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The European Union's executive branch has found that economic confidence across the continent has fallen sharply in May with business and industry primarily responsible for the decline.
Modified: 05/30/12 05:14:03 AMFiat Industrial Chairman Sergio Marchionne proposed a full merger with its U.S.-based CNH farm and construction business to simplify what he called its ''cumbersome" corporate structure.
Modified: 05/30/12 05:14:08 AM"Dear Bosses:
Modified: 05/30/12 03:09:22 AMA Kuwaiti-led energy consortium on Wednesday won the right to search for oil and gas in southern Iraq as part of the country's fourth postwar energy auction. Two natural gas exploration deals meanwhile attracted no bidders.
Modified: 05/30/12 04:49:02 AMA Silicon Valley city where Facebook has opened its new headquarters voted Tuesday to support an environmental impact report and development agreement for a project that will allow the social media giant to employ thousands more people at the campus.
Modified: 05/30/12 01:34:09 AMResearch In Motion Ltd., the Canadian company that makes the BlackBerry, warned Tuesday of an operating loss and layoffs to come as the company struggles to regain market share lost to Apple's iPhone and phones running Google's Android system.
Modified: 05/30/12 12:24:20 AMIt took Mario Parker-Milligan less than a semester to decide that he was paying too many fees to Higher One, the company hired by his college to pay out students' financial aid on debit cards.
Modified: 05/30/12 12:25:20 AMPepsiCo Inc. is lifting the curtain on its music partnership with Twitter, saying it plans to offer free downloadable songs on its Twitter page starting Wednesday and streaming video of live concerts this summer.
Modified: 05/30/12 12:22:48 AMIt took Mario Parker-Milligan less than a semester to decide that he was paying too many fees to Higher One, the company hired by his college to pay out students' financial aid on debit cards.
Modified: 05/30/12 12:12:08 AM
China is rolling out a mini-stimulus to fight its economic slump but is moving cautiously after its massive response to the 2008 global crisis left a painful hangover of inflation and debt.
Modified: 05/30/12 01:14:20 AM
Contact N&O business staff
Mary Cornatzer, business/Capitol editor
(919) 829-4755
David Bracken, assistant business/Capitol editor
(919) 829-4548
Newsroom main number: (919) 829-4520
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