Grappling with growing financial risk in a severely weakened economy, Textron is slashing its fourth-quarter earnings estimate, cutting more than 2,000 jobs and exiting the bulk of its commercial-finance business.

Textron Inc., which makes Cessna jets, Bell helicopters and E-Z-GO golf carts, on Monday cut its fourth-quarter outlook amid the deteriorating economy and said it is exiting nearly all of its commercial finance business to improve its liquidity position in the tightening credit markets.

The stock market is in the tank, the plant is closing and the neighbor is losing his home ... the perfect time to go to a concert, by one measure. The concert business grossed just under $4 billion worldwide in 2008, the most ever for a year and up almost 13 percent over last year, according to Billboard magazine.

Mobile-phone maker Nokia Corp. is selling its Internet security business to Check Point Software Technologies Ltd. for an undisclosed sum, the companies said Monday.

Dec. 22 (Bloomberg) -- Belgian business confidence declined to a record low in December as the global financial crisis pushed Europe’s economy deeper into a recession.

Check Point To Buy Nokia's Security Appliance Business

Check Point said its acquisition of Nokia's security business will help it expand its line of security products.

Textron Inc., which makes Cessna jets, Bell helicopters and E-Z-GO golf carts, on Monday cut its fourth-quarter outlook amid the deteriorating economy and said it is exiting nearly all of its commercial finance business to improve its liquidity position in the tightening credit markets. Along with these actions, Textron said the company has cut 2,200 jobs in the last couple of months, shedding ...

By clicking on the “Seeds” section, access can be gained to information about the different brands that form part of Syngenta’s horticultural seed business, in addition to a complete product portfolio classified by crops.

Credit ratings agency Moody's Investors Service on Friday cut the bank financial strength rating for Citigroup Inc.'s U.S. credit card business subsidiary, Citibank NA.

Business SA says Holden's decision to make small cars at its Elizabeth plant in Adelaide's northern suburbs is a move in the right direction for the car manufacturing industry.

The Premier David Bartlett has expressed confidence in his Workplace Relations Minister despite claims Lisa Singh misrepresented a report by the state's business community.

BUSINESS EDITORS:@ Here are Canadian Press Business budget lines as of 6 p.m. ET. Plans may change as circumstances warrant. Queries should be addressed to business editor John Valorzi at 416-507-2146 or to Dave Paddon on the business desk at 416-507-2149 or Craig Wong at 613-231-8631.

It's understandable that landscaper Christy Webber's partner would call her the Golden Goose. After all, she often sees opportunities before anyone else. Her biggest work project was on Chicago's Millennium Park. But now, her task is to realign her business so it can survive a slowdown.

Apple supera per la prima volta nella storia Microsoft nel business generato su Internet. Merito di iTunes store che assegna a Cupertino un vantaggio rilevante nei confronti dell'avversaria nel mercato dei contenuti e dei servizi in rete.

BUSINESS EDITORS:@ Here are Canadian Press Business staffing plans as of 4:30 a.m. ET. Plans may change as circumstances warrant. Queries should be addressed to business editor John Valorzi at 416-507-2146 or to Dave Paddon on the business desk at 416-507-2149 or Craig Wong at 613-231-8631.

The up and down economy isn't affecting everyone. One local business is even getting national attention for doing well. Happy State Bank was highlighted by USA Today. The story centers on how Happy State has done well in comparison to national banks during this economic crunch.

Just as the end of the holiday shopping season is quickly closing in, KB Toys Inc. has launched a going-out-of-business sale for all its 461 KB Toys, KB Toy Outlet, KB Toy Works and KB Toys Holiday Stores.

Dec. 22 (Bloomberg) -- Nascar, the biggest U.S. auto-racing league by sales, is seeking corporate sponsors to replace four departing backers including Home Depot Inc ., Sports Business Journal reported.

Just as the end of the holiday shopping season closes in, KB Toys Inc. has launched a going-out-of-business sale for all its 461 KB Toys, KB Toy Outlet, KB Toy Works and KB Toys Holiday Stores.

Bureau on lookout for shady schemes When South Florida contractor complaints skyrocketed after Hurricane Wilma, the Better Business Bureau was the first line of defense for many consumers.

Business SA says Holden's decision to make small cars at its Elizabeth plant in Adelaide's northern suburbs is a move in the right direction for the car manufacturing industry.

Tracy Corrigan argues that Jaguar Land Rover needs to become a leaner greener business.

Transworld Business Brokers said Monday that it will merge this week with former competitor Apex Business Brokers.

GlaxoSmithKline, continuing a small buying spree in emerging markets, has agreed to pick up Bristol-Myers Squibb's Pakistani business for about $36.5 million. (GSK)

KUALA LUMPUR: Allianz Malaysia Bhd (AMB) will transfer Commerce Assurance Bhd’s (CAB) general insurance business to Allianz General Insurance Company (M) Bhd (AGIC) on Jan 1, 2009.

BUSINESS EDITORS:@ Here are Canadian Press Business budget lines as of 3 p.m. ET. Plans may change as circumstances warrant. Queries should be addressed to business editor John Valorzi at 416-507-2146 or to Dave Paddon on the business desk at 416-507-2149 or Craig Wong at 613-231-8631.

Immigrants make up 28 percent of New Jersey's work force, account for nearly a quarter of all earnings, and represent one-fifth of the state's business owners, according to a new report by Rutgers University. An analysis by the Eagleton Institute...

Some specialty shops in Denver are seeing a surge in business as people are finding a unique way to save money.

The concert business grossed just under US$4 billion worldwide in 2008, the most ever for a year and up almost 13 per cent over last year, according to Billboard magazine.