Business briefs: Carl Icahn and Motorola

The billionaire financier may not have succeeded in his fierce campaign to land a seat on Motorola Inc.’s board, but Icahn said he plans to retain his 2.9 percent stake in the world’s No. 2 cell-phone company and hasn’t ruled out another board bid next year. Icahn, a vocal critic of the board, announced his campaign in January, saying he wanted to increase the company’s debt level.

THE EURO ZONE

The euro is rising, unemployment is falling and the economy of the 13 EU nations that use the common currency is keeping pace with last year, in contrast with the United States, where growth is slowing and the dollar keeps falling. As Europe’s economy has chugged along, a string of rate increases by the European Central Bank has helped keep inflation in check.

businessBusiness & Real Estate

If you find our journalism valuable and relevant, please consider joining our Examiner membership program.
Find out more at www.sfexaminer.com/join/

Just Posted

Man accused of killing 94-year-old Glen Park resident has troubled past

Neighbors had complained about ‘paranoid and aggressive behavior’

Newsom says rules for reopening California fitness centers coming ‘in a week or so’

By Phil Willon Los Angeles Times Gov. Gavin Newsom on Wednesday said… Continue reading

Fishermen, port struggling to recover from Pier 45 fire

Loss to fishing industry alone could be in the millions

Larry Kramer, ‘Normal Heart’ playwright and AIDS activist, dies at 84

By David Colker Los Angeles Times A frail man stood outside the… Continue reading

Most Read