Stock split could cost Google over $500 million

SAN FRANCISCO (AP) ” An unorthodox stock split designed to ensure Google CEO Larry Page and fellow co-founder Sergey Brin retain control of the Internet’s most profitable company could cost Google more than half a billion dollars.Page,…

How the Dow Jones industrial average fared Thursday

U.S. stocks closed slightly higher on Thursday, shaking off two days of losses. Separate government reports indicating a steep drop in weekly applications for unemployment benefits and a pickup in U.S. factory orders helped lift the…

Three-way bun fight over $11.2 million

A businesswoman, who is a member of the New Zealand Order of Merit, has successfully appealed an order requiring her to return $11.2 million to a Maori land trust.A three-way bun fight is now likely over the money when the case…

Mattel names Christopher Sinclair as permanent CEO

NEW YORK (AP) ” Mattel, the maker of Barbie dolls and Hot Wheels cars, named Christopher Sinclair as its permanent CEO Thursday.Sinclair has been interim CEO since January, when Bryan Stockton resigned from the top job as the company…

US stocks edge higher after 2 days of losses

NEW YORK (AP) ” U.S. stocks are closing slightly higher as the market shakes off two days of losses.CarMax jumped 9 percent Thursday after reporting that its profit rose sharply in the latest quarter as purchases of used vehicles…