U.S. manufacturer Thomas and Betts Corp
said it has agreed to be acquired by Switzerland's ABB in a $3.9 billion cash transaction.
Carrefour named retail veteran Georges Plassat as its new chairman and chief executive on Monday, seeking to draw a line under months of turmoil at the world's second-largest retailer.
Apple's blowout quarter this week increased its cash holdings to almost $100 billion, a staggering hoard that casts a spotlight on what may prove a big catalyst for the U.S. equity market in coming years.
Asian shares inched down and the euro fell from its highest in more than six weeks Monday, as markets cautiously tuned in to a likely debt swap deal for Greece that is crucial to avoiding a messy default and eyed yet another European summit meeting.
Swiss engineering company ABB
was near an agreement on Sunday to acquire U.S. manufacturer Thomas & Betts Corp for about $4 billion, the Wall Street Journal reported, citing people familiar with the matter.
A four-year-old U.S. boy who announced to his teacher at school snack time that he wanted to share pulled nine bags of marijuana out of his jacket pocket, police said on Wednesday.
Singer Nancy Sinatra may have had boots made for walking, but she never attended Pottstown Middle School.
Gold ticked lower Monday after earlier rising to its highest in more than seven weeks as investors awaited the outcome of Greece's debt deal talks, but sentiment was supported by a firmer euro and lower-than-expected U.S. growth data.
Regulators in Britain and Switzerland may take steps against bank UBS for shortfalls in oversight that allowed an alleged rogue trader to run up a huge loss, the Wall Street Journal reported on Sunday, citing sources familiar with the matter.
Civil rights activist the Rev. Jesse Jackson on Friday urged Grammy organizers to reinstate 31 ethnic and minority musical categories that have been cut from the music industry's top awards.
Survival story The Grey starring Liam Neeson in a battle against weather and wolves led the box office pack with a better-than-expected $20 million in ticket sales over the weekend.
Delivery trucks wear out, computers break down, software becomes outdated -- and finally businesses have to start investing in new equipment. Companies that want to remain competitive have to start spending again as an economy slowly recovers.
Ian Ambercrombie, the classically trained British stage actor best known to American TV audiences as Elaine Benes' nutty boss Mr. Pitt on Seinfeld, died of a heart attack Thursday in Los Angeles. He was 77.
After months of talking and weeks of voting, Hollywood's actors finally name their picks for the best performances in the films and TV shows of 2011 at the annual Screen Actors Guild Awards on Sunday.
Delivery trucks wear out, computers break down, software becomes outdated -- and finally businesses have to start investing in new equipment. Companies that want to remain competitive have to start spending again as an economy slowly recovers.
On the European currency, a mood of short-term relief tinged with longer-term doubt prevails among the world's movers and shakers at this year's World Economic Forum session in the Swiss Alps.
The United Steelworkers union told U.S. refinery workers to prepare to offer safe and orderly refinery shutdowns before a strike that could begin as early as 12:01 a.m. Wednesday, sources familiar with the union's preparations said Sunday.
Swiss engineering giant ABB Ltd was near an agreement Sunday to acquire U.S. manufacturer Thomas & Betts Corp for about $4 billion, the Wall Street Journal reported on its Website Sunday, citing unnamed people familiar with the matter.
Swiss engineering company ABB (ABBN.VX) was near an agreement Sunday to acquire U.S. manufacturer Thomas & Betts Corp (TNB.N) for about $ 4 billion, the Wall Street Journal reported, citing people familiar with the matter.
Iran sent conflicting signals in a dispute with the West over its nuclear ambitions Sunday, vowing to stop oil exports soon to some countries but postponing a parliamentary debate on a proposed halt to such sales to the European Union.
Gunmen bombed a police station Sunday outside Nigeria's second city Kano, the police and witnesses said, leading to an hour of gunbattles in a region plagued by attacks from Islamist sect Boko Haram.
January has turned out to be strong for stocks with just two trading days to go. If you're afraid to miss the ride, there's still time to jump in. You just might want to wear a neck brace.