Ford Motor Co. (NYSE:F) is looking for to use contract talks this summer to ease the burden. GM and Fiat Chrysler have had an advantage, dating back to bankruptcies in 2009, that lets both automakers hire lower-wage workers in unlimited numbers. Ford, by contrast, has had to give 48 percent […]

AT&T, Inc. (NYSE:T) stated a 1.4 percent rise in quarterly incomeas it added postpaid consumers. The second-largest U.S. wireless carrier stated net income attributable to the firmfell to $3.04 billion, or 58 cents per share, in the Q2 ended June 30, from $3.55 billion, or 68 cents per share, a […]

Freeport-McMoRan Inc. (NYSE:FCX) fell the most in six months amid uncertainty about the copper producer’s direction, and the outcome of its energy unit’s share sale, given the downward spiral for commodities. In the face of falling prices for metals and energy, “all options are on the table,” Chief Executive Officer […]

Wall Street declared Intel Corporation (NASDAQ:INTC) is the best suitor for Qualcomm Inc’s chip unit, if the maker of Snapdragon mobile processors decides to break itself up. “The chip accord to end all chip accords,” says Cowen and Co analyst Timothy Arcuri, would give Intel’s smartphone chip making business a […]

Microsoft Corporation (NASDAQ:MSFT) top lawyer used a captive audience at this year’s Worldwide Partner Conference to assure cloud storage customers that they can trust the security of the their data from both hackers and overreaching governments, including spy agencies in the U.S. Brad Smith’s first-ever presentation at the conference signals […]

Celgene Corporation (NASDAQ:CELG) released on Tuesday that it decided to purcahse Receptos Inc. (RCPT) for around $7.2B in cash. Celgene will take over all of the outstanding shares of Receptos through a wholly-owned subsidiary for $232 a share in cash. The transaction has been permitted by the boards of directors […]