Business Stories from October 24, 2012 (Change date)
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Prison, $7 billion fine for French rogue traderOct 24, 2012 10:17 pm - PARIS — The Paris appeals court on Wednesday ordered former Societe Generale trader Jerome Kerviel to spend three years in prison and pay back a staggering $7 billion in...
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AT&T sees fewer new customers in 3QOct 24, 2012 2:22 pm - NEW YORK — The flow of customers into AT&T’s wireless stores slowed further in the latest quarter, putting the company far behind rival Verizon Wireless. AT&T Inc. on We...
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US Airways posts record 3Q profitOct 24, 2012 9:25 am - DALLAS — US Airways made its best profit ever for the 3-month stretch that covers much of the peak summer vacation season. Net income for the third quarter totaled $245 ...
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Ford to close Belgian plant in 2014; 9,500 jobs hitOct 24, 2012 12:14 pm - BRUSSELS — Ford Motor Co. will close a car plant in eastern Belgium — one of its main European factories — by the end of 2014, a move that will result in 4,500 direct jo...
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ECB’s Draghi faces German lawmakersOct 24, 2012 9:36 am - BERLIN — The European Central Bank’s president told German lawmakers Wednesday that his controversial bond-buying plan won’t stoke inflation and will not allow strugglin...
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Corning may make job cuts as part of cost cutsOct 24, 2012 9:25 am - NEW YORK — Corning said Wednesday that it will likely cut costs, which may include “modest” job cuts, to support profit in a weakening economy. It’s the latest manufact...
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Google cameras map popular Grand Canyon trailsOct 25, 2012 3:50 pm - GRAND CANYON NATIONAL PARK, Ariz. — Google and its street-view cameras already have taken users to narrow cobblestone alleys in Spain using a tricycle, inside the Smiths...
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EU sends Microsoft formal antitrust complaintOct 24, 2012 12:19 pm - BRUSSELS — The European Union’s executive arm formally accused Microsoft on Wednesday of failing to comply with a binding agreement to give customers a choice among Inte...
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Delta 3Q profit surges on fuel contract gainsOct 24, 2012 9:25 am - NEW YORK — Delta Air Lines said Wednesday that its third-quarter profit nearly doubled mostly due to the increasing value of its fuel contracts. The world’s second-larg...
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