Legendary corporate raider Carl Icahn has refused to give up on his pursuit of Clorox, despite the company swiftly rejecting every bid he's made.
Starting September 1, First Class passengers on select American Airlines flights will be offered the new “turndown service” that includes slippers, pajamas and high-end toiletries.
Toronto-based IAmGold Corp. said Wednesday it received $34.2 million for the sale of its Mupane Gold Mine in Botswana to Galane Gold Ltd
AT&T has apparently figured out the key to lawmaker hearts: U.S. jobs. The telecommunications company has committed to bringing 5,000 jobs back to the United States once its proposed merger with T-Mobile USA is approved and finalized. AT&T says the jobs will be in wireless call centers, and will bring back positions that were previously outsourced abroad.
SEI Investments published a report saying fund managers and investors are relieved to see unmistakable signs of a recovery.
Gold and silver prices Wednesday hovered near their previous day's closing prices as traders sorted through a mix of positive and negative economic news.
Gold's high price spurs private individuals to sell jewelry and other personal items made of the yellow metal.
Creating a simulation, which approximates the formation of the Milky Way using a powerful supercomputer, was no cakewalk for the researchers at the University of California, Santa Cruz and the Institute for Theoretical Physics in Zurich. After nine months of effort, at the Swiss National Supercomputing Centre in Manno, Switzerland, the first simulation of the formation of the spiral galaxy Milky Way was created by the researchers, who claim it would have taken 570 years to build the simulation o...
Russian internet investment group Mail.ru raised its full-year revenue growth forecast to 50 percent from 40 percent on Wednesday after sales and profit rose at its social network, online gaming and e-mail activities in the first half.
Stock index futures pointed to a higher open for equities Wednesday, with futures for the S&P 500, the Dow Jones and the Nasdaq 100 up 0.3 to 0.8 percent.
China Mengniu Dairy Co Ltd , the country's top dairy product maker in which China private equity firm Hopu Investment Management owns a stake, on Tuesday posted a 27.6 percent rise in first-half net profit on solid sales growth, pledging to ensure product quality after a series of scandals tainted the industry's reputation.
The initial reaction to Steve Jobs' resignation as Apple's CEO was speculation on just how far Apple's stock price would drop the next day. So just how far could another company, like Berkshire Hathaway, drop when Warren Buffett finally retires?
In a deal announced Tuesday, Exxon will partner with OAO Rosneft, Russia’s state-owned oil producer, replacing British Petroleum in exchange for unspecified assets. Exxon and Rosneft will spend $3.2 billion in the initial explorations of the Arctic and Black Sea, the companies stated.
Top Bank of America Corp lawyers knew as early as January that American International Group Inc was prepared to sue the bank for more than $10 billion, seven months before the lawsuit was filed, according to sources familiar with the matter.
Shares of many large gold-mining companies rose Tuesday in premarket trading as the price of the yellow metal increased and stock market futures indicated a lower open.
Even PIMCO's Bill Gross makes a wrong call every now and then. Gross, manager of the world's largest bond fund noted for calling the housing bubble early on that burst several years ago, feels like crying in his beer for betting so heavily against U.S. government related debt this year.
Stock index futures pointed to a weaker open for equities on Wall Street Tuesday after steep gains in the previous session, with futures for the S&P 500, for the Dow Jones and for the Nasdaq 100 down 0.2 to 0.3 percent.
The top after-market NASDAQ Stock Market gainers are: Universal Display, Cninsure, Leap Wireless International, Exide Technologies, and Sify Technologies. The top after-market NASDAQ Stock Market losers are: Nara Bancorp, Winn-Dixie Stores, Oclaro, Insight Enterprises, and Stratasys.
Lehman Brothers Holdings Inc will ask a bankruptcy judge on Tuesday to let creditors vote on its $65 billion payout plan, a key step toward ending the biggest bankruptcy in U.S. history.
Star bond fund manager Jeffrey Gundlach was in discussions to leave Trust Company of the West and succeed Bill Gross at Pacific Investment Management in 2009, according to court testimony.
China will steadily increase the issuance of urban construction investment bonds but will limit total local government debts at 100 percent of their revenues, the National Development and Reform Commission said on Monday.
Zurich Financial does not plan to cut its 15 percent equity stake in China's third-largest life insurer, the Swiss insurer's chief executive said on Monday.
