News Corp is expected to sell the troubled social media site Myspace in the next two days, according to a source familiar with the situation.
EBay Inc. announced two corporate governance changes on Tuesday that could give shareholders more of a say in the way the e-commerce company is run.
The plunge in U.S. home prices showed signs of leveling off in April, but worries about unemployment pushed consumer confidence to a seven-month low in June.
The U.S. Chamber of Commerce on Tuesday urged Republicans and Democrats to support what it called a reasonable compromise to move long-delayed trade deals with South Korea, Panama and Colombia.
Some recent red-hot initial public offerings have the Securities and Exchange Commission concerned that Wall Street's underwriters may be tempted to revive some troubling tech bubble practices.
Bank regulators warned banks to be on guard against increasingly clever computer hacking on Tuesday, indicating heightened alert against security breaches that have plagued government and corporate institutions in recent weeks.
French Finance Minister Christine Lagarde on Tuesday was elected the managing director of the International Monetary Fund, maintaining Europe's grasp on the top job at global lender.
A federal bankruptcy judge said on Tuesday investors in feeder funds who lost money in Bernard Madoff's Ponzi scheme do not qualify as customers of the now-imprisoned swindler.
German banks moved closer to participating in a Greek bailout ahead of Thursday's summit called by the German government to discuss private-sector involvement.
Brazil on Tuesday backed French Finance Minister Christine Lagarde as the next head of the International Monetary Fund, aligning itself with other big emerging markets such as China instead of its Latin American neighbors.
Stocks rose for a second day on Tuesday as optimism grew that a solution to the Greek debt problem was near, boosting investor appetite for risky assets as equities recouped some of their recent losses.
Stocks extended gains for a second day on Tuesday as optimism grew that a solution to the Greek debt problem was near, boosting investor appetite for risky assets.
Finance chiefs from the United States and India pledged on Tuesday to continue efforts to open up India's financial, retail, manufacturing and infrastructure sectors to competition but offered no specific measures to boost access for American firms.
New York's highest court revived a lawsuit by several large banks challenging bond insurer MBIA Inc's 2009 restructuring, which they complained was unfair to policyholders.
Anti-austerity protests turned violent in Athens on Tuesday as the European Union warned Greek lawmakers the country faces immediate default unless they back an unpopular economic plan this week.
The drastic plunge in home prices continued to level off in April, hinting at stabilization in the housing market, but job market worries pushed consumer confidence to a seven-month low in June.
Microsoft Corp made its biggest move into the mobile, Internet-accessible world of cloud computing on Tuesday, taking the wraps off a revamped online version of its hugely profitable Office software suite.
French Finance Minister Christine Lagarde is set to be named the IMF's new chief on Tuesday after the United States and leading emerging markets endorsed her, maintaining Europe's grasp on the top job.
French search engine said it had sued Google Inc for 295 million euros ($418 million), alleging the U.S. company used its dominance to thwart rivals.
New York's highest court revived on Tuesday a lawsuit by banks including Bank of America Corp and HSBC Holdings Plc challenging MBIA Inc's 2009 restructuring, which they complained was unfair to policyholders.
Talks to modernize India's financial sector and allow major retailers like Wal-Mart into the country's vast consumer market opened on Tuesday between top U.S. and Indian financial officials.
Endorsements from two leading proxy advisory firms could turn out to be the London Stock Exchange's secret weapon as it bids for the widely held TMX Group , operator of the Toronto Stock Exchange.
Consumer confidence fell in June to the lowest point since November 2010 on concerns about the slack labor market and sputtering recovery, according to a Conference Board report released on Tuesday.
U.S. single-family home prices dipped modestly in April, pointing to signs of stabilization in the battered housing market at the start of the spring buying season, a closely watched survey said on Tuesday.
Stocks rose on Tuesday on optimism the Greek parliament would adopt an unpopular austerity plan, easing concerns about a default, and as the pace of decline in U.S. home prices moderated.
Home prices dipped in April from March, though the pace of decline moderated at the start of the spring buying season, a closely watched survey said on Tuesday.
Stock index futures pointed to a higher open on Tuesday as optimism grew that the Greek parliament would adopt a deeply unpopular austerity plan, easing concerns about a debt default.
The United States formally offered its backing on Tuesday for French Finance Minister Christine Lagarde to take over the top job at the International Monetary Fund, ensuring a win for her over Mexico's Central Bank Governor Agustin Carstens.
Single-family home prices dipped modestly in April, pointing to signs of stabilization in the battered housing market at the start of the spring buying season, a closely watched survey said on Tuesday.
French Finance Minister Christine Lagarde looks set to emerge on Tuesday as the International Monetary Fund's new chief, maintaining the tradition of a European heading the global lender.
