From Politics & Policy 1:03 pm
The Japanese government and local companies will buy a 10 percent stake in Chevron Corp. (CVX)'s Wheatstone natural gas field in Australia for 350 billion yen ($4.37 billion), Nikkei newspaper reported.
From Economy 12:48 pm
General Electric Co. (NYSE: GE) said it would buy two mining equipment companies as it seeks to expand in the $61 billion global mining supplier industry.
From Politics & Policy May 15
Moody's Investors Service downgraded 26 Italian banks, including the country's largest lenders, as their economic performance weakened and the country's economic outlook remained troubled.
From Economy May 15
Homebuilder confidence in the U.S. single-family home market rose to a five-year high in May as buyer traffic increased and sales improved, according to the National Association of Home Builders/Wells Fargo Housing Market Index released Tuesday.
From Economy May 14
Best Buy Co. (NYSE: BBY), the troubled electronics retailer, said Monday founder Richard Schulze was resigning as chairman and would be replaced by director Hatim Tyabji, after Schulze didn't tell the board that former CEO Brian Dunn was having an inappropriate relationship with a female employee.
From Politics & Policy May 11
The Spanish government agreed Friday to an independent audit of the holdings of its banking sector, as requested by the European Union. It also said that banks would be required to set aside more cash in the face of losses from toxic loans, as the country's economy teeters from high unemployment and weak economic output, and also offered high-interest loans for weaker lenders.
From Economy May 11
The Goldfield Corporation (NYSE Amex: GV), the U.S. southeast electric construction company, said Friday revenue nearly doubled in the quarter ended March 31 as construction activity increased.
From Economy May 10
Freddie Mac (OTC: FMCC), the second-largest U.S. mortgage guarantor, said Thursday it was appointing Donald Layton, the former head of E*Trade as its CEO.
From Politics & Policy May 10
The U.S. government had a budget surplus of $59.1 billion in April on increased tax revenue and spending cuts, the first surplus in more than three years, the Treasury Department said Thursday.
From Economy May 10
Fragrance maker Coty Inc. increased its bid to buy troubled Avon Products Inc. (NYSE: AVP), the world's largest direct sales beauty company, to around $10.7 billion on Thursday, putting more pressure on Avon's board to negotiate.
Facebook Share Price Increases as High Demand Closes IPO Orders Early
iOS 5.1 Untethered Jailbreak: Pod2g Jailbreaks iPad 3 Untethered; Release Just 'Weeks Away' [VIDEO]
Apple Files Complaint Over iPhone5.com Domain: Will It Name Next iPhone 'iPhone 5'?
Rihanna To Chris Brown: I Don't Need You, 'I Can Turn A Square Into A Bi,' Posts Revealing Photo Online
32 Key Earnings Reports To Watch This Week, May 7 - 11We value your privacy. Your email address will not be shared.
