For almost 20 years, Vince Forgione sold his Lisa

Fortune Brands selling its Titleist golf business

It came down to booze over golf balls.
Yes, Fortune Brands, headquartered in Deerfield, Ill., is selling its Titleist golf ball and golf club business to […]

IMF’s Strauss-Kahn Held For Questioning in New York Assault - Bloomberg

Dominique Strauss-Kahn, head of the International Monetary Fund who had been considered a possible French presidential candidate next year, was pulled from an Air France […]

GM eyes doubling of China sales by 2015

SHANGHAI

House passes $6 trillion spending cut plan

The House on Friday passed a Republican budget blueprint proposing to fundamentally overhaul Medicare and combat out-of-control budget deficits with sharp spending cuts on social […]

ECB Rate Increase Less of a ‘Done Deal’ on Japan Aftermath - Bloomberg

Investors and economists are paring bets that the European Central Bank will raise interest rates next month as the aftermath of Japan’s biggest earthquake overshadows […]

New Technology Seduces Us When Death Beckons: Craig D. Turner - Bloomberg

The decision to opt for medical care that relies on the most costly technology is often based on blind faith that newer, elaborate and expensive […]

Indonesia Keeps Key Rate Unchanged, Signals Preparedness to Resume Raising - Bloomberg

Bank Indonesia left borrowing costs unchanged, refraining from a second increase in a row while signaling the pause may be temporary as inflationary pressure remains […]

Medtronic to eliminate 1,500 to 2,000 jobs

Medtronic, the world’s largest medical device maker, says it will lay off up to 2,000 workers as part of a restructuring effort amid sluggish sales […]

G-20 Overcomes China Opposition to Agree on Yardsticks to Gauge Imbalances - Bloomberg

Group of 20 finance chiefs overcame Chinese opposition to start crafting an early warning system to detect when economic fault lines are opening that may […]