Caterpillar to Buy Engine Maker MWM for $810 Million

Caterpillar Inc (CAT) agreed to buy German company MWM Holding, a maker of engines that can run on alternative fuels, for 580 million euros ($810 million).

MWM engines operate on fuels including diesel, biogas, and industrial waste gas, and can be us…

Walmart to Sell Kobo E-Reader Starting Next Week

Walmart Stores (WMT) will start selling the Kobo Inc. digital book reader in U.S. stores next week, as it moves to increase its hand-held electronic product line.

U.S. stores will begin selling the Kobo device as early as Oct. 24, Walmart CEO Michael Serbinis told Bloomberg News.

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Kobo is a joint venture between Indigo Books & Music and Borders Group (BGP). The e-readers have…

Continue reading Walmart to Sell Kobo E-Reader Starting Next Week

Walmart to Sell Kobo E-Reader Starting Next Week originally appeared on DailyFinance on Fri, 22 Oct 2010 00:01:00.

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What Should Apple Do With All That Cash? Pay Dividends

Apple has accumulated tons of cash, but how should it spend that money? A smart bet would be to use it to bring in the next Steve Jobs — but there isn’t one. Which leads to this thought: Maybe Apple should pay out a big divide…