Steve Black, vice chairman at JPMorgan Chase, plans to step down early next year after a decade with the firm. He headed the company’s investment bank for five years and was instrumental in its Bear Stearns acquisition. What’s …
German software company SAP has agreed to pay its larger competitor, Oracle, $120 million to partially settle allegations of intellectual-property theft. But it’s only the first part of the settlement; you can expect more to co…
Instead of licensing the digital rights to Penguin, Ian Fleming’s literary estate is making the e-book editions available directly itself. Getting the most out of the Bond brand is the estate’s rationale for keeping the e-books…
After much anticipation, General Motors finally revealed details of its public offering of stock, which is expected later this month. The automaker plans to raise $13 billion.
Continue reading General Motors Se…
Buoyed by consumers’ increased confidence in the U.S. economy, most automakers reported higher sales of cars and trucks in the U.S. during October compared to a year ago — making it the best October in three years for the auto…