Business Stories from October 24, 2012 (Change date)
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Prison, $7 billion fine for French rogue traderOct 24, 2012 8:28 am - 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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Eli Lilly 3Q profit climbs 7 pct, revenue slidesOct 24, 2012 8:28 am - INDIANAPOLIS — Eli Lilly’s third-quarter earnings climbed 7 percent, as a drop in expenses and a payment from a former partner helped offset an 11 percent slide in reven...
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Delta 3Q profit surges on fuel contract gainsOct 24, 2012 8:28 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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AT&T sees fewer new customers in 3QOct 24, 2012 8:28 am - 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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Boeing benefits from faster airplane deliveriesOct 24, 2012 8:28 am - Boeing is cranking out planes faster, and it’s paying off. The big U.S. aerospace company is on track to meet delivery targets for the year, and on Wednesday raised its...
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US Airways posts record 3Q profitOct 24, 2012 8:28 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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EU sends Microsoft formal antitrust complaintOct 24, 2012 8:28 am - 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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ECB’s Draghi faces German lawmakersOct 24, 2012 8:28 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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Google cameras map popular Grand Canyon trailsOct 24, 2012 8:28 am - 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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