COMPANIES

Hong Kong-listed shares of China Construction Bank Corp, the world's No.2 lender, rose more than 4 percent on Tuesday after news that Bank of America Corp will sell about half of its stake in the Chinese lender.

The United States was a net exporter of solar energy products last year, thanks to strong demand from China, Germany and Japan for U.S.-made polysilicon and capital equipment used to make solar panels.

Star bond fund manager Jeffrey Gundlach was in discussions to leave Trust Company of the West and succeed Bill Gross at Pacific Investment Management in 2009, according to court testimony.

Shaanxi Coal Industry won approval from the China Securities Regulatory Commission (CSRC) for its potential 17.3 billion yuan ($2.7 billion) initial public offering in Shanghai, the CSRC said on Monday.

Zurich Financial does not plan to cut its 15 percent equity stake in China's third-largest life insurer, the Swiss insurer's chief executive said on Monday.

Chinese photovoltaic equipment maker Beijing Jingyuntong Technology has set an initial public offering price at 50 times its historic earnings, boosted by demand from the country's push for solar energy.

Air China , the country's flag carrier, said on Monday that it had won regulatory approval to engage in fuel hedging, adding it will enter contracts when oil price volatility decreases.

China's Internet television company Youku.com Inc said it had entered into an agreement with DreamWorks Animation SKG Inc for online distribution of KungFu Panda franchise films in mainland China.

Amazon is preparing to take on Apple's iPad in a head-to-head battle that promises to get interesting soon -- as soon as Amazon launches its new tablet, possibly as early as October. If you thought the discontinued TouchPad's brief success as a $99 fire sale product as the first realistic competitor to Apple's iPad was interesting, you haven't seen anything yet. Amazon has shown the company can be successful with a mass consumer tablet-like product -- the Kindle e-reader.

With U.S. job growth sluggish, renewed European debt concerns, and now the damage caused by Hurricane Irene, it’s not surprising that cautious investors are reluctant to deploy additional capital to stocks. However, one moderate-risk way to commit new money to equities is to consider stocks that also pay a decent dividend, and here are three options.

LDK Solar Co Ltd suffered a quarterly loss as a sharp drop in solar wafer prices forced it to write down millions of dollars in inventories, but forecast revenue for the current quarter above estimates on stabilizing prices.

Bank of America shares rose more than 6 percent after the banking company announced it agreed to sell Chinese Construction Bank Corp.

Chick-fil-A is giving away free breakfast entrees from September 6-10 for people who book online now.

Are angry Netflix customers upset over the company's price hike last month turning to Wal-Mart's Vudu? One subscription service shows Wal-Mart's Vudu is gaining momentum, fast.

Social gaming company Zynga is delaying its IPO, according to a report.

Chick-fil-A is giving away free breakfast entrees from Sept 6 to 10 if you make a reservation now.

After finding out that I'd finally get my hands on the 2011 Chevrolet Volt -- but during the weekend of Hurricane Irene's assault on the East Coast -- major concerns filled my head.

Apple's board of directors has moved to lock in new CEO Tim Cook through mid-2021 by awarding him one million share of company stock. Cook is replacing long-time co-founder and CEO Steve Jobs, who announced his retirement last week. In connection with Mr. Cook's appointment as Chief Executive Officer, the Board awarded Mr. Cook 1,000,000 restricted stock units, Apple said in a filing with the Securities and Exchange Commission (SEC).

A councilman from Fort Bragg, Calif., was shot and killed while investigating a marijuana-growing operation, authorities said.

Conventional wisdom in legal circles has long held that Goldman Sachs (GS.N) might escape further large fines or criminal charges for its role in the 2007-2009 financial crisis after reaching a $550 million settlement with securities regulators in July 2010.

World stocks rose 1 percent and the dollar fell on Friday as Federal Reserve Chairman Ben Bernanke left the door open for future U.S. economic stimulus.

The new head of the IMF on Saturday called on global policymakers to pursue urgent action, including forcing European banks to bulk up their capital, to prevent a descent into a renewed world recession.

The Bank of America (BAC.N) is completing plans to sell over half of its shares in the China Construction Bank (0939.HK), with a group of Asian and Middle Eastern sovereign wealth funds negotiating to buy, the New York Times reported on Saturday.

Hurricane Irene sent East Coast shoppers into stores to stock up on essentials this week, instead of the clothes, notebooks and other supplies that retailers were counting on selling as children get ready to go back to school.

HP killed its TouchPad tablet, but suddenly the company likes its WebOS system.

Hurricane Irene caused as much as $1.1 billion in insured losses in the Caribbean, catastrophe modeling company AIR Worldwide said on Friday, with more expected to come as the storm heads for the U.S. Northeast.

Ronald Gerald Wayne, who founded Apple Computer with Steve Jobs and Steve Wozniak and sold his 10 percent share in the company just after 12 days, revealed the reason for his withdrawal from the Cupertino-based technology leader.

Shaanxi Coal Industry plans an initial public offering in Shanghai to raise as much as 17.3 billion yuan ($2.7 billion) in what could be mainland China's biggest IPO this year.

Volkswagen AG (VOWG_p.DE) plans to sell more than 2 million vehicles this year in China, its single biggest market, it said on Friday after celebrating the 20th anniversary of the founding of a joint venture with China's First Automotive Works (FAW).