Target at Post-Bailout GM: $10 Billion a Year
The auto maker is expected to report 2011 net income of more than $8 billion and has set its sights on a once-unthinkable goal: make more than $10 billion a year.
Adelson Cashes In on Sands Turnaround
A financial turnaround at Las Vegas Sands Corp. is beginning to pay off for chairman and CEO Sheldon Adelson, who during the financial crisis put $1 billion of his own money into the struggling casino operator.
Nabors Ex-CEO Waives Claim
Nabors said its former Chief Executive Eugene Isenberg agreed to terminate his employment pact and will waive his claim to a $100 million payment.
Verizon, Redbox Plan Online Video Service
Telecom company Verizon Communications and Redbox video-kiosk owner Coinstar said Monday they will launch an online service in the second half of the year featuring streaming videos and downloads.
Halftime Gesture Prompts Apology
The NFL and broadcaster NBC have apologized after the rapper M.I.A. made an obscene gesture by extending her middle finger during the Super Bowl halftime performance by the singer, Madonna.
