The Dow and the S&P 500 extended losses to a fourth day on Monday, as investors took their cues from last week's disappointing jobs report, which raised fresh concerns about the U.S. economy's recovery.
The candidates for Egypt's first free presidential elections in decades are set, the deadline having expired at 2 p.m. Cairo time on Sunday, and the final list is a microcosm of the current political and social divisions in post-revolution Egypt.
Microsoft trumped Amazon, eBay and other tech giants with its more than $1 billion purchase of the majority of AOL Inc's patent trove.
The Dow and the S&P 500 extended losses to a fourth day on Monday, as investors took their cues from last week's disappointing jobs report, which raised new concerns about the U.S. economy's recovery.
A federal appeals court on Monday revived the bulk of language-software maker Rosetta Stone Inc's trademark infringement lawsuit against Google Inc.
Mercedes Robinson-Duvallon turned 83 in February, but there was little time for celebration.
Carl Icahn sued Amylin Pharmaceuticals Inc to block enforcement of a bylaw that prevents the billionaire investor from launching a proxy fight that could lead to a sale of the maker of diabetes drugs.
Avon Products Inc named Johnson & Johnson senior executive Sherilyn McCoy to be its new CEO, presenting Coty Inc with another hurdle in its $10 billion bid for the world's largest direct seller of cosmetics.
Stocks fell on Monday but pulled off their lows by mid-session, suggesting the market is shrugging off the weaker-than-expected jobs data that pushed major indexes down more than 1 percent earlier.
Japan's Sony Corp is cutting 10,000 jobs, about 6 percent of its global workforce, the Nikkei newspaper reported on Monday, as new CEO Kazuo Hirai looks to steer the electronics and entertainment giant back to profit after four years in the red.
Stocks fell more than 1 percent on Monday after a much weaker-than-expected report on March U.S. job creation last week.
Japan's Sony Corp is cutting 10,000 jobs, about 6 percent of its global workforce, the Nikkei newspaper reported on Monday, as new CEO Kazuo Hirai looks to steer the electronics and entertainment giant back to profit after four years in the red.
Avon Products Inc named Johnson & Johnson executive Sherilyn McCoy as its new CEO, ending a four-month outside search for a fresh face to refocus the company and turn around sales at home and abroad.
Avon Products Inc named Johnson & Johnson executive Sherilyn McCoy as its new CEO, ending a four-month outside search for a fresh face to refocus the company and turn around sales at home and abroad.
Avion Gold Corp reported a 30 percent rise in first-quarter production at its Tabakoto and Segala projects in Mali, sending its shares up about 20 percent, but said its mill expansion may be delayed as the coup-hit West African country limps back to normal.
Major stock indexes fell more than 1 percent in early trading on Monday, weighed by growth-related sectors, after last week's much weaker-than-expected report on March U.S. job creation.
Gold prices rose more than 1 percent on Monday, recovering from last week's hefty drop after disappointing U.S. jobs data revived hopes for fresh monetary easing and a spike in Chinese inflation boosted appetite for the metal.
Global stocks and crude oil fell on Monday after data released last week showed a sharp slowdown in U.S. jobs growth, raising concerns about the strength of the world's largest economy.
Depending on where you look, Asia's inflation is either benign or stubbornly hot.
Stock index futures traded lower on Monday after last week's much weaker-than-expected report on U.S. job creation for March.
AT&T Inc said on Monday it would sell a 53 percent stake in its Yellow Pages business to private equity firm Cerberus Capital Management LP [CBS.UL}, which will pay AT&T $750 million in cash and take on $200 million in debt.
U.S. stock index futures traded lower on Monday after last week's much weaker-than-expected report on U.S. job creation for March.
U.S. stock index futures traded lower on Monday after last week's much weaker-than-expected report on U.S. job creation for March.
It hasn't been long since Caterpillar Inc looked like the typical resident of the Rust Belt. Having misjudged how deep the U.S. economy would decline, the world's largest maker of construction machinery reduced its workforce by 33,000 people worldwide in 2009, closed plants and posted lower profits.
Qatar's sovereign wealth fund has increased its stake in Xstrata to just over 5 percent, potentially making it easier for commodities trader Glencore to buy the Anglo-Swiss miner.
China's annual inflation rate jumped more than expected in March to 3.6 percent as food prices remained volatile, but economists believe price pressures will moderate over the rest of year, giving Beijing the flexibility to ease monetary policy to support growth.
Qatar's sovereign wealth fund has built a 5-percent stake in Xstrata ahead of the mining giant's planned $41 billion takeover by commodities trader Glencore .
China's annual inflation spiked unexpectedly in March to 3.6 percent driven by rising food prices, data showed on Monday, surprising investors who had bet on cooling price pressures to give Beijing room to ease monetary policy.
Sometimes a little bit of inflation is not such a bad thing. In the United States, prices starting to creep upward shows the deep wounds from the credit crisis are slowly healing and the U.S. economy is well on the road to recovery.
Mike Wallace's death robbed TV news of a unique correspondent who can't be replaced.