Intel to buy Infineon unit for $1.4B

Intel Corp. has agreed to acquire the wireless unit of Infineon Technologies AG for about $1.4 billion in cash, the companies said Monday.
The unit will […]

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Milestone for Amtrak’s Phila.-to-Harrisburg line

Ridership reached a record 1.27 million trips on Amtrak’s Keystone Line between Harrisburg and Philadelphia last fiscal year, state Transportation Secretary Allen D. Biehler said […]

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Stocks headed for early selloff

U.S. stocks were headed toward an early selloff Friday, following a weaker-than-expected reading on second-quarter economic growth.
Dow Jones industrial average (INDU), S&P 500 (SPX) […]

Central Garden & Pet begins $110M buyback

Central Garden & Pet Co.’s board of directors has authorized a new $100 million share-repurchase program following the completion of a program begun in 2006.
Under […]

Bebe to quit PH8 stores

Bebe Stores Inc. will discontinue operations at its 48 PH8 stores, the company said Tuesday.
Brisbane-based Bebe (NASDAQ: BEBE) said it would focus its efforts on […]

Junior golf honors Thunderbirds members

Thunderbirds members Del Cochran and Mike Kennedy were honored by the American Junior Golf Association with the organization’s Digger Smith Awards for their role in […]

Marvell moves from loss to $206M profit

Marvell Technology Group Ltd. on Thursday reported first quarter net income of $206 million, or 30 cents a share, compared to a loss in the […]

Gas prices may fall for summer season.

Gas prices are poised to fall as Memorial Day approaches, a welcome change for motorists who have gotten used to seeing increases cut into […]

No job for years and still looking

John Miller wasn’t too nervous when he lost his job in the mortgage industry in June 2008.
The worst of the financial crisis was still […]

Event to focus on taxing online sales

The Albuquerque Independent Business Alliance will hold an event April 15 at Bookworks about collecting sales tax on Internet sales.
Guest speakers are Oren Teicher, CEO […]