First Niagara Financial Group Inc., the lender whose search for a new chief executive officer lasted nine months, fell the most since October after announcing that its interim CEO would take the job permanently.
Apple Inc.’s victory over HTC Corp. in a patent dispute at the U.S. International Trade Commission may slow the advance of rival Google Inc.’s fast-growing Android operating system for mobile phones and tablets.
Kenneth Feinberg , the paymaster at companies rescued by the U.S. Treasury, recently cut cash compensation for executives at American International Group Inc. and General Motors Co. He said some companies are buying into his credo of pay tied to performance.
Eastman Kodak Co. , the 130-year-old company that popularized film photography, is trying to gain ground lost in the digital revolution by using its collection of patents to target Apple Inc. and Research In Motion Ltd.