Business news from Macon and Warner Robins, GA,

Business

IMF head Lagarde in court in fraud probe

IMF Managing Director Christine Lagarde, leaves her apartment building before appearing in French court, in Paris, Thursday, May 23, 2013. Lagarde is being investigated by a special French court over a controversial arbitrage deal, which she oversaw as French Finance minister in 2008.

International Monetary Fund chief Christine Lagarde is facing questions at a special Paris court Thursday over a controversial financial deal that she oversaw as French finance minister. 39 minutes ago

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Archive by category ''Business

TECHNOLOGY

Lenovo says quarterly profit up 90 percent

Computer maker Lenovo Group said Thursday its latest quarterly profit rose 90 percent as sales of smartphones and mobile computing technology expanded.

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TECHNOLOGY

Review: Google music plan solid, serendipitous

Google Inc.'s new music service offers a lot of eye candy to go with the tunes. The song selection of around 18 million tracks is comparable to popular services such as Spotify and Rhapsody, and a myriad of playlists curated along different genres provides a big playground for music lovers.
BUSINESS

Survey shows China manufacturing contracting

A survey shows China's manufacturing contracted this month, adding to signs a fragile recovery in the world's No. 2 economy is slowing.
BUSINESS

Ford to end auto production in Australia in 2016

Ford Motor Co. said Thursday it will close its two Australian auto plants, ending production in the country in 2016, amid soaring manufacturing costs and plummeting sales.
BUSINESS

On top of big salaries, companies pile on perks

Wynn Resorts pays for founder and CEO Steve Wynn's residence at its tony Las Vegas hotel and casino at a cost of nearly $452,000.
BUSINESS

Pay your taxes, Europe warns multinationals

European leaders fired a warning shot in the battle against multinational companies that exploit loopholes or set up complicated schemes to minimize their tax bills, calling for collective action to thwart such practices.
BUSINESS

Millennials say debt stalls retirement savings

More than half of millennials - 54 percent-surveyed by a Wells Fargo & Co. retirement unit said their "biggest financial concern currently" was longer-term debt, mainly student and credit card debt.
BUSINESS

Glaxo to develop new antibiotics

A unit of drugmaker GlaxoSmithKline has a central role in a $200 million public-private project announced Wednesday to develop new antibiotics against biological terrorism and treat drug-resistant infections found in health care settings around the world.
TECHNOLOGY

HP's 2Q offers hope even as revenue slump deepens

Hewlett-Packard is still scrambling to meet the growing demand for more versatile and less expensive mobile devices as a slump in its personal computer sales deepens, but the company's cost-cutting measures and focus on more profitable areas of technology appear to be easing the pain.
BUSINESS

GM recalling Cadillac SUVs to tighten wheels

General Motors Co. is recalling more than 27,000 Cadillac SUVs worldwide because the wheels can fall off.