parent company

Staff at The Sun tabloid arrested in bribe inquiry

Topix - Business News  Sat, 02/11/2012 - 10:14

Britain's biggest-selling tabloid newspaper was fighting to contain the damage after five of its employees were arrested Saturday in an inquiry into the alleged payment of bribes to police and other officials, detectives and the newspaper's parent company said.


 

Another Obama-Backed Company Goes Bankrupt

Digg - Business & Finance  Fri, 01/27/2012 - 07:09

The parent company of an electric car battery maker that received a $118 million grant from the Obama administration filed for Chapter 11 bankruptcy protection on Thursday.


 

Indian casinos struggle to get out from under debt

Newsvine - business  Sat, 01/21/2012 - 11:20

The warning from the ratings agency could not have been more direct: The parent company of the Mohegan Sun faces a "wall of debt" due early this year as the casino, struggling with rising competition and a weak economy that's hammered consumer spending, tries to refinance hundreds of millions of dollars in loans.


 

Alleged LulzSec arrested, but Anonymous #OpPayPal makes eBay ble...

Digg - Business & Finance  Wed, 07/27/2011 - 14:13

Alleged LulzSec members arrested as #OpPayPal puts the serious hurt to PayPal parent company eBay which is bleeding money as stocks plummet.

People are closing their PayPal accounts in support of Anonymous using legal activism. Accusations fly on Twitter about censoring the operation.


 

Daimler Posts Record $2.5 Billion Profit For Second Quarter

Digg - Business & Finance  Wed, 07/27/2011 - 11:24

The parent company of Mercedes-Benz, Daimler, has posted a record net profit of $2.5 billion for the second quarter of the year, smashing most estimates and increasing by almost 30 percent on the same period a year ago.


 

Dunkin' expects warm response from new investors

Newsvine - business  Wed, 07/27/2011 - 08:03

Shares of Dunkin' Donuts parent company are set to start trading Wednesday morning after pricing at $19 per share, more than the $16 to $18 range it predicted two weeks ago.


 

AMR plans to spin off American Eagle

Topix - Business News  Wed, 07/20/2011 - 16:53

The parent company of American Airlines said Wednesday it expects to spin-off regional carrier American Eagle, although it won't completely rule out a sale.


 

NBC Wins TV Rights to 4 Olympics for $4.38 Billion

NYT > Business  Tue, 06/07/2011 - 12:50

NBC extended its Olympic reign to 2020 as Comcast, its parent company, agreed Tuesday to acquire the rights.


 

Slim's cellphone subsidiary hit with $1B fine

Newsvine - business  Sat, 04/16/2011 - 12:46

Mexico's anti-trust commission has hit billionaire Carlos Slim's cellphone subsidiary with a 12 billion peso ($1 billion) fine, parent company America Movil announced.


 

Mercedes-Benz Partners With Bosch For Full Scale Production Of E...

Digg - Business & Finance  Wed, 04/13/2011 - 07:46

The parent company of Mercedes-Benz, Daimler, has signed a deal with automotive parts supplier Bosch to expand their long-standing partnership and cooperate in the development and production of electric drivetrains...