Business News

Discount retailer ShopKo Stores Inc. today said it has agreed to be acquired by a private equity firm in a deal the company valued at about $715 million, excluding debt.

WILMINGTON, Del. -- Bankrupt Colorado retailer Ultimate Electronics plans to put all 62 of its stores up for sale -- in an effort to raise cash for creditors.

Willis Group Holdings has reached a comprehensive agreement with the New York Attorney General and the Superintendent of Insurance for New York to resolve issues raised by ...

Developed by SEGA Studios under the guidance of Yuji Naka, the creator of Sonic the Hedgehog and Phantasy Star Online, Phantasy Star Universe offers long-time fans the ...

Nextel Partners Inc. said it has entered into an agreement with TowerCo Inc. to purchase, construct and own 300 cell towers for an undisclosed amount.

There's only so far you can go in trying to patent the ever-popular peanut butter and jelly sandwich.

A new era of air travel has arrived in Richmond. Low-fare carrier AirTran announced today that it will begin service from Richmond International Airport June 23 with four ...

Federal Reserve Chairman Alan Greenspan said on Friday the success of financial services' industries in expanding credit availability has significantly helped the U.S.

Fairchild Semiconductor International Inc. debuted its new Mini-SPM Series of Smart Power Module products that provide efficient motor control for energy-restricted white ...

In good news for expectant moms with cavities, a new study suggests pregnant women aren't threatening their newborn's birth weight by getting mercury -based silver amalgam ...

GlaxoSmithKline is recalling about 100,000 starter kits of Lamictal, which is used to treat epilepsy and bipolar disorder.

MISSOULA A ceremonial groundbreaking in Missoula, for a house that will be a temporary home to people with children hospitalized there.

Two cable giants have reportedly reached an agreement to buy Adelphia Communications.

In management circles, retention plans are often known as "golden handcuffs" because they offer sweet deals to executives to stick around or risk losing big benefits.

Lincoln National Corp. paid its top executive a bonus of $4.4 million in 2004, up 5 percent from the year before, according to a regulatory filing Friday.

About 1,700 Texarkana-area workers may soon be back on the production lines at Cooper Tire rather than walking the picket lines.

Gov. James Douglas on Thursday named a task force to boo... 7:10 Farm news for April 8th ... Inside Ag for Friday, April 8th Ken Rahjes talks to Dr.

Gains were elusive on North American stock markets even as the price of crude oil retreated for a fifth day.

Japan's financial regulator on Friday ordered Credit Suisse Trust and Banking Co.'s Japan-based affiliate to temporarily halt its new trust investment business, saying the ...

Summary Computer Associates is buying network service management software vendor Concord Communications in a cash deal valued at $330 million.

The Chinese Ministry of Commerce and the State Administration for Industry and Commerce has officially approved Avon Products Co., Ltd.

With the promise of offering a "Lifeline to Clients Locked in by EMC," Network Appliance and IBM have agreed to a partnership, which see IBM offering storage solutions based ...

The collaboration between Microsoft and Canadian authorities addresses an issue that computer security experts face with the borderless nature of the Internet, which allows ...

PITTSBURGH The Centers for Disease Control and Prevention says contaminated Roma tomatoes caused three salmonella outbreaks last year, including one that sickened some ...

BIRMINGHAM, Ala. Nearly one-hundred Alabama National Guard soldiers are expected to return to their home armory in Birmingham today.

A woman admitted in court that she made her 6-year-old daughter steal donation money from a volunteer fire company's collection boot, telling a judge she was addicted to ...

HOFFMAN ESTATES, IL — Sears, Roebuck and Co. today announced it will debut Ty Pennington Style, the newest addition to the Sears family of brands, in Sears stores ...

US gamblers should be allowed to splash their money around in the Caribbean's online casinos, the World Trade Organization has decided.

IDELIX Software and Offshore Systems International Partner IDELIX Software Inc. - IDELIX Software Inc.

Alcatel, the French telecommunications equipment maker, said President and Chief Operating Officer Philippe Germond will resign, but didn't say why.

Eversheds has scooped a mandate to advise the administrators of MG Rover and Powertrain Limited.

Two former executives of S.C. Johnson & Son Inc. of Racine are being investigated on suspicion of mail fraud, wire fraud and money laundering, according to court records.

Next-Generation Processor/Synchronizer Extends Capabilities of Successful DPS-575 TORONTO, April 8 /CNW/ - Leitch Technology Corporation , a leading provider of SD/HD ...

Oil and recession Will the oil-price spike stifle growth? Economists tear up their forecasts.

AOL inked an agreement to employ DoubleClick's ad management platform, DART for Publishers , across all AOL brands by the end of the year.

Graphic Packaging has developed a new line of functional microwaveable packaging in answer to increasing demands for more choice and greater cooking flexibility from ...

Bathroom products maker Qualceram Shires is to cut up to 220 at its factory in Stoke-on-Trent in Central England.

Two geological workers tied to the controversy over Yucca Mountain documents remain employed at the nuclear waste site despite testimony to Congress this week that none was ...