Japan’s Sony said it aims to cut costs by $1.1 billion a year as a global downturn has hurt profits. More: continued here
Japan’s Sony said it aims to cut costs by $1.1 billion a year as a global downturn has hurt profits. More: continued here
The two companies, which were seized by federal regulators in September, have become highly charged political targets in the debate over what caused the U.S. housing crisis and the resulting financial fallout. More: continued here
An arbitration panel ruled the seniority lists of Delta Air Lines and Northwest Airlines pilots should be integrated based on pilots’ status and aircraft category. More: continued here
SpeculatingStocks.com has released two stock picks that they believe will perform well under Obama over the next four years. More: continued here
Ford is in talks to sell its Volvo car business to its China partner Changan Automobile Group, a report says. More: continued here
Among those being considered for the post is Arun Sarin, who retired as CEO of Vodafone in July, the Wall Street Journal reports. More: continued here
GE’s NBC Universal will give its 10 p.m. weekday time slot entirely over to “Tonight Show” host Jay Leno, a report says. More: continued here
The alliance builds upon MySpace’s effort to make it easier for users of its online hangout to connect with their social circles while at other Internet destinations. More: continued here