AT&T, the No. 2 U.S. wireless provider, has won U.S. antitrust approval to buy Centennial Communications Corp on the condition that it sell assets in parts of Louisiana and Mississippi, the U.S. Justice Department said on Tuesday.
The operators of Tavern on the Green, the bankrupt storied restaurant in New York's Central Park, have sued the City of New York for more time to auction off the restaurant's assets.
Ford Motor Co is expanding its massive vehicle recall linked to faulty cruise control switches by 4.5 million vehicles, the U.S. government said on Tuesday.
The U.S. Treasury Department is pushing American International Group to cut big pay incentives it claims were needed to keep staff but which have stoked a controversy over pay at taxpayer-supported firms.
U.S. retail gasoline demand last week rose 2.8 percent from the same period last year, but dropped 2.4 percent week-on-week, according to a MasterCard SpendingPulse report released on Tuesday.
Procter & Gamble Co will introduce more value-priced items, increase its focus on emerging markets and take other steps to ensure growth after a difficult year, its top executives said on Tuesday.
Executives from two of the United States' biggest home mortgage lenders said the nation's housing market is still in a tenuous state despite signs of stability over the summer months.
The United Auto Workers and Ford Motor Co have reached a tentative agreement on contract changes the automaker wants to bring labor costs in line with U.S. rivals, the union and company said on Tuesday.
Wal-Mart Stores Inc's online division said on Tuesday that it is now selling a wide range of personal care items, including diapers, vitamins and over-the-counter medication, for home delivery.
Want a snapshot of the U.S. housing market? Check out a mortgage modification event -- the lending equivalent of speed dating.
Freddie Mac, a dominant provider of housing finance money, sees tough times ahead for the U.S. residential market, even as government programs seek to soften the foreclosure crisis, two top Freddie executives told Reuters.
Italy's Fiat (FIA.MI) car sales in Western Europe in September will increase 14.8 percent from the same month last year, to 106,100 units, the director of research group IHS Global Insight, Pierluigi Bellini, said on Monday.
Dollar Thrifty Automotive Group Inc (DTG.N) said on Monday it would slash its 2010 car rental purchases from Chrysler and that its average fleet costs had stabilized at levels it hoped to maintain next year.
Car sales in India rose an annual 21 percent in September for their eighth straight rise, with industry officials expecting continued robust growth as the economy improves and consumer confidence grows.
Spanish labour unions said on Tuesday no agreement had been reached with Canadian car parts manufacturer Magna over jobs in Spain at the Opel car factory in Zaragoza.
Johnson & Johnson posted weaker-than-expected quarterly revenue on Tuesday as sales of prescription drugs and cardiac stents disappointed, sending its shares down more than 2 percent.
Johnson & Johnson posted weaker-than-expected quarterly revenue on Tuesday as sales of prescription drugs and cardiac stents disappointed, sending its shares down more than 2 percent.
Chinese car sales soared to a record in recent months on government incentives, but the same money tap that turbocharged sales could easily be turned off in 2010 if Beijing frets about an overheating economy.
Brazil's Cetip, Latin America's largest clearing house, anticipates fetching up to 1 billion reais ($576 million) in an offering of stock, underscoring the growing appetite for the nation's booming securities industry among local and foreign investors.
Pebblebrook Hotel Trust, a real estate investment trust, plans to raise up to $402.5 million in an initial public offering to buy high end hotels in major U.S. cities, according to a regulatory filing.
RioCan, the largest real estate investment trust in Canada, is getting closer to a major move into the United States -- even getting RBC Dominion Securities' opinion on a potential deal, the Financial Post reported on Monday.
DBS Group, Southeast Asia's biggest lender, has pulled out of the race to buy ING's private banking unit in Asia, as it did not want to pay a premium for the business, a source with knowledge of the deal told Reuters.
Within weeks of taking office, U.S. President Barack Obama rode to the rescue of homeowners resigned to financial ruin.
Johnson Controls Inc said on Tuesday that it expected higher sales in each of its divisions next year as global auto production recovers, U.S. stimulus efforts pay off and emerging markets improve.
General Motors Co GM.UL may finalize a deal this week to sell a majority stake in its European carmaking arm Opel to a Canadian-Russian consortium, its chief executive said on Tuesday, as the firm sheds unwanted brands.
Domino's Pizza Inc reported a higher-than-expected quarterly profit on Tuesday, boosted by lower interest expense and tighter cost controls.
Japan Airlines Corp plans to ask creditors for 250 billion yen ($2.8 billion) worth of debt forgiveness and debt-for-equity swaps and will also seek 150 billion yen in capital, a source familiar with the matter said.
U.S. agribusiness and trading company Cargill Inc reported a 65 percent drop in quarterly profit on Tuesday, hurt by plunging earnings at fertilizer maker Mosaic Co, in which Cargill is the majority shareholder.
Johnson & Johnson posted weaker-than-expected quarterly revenue on Tuesday as sales of prescription drugs and cardiac stents disappointed, sending its shares down more than 2 percent.
Bank of America-Merrill Lynch has hired Tan Chong Lee, who was last at Goldman Sachs, as its head of Southeast Asia investment banking, two sources familiar with the matter said on Tuesday.
