Time Warner , and U.S. private equity funds, KKR and TPG , are on a short list of potential buyers of assets belonging to Dogan Yayin , Turkey's biggest media group, sources familiar with the deal said on Wednesday.
Commodity prices fell for a second day in a row on Wednesday, hurt by profit-taking and a stronger dollar and putting pressure on world equity markets.
Stock index futures pointed to a lower open on Wall Street on Wednesday, with futures for the S&P 500 down 0.5 percent, Dow Jones futures down 0.4 percent and Nasdaq 100 futures down 0.5 percent at 1000 GMT (5 a.m. ET).
China's largest offshore oil and gas producer CNOOC plans to invest between 800 billion and 1 trillion yuan ($121-151 billion) over the next five years to boost production and expand overseas.
Seven automobile insurance firms have followed Allstate Insurance Co in suing Toyota Motor Corp to recover money they paid in claims for car crashes blamed on unintended acceleration of Toyota vehicles.
France is heavily involved in industrial espionage against its European neighbors, not China, Russia or the U.S., according to the diplomatic cables leaked by WikiLeaks.
A federal court in Alabama will centralize at least 1,200 civil lawsuits against Pfizer Inc over its smoking-cessation drug Chantix, which plaintiffs say can lead to suicide.
Qualcomm Inc. (Nasdaq: QCOM) is preparing to acquire semiconductor company Atheros Communications (Nasdaq: ATHR), for about $45 per share, or $3.5 billion, according to a report in the New York Times.
Evan Snapper apparently figured that he would help Hillary Clinton get elected president and enjoy an Elton John concert, all at a client’s expense. Federal authorities said that Snapper also knew he was breaking federal election laws, and may now spend five years remembering that concert.
Richmond, Va.-based law firm LeClairRyan has poached on at least 15 Nixon Peabody lawyers, including 5 partners, who will focus on expand upon the firm's capabilities in intellectual property, bankruptcy and commercial litigation practices in the newly established Rochester, N.Y. office.
U.S. banking regulators have authorized lawsuits against 109 bank officials so far as they seek to recover at least $2.5 billion in losses connected to recent bank failures.
Stocks finished mixed, and traders apparently were unimpressed by some good economic data on factory orders and auto sales, while commodities dropped on likely profit-taking.
Gold and Silver Prices both fell as London traders returned to work from the New Year shutdown on Tuesday, dropping over 3 percent from yesterday's highs as world stock markets caught up with Wall Street's strong gains.
Retail gasoline demand fell 12.5 percent last week as Americans took days off work after the Christmas holiday, reducing commutes on the last week of the year, MasterCard Advisors' SpendingPulse report showed on Tuesday.
A top official at the U.S. futures regulator said on Tuesday he was now in favor of a stalled position limit plan, a key turnaround that would allow the controversial rules to advance to the public comment stage.
Hopes for a supermarket recovery have been pushed back yet again while Wall Street rethinks earnings expectations as food costs rise, unemployment remains high and consumer spending stays fragile.
Hopes for a supermarket recovery have been pushed back yet again while Wall Street rethinks earnings expectations as food costs rise, unemployment remains high and consumer spending stays fragile.
While certain members of the FOMC were increasingly confident of an economic recovery in the U.S., they found progress towards achieving maximum employment and price stability to be “disappointingly slow,” according to the minutes of the past Fed board policy meeting in mid-December.
Three men accused of being part of an insider trading conspiracy to leak technology company secrets to hedge funds were allowed to remain free on bail on Tuesday.
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The Federal Reserve felt at its December meeting that the U.S. economy still needed help despite signs of strength, according to minutes released on Tuesday that showed little appetite to trim bond-buying plans.
Minutes from the last FOMC meeting held on Dec. 14, 2010.
