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Updated: 1 hour 25 min ago

Wall Street Week Ahead: Market is oversold, but major signs say "sell"

1 hour 30 min ago
Normally a big decline would set up Wall Street for a technical rebound. But that may not be the case this week, even after the market posted its worst weekly loss for the year and the S&P fell for six ...
Categories: Business

Historic Facebook debut falls flat

1 hour 31 min ago
The historic initial public offering of Facebook Inc did not go as planned on Friday, as the social networking company's sky-high valuation combined with trading glitches left the stock languishing near ...
Categories: Business

Apple, Samsung CEOs head to court-ordered play date

1 hour 31 min ago
The chiefs of Apple Inc and Samsung Electronics Co Ltd are used to running the show at their global tech empires, but they will be in for a different experience when they arrive at a San Francisco federal ...
Categories: Business

Google says it has China's approval for Motorola deal

1 hour 31 min ago
Google said on Saturday that Chinese authorities have approved its $12.5 billion purchase of Motorola Mobility Holdings, the last regulatory hurdle to a deal that would allow the world's No. 1 Internet ...
Categories: Business

Two smaller unions agree deals with Lockheed

1 hour 31 min ago
Lockheed Martin Corp said on Saturday it had negotiated new contracts with two smaller unions at its Fort Worth, Texas plant, even as a strike by the larger machinists union stretched into a fifth week. ...
Categories: Business

Weaker euro zone nations need more support from core: UK

1 hour 31 min ago
The euro zone can protect its currency if its stronger countries provide more support for the weaker to help them deal with their problems, British finance minister George Osborne said in a newspaper on ...
Categories: Business

Status update: Facebook's Mark Zuckerberg gets married

1 hour 31 min ago
Facebook co-founder and CEO Mark Zuckerberg wed longtime girlfriend Priscilla Chan on Saturday, announcing the nuptials through a status update on the social networking site. The 28-year-old billionaire's ...
Categories: Business

China state-run businesses to invest 350 billion yuan in Chongqing

1 hour 31 min ago
Thirty of China's biggest state-owned businesses have signed contracts worth about 350 billion yuan with the southwestern municipality Chongqing, Chinese media reported on Sunday, in a sign of Beijing's ...
Categories: Business

China's Wen urges more support for growth

1 hour 31 min ago
China's premier called for additional efforts to support growth on Sunday, signaling Beijing's willingness to take action after a recent series of economic indicators suggested that the world's second-biggest ...
Categories: Business

Obama pledges tough enforcement of Wall Street reforms

1 hour 31 min ago
President Barack Obama on Saturday called on the U.S. Congress to back his efforts for tough new financial industry oversight, saying a $2 billion trading loss at JPMorgan underscored the need for such ...
Categories: Business

Wall St Week Ahead: The market is oversold, but major signs say "sell"

3 hours 31 min ago
Normally a big decline would set up Wall Street for a technical rebound. But that may not be the case next week, even after the market posted its worst weekly loss for the year and the S&P fell for six ...
Categories: Business

Samsung's mobile chief says has options to settle war with Apple

3 hours 31 min ago
Samsung Electronics' mobile division chief JK Shin said on Sunday the South Korean technology giant was still seeking to resolve differences in its international patent war with Apple Inc.. "There ...
Categories: Business

Russia Sberbank sees sale certainty after government formed

5 hours 31 min ago
Europe's second largest lender Russia's Sberbank will see some certainty over the planned privatization sale after the new Russian government's lineup is announced on May 21, CEO German Gref said on Saturday. ...
Categories: Business

Dewey to consider bankruptcy filing: source

5 hours 31 min ago
Ailing law firm Dewey & LeBoeuf is considering a bankruptcy filing as new debtholders take a more aggressive track, shifting away from earlier attempts at an out-of-court liquidation, a person familiar ...
Categories: Business

Seaway pipeline sends oil to Texas in historic reversal

9 hours 31 min ago
The Seaway pipeline began pumping crude from Cushing, Oklahoma, oil tanks to the heart of the U.S. refining industry in Houston on Saturday, marking a historic shift in the way oil flows across the United ...
Categories: Business

Audi eyes management reshuffle: CEO in magazine

9 hours 31 min ago
Volkswagen's Audi division is looking into a management reshuffle as it eyes an expansion in China, Latin America and the United States, the unit's head told a German magazine. "Against the backdrop ...
Categories: Business

Manulife, Metlife submit bids for ING Asia sale: sources

Sun, 05/20/2012 - 02:50
Manulife Financial Corp and Metlife are among the companies that have submitted first round bids for ING's entire Asia life insurance business, sources said on Saturday, in what could be the largest Asia ...
Categories: Business

Google says it won China's approval for Motorola deal

Sun, 05/20/2012 - 01:00
Google said on Saturday that Chinese authorities have approved its $12.5 billion purchase of Motorola Mobility Holdings, the last regulatory hurdle to a deal that would allow the world's No. 1 Internet ...
Categories: Business

Under pressure, Chesapeake cuts director pay

Sun, 05/20/2012 - 01:00
Chesapeake Energy Corp , under growing pressure from shareholders to improve corporate governance, reduced the compensation for its outside directors by 20 percent and eliminated their use of its aircraft ...
Categories: Business

Analysis: JPMorgan to be haunted by change in risk model

Sun, 05/20/2012 - 01:00
JPMorgan Chase & Co's decision to radically change the way risk was measured in its Chief Investment Office is likely to dog the bank in the developing crisis over the big trading losses it has suffered. ...
Categories: Business