RBS CEO turns down bonus amid criticism of payout

Royal Bank of Scotland chief executive Stephen Hester will not be accepting a 1 million pound ($1.5 million) bonus that drew criticism from British public […]

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Solutia and Eastman: corporate snapshots

Solutia Inc.
Headquarters • Town and Country
CEO • Jeffry Quinn
Products • Laminated architectural and automotive glass; performance films for cars and buildings; chemicals for rubber and […]

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Conoco says reaches China spill compensation deal

ConocoPhillips said Wednesday that it and China National Offshore Oil Corp. reached a $160 million agreement to settle compensation claims from oil spills off northeastern […]

Egypt’s Islamists secure 75 percent of parliament

Egypt’s election commission and political groups say final results from the country’s first elections since the ouster of Hosni Mubarak show Islamist parties winning nearly […]

Novartis to cut nearly 2,000 U.S. jobs

The Swiss drugmaker Novartis is cutting nearly 2,000 jobs in the United States, anticipating the impending loss of patent protection on its blockbuster drug […]

Eurasia Group names top risks for 2012

Much has been made of the grave risks the world faces in 2012. The Euro seems bound to collapse. China’s overheated real estate market […]

Court gives new life to Busch suit

ST. LOUIS • The wrongful death lawsuit against former beer baron August Busch IV was given new life on Tuesday when a Missouri appeals court […]

Greece: Govt will cut spending but no new taxes

Greece will cut spending further but it won’t impose new taxes, its finance minister said Monday, adding that talks with international debt inspectors on a […]

UN warns of possible new recession

The United Nations has sharply cut its economic projections for global growth and says that the world is at risk for a new recession.
The U.N.’s […]

RIM shares shoot up on plans to open network services to iPhones, Android

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