MARKETS / FINANCE

Billionaire Warren Buffet's Berkshire Hathaway gained EU approval on Thursday for its $9 billion purchase of Lubrizol Corp .

Gold fell more than 1 percent Thursday, extending the previous session's losses, after the CME Group (CME.O) raised trading margins by the most in more than two and a half years to curb volatility.

The deadline for initial bids in the auction for Hulu was extended from Wednesday until the end of the week to allow interested parties more time to examine the online video site's financial information, according to people familiar with the situation.

Stocks posted strong gains for a second day on Wednesday as investors jumped back into beaten-down financial shares and backed away from safer assets like gold in volatile trading.

U.S. stocks posted strong gains for a second day on Wednesday as investors jumped back into beaten-down financial shares and backed away from safer assets like gold in volatile trading.

The heads of a Congress deficit super committee said on Wednesday most members were reviewing budget-balancing studies of recent years in a sign the panel was unlikely to try to reinvent the wheel.

Google Inc has agreed to pay $500 million to settle a criminal probe into ads it accepted for online Canadian pharmacies selling drugs in the United States, the U.S. Justice Department said on Wednesday.

TiVo Inc, the maker of digital video recorders, said revenue rose 19 percent as it signed new deals with cable operators to use its technology, sending its shares up more than 1 percent.

Stocks rallied for a second day on Wednesday as investors bought beaten-down financial shares and unloaded gold, but tech stocks could fall on Thursday after late news about Apple's Steve Jobs stepping down as CEO.

Steve Jobs co-founder of Apple (AAPL), a visionary, and the driving force behind one of the United States' premiere and most trail-blazing companies in the modern/postmodern era, has had several medical leaves.

Google Inc has agreed to pay $500 million to settle a criminal probe into ads it accepted for online Canadian pharmacies selling drugs in the United States, the U.S. Justice Department said on Wednesday.

If you need to hire Reid Weingarten, your career has probably hit a rough patch.

Monster Worldwide isn't looking so monstrous lately.

A U.S. judge said parts of a false advertising lawsuit can proceed against online coupon distributor Groupon, according to one attorney who attended a court hearing on Wednesday.

The independent Financial Industry Regulatory Authority warned investors Wednesday about investment scams that promote gold stocks whose real value is difficult to calculate.

Large U.S. banks defending themselves against a mass of state and federal mortgage probes face a difficult tactical decision following New York state's exit from settlement talks on Tuesday.

Bank of America Corp shares rose as much as 10 percent on Wednesday after analysts said the bank's capital needs were not as dire as some had feared.

The big price drop Wednesday in the price of gold is not the beginning of a trend, say analysts, but rather a pause in a longer term bull market that has a lot farther to run.

A sweeping U.S. budget deal has brightened the country's fiscal outlook but its gains could evaporate if Congress extends tax breaks in coming years, nonpartisan congressional forecasters said on Wednesday.

New orders for long-lasting U.S. manufactured goods rose in July, offering hope the ailing economy could dodge a second recession even though a gauge of business spending fell.

The co-chairmen of a U.S. congressional super committee on deficit reduction said on Wednesday they are discussing rules and a schedule of meetings for the 12-member panel, but offered no immediate details.

Analysis: What can be taken away from HP's success with the Touchpad?

Gold fell Wednesday in electronic trading as investors took profits, economists heralded a positive indicator and Wall Street held its collective breath that the chairman of the U.S. central bank would signal support in a key speech later this week.

U.S. stocks edged higher on Wednesday, extending the previous day's 3 percent rally, in anticipation the Federal Reserve chief would hint of stimulus measures to aid the struggling economy on Friday.

NFL veteran quarterback Kerry Collins came out of a brief retirement to sign with the Indianapolis Colts on Wednesday, raising further concerns that Peyton Manning might not be ready for the opening game.

If U.S. Federal Reserve Chairman Ben Bernanke needs any more evidence regarding the slowdown in the U.S. economic recovery, he need look no further than U.S. housing prices, which have fallen for 17 consecutive quarters

Hedge funds run by sophisticated computer programs are profiting from large falls in stock markets and a rocketing gold price this month, even as funds managed by human beings struggle to cope with high market volatility.

Google Inc will pay $500 million to settle government charges that it showed ads for pharmacies that operate illegally, regulators are expected to announce on Wednesday, according to a report in the New York Times.

A former Moody's Investors Service analyst who bolted for India and cannot be found was ordered to pay $34.56 million in a U.S. Securities and Exchange Commission lawsuit over his alleged illegal insider trading.