SONY PICTURES: Movie studio is cutting 350 jobs

Sony Pictures Entertainment Inc., the movie studio subsidiary of the Japanese electronics maker, is laying off nearly 250 people and eliminating nearly 100 open […]

Whole Foods, FTC settle on Wild Oats

Premium organic grocer Whole Foods Market Inc has settled an antitrust battle with U.S. regulators by agreeing to sell the Wild Oats brand, 13 […]

Baltic states could get big boost from joining euro zone

LONDON–The Baltic countries of Latvia, Lithuania and Estonia could see their credit ratings get a much-needed jolt upwards if the European Union relaxes its […]

Ohio Hospital Association opposes Strickland budget

The Ohio Hospital Association is opposing Gov. Ted Strickland’s proposed state budget, calling it “unworkable.”
Hospitals “cannot support a state budget that will cost hospital employees […]

Auto sales plunge 41%

U.S. auto sales plunged 41% in February, the latest sign of trouble for the battered industry.
The weakness was broad-based, with sales of virtually every […]

Toyota seeks government-backed loan for finance arm

Toyota Motor Corp has applied for a loan backed by the Japanese government to help its finance arm cut funding costs as the global […]

HSBC unveils record UK rights issue, slashes 6,100 U.S. jobs

HSBC launched Britain’s biggest rights issue on Monday, to raise 12.85 billion pounds ($18.3 billion) to help it overcome big losses in the United […]

Fear of U.S. intervention lowers Wells Fargo stock

I believed that Wells Fargo & Co. was recognized as a top bank. Why hasn’t its stock done better?
The possibility that every major […]