South Korea's sovereign wealth fund said it had reinvested $78 million, around half the dividend it received from its $2 billion investment in Bank of America , back in the U.S. bank's shares this year.
World stocks eked out a gain on Monday, stabilizing after the previous four weeks of sharp losses, while Brent crude prices slipped on prospects Libya's civil war will soon end.
U.S. retail gasoline prices fell 2.3 cents to $3.58 a gallon during the last week, the third consecutive drop this month, the U.S. Energy Department said.
More than ninety schools in California are taking advantage of the California Solar Initiative and installing solar projects. The California Solar Initiative is an incentive program to get companies, schools, and homes to switch to solar power. The program gives cash back for installing solar power, California hopes to move the state towards running completely on clean energy, from using a coffee maker in the morning, to opening your garage door, California wants its residents to operate on sola...
Chilean sea bass is not always what it appears to be on store shelves a biologist from Clemson University has found. Some of the fish labeled in shops are not sustainable and some are not Chilean sea bass at all.
Italian oil company Eni led the charge back into Libya on Monday as rebels swept into capital Tripoli, hailing the end of Muammar Gaddafi's rule and warning Russian and Chinese firms of contract revisions.
World number two home appliances maker Electrolux AB (ELUXb.ST), looking to further boost its presence in emerging countries and offset weakness in mature markets, has agreed to buy market-leading Chilean appliance company CTI (CTI.SN).
South Korean trading firm Samsung C&T (000830.KS) said on Monday it was considering taking over independent U.S. oil firm Parallel Petroleum, which a media report said might be worth about $920 million.
Investors were cautious on Monday on the prospect of rivals challenging Peabody Energy's (BTU.N) bid for Macarthur Coal (MCC.AX), though sources familiar with the matter said potential suitor Anglo American (AAL.L) was studying the books.
Private equity firm Apollo Global Management LLC is getting ready to buy discount chain 99-Cent Only Stores , the New York Post said.
Canadian miner Silvercorp Metals Inc said its majority unit agreed to buy a 90 percent stake in two Chinese mining companies for $4.3 million in cash.
Credit Suisse Group (CSGN.VX) will buy the nearly 50 percent stake it does not own of Brazilian investment fund Hedging-Griffo, which the Swiss bank will make its sole asset management platform in Latin America's biggest economy, a local newspaper reported on Monday.
Comcast has dropped the ball in its court offensive against DirecTV's NFL Sunday Ticket package, Comcast announced on its corporate blog Friday.
The euro rebounded on Friday as an early sell-off lost steam on central bank demand and technical buying, although the currency was vulnerable due to fears about euro-zone banks and a gloomy global outlook.
Before the stormy trading of August, many stock investors probably thought death cross was the name of some heavy metal band.
General Motors Co (GM.N) is seeking to dismiss a lawsuit over a suspension problem on more than 400,000 Chevrolet Impalas from the 2007 and 2008 model years, saying it should not be responsible for repairs because the flaw predated its bankruptcy.
A suicide attack at a mosque near Afghan border in Pakistan killed 48 people attending Friday prayers and injured as many as 85.
Officials from the New York City Police said that an officer has been arrested on charges of raping a 25-year-old teacher in an apartment backyard.
California has broken up what it called a ring of law firms that fraudulently induced struggling homeowners nationwide to pay thousands of dollars each to file mass lawsuits against their mortgage lenders.
Oil trading data that exposed the extensive positions speculators held in the run-up to record high prices in 2008 were intentionally leaked by a U.S. senator, sparking broader concern about industry confidentiality as Congress moves on Wall Street reform.
Gold rose 1.5 percent on Friday, setting a record high for a second straight day and heading for its biggest one-week gain in 2-1/2 years on worries about stalled U.S. growth and Europe's debt crisis.
Gold set a record high on Friday on safe-haven buying but commodities rebounded after the U.S. dollar plunged to a record low against Japan's currency on speculation authorities will not halt the yen's surge.
For presidential hopefuls in a campaign that is all about the U.S. economy, the Republican contenders have offered few clear plans for what they would do to get the country's finances back on track.
Mutual funds and other vehicles that purport to help investors fight inflation are the most popular new investment strategy being adopted by corporate retirement plans, according to a new survey released on Thursday.
Gold prices rallied more than 2 percent to a record highs on Friday as investors sought refuge from a second day of hefty losses on the stock markets, hurt by deepening concerns over slowing economic growth and the outlook for euro zone banks.
An ugly sell-off in global stocks gathered pace on Friday, on mounting concerns the U.S. economy is heading into another recession and as some European lenders faced a short-term funding crunch, highlighting the risk of a banking crisis.
The company behind what is expected to one day be the world's largest solar power plant on Thursday said the California project will use photovoltaic technology instead of solar thermal power because of the dramatic drop in the price of solar panels.
Former Blockbuster chairman and CEO John Antioco has been tapped to head Rave Cinemas, the company announced Wednesday, succeeding Charles B. Moss as the company's chairman on September 19.
Trust Company of the West CEO Marc Stern offered to be a sacrificial lamb to keep unhappy star bond fund manager Jeffrey Gundlach at the firm, he testified in court.
The U.S. Justice Department is investigating the rating agency Standard & Poor's over its actions on mortgages leading up to the financial crisis, a source familiar with the matter said on Thursday.