Big venture firm raises the networking stakes
Andreessen Horowitz, a three-year-old venture capital firm, has made a big mark in Silicon Valley partly through the sheer scale of its endeavors, with big funds totaling some $2.7 billion and big investments in high-profile companies including Facebook, Twitter, Zynga and Groupon.
BMW recalls 1.3 million cars worldwide
BMW AG , the world's largest premium carmaker, is recalling about 1.3 million cars for repair worldwide due to a possible problem with a battery cable cover in the trunk, the carmaker said on Monday.
February business volume up in year, down in month
U.S. companies borrowed more to buy equipment in February than a year ago, though less than in January, and spent mostly for new technology and aging goods replacement, the Equipment Leasing and Finance Association said on Monday.
Wall Street climbs 1 percent as Bernanke comments support
Stock indexes gained 1 percent on Monday after Federal Reserve Chairman Ben Bernanke signaled a supportive monetary policy will stay even as the unemployment rate improves.
Sears loses another high profile executive
Sears Holdings Corp's Chief Marketing Officer Monica Woo left the struggling chain earlier this year after just five months, dealing yet another blow to the retailer as it tries to turnaround its business.
Canada minister signals little concern on Viterra deal
OTTAWA, March 26 - Canada's farm minister highlighted on Monday the global marketing reach of Swiss-based Glencore in the latest sign from Ottawa that it has little appetite for blocking the company's proposed takeover of grain handler Viterra.
Merkel: Greek euro exit would be catastrophic
Greece's exit from the euro would be a catastrophic political and economic mistake that would severely weaken Europe's single currency bloc, German Chancellor Angela Merkel said in a BBC interview broadcast on Monday.
Facebook: Evidence shows NY man's lawsuit is fraud
Facebook Inc urged a federal judge on Monday to throw out a lawsuit by a New York wood pellet salesman who said he deserves half of founder Mark Zuckerberg's stake in the social media company, calling the case a fraud.
Wall Street rallies after Bernanke comments
Stocks rose on Monday, rebounding from last week's decline, after Federal Reserve Chairman Ben Bernanke suggested the central bank would continue supportive monetary policies, even as the unemployment rate improves.
Regulators push for online do not track system
U.S. regulators pushed Internet companies on Monday to adopt a Do Not Track system that would give consumers more control over their personal data online, and asked Congress to pass privacy legislation.
US regulators push for online do not track system
U.S. regulators pushed Internet companies on Monday to adopt a Do Not Track system that would give consumers more control over their personal data online, and asked Congress to pass privacy legislation.
Pending homes sales dip 0.5 percent in February
Contracts to purchase previously owned homes unexpectedly fell in February, suggesting a further pullback in sales as the housing market struggles to regain its footing.
Wall Street gains after Bernanke comments
Stocks rallied on Monday after Federal Reserve Chairman Ben Bernanke suggested the central bank would continue supportive monetary policies even as the unemployment rate improves.
Credit Suisse cuts Safeway on pension cost woes
Credit Suisse downgraded Safeway Inc to neutral from outperform saying the second-biggest U.S. supermarket operator has a larger-than-expected underfunded pension liability.
Stock futures point to higher open after Bernanke comments
Stock index futures pointed to sharp gains at the open on Monday after Federal Reserve Chairman Ben Bernanke suggested the central bank would continue supportive monetary policies even as the unemployment rate improves.
U.S. needs faster growth to lower unemployment: Bernanke
The U.S. economy needs to grow more quickly if it is to produce enough jobs to bring down the unemployment rate, Federal Reserve Chairman Ben Bernanke said on Monday.
Yahoo names three new independent directors to board
Yahoo Inc has appointed three new independent directors as it prepares for a proxy fight with activist hedge fund investor Daniel Loeb.
Australia blocks China's Huawei from broadband tender
Australia has blocked China's Huawei Technologies Co Ltd from tendering for contracts in the country's $38 billion National Broadband Network due to cyber security concerns, Huawei said on Monday.
GM recalls more than 6,000 vans, SUVs over steering
General Motors Co is recalling 6,159 big vans and sport-utility vehicles in the United States for possible loss of steering.
Stock futures higher ahead of Feb home sales data
U.S. stock index futures rose on Monday, pointing to an equities rebound after the S&P's worst weekly performance so far this year, as investors looked ahead to data on February pending home sales.
Fed's Plosser criticizes unfettered asset-buying
The world's central banks should not have unfettered ability to purchase assets because that violates the traditional separation of monetary and fiscal policymaking and can allow governments to inflate away debts, a top Federal Reserve official said on Monday.
Exclusive: RBS halts India tanker payment due to Iran sanctions
NEW DELHI/SINGAPORE - The Royal Bank of Scotland has halted payments to a Greek ship owner which transported Iranian oil for an Indian shipping company, in line with Western sanctions aimed at hindering Iranian crude exports, shipping sources told Reuters.
US Stocks Edge Up On Hopes For Fed Action
Wall Street's gains came after positive remarks on the U.S. labor market by Federal Reserve Chairman Ben Bernanke and upbeat economic data from Germany that offset a soft reading on the U.S. housing market.
EU push for ocean energy set to fall short
Europe's wave and tidal power technology is likely to disappoint EU expectations for 2020 and take over a decade to contribute to energy supply in a significant way, even though it is chalking up rapid growth and drawing in big industrial investors.
Insight: Spain's jobless immigrants take on banks over mortgages
Every Tuesday evening dozens of homeowners who cannot pay their mortgages gather in a cramped community center near Madrid's main bullring to discuss strategy to fight their banks.
Anite signs contract with Thomas Cook, raises profit outlook
Anite Plc said it had signed a multi-year contract with leisure travel company Thomas Cook Group UK Ltd , sending the software firm's shares up about 11 percent.
Stock index futures signal slight gains
U.S. stock index futures pointed to a slightly higher open on Wall Street on Monday, with futures for the S&P 500 up 0.14 percent, Dow Jones futures up 0.2 percent and Nasdaq 100 futures up 0.21 percent at 0813 GMT.
BATS sticks with Europe tech plan after IPO debacle
BATS Global Markets is sticking with a plan to move its Chi-X platform, Europe's largest share trading venue, to its own technology, after a software bug forced the exchange operator to take the embarrassing step of pulling its own listing last week.
Stocks rise in cautious trade after losses
European shares clawed back some gains from last week's losses on Monday and the euro backed off three-week highs as investors traded cautiously ahead of key data this week's including an Italian bond auction and a key German economic sentiment index.
Investors grapple with higher wages in low-cost China
U.S. lawnmower manufacturer Briggs & Stratton is used to worrying about turnover - just not the human kind.
