. 22 or. 6 percent, to $34.28.
American Express Co. fell$. 44 or. 5 percent, to $89.15. Capital One Financial Corp. fell$. 26 or. 3 percent, to $81.80. Discover Financial Services fell$. 06 or. 1 percent, to $62.60.
Comcast Corp. fell$. 09 or. 2 percent, to $54.56. Walt Disney Co. fell$. 36 or. 4 percent, to $90.02. Gannett rose$. 09 or. 3 percent, to $34.08.
Apple Inc s fell$. 65 or. 6 percent, to $100.89. Hewlett Packard Co. rose$. 68 or 1.8 percent, to $37.83. International Business Machines Corp. rose $1.83 or 1.0 percent, to $192.99.
NEW YORK— Shares of some top telecom companies were mixed at the close of trading:. AT&T Inc. fell$. 01 or percent, to $34.50. Verizon Communications Inc. rose$. 10 or. 2 percent, to $49.25.
General Electric Co. fell$. 19 or. 7 percent, to $26.01. Snap-On fell$. 83 or. 7 percent, to $125.02. Whirlpool Corp. rose $1.03 or. 7 percent, to $151.67.