Citigroup on Monday morning reported third quarter net income of $2.2 billion, topping Wall Street estimates and marking its third consecutive quarterly operating profit. Citi shares were up as much as 2.3% in premarket tradin…
Toyota may build another factory in Mexico to produce small cars as the world’s largest automaker shifts more capacity outside Japan to remain competitive. The yen’s strength on world markets is said to be prompting the move.
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In a sign that Yahoo is accelerating its efforts to join the social media revolution, word was leaked this weekend of a new offering, dubbed Y Connect, which would allow its customers to sign up for and sign onto media sites an…
Reported theft of information and electronic data is now a bigger crime problem than physical property losses, according to a poll by security consultancy Kroll.
More than 27% of 801 companies surveyed reported some kind of data loss, while the porti…
It’s not unusual for a departing chief exec to maintain some involvement with the corporation he or she led, usually by holding onto or taking a position on the company’s board of directors.
That can be a bad idea. Consider GM’…