Hertz Global Holdings Inc is back in the market for smaller car rental firm Dollar Thrifty , offering close to $2.1 billion as it looks to bump a rival bid from Avis Budget that has struggled to win regulatory clearance.
George Speranza, the operator of a marketing company that created and published Internet websites, has pleaded guilty to a perjury charge and admitted that he gave false testimony before the U.S. Securities and Exchange Commission (SEC) in connection with the SEC's investigation of Spongetech Delivery Systems, Inc.
Pakistan Prime Minister Yousuf Raza Gilani addressed his country's Parliament on the Osama bin Laden operation in Abbottabad.
The Silver Price rallied to $38.00 at Monday's London Fix – rising over 11% from Friday lunchtime's Fix – before also slipping back to trade 26% below late April's 3-decade record.
Lakeland-based Francois Piedrahas been sentenced to 15 years in federal prison for distribution and possession of child pornography, followed by a life term of supervised release.
A former employee of the Texas Department of Public Safety (DPS) has pleaded guilty along with her four co-conspirators to unlawfully providing Texas driver’s licenses for cash, United States Attorney José Angel Moreno said.
The U.S. government has requested access to the three widows of Osama bin Laden in order to probe the depth and extent of support the former al-Qaeda terror chief may have received from Pakistani security and intelligence officials.
U.S. stocks were set to open slightly higher on Monday after posting heavy losses last week as a bounce-back in commodities was overshadowed by concerns over European debt.
Munich Re posted a smaller-than-expected net loss in the first quarter as its tax bill fell in the wake of devastating earthquakes in Japan and New Zealand.
McDonald's Corp posted a 6 percent rise in April sales at established restaurants, helped by price increases that mitigated the impact of higher costs for beef and other ingredients.
U.S. stock index futures rose on Monday as commodities and the euro bounced back from last week's hefty losses.
The Prime Minister of Pakistan will address Parliament today to discuss in detail the U.S. commando raid which killed Osama bin Laden, amidst swirling accusations that Islamabad has been harboring the al-Qaeda terror chief for many years.
The growth outlook in major industrialized nations is diverging with activity improving in North America, China and Russia and moderating in most European countries, the OECD's leading indicator for March showed on Monday.
Oil rebounded by more than $4 on Monday, helped by a weaker dollar as the euro strengthened and bargain hunting by traders and investors after Brent crude lost almost $17 last week.
Wedbush Securities said that among the companies it covered in Life Sciences this week Chelsea Therapeutics International Ltd. (NASDAQ: CHTP) and Pacira Pharmaceuticals Inc. (NASDAQ: PCRX) are reporting earnings.
Top global miner BHP Billiton sees the global economy remaining fragile in the near term and warned that economic growth could slow in the medium term, echoing recent comments from rival Rio Tinto .
Iran's Intelligence Minister Heidar Moslehi said his government has reliable information that Bin Laden died of illness long before the Operation Geronimo on May 1.
Probably the most expensive manhunt in history has ended with the U.S. Navy SEALs storming the hideout of terror ring leader Osama Bin Laden and killing him. But now a multi-million-dollar question remains. And that is essentially about the millions of dollars the U.S. government had promised to give to anyone who decisively helped find the fugitive.
Oil rebounded on Monday, up over $3 helped by a weaker dollar, rising Asian equity markets and bargain hunting by traders and investors after Brent crude lost over $16 last week.
Concern about plans for a fundamental review of the bailouts given to Europe's high debtors dominated debt markets on Monday although the euro itself rose, rebounding from recent sharp losses.
Rovio, the developer of the Angry Birds mobile game eyes an initial public offering in three to four years, its chief marketing officer was quoting as saying in a Finnish business daily on Monday.
After all the angst over pricey oil and the threat it posed to the global economy, it is hard to see the recent slide as anything but a welcome reprieve.
