Breaking United States of America Business News

Shanda Interactive Entertainment Ltd. said late Tuesday its third-quarter net income attributable to ordinary shareholders rose 49% compared to the period last year, to 519.6 million yuan ($76 million). Earnings per American depositary share in the period ended in September,...

Verizon Wireless provides the most customer satisfaction in San Antonio and in the U.S., according to a Consumer Reports survey. The magazine's January issue reports that Verizon, the country's largest wireless provider, topped its three closest competitors — AT&T, Sprint...

Templeton, which holds 10 per cent in Taro, had supported the promoters led by chairman Barrie Levitt over the last two-and-a-half-years since the stake sale agreement was signed. A report in an Israeli online business daily Globes said Templeton decided...

McDonald's Corp. said Tuesday that President and Chief Operating Officer Ralph Alvarez will retire at the end of the year for health-related reasons...No successor was named. "Seven orthopedic surgeries and years of chronic pain culminating in two total knee replacements...

The Northrop Grumman Corporation said on Tuesday that it would not bid on a $50 billion contract to build aerial refueling tankers unless the Air Force made significant changes in its request for proposals. Northrop had teamed with a European...

General Motors, the giant car company controlled by the US government, stunned its staff, dealers and suppliers last night by parting company with its chief executive Fritz Henderson, a 25-year veteran of the company. Mr Henderson had been installed only...

Kan. — Collective Brands Inc. says it will begin opening Payless ShoeSource stores in the Philippines as it continues to push the value brand worldwide. The Topeka-based retailer said Tuesday it will open five stores in the Philippines by mid-2010...

USA Today newspaper and 11 positions at USA Weekend magazine...USA Today newspaper and 11 positions at USA Weekend magazine...It was not immediately clear what percentage of the work force the positions represent. USA Today and other Gannett newspapers have already...

Newspaper and publishing conglomerate Gannett ( GCI ) will institute one week of unpaid furloughs for the bulk of its newspaper employees, FOX Business has learned, along with layoffs at USA Today. The furloughs, announced to Gannett newspaper employees on...

The Clark County Commission has approved a series of rate hikes that will cause most Las Vegas Valley Water District customers' monthly bills to go up by $3 to $4 in 2010. More News The commission approved the hikes Tuesday...