What could be the biggest U.S. IPO week in 18 months, expected to raise up to $9.1 billion, took shape on Monday after Spanish bank Santander , insurance risk specialist Verisk Analytics Inc and biotech Omeros Corp set terms of initial public offerings next month.
The head of chocolate maker Cadbury PLC, which is facing a possible takeover by U.S. food giant Kraft Foods Inc, said there were some complementary elements in the two companies' portfolios, according to a Wall Street Journal report.
Microsoft Corp's new Bing search engine continued to take share from Google Inc, grabbing 9.3 percent of the U.S. Internet search market in August, according to data released on Monday.
Spain's biggest bank Santander could raise about 13.13 billion reais ($7.3 billion) by listing 16.2 percent of its Brazilian unit in the Latin American country's biggest ever initial public offering.
Microsoft Corp's new Bing search engine continued to take share from Google Inc, grabbing 9.3 percent of the U.S. Internet search market in August, according to data released on Monday.
President Barack Obama insisted he can overhaul the U.S. healthcare system without raising taxes for anyone but the wealthiest Americans, in a media barrage on Sunday as he sought to take control of the debate on his top domestic policy priority.
The United States will urge world leaders this week to launch a new push in November to rebalance the world economy, but there are doubts national governments will bow to external advice.
Bank of America failed to meet a Monday deadline to hand lawmakers further details about its acquisition of Merrill Lynch and faces the possibility of new charges from U.S. securities regulators.
Dell Inc plans to buy Perot Systems Corp for about $3.9 billion, paying a steep 67.5 percent premium to expand its technology services business and compete with Hewlett-Packard Co and IBM.
French media company Vivendi SA will decide whether to unload its 20 percent stake in NBC Universal by early December, setting the stage for a sale that may draw far more headlines than bidders.
President Barack Obama will deliver his first speech to the U.N. General Assembly on Wednesday and lay out his foreign policy vision.
U.S. phone companies may be forced to open their wireless networks to rival Internet services like Skype and Google Voice under a proposal brought out by the top telecom regulator to safeguard so-called Internet neutrality.
Bank of America Corp will end a nine-month old, $118 billion asset-guarantee program with the U.S. government, paying a $425 million exit fee, the company announced on Tuesday.
Insurance risk assessment specialist Verisk Analytics Inc on Monday set the terms of its initial public offering, saying it expects the offering to yield $1.7 billion in what could become the largest U.S. IPO in a year and a half.
Three companies backed by major investment firms plan initial public offerings this week to take advantage of distressed commercial real estate, but they face stiff competition and major risks if the market takes a long time to recover.
U.S. phone companies may be forced to open their wireless networks to rival Internet services like Skype and Google Voice under a proposal brought out by the top telecom regulator to safeguard so-called Internet neutrality.
Bank of America Corp failed to meet a Monday midday deadline to hand over further details about its acquisition of Merrill Lynch to a congressional investigative committee, a panel spokeswoman said.
Spain's biggest bank Santander could raise about 13.13 billion reais ($7.3 billion) by listing 16.2 percent of its Brazilian unit in the Latin American country's biggest ever initial public offering.
A measure of the U.S. economy's prospects scaled a 1-1/2-year high in August but a record rise in home loan defaults cast doubts on the durability of the apparent recovery from recession.
President Barack Obama's multitasking abilities will be tested this week as he juggles war, diplomacy and finance on a high-profile world stage along with the American public's top concern: the U.S. economy.
Gabrielle Coco Chanel didn't just make beautiful clothes, she also advanced women's rights, says actress Audrey Tautou, who portrays the pioneering French fashion designer in a new film about her early life.
A major exhibition on Renoir opening in Paris this week aims to bring a new perspective to the later works of the French master as his art evolved from the sun-dappled Impressionist style that made his name.
