Latest the Times Stories
German automaker Volkswagen said Monday it had discontinued merger talks with Porsche, a day after Porsche said the talks would continue. Volkswagen said Porsche is lacking several fundamental conditions for the discussions, The Times of London reported. Porsche, however, called reports that the talks were over irritations and stuck to its claim that only Monday's meeting had been canceled. VW said earlier this month that Porsche's plans to further tie the companies together was half-hearted,...
Police in England's Derbyshire county say three people were hurt when a stage collapsed during heavy winds at the Bearded Theory music festival. Derbyshire police said those hurt Saturday night received medical treatment for back and neck problems, along with a suspected broken wrist and shoulder, The Times of London Online reported Sunday. Sally Booth, a site manager at the festival in the village of Hulland Ward, credited emergency services for their response to the stage collapse, which...
The British Royal Mail said it turned a profit of $236 million in the past 12 months, almost double what it made the previous fiscal year. The year results included profits in all four of the service's core businesses, the first time that has happened since 1989, The Times of London reported Thursday. The
Amazon is preparing to unveil a new version of its Kindle e-book reading device that is specifically designed for newspaper and magazine content.
U.S. investors were willing to ignore harsh economic realities this week, but found Chrysler's bankruptcy filing a tough pill to swallow. U.S.
U.S. investors may need a week or two to sort out the many moving pieces that were crowded into Friday's headlines. In Washington, the Treasury Department may disclose results of the stress tests it is conducting for the nation's 19 largest banks, The New York Times reported.
The DC-Based Sign Company Takes Home Second Place on Annual Signs of the Times Sign Contest WASHINGTON, April 7 /PRNewswire-USNewswire/ -- Gelberg Signs, one of the mid-Atlantic region's premier sign companies, today announced its award in the 2009 International Signs of the Times Contest for the fabrication and installation of an electric sign for the Children's National Medical Center. The DC-based sign company, with a history dating back to 1941, began working with the Children's...
U.S. technical giant IBM is close to an agreement to acquire rival Sun Microsystems for close to $7 billion, sources said. The estimated figure, $9.50 a share, is about a 100-percent premium on Sun's market value, The New York Times reported Friday.
Britain's Serious Fraud Office said Thursday it had raided three offices concerning an $81.4 million fraud that victimized the Allied Irish Banks. The amount of losses may escalate, as AIB was not the only victim, The Times of London reported. The fraud involved loans taken out between 2003 and 2007 that included fraudulent guarantees, The Times said.
- A young chicken: also used as a pet name for children.