Applied Materials to cut workforce up to 9 percent
NEW YORK (AP) - The Federal Trade Commission is proposing to fine a unit of Warner Music Group Corp. $1 million for violating a child privacy law in the operation of fan websites for artists including Justin Bieber, Selena Gomez, Demi Lovato and Rihanna. Commissioner Edith Ramirez revealed the proposed settlement in a speech in New York on Wednesday at the annual ...
WASHINGTON (AP) - U.S. service companies grew in September at the fastest pace in six months, helped by a sharp increase in customer demand.
SAN JOSE (AP) - A federal judge has lifted a ban on sales of Samsung Electronics Corp.'s Galaxy 10.1 tablet computer. U.S. District Judge Lucy Koh ruled Monday the South Korean technology giant is now free to start selling the product in American stores. The judge had previously banned U.S. sales of the tablet pending the resolution of ...
NEW YORK (AP) - Toys R Us will offer a price matching guarantee on all of its toys and products in stores this holiday season, the toy seller said Monday. The offer follows the chain's free layaway and toy reservation programs, and is the latest attempt for the company to draw in customers during the bustling holiday season. <p style="line-height: 18pt; background: ...
DALLAS (AP) - Hospital operator Tenet Healthcare Corp. plans acquisitions, a new share repurchase program and a 4-to-1 reverse stock split to help speed up growth and improve the value of its stock for shareholders. The firm operators Doctors Hospital in Manteca and Doctors Medical Center in Modesto. Shares of the Dallas company jumped as much as 7.5 ...
NEW YORK (AP) - A former intern filed a class-action lawsuit Monday against Warner Music Group and Atlantic Records over his unpaid internship, similar to a spate of recent lawsuits in other industries pushing back against the widespread practice.
MOORESVILLE, N.C. (AP) - Lowe's plans to expand its California presence with an acquisition of Sears spinoff Orchard Supply Hardware Stores for about $205 million in cash. Orchard Supply filed a voluntary Chapter 11 bankruptcy petition on Monday, so the offer from Lowe's will become the "stalking horse" bid for an auction of Orchard's assets. Such a bid sets the floor for an auction process that lets competitors make better offers. The California market is ...
WILKES-BARRE, Pa. (AP) - A single mother who worked briefly at a northeastern Pennsylvania McDonald's franchise is suing the owners after she said she was given a fee-laden debit card and told that she must use it to access her earnings.
California brothers charged with digital piracy of movies TV