Having the right products at the right price at the right time helped make Best Buy Co Inc one of the early winners in what was a record start for U.S. retailers to the holiday shopping season.
German car corporation Daimler AG has decided to stop the production of its ultra-luxury Maybach brand due to the introduction of a revamped version of the flagship Mercedes-Benz S-Class by 2013.
Shares of the Chicago-based daily deals site fell once again Friday, closing down 0.88 percent to $16.81. Shares fell as low as $16.20 earlier in the day before the price went up near market close.
After the Thanksgiving break, justices will return to several cases involving broadcasters, pharmaceutical companies and investors.
Gold prices on Tuesday clawed back four days of losses after ratings agencies decided not to punish the U.S. for its inability to cut the national debt.
Stock markets put in gains Tuesday after a heavy session of losses the previous day, though the respite from worries over U.S. and European government debt looked only temporary.
Asian shares edged down Tuesday as fears about the ability of politicians on either side of the Atlantic to tackle huge debt burdens sapped investors' confidence in the outlook for Western economies.
Switzerland could see a deal within the next three to six months to end a long-simmering dispute over how it will hand over data to the United States on wealthy Americans suspected of dodging taxes, Julius Baer CEO Boris Collardi said on Saturday.
A former senior UBS banker who helped the U.S. government expand its crackdown on offshore tax evasion was sentenced to five years probation on Friday for advising wealthy Americans on ways to hide their money from U.S. tax authorities.
Shares in Swiss bank UBS rose on Friday as investors welcomed its pledge to start paying dividends again, though its plans to trim its scandal-hit investment bank failed to go as far as some had hoped.
German travel group TUI AG is going where the world's biggest financial firms have yet to venture.
The top after-market NASDAQ Stock Market gainers are: ChinaCast Education, PriceSmart, Sanderson Farms, Alaska Communications Systems Group, Crimson Exploration, and Cisco Systems. The top after-market NASDAQ Stock Market losers are: Neurocrine Biosciences, Green Mountain Coffee Roasters, Pegasystems, Rovi, OPNET Technologies, and Oclaro.
Credit Suisse will hand over details of wealthy Americans with hidden Swiss accounts to the Swiss government, bringing U.S. authorities one step closer to obtaining names of alleged tax cheats.
Credit Suisse said it has been asked to give account information to the Swiss Federal Tax Administration after U.S. authorities requested Switzerland's help in catching suspected tax dodgers.
Stocks were little changed in choppy trading after being lower on Monday as Europe's debt problems dominated investors' concerns, with the focus heavily on Italy's political turmoil.
Shares of Groupon Inc surged as much as 56 percent on Friday, a solid debut aided by a small number of shares sold, yet still fell short of the first-day performances of recent Internet IPOs.
