The Supreme Court on Thursday revoked all 122 telecoms licences issued under a scandal-tainted 2008 sale, a fresh embarrassment for the government and plunging the mobile network market of Asia's third-largest economy into uncertainty.
Football fans looking for a sneak peek at The Dark Knight Rises or The Amazing Spider-Man on Sunday are in for a disappointment.
The favorite to win Mexico's presidential election this July said on Wednesday the country must favor local investors over foreign competitors in strategic sectors of the economy, including telecommunications.
JPMorgan Chase & Co has agreed to drop almost all of a $710 million claim against Lehman Brothers Holdings Inc's bankruptcy estate, freeing up more money to be distributed to creditors, Lehman said on Wednesday.
Mort Zuckerman, the venerable real estate developer and media mogul, has a taste for urbanism. He attributed the strong fourth quarter and 2011 for his real estate investment trust Boston Properties, Inc. (NYSE:BXP) to its focus on major cities.
Shares of London-based Hochschild Mining closed Wednesday up 5.91 percent to £523.50 ($829.24), solidly outpacing the rise in the price of silver.
Gold rose on Wednesday as the dollar slipped against the euro and on strong global manufacturing data, while analysts said profit taking could pressure the precious metal after its biggest January gain in 32 years.
Romney has shown a propensity for making tone-deaf statements that remind voters of his immense wealth and corporate background. Here is a list of the five most cringe-worthy.
In an e-mail reply to a fan, Apple CEO Tim Cook said that the company's newest hire, senior VP of retail John Browett, was the best by far among the candidates eligible for the position.
Amazon.com Inc's shares slid 12 percent in early trade on fears that heavy spending would hurt the retailer's profits even as revenue growth falls short of Wall Street expectations.
Gold prices rose Wednesday, at one point topping the $1,750 mark, but generally stayed within a narrow range in the absence of any single dominant factor.
The top aftermarket NYSE gainers Tuesday were: Molina Healthcare, Brunswick, W.R. Berkley, Manitowoc Co and Gafisa SA. The top aftermarket NYSE losers were: Unisys Corp, Medical Properties Trust, Oasis Petroleum, Skilled Healthcare Group and E-Commerce China Dangdang Inc.
Hotel companies and real estate firms are optimistic that U.S. deal transactions will pick up this year despite concerns about Europe's economy and challenges in obtaining debt financing.
Amazon.com warned of a possible operating loss in the first quarter following a sharp drop in fourth-quarter profits, a sign that the online retailer is continuing to spend heavily on expansion and new ventures at the expense of shorter-term profits.
A leading indicator of the state of global industry -- whose biggest dips in the past have come just before the world economy fell into recession -- is dropping like a lead anchor. Some savvy market forecasters are saying this should be sounding alarm bells. But what do the experts who actually work in shipping have to say?
Venture capital fund Andreessen Horowitz raised $1.5 billion for a new fund, bringing the firm's assets under management to $2.7 billion and cementing the firm's position among the venture-capital elite.
Within days, Facebook is expected to file for an initial public offering with the U.S. Securities and Exchange Commission, for the first time doing a public financial strip tease.
The U.S. Pension Benefit Guaranty Corp, which has responsibility for insuring certain benefits under private defined benefit pension plans, said on Tuesday it believes American Airlines will seek to terminate employee pensions in bankruptcy.
The U.S. Pension Benefit Guaranty Corp, which has responsibility for insuring certain benefits under private defined benefit pension plans, said on Tuesday it believes American Airlines will seek to terminate employee pensions in bankruptcy.
Bank of America Corp is shaking up the leadership of its investment bank as it looks to find its footing in a difficult market environment.
Facebook is preparing to launch their historic initial public offering as soon as this week, with public sales of stock expected to begin in April. Facebook's IPO will be the largest ever at $10 billion; six times larger than Google's, whose IPO was $1.64 Billion in 2004.
Apple has selected John Browett to be the company's new senior vice president of retail, replacing Ron Johnson, who left Apple in June 2011 to become CEO of J.C. Penney. So who is Apple's new retail head?