NEW YORK

Cadbury Plc investor Mario Gabelli has given further encouragement to Kraft Foods Inc that a bid for the British confectioner could succeed if pitched around 820 pence.

Cadbury Plc investor Mario Gabelli has given further encouragement to Kraft Foods Inc that a bid for the British confectioner could succeed if pitched around 820 pence.

In a crowded ballroom next to a bankrupt casino, what remains of the Detroit property market was being picked over by speculators and mostly discarded.

Cholesterol-lowering statin drugs do not reduce the risk of diabetes and might modestly elevate the chances of developing the condition, researchers found in a pooled analysis of trial data.

The Wasserstein family will not sell New York Magazine, the weekly arts, entertainment and lifestyle title owned by leading investment banker Bruce Wasserstein, who died on October 14.

Oil prices fell from a one-year high on Thursday as a rise in new U.S. jobless claims sent investors seeking safer havens.

Wall Street rose on Thursday, led by financial shares, as insurer Travelers' quarterly profit more than quadrupled.

Oil fell from a one-year high on Thursday as a rise in new U.S. jobless claims sent investors seeking safer havens.

Morgan Stanley reported a better than forecast third quarter profit on Wednesday, helped by strong fixed income sales and trading revenues, ending a string of three straight losing quarters.

The Aussie dollar continued to press higher in Asia yesterday trading marginally above the 93 cent handle following the release of the RBA board minutes with the central bank continuing to send the same bullish signals on interest rates. Support for the high yielding AUD continued throughout European trade with buyers lining up ahead of 0.9250 that was until North American investors entered. Disappointing housing data out of the U.S triggered a flight back into the Greenback and subsequently pus...

U.S. stocks fell on Tuesday as strong quarterly results from bellwethers such as Apple and Caterpillar were offset by disappointing data on housing starts and inflation.

Epic swindler Bernard Madoff's former beach home off the eastern-most point of New York's Long Island sold for $9.41 million, money that will go toward a fund for defrauded investors, the U.S. Marshals Service said on Friday.

American International Group Inc and its former Chief Executive Maurice Hank Greenberg are in advanced talks to settle their legal disputes, the Wall Street Journal reported on Friday.

The sudden death of star dealmaker Bruce Wasserstein on Wednesday has sparked questions about whether the magazines he nurtured will survive in their current form without him.

U.S. authorities charged 41 people in a suspected mortgage fraud scheme that cheated lenders out of more than $64 million on more than 100 New York state properties, prosecutors said on Thursday.

U.S. authorities charged 41 people in a suspected mortgage fraud scheme that cheated lenders out of more than $64 million on New York state properties, prosecutors said on Thursday.

Citigroup Inc posted a quarterly per-share loss as it suffered $8 billion of credit losses, raising questions about when the bank can return to sustained profitability.

Shares of Lazard Ltd dropped nearly 3 percent on Thursday following news that its chief executive, legendary Wall Street deal maker Bruce Wasserstein, had died at the age of 61.

Citigroup Inc posted a quarterly per-share loss as it suffered $8 billion of credit losses, raising questions about when the bank can return to sustained profitability.

Citigroup Inc posted a quarterly per-share loss as it suffered $8 billion of credit losses, raising questions about when the bank can return to sustained profitability.

Citigroup Inc posted a quarterly per-share loss as it suffered $8 billion of credit losses, raising questions about when the bank can return to sustained profitability.