Mexico Launches $1.2B Fund To Help Homebuilders

Mexico announced a new program aimed at buoying the country's battered homebuilders by promising to put up billions of pesos to back commercial credit to the industry. The 15 billion pesos ($1.2 ...

Disney Shareholders Reject CEO/Chair Split

Walt Disney Co. shareholders on Wednesday re-elected the company's board, including Chair and Chief Executive Bob Iger, and rejected an investor proposal to separate the roles of chairman and CEO in ...

SCOR 2012 Net Income Jumps 27%

Paris-based SCOR reported net income of EUR 418 million ($545 million), representing an increase of 26.7 percent over the 2011 result, which was EUR 330 million ($430 million). The company said that ...

EU Fines Microsoft $731M

The European Union fined Microsoft Corp 561 million euros ($731 million) on Wednesday for failing to offer users a choice of web browser, an unprecedented sanction that will act as a warning to other ...

U.S. Scientists Report 2012 Surge In CO2 Levels

The amount of heat-trapping carbon dioxide in the air jumped dramatically in 2012, making it very unlikely that global warming can be limited to another 2 degrees (1.2 C) as many global leaders have ...