Charles Schwab Corp (SCHW.N) on Thursday completed its $1 billion deal to acquire optionsXpress (OXPS.O), expanding its options and futures reach at a time when other brokerage sectors have stalled.
Longer-term, the CVS story remains enviable: CVS has helped transform the drug store sector from a neighborhood-oriented, proprietor-owned sector in to a methodical, scalable, profitable corporate business model.
Ford Motor Company's momentum continued in August, as sales increased 11 percent last month. Ford's resurgent Lincoln brand saw August sales increase 25 percent. Ford's August sales totaled 175,220. Ford brand sales were up 16 percent, paced by utilities (up 49 percent), as Ford's Escape sales were (up 39 percent) and sales of the company's new Explorer were up 300 percen
Gasoline gained in West Coast markets on Wednesday after a U.S. government report showed the regional gasoline inventory fell nearly 1 million barrels last week, traders said.
Golden Star Resources said it has resumed mining at its Pampe gold deposit in Ghana, a move that will help increase overall production and slash cash operating costs at the Bogoso/Prestea mine in the region.
The chief executive of Bank of New York Mellon Corp. Robert Kelly was fired on Wednesday reportedly because of his “abrasive” personality and management style.
Bank of New York Mellon Corp. chief executive officer Robert Kelly was fired for an abrasive management style, according to CNBC.
Wedding dress maker Priscilla of Boston, known for crafting Grace Kelly's wedding dress in 1965, will close its doors this year in an effort to expand parent company, David's Bridal.
There's a story you may have heard today. It's about Apple's iPhone 5, and how a prototype of the product supposedly got left in a bar. The story goes that an Apple employee left his prototype for the iPhone 5 in a tequila bar in San Francisco, since a similar situation happened with the iPhone 4 last year.
An iPhone 5 was somehow lost at a bar, Venus Williams has Sjogren's Syndrome, Obama pushed back his job speech, and more in today's Daily Scoop.
Hedge fund Diamondback Capital Management, which had been embroiled in the government's insider trading case, has agreed to pay back roughly $1 million to settle an insider trading case, according to a court filing released on Wednesday.
Hurricane Irene may heap billions of dollars of extra costs on the already fragile U.S. economy, but insurance companies are likely to emerge relatively unscathed.
Solar start-up Solyndra LLC, succumbing to pressure from lower-cost Chinese rivals, said it has suspended operations and plans to file for bankruptcy, 15 months after President Barack Obama visited a company factory that was to be expanded with the help of a federal loan guarantee.
Trust Company of the West rested its court case against its former chief investment officer, star bond fund manager Jeffrey Gundlach, in the high-stakes trial that has drawn the attention of the financial services industry.
Exxon Mobil Corp and Rosneft on Monday announced a deal to extract oil and gas from the Russian Arctic, marking a significant milestone in Russia's patchy history with foreign corporate investors.
A failed listing attempt by the operator of an ancient Chinese water town has reignited a kind of Buddhist versus capitalist debate over the merits of marrying cherished cultural and natural heritage icons with profit-minded capital markets.
A ConocoPhillips subsidiary, an oil spill by which polluted 5,500 square kilometres of water in China's northern Bohai Bay, said it had already sealed off the leaks ahead of an Aug. 31 deadline.
Japanese trading house Itochu Corp said on Wednesday it will acquire 30 percent of Shandong Ruyi Group for roughly 15 billion yen ($200 million) , as it looks to expand in China's clothing sector.
Beijing Jingyuntong Technology will raise 2.52 billion yuan ($395 million) from an initial public offering in Shanghai after setting the price at over 50 times its historic earnings.
Talks resumed Wednesday between Verizon Communications and the unions representing 45,000 landline workers. Unease is said to be growing among many workers, however, who don't think they should have gone back to work.
When faced with a ticket sales dilemma for its football program, the Maryland Terrapins took a creative route -- selling the tickets on Groupon.
While snagging a deal is not a new concept, it seems lately that daily deal discount Web sites like Groupon dominate the Internet. Here is your guide for the top 12 best daily deal, Groupon alternative, Web sites.
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.
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.
HP's TouchPad debacle just keeps going, and going, and going. The launched the product with big hopes and promises, then seven weeks later they killed it with barely an explanation at all. Discounted to $99, the TouchPad became the hottest tech gadget around for one week, until it sold out. Now, HP is back again, seemingly unable to let go of the TouchPad it created and then walked away from so quickly like it wanted nothing to do with the tablet at all. The latest: HP's statement today on...
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.
Small U.S. businesses in July moderated what had been a blistering pace of borrowing, held back by uncertainty over U.S. economic growth and the debt crisis.
U.S. authorities are investigating whether business software maker Oracle Corp.'s deals in Africa violated federal anti-bribery laws, the Wall Street Journal reported, citing sources familiar with the matter.
Bloomberg LP lost a bid to dismiss a lawsuit by Swatch Group AG that accused the news service of secretly recording an earnings conference call with securities analysts and giving a transcript to clients.
Bank of America Corp is looking to sell its correspondent mortgage business and the unit's employees could be notified as soon as Wednesday, the Wall Street Journal said, citing people familiar with the matter.
