(NEW YORK)Shares of major homebuilders rose Thursday as Congress nears a deal on a rescue package that could help a half million struggling homeowners receive government-backed mortgages.READ MORE
(NEW YORK)This is not a good economy to take a gamble in. Las Vegas has, and it's hurting casino profits. Disney has not, and the "Magic Kingdom" is reaping the winnings.READ MORE
(SAN ANTONIO)Clear Channel Communications Inc. and its prospective buyers are talking with banks to try to settle a dispute over whether the banks must fund promised loans for the $19.5 billion...READ MORE
(NEW YORK)Citigroup Inc.'s new chief executive, Vikram Pandit, plans to stick with a global banking model after months of intense review _ but only after shrinking the company by about one-f...READ MORE
(NEW YORK)Citigroup Inc. said Friday it aims to shed about $500 billion in assets and grow revenue by 9 percent over the next few years, as it tries to rebound from massive losses tied to de...READ MORE
(NEW YORK)Citigroup Inc. said Friday it aims to shed about $500 billion in assets and grow revenue by 9 percent over the next few years, as it tries to rebound from massive losses tied to de...READ MORE
(NEW YORK)Shares of Manitowoc Inc. rose Thursday on news that Enodis PLC accepted a $2 billion acquisition bid from Illinois Tool Works Inc., trumping Manitowoc's earlier offer.READ MORE