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Business :: Corporate

Google Earnings Fall Short of Expectations

CORPORATE | Thursday Apr 17, 2014
After Google reported a 19 percent increase in revenue, its stock fell nearly six percent Wednesday after the market closed. CBS News business analyst Jill Schlesinger discusses Google’s first-quarter earnings reports and tech stocks selloff.

A sea lion pup named Hoppie who was found at Mape’s Ranch near Modesto, Calif.

Lost Sea Lion in California Found Mile from Water

CORPORATE | Apr 17
Workers at a central California ranch could hardly believe their eyes when they spotted a sea lion pup hopping through an almond orchard, a mile from the San Joaquin River.

Mustang’s 50th Anniversary Atop Empire State Building

CORPORATE | Apr 17
Michelle Miller reports from the observation deck of the Empire State Building, where a new Ford Mustang convertible is on display to celebrate a big anniversary for one of America’s most iconic cars.

Mel Gravely, president of TriVersity Construction, poses in his office in front of some paintings of work his company has done.

Mentors Help Minority Companies accelerate Growth

CORPORATE | By Joyce M. Rosenberg | Apr 17
Mel Gravely says his construction company might not exist today if he didn’t have mentors to guide it. Gravely’s company, TriVersity, joined a program called a minority business accelerator even before he bought a controlling interest in the company.

Mary Barra , CEO of General Motors, speaks at the 2014 Automotive Forum.

GM Sales Eyed for Impact of Ignition Switch Recall

CORPORATE | By Tom Krisher | Apr 17
As General Motors executives show off their newest cars and trucks in New York this week, analysts are watching for signs that consumers are shying away from the ones sitting on dealer lots.

Chris Beard

Mozilla Hires Interim CEO

CORPORATE | By Jason St. Amand | Apr 16
After Brendan Eich stepped down as Mozilla’s CEO last month, over a controversy sparked by a $1,000 donation he made to an anti-gay marriage campaign in 2008, the software company announced its interim CEO Monday .

Sprint Calls Customer ’Gay Sissboy’ in Email

CORPORATE | By Jason St. Amand | Apr 16
A straight married man from Chicago says he received an email from phone company Sprint that addressed him as a "gay sissyboy."

Airbnb CEO on How Travel is Changing

CORPORATE | Apr 16
Airbnb is quickly becoming one of the world’s largest hospitality brands, but it doesn’t own a single hotel. The website connects people who want to rent out a room or house, with travelers who need a place to stay.

Fire TV Enters the Set-Top Box Arena

CORPORATE | Apr 16
To find out which set-top box is right for you, Chenda Ngak compares the biggest competitors on the streaming video market: Roku 3, Apple TV and Amazon’s Fire TV.

The National Corvette Museum, workers pull out a car from a sinkhole at the National Corvette Museum, in Bowling Green, Ky.

Last Corvette Retrieved From Kentucky Sinkhole

CORPORATE | By Bruce Schreiner | Apr 16
The mangled remains of a powerful Corvette - barely recognizable to its former owner - were pulled from the depths of a sinkhole at a Kentucky museum Wednesday, completing weeks of painstaking work to retrieve eight classic cars.

MoneyWatch :: Americans are Opening Their Wallets

CORPORATE | Apr 15
As the long, hard winter fades, retail spending is perking up. Plus, Citigroup beats expectations and Amazon may enter smartphone business in today’s MoneyWatch report.