Growing pains at the world's largest maker of telecommunications equipment: Alcatel-Lucent announced today that it will lay off even more workers than anticipated. And don't look for a quick turnaround.
Wrigley has a stranglehold on the U.K's chewing gum market, but Cadbury Schweppes has spent the past year formulating a plan — and gum — to win over British consumers.
The G7 finance summit starts today and one item on the agenda is whether hedge funds should be regulated — or if that would just risk sending the global economy into a tailspin.
Amazon carries two cockfighting magazines on its site, so the Humane Society is suing the online retail giant. Amazon refuses to take them down as a matter of free speech.
Rival Palestinian factions have signed a deal to form a national unity government after marathon talks aimed at ending deadly infighting — and the international boycott that's crippled its economy.
Con artists have found a new way to prey on nervous homeowners in danger of losing their properties. It's called a foreclosure release scam, and there are some sure danger signs to look for.
U.K. investors applauded news that a British company will buy Laidlaw, America's biggest private operator of school buses. But it already owns the No. 2 carrier so there could be regulatory roadblocks ahead.
Amazon, TiVo and Wal-Mart are among the companies jockeying for the lead in the movie download business, but Daily Variety's Mike Speier says it's going to be a long time before they're making money at it.