Apple cuts copy protection and prices on iTunes - Apple Inc. is cutting the price of some songs in its market-leading iTunes online store to as little as USD$69 cents and plans to make every track available without copy protection.
LyondellBasell units file for bankruptcy - The U.S. arm of chemical giant LyondellBasell Industries has filed for bankruptcy as the recession continues to weaken demand for its products, which are used in everything from cars to detergents.
Alcoa to cut 13 pct of global work force - Alcoa Inc., the world's third-largest aluminum maker, said Tuesday it will cut 13,500 jobs, or 13 percent of its work force, and slash spending and output to cope with the global economic slowdown.
PLEASANTON, Calif. (AP) -- Polycom Inc., the maker to communications and videoconference equipment said it expects to report its fourth-quarter earnings per share grew at least 16 percent when it issues its results later this month and said it will also lay off about 6 percent of its work force.
NEW YORK (AP) -- Shares of Imation Corp. plunged Tuesday after the maker of digital storage devices said it won't meet its previous guidance for fourth-quarter profit or sales because of ongoing economic turmoil.
NEW YORK (AP) -- The solar sector slid on Tuesday as solar power companies continued to face weak customer demand and dried up credit markets.
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