Business Stories from June 26, 2011 (Change date)
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US space entrepreneur accused of aiding IranJun 27, 2011 2:19 pm - WASHINGTON — Growing up in a provincial town in Iran, Nader Modanlo was fascinated by the flickering TV images of astronauts walking on the moon. As a teenager, he came ...
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Nike's 4Q profit jumps 14 percentJun 27, 2011 11:32 pm - BEAVERTON, Ore. — Nike Inc. says its fourth-quarter net profit rose 14 percent to beat expectations as the company's sales improved around the globe. The world's largest...
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Hearing may be end of road for breast cancer drugJun 27, 2011 11:32 pm - WASHINGTON — The best-selling cancer drug in the world comes under federal scrutiny once again this week, as drugmaker Roche makes a last-ditch effort to keep Avastin ap...
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Macy's, Bloomingdale's add international shippingJun 27, 2011 11:33 pm - NEW YORK — Macy's Inc. said Monday that its Macy's and Bloomingdale's chains will begin shipping to 91 countries outside of the U.S., including Australia, Canada, the Un...
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Euro debt news lifts stocks after last week's lossJun 27, 2011 4:09 pm - Signs that a widespread European debt crisis could be averted helped send stocks up Monday. French banks agreed to accept slower repayment of Greece's debt, giving Greec...
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Yes, you can still sell your home in a down marketJun 27, 2011 2:19 pm - CHICAGO — The home next door is in foreclosure. The neighbors down the street just put their house up for sale at a ridiculous discount. And "For Sale" signs litter lawn...
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GSV Capital invests $6.6 million in FacebookJun 27, 2011 2:19 pm - NEW YORK — Investment fund GSV Capital Corp. said Monday that it has invested $6.6 million to buy 225,000 shares in Facebook. The fund company's shares climbed more than...
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High court to rule on TV indecency, GPS trackingJun 27, 2011 4:25 pm - WASHINGTON — The Supreme Court has added a couple of high-profile constitutional challenges to its lineup of cases for next term: One looking at governmental regulation ...
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Saab says Chinese order could pay staff wagesJun 27, 2011 3:22 pm - STOCKHOLM — Troubled car maker Saab Automobile AB has received a euro13 million ($18.4 million) car order from a Chinese company that could help pay this month's salarie...
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Citigroup ex-VP arrested in NYC on fraud chargesJun 27, 2011 3:22 pm - NEW YORK — A former Citigroup vice president has been charged with embezzling $19 million. Federal prosecutors in Brooklyn said Monday that Gary Foster was arrested at J...
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