MARKETS / FINANCE

The latest open offer is the second attempt by Diageo to gain a larger stake in the Bangalore, India-based company.

IBTimes talks to Duke professor Campbell Harvey about the financial "nuclear option" that would have severe costs - for both sides.

The sanctions, not specified in the initial vote, will likely include more people under asset freezes and visa bans.

The offer is unsolicited, with Endurance noting that Aspen's board and management have refused the proposal.

The deal will add more than $221 billion in assets to TIAA-CREF's roughly $569 billion in assets under management.

Rather than being single-issue voters with narrow national interests, the survey suggests far-right Eurosceptics share a common set of values.

A U.K. envoy also said there was no doubt that Moscow was behind the destabilization of eastern Ukraine.

Retail sales account for a third of U.S. consumer spending, and a sustained increase bodes well for GDP, earnings and job growth.

Citigroup's quarterly loss on troubled assets eased to $292 million from $798 million a year earlier - and that aided the bottom line.

After last week's volatile sessions, which ended with the markets losing a lot of ground, earnings and economic data should guide markets.

At the end of 2013, Citigroup had reduced its employee count by more than a fifth to 251,000 from 323,000 in 2008.

Twitter may not be as active as it seems.

How to watch the 2014 MTV Movie Awards and red-carpet arrivals online through a live stream.

Though stocks rebounded this week, weaker earnings dragged the stocks down again.

Texas Monthly is suing the New York Times, but not incoming magazine editor Jake Silverstein, as the Times initially claimed.

The former chief China analyst at Deutsche Bank is considered an insider in both the Western and the Chinese financial worlds.

Historically, sustained increases in consumer sentiment lead to increases in consumer spending -- which boosts U.S. GDP.

The IMF has pledged to cover Ukraine's financing needs of $27 billion over the next two years.

The company's lower loan loss provision is yet another data point regarding a growing housing market, and an expanding U.S. economy.

Prices surged 0.5 percent. Economists surveyed by Reuters had expected March producer prices to rise by just 0.1 percent.

Value-buying could stem losses while quarterly earnings of major banks, and data on PPI and consumer sentiment could influence moves.

ComiXology is a popular app on Apple devices and had 180 million downloads of comic books and graphic novels worldwide by mid-2013.

At a hearing in Manhattan federal court, U.S. District Judge Laura Taylor Swain accepted SAC Capital's guilty plea to fraud charges and payment of a $900 million fine.

The taxman took a bite out of U.S. stocks Thursday as investors sold to come up with the taxes due on short- and long-term capital gains.

The largest cement companies in the world announced a deal to merge, leading to antitrust speculation and cement price increases.

Expectations for U.S. company earnings are on a slippery slope down Wall Street.

For Chinese investors, items in the Detroit Institute of Arts collection would be a point of national pride, not just portfolio pieces.

The U.S. said it's taking steps to assist Ukraine, including the provision of emergency finance and technical assistance in energy security.

The offspring of China's elite is taking its clout to the private equity world.