Fired CEO of Olympus speaks with investigators

The former chief executive of Olympus Corp. met with Tokyo prosecutors Thursday as they probe the Japanese camera and medical equipment maker’s coverup of investment […]

Monti vows to quickly form next Italian govt

Italy’s new premier-designate economist Mario Monti says he will get to work quickly to try to form a new government, assuring the nation that it […]

Eurozone industrial output in surprise August jump

Industrial production in the 17 euro countries unexpectedly rose during August, official figures showed Wednesday, easing concerns that the crisis-torn eurozone was heading back into […]

A-B InBev to invest less in U.S. facilities as beer sales slow

Anheuser-Busch InBev plans to invest more than $1 billion in its U.S. facilities from 2011 to 2014, a figure that is less than half of […]

German parliament passes expanded euro fund

German lawmakers have cleared the way for an expansion of the size and powers of the eurozone bailout fund, in a major step toward tackling […]

Lennar 3Q profit drops 31 pct, meets Street view

Lennar Corp.’s fiscal third-quarter profit dropped 31 percent as the company delivered fewer homes.
The homebuilder said Monday that demand is picking up somewhat, driven by […]

Australia’s Fairfax Media posts $408 million loss

Fairfax Media Ltd., publisher of hundreds of newspapers in Australia and New Zealand, Friday reported a $408 million annual loss after writing down the value […]

Markets fluctuate amid recession fears

North American markets were mostly negative at midday Friday as investors appeared ambivalent about whether the U.S. and global economies are headed for another recession […]

Target Q2 profit beats estimates

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Penney’s shopping experience could be transformed

Imagine the possibilities of J.C. Penney in the future: An iPad enables one shopper to mix and match shirts and slacks without having to undress. […]