British banking giant HSBC Holdings (HBC) said Friday that its pretax profit year-to-date remained “well ahead” of 2009. Its third-quarter pretax profits, the bank said, were also “well ahead” of last year’s quarter, although revenue growth was lower t…
For the first time ever, federal regulators are asking a judge for an injunction ordering a U.S. mine to close until safety hazards are fixed. That mine is Massey Energy’s Freedom Energy No. 1 in Kentucky. Among the provisions …
Dell aims to increase services in China to 25% of total revenues in that country within three years, up from the current 10%. Although Dell is late to the lucrative services game compared to IBM and HP, analysts say it has a sh…
Shares of Potash Corp. were down Thursday after Canada blocked BHP Billiton’s bid to buy the company, and it appears unlikely that the government, focused on protecting national assets, will change its mind.
Co…
The world’s largest retailer, Walmart Stores, wants to get even larger: It has joined the bidding war for Indonesian retailer Matahari’s hypermarket business, Hypermart, a deal that could be worth up to $1 billion, unnamed sour…