February 5th, 2011
Wal-Mart, humbled king of retail, plots rebound (AP)
AP - The battle for shoppers is playing out in this New York suburb: Wal-Mart versus everyone else.
Archive for the ‘Business’
February 5th, 2011
Genzyme, Sanofi boards to meet on Sunday: sources (Reuters)
Reuters - The boards of Genzyme Corp and Sanofi-Aventis SA are scheduled to meet on Sunday to discuss Sanofi's proposed acquisition of Genzyme, according to sources with knowledge of the situation.
February 5th, 2011
Chrysler CEO apologizes for description of bailout (AP)
AP - Chrysler's CEO apologized Saturday for the way he described the interest rates the U.S. and Canadian governments are charging on the bailouts his company received in 2008 and 2009.
February 5th, 2011
Hackers breach Nasdaq’s computers (Reuters)
Reuters - The operator of the Nasdaq Stock Market said it found "suspicious files" on its U.S. computer servers and determined that hackers could have affected one of its Internet-based client applications.
February 5th, 2011
B of A to pay $410 million to settle overdraft lawsuit (Reuters)
Reuters - Bank of America Corp has agreed to pay $410 million to settle lawsuits accusing it of charging customers with excessive overdraft fees, court documents show.
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