http://www.EDGEnewyork.com Your life... with an EDGE. en-us 2012 EDGE PUBLICATIONS, INC. editor@edgepublications.com (Managing Editor) webmaster@edgepublications.com (Webmaster) Sat, 04 Feb 2012 19:00:34 -0500 http://www.EDGEnewyork.com/rss Gay/Lesbian/Bisexual/Transgender/Business/Finance/newyork http://www.edgenewyork.com/?129583 http://www.edgenewyork.com/index.php?ch=business_finance&sc=&sc2=news&sc3=&id=129583 For an emerging generation of Japanese innovators, the dream isn't a job for life at a big company. They have new ambitions, and they're determined to go places. Especially Silicon Valley. Fri, 03 Feb 2012 00:00:00 EST http://www.edgenewyork.com/?129582 http://www.edgenewyork.com/index.php?ch=business_finance&sc=&sc2=news&sc3=&id=129582 Retailers reported mixed sales results for the month in a sign that U.S. consumers continue to be cautious about when and where they spend their money in the shaky economy. Fri, 03 Feb 2012 00:00:00 EST http://www.edgenewyork.com/?129570 http://www.edgenewyork.com/index.php?ch=business_finance&sc=&sc2=news&sc3=&id=129570 Facebook's long-awaited IPO filing lifted the stocks of many Internet companies, including recent laggards Zynga and Groupon. Fri, 03 Feb 2012 00:00:00 EST http://www.edgenewyork.com/?129538 http://www.edgenewyork.com/index.php?ch=business_finance&sc=&sc2=news&sc3=&id=129538 MasterCard Inc. on Thursday said it recorded a $495 million charge in its fourth quarter to cover potential losses related to an ongoing lawsuit brought by merchants over the fees they pay on credit card transactions. Thu, 02 Feb 2012 00:00:00 EST http://www.edgenewyork.com/?129537 http://www.edgenewyork.com/index.php?ch=business_finance&sc=&sc2=news&sc3=&id=129537 Egypt's benchmark stock index fell over 2 percent Thursday, paring an earlier plunge stemming from deadly soccer riots the night before that left 74 dead. Thu, 02 Feb 2012 00:00:00 EST http://www.edgenewyork.com/?129532 http://www.edgenewyork.com/index.php?ch=business_finance&sc=&sc2=news&sc3=&id=129532 Facebook is friending Wall Street: The Internet social network is going public in a stock offering that could value it at up to $100 billion, eight years after its computer-hacking CEO Mark Zuckerberg started the service at Harvard. Thu, 02 Feb 2012 00:00:00 EST http://www.edgenewyork.com/?129479 http://www.edgenewyork.com/index.php?ch=business_finance&sc=&sc2=news&sc3=&id=129479 The Hershey Company says it will invest $10 million in Ivory Coast to reduce child labor and improve the cocoa supply in the West African nation. Wed, 01 Feb 2012 00:00:00 EST http://www.edgenewyork.com/?129477 http://www.edgenewyork.com/index.php?ch=business_finance&sc=&sc2=news&sc3=&id=129477 Sony announced that Kazuo Hirai, who leads the company's core consumer products business, will replace Howard Stringer as CEO and president effective April 1, as the electronics and entertainment company desperately tries to engineer a turnaround. Wed, 01 Feb 2012 00:00:00 EST http://www.edgenewyork.com/?129470 http://www.edgenewyork.com/index.php?ch=business_finance&sc=&sc2=news&sc3=&id=129470 Two executives at Johnson & Johnson's recall-riddled consumer health business are departing in two months. Wed, 01 Feb 2012 00:00:00 EST http://www.edgenewyork.com/?129437 http://www.edgenewyork.com/index.php?ch=business_finance&sc=&sc2=news&sc3=&id=129437 UPS said Tuesday that its fourth-quarter net income slid because of an accounting charge, but its adjusted results topped Wall Street's expectations. Tue, 31 Jan 2012 00:00:00 EST http://www.edgenewyork.com/?129436 http://www.edgenewyork.com/index.php?ch=business_finance&sc=&sc2=news&sc3=&id=129436 Wendy's new CEO called the dour results of the past few years "self-inflicted wounds" and vowed to do better, laying out plans that included hiring top-tier workers and reclaiming market share from higher-end competitors like Five Guys and Smashburger. Tue, 31 Jan 2012 00:00:00 EST http://www.edgenewyork.com/?129430 http://www.edgenewyork.com/index.php?ch=business_finance&sc=&sc2=news&sc3=&id=129430 Apple Inc. is reaching over the Atlantic to snatch a British electronics-chain CEO as the head of its own retail operation. Tue, 31 Jan 2012 00:00:00 EST http://www.edgenewyork.com/?129389 http://www.edgenewyork.com/index.php?ch=business_finance&sc=&sc2=news&sc3=&id=129389 Venezuelan President Hugo Chavez warned private banks on Sunday that he will consider nationalizing any that refuse to finance agricultural projects promoted by his government. Mon, 30 Jan 2012 00:00:00 EST http://www.edgenewyork.com/?129388 http://www.edgenewyork.com/index.php?ch=business_finance&sc=&sc2=news&sc3=&id=129388 Aware that most Americans would like to dump them all, members of Congress hope to regain some sense of trust by subjecting themselves to tougher penalties for insider trading and requiring they disclose stock transactions within 30 days. Mon, 30 Jan 2012 00:00:00 EST http://www.edgenewyork.com/?129383 http://www.edgenewyork.com/index.php?ch=business_finance&sc=&sc2=news&sc3=&id=129383 When Facebook makes its long-expected debut as a public company this spring, the social-networking company will likely vault into the ranks of the largest public companies in the world, alongside McDonald's, Amazon.com and Bank of America. Mon, 30 Jan 2012 00:00:00 EST http://www.edgenewyork.com/?129327 http://www.edgenewyork.com/index.php?ch=business_finance&sc=&sc2=news&sc3=&id=129327 Employees of Pfizer have filed suit against the company, alleging the world's largest drug maker failed to properly manage its retirement plans and caused losses totaling hundreds of millions over the past decade. Fri, 27 Jan 2012 00:00:00 EST http://www.edgenewyork.com/?129326 http://www.edgenewyork.com/index.php?ch=business_finance&sc=&sc2=news&sc3=&id=129326 Motorola Mobility sank to a fourth-quarter loss while trying to close its proposed $12.5 billion sale to Google. The setback, announced Thursday, came amid fierce competition in the markets for smartphones and tablet computers. Fri, 27 Jan 2012 00:00:00 EST http://www.edgenewyork.com/?129325 http://www.edgenewyork.com/index.php?ch=business_finance&sc=&sc2=news&sc3=&id=129325 Mary E. Junck, the CEO of newspaper publisher Lee Enterprises Inc., was named chairman of The Associated Press board of directors Thursday. Fri, 27 Jan 2012 00:00:00 EST http://www.edgenewyork.com/?129291 http://www.edgenewyork.com/index.php?ch=business_finance&sc=&sc2=news&sc3=&id=129291 Mobile phone maker Nokia Corp. on Thursday posted a fourth-quarter net loss of euro1.07 billion ($1.38 billion) as sales slumped 21 percent even as the company's first Windows smartphones hit markets in Europe and Asia. Thu, 26 Jan 2012 00:00:00 EST http://www.edgenewyork.com/?129290 http://www.edgenewyork.com/index.php?ch=business_finance&sc=&sc2=news&sc3=&id=129290 Colgate-Palmolive posted nearly a 6 percent decline in fourth-quarter net income Thursday, citing the higher costs of making and packaging its products. Thu, 26 Jan 2012 00:00:00 EST