Business

'Steve Jobs: The Lost Interview' coming to US theaters

An old interview of Steve Jobs recorded 15 years ago has resurfaced and is now being released as a film at Landmark Theaters in 19 cities across the country on Nov. 16 and 17.

Apple key execs get $400 million in bonuses

Apple Inc. (Nasdaq: AAPL) just showered seven of its senior executives with bonuses worth about $400 million.

Apple security chief John Theriault steps down

John Theriault, Apple Inc.'s (Nasdaq:AAPL) vice president of global security is leaving the company, reportedly taking an early retirement.

Starbucks profit up 29 percent on better demand

Starbucks Corp. (Nasdaq: SBUX) posted a 29 percent rise in fourth quarter profit as customers kept coming back for their coffee.

Thai floods force Honda to slash output in North America by half

The production woes of Honda Motor Co. (NYSE: HMC) show no signs of abating. The Japanese car-maker, still tottering from output disruptions after the March Tsunami disaster, has now been hit by floods in Thailand.

Bank of America customers might be able to escape debit card fee

Buffeted by public outrage, Bank of America Corp. (NYSE: BAC) is reported to be considering ways to allow customers to escape its proposed $5 monthly fee for debit card usage.

Sony to buy Ericsson's share in Sony Ericsson

Sony Corp. is buying out Telefon AB LM Ericsson's 50 percent stake in their joint venture Sony Ericsson for €1.05 billion, or about $1.46 billion, in a bid to integrate smartphones into its consumer electronics portfolio.

More customers ditch Netflix than expected, outlook bleak

Netflix Inc. (Nasdaq: NFLX) shares dove 27 percent Monday as the company reported it lost more customers in the United States in the third quarter than it had earlier predicted, and that the defections have continued into the fourth quarter.

Nissan aims to sell 1.5mn electric cars by 2016

In a bid to become the world's No. 1 in green cars, Nissan Motor Co. is aiming to sell 1.5 million battery electric vehicles by fiscal year 2016.

Google’s Android a 'stolen product' -- Steve Jobs

According to excerpts leaked from Walter Isaacson’s biography of Steve Jobs, the digital genius was so livid with Google Inc. over Android that he was willing to go on a thermonuclear war with it as he considered the operating system a blatant rip-off of Apple's iOS.

AMR reports $162 million loss as fuel prices eat into revenues

AMR Corp. (NYSE: AMR), the parent of American Airlines, reported a net loss of $162 million for the third quarter as even higher revenues failed to beat the effect of surging fuel prices.

Apple results miss estimates for 1st time in years

Apple Inc. stunned investors on Tuesday as it reported fourth quarter earnings that missed analysts' expectations for the first time in years.