The sudden death of star dealmaker Bruce Wasserstein on Wednesday has sparked questions about whether the magazines he nurtured will survive in their current form without him.
Daimler AG's Mercedes-Benz Cars premium auto division expects year-on-year sales growth to resume soon, the division's chief operating officer told Reuters on Friday.
The world's largest fish farmer, Marine Harvest Group, said on Friday it may pay a dividend based on good 2009 results, and that it expected the market to improve in 2010.
Halliburton Co , the world's second-largest oilfield services company, reported a 61 percent drop in quarterly net profit on Friday as a slump in natural gas prices kept many North American drillers on the sidelines.
Citigroup Inc is considering listing its Brazilian or Latin American units to raise cash for expansion, Valor Economico newspaper said on Friday.
General Electric Co reported a 42 percent drop in profit, as a global economic slump hammered its hefty finance arm and eroded demand for the heavy equipment it manufactures.
No. 1 toy maker Mattel Inc reported a lower quarterly profit on Friday, as a weak economic environment pulled down sales of Barbie dolls and Fisher-Price toys.
U.S. authorities charged 41 people in a suspected mortgage fraud scheme that cheated lenders out of more than $64 million on New York state properties, prosecutors said on Thursday.
Morgan Stanley started coverage of U.S. refiners with an in-line view, saying that drawing down of distillate inventories due to cold weather, tightening of excess capacity and economic recovery will combine to improve crack spreads, but the recovery will be long and slow.
General Motors Co has set its turnaround plan on the assumption that it can maintain slightly more than 19 percent of the U.S. market, board member Stephen Girsky said on Thursday.
U.S. mortgage rates rose for the first time in four weeks but remained below 5 percent, a key level that may spur home loan demand and help the hard-hit U.S. housing market recover.
CVS Caremark Corp (CVS) said on Thursday its seasonal flu-shot clinics will run through Oct. 22, less than three weeks after the official start of the influenza season, due to manufacturer delays in delivering flu vaccine.
Walmart.com is cutting the prices of popular books even before they hit store shelves.
Garth Brooks, the best-selling solo musician in U.S. history, said on Thursday he was coming out of retirement and was expected to announce an extended concert run at the Wynn Las Vegas casino and hotel.
Toyota Motor Corp (7203.T) said on Thursday its car sales in China in September rose 45 percent from a year earlier to a record monthly high of about 72,000 vehicles as stimulus policies bolstered consumer confidence.
Hundreds of workers at General Motors Co GM.UL's Thai assembly plant ended a 10-day strike on Thursday after settling a pay dispute with the management, the U.S. auto maker said in a statement.
Bajaj Auto (BAJA.BO) said on Thursday its net profit more than doubled in the September quarter, beating forecasts, and India's second-largest motorcycle maker said it saw strong sales growth in the next six months.
U.S. clothing chain Gap Inc plans to open its first store in China next year as it seeks new international opportunities to counteract a protracted domestic sales slump at its main brand.
Citigroup Inc posted a quarterly per-share loss as it suffered $8 billion of credit losses, raising questions about when the bank can return to sustained profitability.
Hedge funds and private equity could face more than 3 billion euros of costs while investors could see fund choice shrink by up to 40 percent due to proposed new EU rules, a Financial Services Authority report said.
Travel reservations giant Amadeus has hired a trio of banks as global bookrunners for a planned initial public offering (IPO) next year, people familiar with the matter said on Wednesday.
Dry shipper Genco Shipping & Trading Ltd has filed plans to take a recently formed subsidiary public in an offering of up to $230 million.
Exchange operator Nasdaq OMX said on Wednesday it will launch a third trading venue that caters to listings that fall below the standards of its main Nasdaq Stock Market and other markets.
Private equity houses, including U.S. firms Blackstone and KKR, are showing greater flexibility in approaching target assets as they face more pressure to deploy their capital, an M&A banker said.
Investors holding 24 percent of shares in videoconferencing firm Tandberg snubbed a $3 billion bid from Cisco Systems Inc, raising prospects of a higher offer from the U.S. network equipment maker.
Banking group OCBC clinched a deal to buy Dutch-based ING Group NV's private banking unit in Asia for $1.5 billion in a deal which would elevate it to Singapore's second-ranked bank by assets.
RHJ International is to buy UK wealth management unit Kleinwort Benson from Commerzbank for 225 million pounds ($359.5 million), the latest in a flurry of private banking sales.
Miner Xstrata Plc has given up its pursuit of rival Anglo American, it announced on Thursday, leaving Anglo to push ahead with its own restructuring plan and raising questions about whether Xstrata will revisit former target Lonmin.
Supermarket chain Safeway Inc posted quarterly profit that beat Wall Street expectations as it cut costs to help counteract declining food prices, sending its shares up nearly 8 percent on Thursday.
One American industry is booming amid the slump and job losses: mortgage rescue scams that prey on homeowners in financial straits.
