Co-Operative Group Ltd.’s chairman stepped down earlier than planned as its banking unit’s former chief executive officer said its acquisition of Britannia Building Society didn’t cause the lender’s near collapse.
Dresser-Rand Group Inc., with one of the best sales outlooks among makers of oilfield equipment, is turning into a takeover candidate for buyers such as Siemens AG, National Oilwell Varco Inc. and Cameron International Corp.
Cattle ranchers may ditch plans to expand their herds in Texas, the biggest U.S. beef producer, as an expanding drought damages pastures and water reservoirs drop to record lows, according to Texas A&M University.
Honeywell International Inc., the maker of products from thermostats to cockpit controls, predicts the U.S. will grow at a slower pace this year than economists estimate as Congress continues to grapple over spending.
The first U.S. government shutdown in 17 years is curbing the collection of cash-livestock prices and threatening to reduce transparency in the futures market used for price discovery by farmers and meat processors.
For more than a decade, millions of people have aided in the search for extraterrestrial life simply by running an application on their computers. Today, 3 million people still use the SETI@home program to crunch complex scientific data sets when their computers are sitting idly.
Honeywell International Inc. forecast a 13 percent rise in 2012 earnings as emerging-market growth offsets a slump in Europe and increased demand for commercial aircraft boosts profit at its aerospace unit.
Cortec Mining Kenya Ltd. will start producing niobium, used to make alloys for jet engines and to strengthen steel, next year after gaining the final approval it needs from environmental regulators to begin digging the ore.