Dell to Spend More Than $100 Billion on China Operations

Dell to Spend More Than $100 Billion on China OperationsDell Inc. (DELL) will spend more than $100 billion over a 10-year period to expand operations and sales in China.

The company will open a new operations center in Chengdu…

United and Continental Shareholders to Vote on Merger

Shareholders of United’s parent company UAL Corp (UAUA). and Continental Airlines (CAL) will vote today on a merger deal that would create the world’s biggest airline. Results of the votes are expected later today, The Associated Press reported.

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If shareholders vote in favor, the deal may close in the next two weeks. Then the new company will have to tackle issues including labor…

Continue reading United and Continental Shareholders to Vote on Merger

United and Continental Shareholders to Vote on Merger originally appeared on DailyFinance on Fri, 17 Sep 2010 07:18:00.

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BP Relief Well Reaches Macondo Well

BP’s (BP) relief well reached intercepted the Macondo well, putting engineers in a position to permanently plug the well that spewed out millions of barrels of oil into the Gulf of Mexico. The relief well intercepted the Macond…

Former Countrywide CEO Angelo Mozilo Must Face Trial

Angelo Mozilo, former CEO of Countrywide Financial, must face trial on charges he misled investors about the risks associated with subprime lending, a judge in Los Angeles ruled.
U.S. District Judge John F. Walter denied reques…

After Strong Start, U.S. Auto Sales Slow in September

U.S. auto sales started off strong over the Labor Day holiday weekend, but have since dropped significantly, according to analysis by car-buying guide Edmunds.com.
Continue reading After Strong Start, U.S. Auto…