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10 Jan 12 - Business News

Kodak separates business into consumer and commercial segments
KODAK has realigned its financial reporting structure, separating the commercial printing and film businesses on which it's staking its turnaround effort from flagging consumer divisions and patents it's trying to sell.

Kodak realigns business structure; sues Apple, HTC
Eastman Kodak Co. said Tuesday that it is realigning and simplifying its business to cut costs, accelerate its digital transformation and boost its share price.

MetLife Exits Mortgage Business, Most of 4300 Will Lose Jobs
Most of the workers at the business are based in Irving, Texas, Calagna said. MetLife said in October it was seeking a buyer for its mortgage unit after announcing plans to sell deposit-gathering operations to reduce federal oversight.

Pacific Brands mulls US buyout offer
By business reporter Michael Janda Pacific Brands says there is no certainty it will be bought out after a US-based private equity firm made an unsolicited offer for the struggling clothing manufacturer.

Business chiefs welcome green light for HS2
By Andrew Bounds, Chris Tighe and John Murray Brown Regional business leaders hailed the government's decision to give the go-ahead to the HS2 project, the high-speed rail link with London, saying it would help to redress serious economic imbalances.

Risky business for Disney's studio arm
By Jim J. Jubak on Tue, Jan 10, 2012 5:04 PM Walt Disney's (DIS) movie business didn't look like it was going to turn in a stunning 2011 before, but the well-publicized troubles of the studio's former marketing president MT Carney -- a Hollywood ...

An unforgiving business
But success is hard to sustain in this business without new talent, and Warnock received few favours under the old regime. He was publicly rebuked over his requests for funds to upgrade his squad upon promotion and forced to cobble together ...

Business jitters cause drop in temp workers
By Brian Groom, Business and Employment Editor Hiring of temporary staff has fallen for the first time in almost two-and-a-half years as economic uncertainty takes its toll, a survey of 400 recruitment companies has found.

Business casts wary eye on Scottish independence
Scotland Correspondent Scottish business leaders have adopted their customary position during periods of high political drama between Holyrood and Westminster: heads down, but keeping a wary eye on the situation.

Business Highlights
___ Ford unveils new sedan in effort to revive Lincoln DETROIT - Lincoln was once the pinnacle of luxury. Continental limousines carried presidents from Franklin D. Roosevelt to Ronald Reagan.

Business taxes again on Michigan lawmakers' agenda
By TIM MARTIN Fresh off lowering Michigan's overall business taxes in a bid to boost economic growth, Republicans will aim to eliminate or phase out a state tax paid on business equipment in 2012. Lawmakers are scheduled to return to the state Capitol ...

Kodak realigns business structure; sues Apple, HTC
Click here Kodak realigns business structure; sues Apple, HTC Originally published: January 10, 2012 8:56 AM Updated: January 10, 2012 6:33 PM By The Associated Press BEN DOBBIN (AP Business Writer) (AP) -- Eastman Kodak Co. said Tuesday that it is ...

'Law & Order' actress Tamara Tunie tells court how business manager stole her ...
By Barbara Ross / NEW YORK DAILY NEWS "Law & Order" actress Tamara Tunie called former business manager Joseph Cilibrasi diabolical and cruel as he was sentenced to up to seven years in prison for robbing her of $1.4 million.

Mozilla Gets Down to Business With Slow-Burn Firefox
By Caleb Garling Six months ago, Mozilla's Asa Dotzler - one of the original members of the team that built the Firefox browser - made it quite clear that the open source outfit wasn't interested in helping businesses. Their only aim, he said, ...

Disruptive US back in business
By Yang Yi (China Daily) In a rare appearance at the Pentagon, US President Barack Obama, along with Defense Secretary Leon E. Panetta and Chairman of the Joint Chiefs of Staff Martin E. Dempsey, addressed a news conference on Jan 5 and unveiled a new ...

The peculiar debate over Mr. Romney's business record
Private-equity firms recruit investors - individuals, university endowments or pension funds - and use their money to start, restructure or expand businesses whose shares are not publicly traded. Once profits start flowing, the private-equity ...

Enticing business back to the central city
Recovery authorities are asking business, property owners and customers what will entice them back into Christchurch's quake-stricken CBD.

Small business optimism inches up, but few signs of robust growth in 2012
By Olga Khazan Small business optimism inched up for the second month in a row, but that's not a sign that 2012 will be boom times for entrepreneurs, according to the December National Federation of Independent Business Optimism Index.

Business backs Ma in Taiwan elections
By Robin Kwong in Taipei The Taiwanese people head to the polls on Saturday to elect a president, but business leaders have already made clear their preference in an election that could transform the island's ties with China.

No comparison: Steve Stricker quietly goes about the business of winning
KAPALUA, Hawaii - Mention the best American golfers and Steve Stricker is on everyone's list, just as he was 15 years ago. The difference is that he bought into it back then.