The services sector expanded at its fastest pace in a year in February, helped by a gain in new orders and as the housing market shows signs of stabilizing.
El Paso Corp delayed a shareholder meeting for voting on the pipeline company's roughly $23 billion acquisition by rival Kinder Morgan Inc to give investors more time to consider a judge's ruling that criticized some of the deal's participants.
Greece has recalled its warship from the European Union's anti-piracy task force in the Indian Ocean to save money as it struggles to meet fiscal targets set by international lenders in return for a bailout package.
Only a dire situation would call for the Federal Reserve to buy more assets, and that is unlikely given the better-looking economic data, a top central bank official said on Monday.
The basic materials and energy sectors led stocks lower on Monday after China, the world's second-largest economy, cut its growth target for 2012.
The owners of the New York Mets baseball team on Monday lost their bid to end a $386 million lawsuit brought by the trustee seeking money for victims of Bernard Madoff's fraud.
The U.S. Internal Revenue Service's new software system for handling electronic tax returns has experienced problems during the tax filing season, angering some taxpayers whose refunds have been delayed.
Stocks fell on Monday, dragged lower by the basic materials and energy sectors after China, the world's second-largest economy, cut its growth target for 2012.
Stocks fell on Monday, dragged lower by the basic materials and energy sectors after China, the world's second-largest economy, cut its growth target for 2012.
Yahoo Inc's new chief executive is preparing a significant restructuring of the Internet company, including layoffs that could cut thousands of employees from its payroll, according to a technology blog.
The pace of growth in the U.S. services sector unexpectedly picked up in February to its highest level in a year, according to an industry report released on Monday.
The European Central Bank is likely to signal on Thursday that it has done all it intends to do to fight the euro zone crisis, putting the onus back on governments after cutting interest rates and flooding the market with cash in recent months.
Major holders of Greek government debt said on Monday they will take part in a bond swap plan.
Apple loves big surprises, and there's a great chance that the iPad 3 unveiling will also showcase some new, unexpected products and services to launch in the near future. Here's what Apple might have in store for fans come Wednesday.
Stocks extended losses on Monday as data showing a decline in European private sector activity last month and a reduced target for China growth renewed concerns about the global economy, while a drop in Apple shares hit the Nasdaq.
The euro zone is out of the emergency ward, but it may face a chronic debilitating illness rather than a rapid convalescence.
Major holders of Greek government debt said on Monday they will take part in a bond swap plan.
New orders for factory goods dropped in January by the most in over a year and businesses cut orders for new capital goods, suggesting one of the drivers of the economic recovery faltered at the start of the year.
Wall Street stocks eased on Monday after data showing a decline in European private sector activity last month and a reduced target for China growth gave investors reason to pause.
Pork donuts may not be palatable to Americans or Europeans, but the parent company of Dunkin' Donuts and the Baskin-Robbins ice cream chains is catering to local tastes in China, where it aims to open another 100 stores in the next two to three years.
American International Group is selling part of its stake in AIA Group to raise about $6 billion to help the U.S. insurer repay a huge federal government bailout.
Stock index futures eased on Monday after data showing a decline in European private sector activity last month and a lower target for China growth gave investors reason to pause.
The $64 billion global video games industry, shaken up by the likes of Zynga in recent years, may be on the verge of another identity crisis.
Euro zone shoppers increased spending in January, a surprise after four months of falls but economists said a quarterly reading that smoothes over the data still showed a large decline.
The European Commission moved one step closer on Monday to forcing companies to increase the number of women on their boards with a consultation on imposed quotas that could prove divisive among some member states and industry bodies.
Stock index futures fell on Monday after data showed Europe's private sector activity declined last month and China cut its growth target, reigniting concerns about the strength of the global economy.
European Commission President Jose Manuel Barroso said on Monday he was confident Spain would fulfill its EU budget discipline commitments despite setting itself a softer 2012 deficit target than originally planned.
Chinese Premier Wen Jiabao cut his nation's 2012 growth target to an eight-year low of 7.5 percent and made boosting consumer demand the year's first priority as Beijing looks to wean the economy off its reliance on external demand and foreign capital.
American International Group is selling part of its stake in AIA Group to raise about $6 billion to help the U.S. insurer repay a huge federal government bail-out.
Terrafugia's Transition Roadable Aircraft has 23-gallon petrol tank, range of 400 miles and costs $279,000.
