Mobile UPI  |   About UPI  |   UPI en Español  |   UPI Arabic  |   UPIU  |   My Account
Search:
Go

Business News

Deere names new chief executive

Jun. 1, 2009
Farm equipment maker Deere & Co. says its board has elected Samuel R. Allen to succeed Robert W. Lane as chief executive starting Aug. 1. Fifty-five-year-old Allen also has been elected president, chief operating officer and a board member of the world's...
Related Stories from UPI.com

Deere looks overseas for future sales

LAS VEGAS, March 13 (UPI) -- U.S. farm and heavy equipment maker Deere & Co. Thursday said it will lean on overseas markets, where construction equipment sales are expected to boom.

Dell hires Motorola executive

ROUND ROCK, Texas, Feb. 16 (UPI) -- Dell Inc. has hired Motorola's former handset chief as president of its consumer business, the troubled U.S. computer maker said Friday.

Former Xerox chief dies

RYE BROOK, N.Y., Dec. 18 (UPI) -- C. Peter McColough, chief executive of Xerox until his retirement in 1982, has died in Rye Brook, N.Y., at the age of 86.

First non-family leader of Wrigley

CHICAGO, Oct. 23 (UPI) -- The Wm. Wrigley Jr. Co., the storied Chicago chewing gum maker, has named its first non-founding family member as chief executive. William D. Perez is replacing Bill Wrigley Jr. as president and chief executive, the company said in a news release Monday.

Kraft pays $1.1B for British cookie maker

LONDON, July 10 (UPI) -- Kraft Foods Inc. will spend about $1.1 billion to buy Britain's iconic United Biscuits, a noted maker of cookies.

Italy's Lottomatica paying $4.8B for Gtech

NEW YORK, Jan. 10 (UPI) -- Lottomatica SpA, Italy's lottery manager, is buying Rhode Island-based Gtech Holdings Corp., a gambling equipment maker, for $4.8 billion. The purchase price, which includes debt assumption, is a 15-percent premium to Gtech's value on Sept. 9, the day bef

French smart card makers to merge

PARIS, Dec. 7 (UPI) -- France's Gemplus International SA has agreed to merge with rival Axalto Holding NV to create the world's largest smart card maker.

Ex-Siemens exec joins Deutsche Telekom

FRANKFURT, Germany, Sept. 2 (UPI) -- Deutsche Telekom said Friday a former executive of Siemens will head T-Systems, a wholly owned subsidiary.

PeopleSoft fires Conway

PLEASANTON, Calif., Oct. 1 (UPI) -- PeopleSoft in Pleasanton, Calif., Friday ended Craig Conway's role as president and chief executive.

Equipment maker Cisco back to profit

SAN JOSE, Calif., Nov. 6 (UPI) -- Network equipment giant Cisco Systems, Inc. recorded $618 million in net income for first-quarter fiscal 2003, ended Oct. 26, vs. a year-earlier loss of $268 million, the company said Wednesday.
1 of 25
President Obama awards the Presidential Medal of Freedom in Washington
View Caption
President Barack Obama awards the the Presidential Medal of Freedom to singer/songwriter Bob Dylan during a ceremony in the East Room at the White House in Washington on May 29, 2012. The Medal of Freedom is our NationÕs highest civilian honor, presented to individuals who have made especially meritorious contributions to the security or national interests of the United States, to world peace, or to cultural or other significant public or private endeavors. UPI/Kevin Dietsch