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As college courses in how to start small businesses are becoming as ubiquitous as Economics 101, gone is the conventional wisdom that such skills cannot be learned in class.
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Inspectors said the West Point, Pa., plant, which recalled two vaccines in December over sterility problems, had determined that manufacturing rules were not being followed.
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Europe’s biggest engineering company reported strong growth in orders in the second quarter and its shares rose Wednesday, even though net income dropped by two-thirds.
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The move spotlighted the company’s future as a pure content provider and signaled a renewed focus on its Warner Brothers movie studios and Turner Networks.
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The F.D.I.C. proposed permitting the Treasury Department to lend $50 billion directly to as many as a million homeowners to help ease the housing crisis.
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Makers of household consumer and food products reported mixed results, Procter & Gamble got a boost from emerging markets, while Colgate-Palmolive’s earnings fell.
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The stage is set for a new and more difficult phase in the showdown between actors and producers over a contract to replace the current deal, which expires June 30.
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A commission in Michigan moved to prevent hospitals in the state from each spending $100 million or more to provide a new form of radiation treatment for cancer.
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Hewlett-Packard scientists said they have designed a device that they believe will make it possible to build tiny computers that could imitate biological functions.
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Wall Street gave up sharp gains and closed lower, after the Fed cut interest rates by a quarter of a percentage point but left investors guessing about its next move.
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With profit down 28 percent, Starbucks said it would open fewer new stores in the United States, slash expenses and sell better-tasting coffee.
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The Federal Reserve reduced short-term interest rates for the seventh time in seven months, the latest in a series of measures to stabilize financial markets.
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Economic growth expanded only modestly in the first three months of the year, reflecting consumers’ more thrifty inclinations.
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The maker of Oscar Mayer hot dogs, Maxwell House coffee and Oreo cookies did benefit from across-the-board price increases of its products, with sales jumping 21 percent.
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The announcement, which was not unexpected, came as Time Warner reported quarterly earnings that were largely in line with Wall Street’s expectations.
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A device, called a memristor, is an electrical resistor with memory properties. The technology could eventually build very dense chips that go beyond DRAM and use much less power.
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The clothing and shoe company, hurt in the first quarter by one-time items and the weak retail environment, also cut its 2008 outlook. The results, however, beat analysts’ estimates.
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The results are likely to raise questions about the viability of G.M.’s turnaround, particularly after its cross-town rival, Ford, reported a profit last week.
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The office supply retailer said first-quarter profit climbed 9 percent, helped by a gain from its investment in Boise Cascade.
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The German conglomerate said that its second-quarter net profit slid 67 percent, weighed down by weaker performance in its major business projects.
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GRAND RAPIDS, Mich. (AP) -- Kellogg says its profit rose 3.7 percent in the second quarter as a result of product innovation and raising prices to offset higher costs. The cereal and snack maker met Wall Street's expectations.
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The company missed Wall Street expectations as price increases failed to offset higher raw material costs and uncoated paper shipment volumes fell.
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Price increases and cost controls helped offset higher commodity costs at the consumer products maker, which raised its full-year outlook, sending shares up.
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Scaling back its market forecast for 2008, the telecommunication equipment giant said it expected annual revenues to fall.
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The sale of new common shares was another effort by the banking giant to shore up its balance sheet. The offering was priced at $25.27 a share.
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The advertising services company added clients as advertising spending held up despite the economic slowdown.
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The Internet conglomerate said first-quarter net profit fell to $52.8 million, hurt by declines at its catalog business and a loss at its online mortgage site LendingTree.
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The specialty glass maker said its first-quarter profit tripled to more than $1 billion on demand for glass used in flat-screen televisions and laptop computers.
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Government electricity officials gave different reasons for the blackout, which lasted more than two hours in parts of Caracas.
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Shrinking grain stocks and an increasing appetite for meat have collided with a shortage of fertilizer.
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The senator called for the federal government to give money to states to help cover people who have been denied health insurance.
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President Bush accused the Democratic-controlled Congress of stalling on bills that would address pocketbook issues.
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Facing losses tied to a falling dollar and weakening American demand, some Chinese exporters are asking European customers to pay in euros. Others are trying to increase domestic sales.
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Statistics show that most people who have refinanced are homeowners who make their payments on time, not borrowers in crisis.
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The effort to make it easier to get loans over $417,000 has yielded frustration, with many saying the loans are not available or the rates are far higher than they expected.
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In 15 months, two dueling business coalitions have spent $4.3 million lobbying on legislation that calls for the biggest changes in United States patent law in more than 50 years.
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Royal Dutch Shell and BP’s record first-quarter profits, beat analysts’ expectations and prompted share gains across the industry.
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I.B.M. increased its dividend payout 25 percent on Tuesday, reflecting the company’s confidence that it can thrive even in an uncertain economy.
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Wall Street turned in a mixed performance Tuesday as investors traded cautiously ahead of the Federal Reserve’s decision on Wednesday on interest rates.
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The bank, which had won praise in financial circles for seeming to weather the credit storm better than most of its peers, reported a $395 million first-quarter loss.
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The companies said that their drug Rituxan did not achieve any of seven measures of effectiveness in a late-stage patient trial.
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Three rival teams of computer researchers are working on new types of software needed to better use computer chips that can process many tasks at the same time.
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The quintessentially American department store is weighing opening stores outside the United States, possibly in Mexico and Canada, its chairman said.
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Three nonprofit groups opened Open Book, a literary and arts center, in May 2000, and a neighborhood renaissance flowered.
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On Manhattan’s Lower East Side, rent increases of 40 percent are common as long leases end and buildings change ownership after years in the same family.
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As the advertising industry confronts profound changes in media and technology, agency leaders were given a dose of tough love at their annual conference.
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The media company, which has holdings in newspapers, radio and television, said it would pay $300 million in cash for the advertising technology company Adify.
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Americans’ confidence in the economy plunged again this month, and their homes lost value at the fastest rate in two decades, according to two reports released on Tuesday.
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Prosecutors told jurors that Anthony Pellicano was a “very well-paid thug” who used wiretaps and crooked police officers to dig up dirt for his celebrity clients.
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It was the third consecutive quarterly loss for the nation’s largest mortgage lender and servicer.
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CBS said its television profit rose 15 percent, to $402 million, in part because of lower production costs during the strike by the Writers Guild of America.
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The ouster of The Wall Street Journal’s top editor last week did not live up to the conditions that the News Corporation agreed to when it bought the paper, an oversight committee said.
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Citigroup Inc., the banking giant, said that it planned to sell $3 billion of common stock to bolster its capital levels.
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Short sellers are drawing fire once again, being accused of spreading rumors, persecuting companies and unsettling entire economies.
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The television station and cable company, reported a loss on Tuesday for the first quarter after accounting for the spinoff of four newspapers.
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Foreign DVD sales of “Shrek the Third” were stronger than anticipated, helping DreamWorks report a 69 percent increase in quarterly profit.
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Martha Stewart Living Omnimedia reported a net loss of $4.2 million, compared with a loss of $11.9 million a year earlier, helped by higher advertising sales at its magazine.
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The company’s sales rose to $5.2 billion from $3.76 billion, helped by gains in the company’s flat-rolled steel business in North America.
