Skullcandy CEO Hoby Darling says the music industry has really caught fire with the youth, and the lack of innovation in the audio space of technology. "We want to excite our consumer around audio and entertainment," he says.» Read More
U.S. hedge fund Och-Ziff Capital Management Group said it is selling a 9.9% stake to a Dubai fund for up to $1.26 billion, marking another investment in the financial sector by wealthy Middle East state-owned funds.
Facebook, the social network Web site, is looking to hedge funds and private-equity investors to raise an additional $260 million in financing, the Wall Street Journal reported on its Web site on Thursday.
Singer-guitarist Walter de Castro couldn't believe his luck when he found out his band's song "The Core" would be featured on "FIFA 2008," the Electronic Arts popular soccer game.
US Airways Group on Thursday reported a third-quarter profit compared with a year-earlier loss, topping expectations on strong demand and higher fares.
An engine cooperation pact between German carmakers BMW and Mercedes is likely but it will not be concluded this year, Daimler chief executive Dieter Zetsche said on Wednesday.
U.S. stock investors looking to recoup from the worst week in almost three months will have to keep one eye out for signs of weakness in earnings due this week and the other on the threat surging oil prices.
Institutional investors sent a letter to Verizon Communications, urging the phone company to give shareholders more say over the pay packages of executives.
US Treasuries fell Thursday after lower-than-expected weekly jobless claims bolstered views of a healthy labor market, lowering expectations of a near-term interest rate cut.
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A division of Dole Food issued an international recall of bagged salad Monday after a sample taken from a store in Canada tested positive for E. coli, the company said. There have been no reports of illness, company officials said.
America's aging energy infrastructure will require massive investment in order to make much needed efficiency improvements, former Exxon Mobil Chief Executive Lee Raymond said on Monday.
Five private equity investors including Blackstone and Singapore state investment firm Temasek are in talks with India's state-owned Life Insurance Corp (LIC) to buy a 15 percent stake in its proposed credit card venture, the Business Standard said on Sunday.
Mortgage insurer MGIC Investment and bond insurer Radian Group agreed to terminate their pending merger, the companies said Wednesday, citing market conditions.
Influential proxy advisory firm Institutional Shareholder Services recommended Monday voting against the takeover of baseball card company Topps by a private equity firm and an investment group led by Michael Eisner, the former chairman of Walt Disney.
Despite ongoing mortgage market turmoil, regulators for Fannie Mae and Freddie Mac have given no signal they will lift a cap on the companies home loan holdings, and opposition to such a move still appears firm within the Bush administration.
Asia-focused bank Standard Chartered beat expectations with a 30% jump in half-year profit on Tuesday and said it would consider more acquisitions to accelerate growth, including in South Africa.
Texas power company TXU, which has agreed to the largest buyout ever, said second-quarter earnings fell due to reduced demand from cooler weather, a planned outage at a nuclear site, and lower pricing.
Cadbury, the world's biggest confectionery maker, reported a drop in first-half profitability amid rising dairy prices and said the sale of its North American soft drinks business was still in the balance.
Industrial conglomerate Ingersoll-Rand posted profit that met Wall Street's expectations Friday, but its shares fell over 4 percent after the Bermuda-incorporated company said U.S. authorities were looking into its past tax filings.