The jury at the insider trading trial of hedge fund manager Raj Rajaratnam began the third week of deliberations by asking to hear replays of FBI phone taps between the Galleon Group founder and one of the former friends who testified against him.
Sears Holdings Corp is looking at whether to move its corporate headquarters after the state and local incentives that brought it to Hoffman Estates, Illinois, a northwest Chicago suburb, expire in 2012.
Stocks rose on Monday as commodity-related shares rebounded, but worries remained over how much further the recent rally may continue.
LinkedIn Corp, the social site for business professionals, is hoping to cash in with investors eager to gobble up shares in social networking companies such as Facebook, with a public debut valuing the company at more than $3 billion.
U.S. stocks moved higher on Monday as a bounce back in commodities lifted energy and materials shares, offsetting concerns about European debt.
Ireland warned on Monday it would need more favorable terms to rid itself of its debt troubles and said it was confident of securing a cut in the interest it pays for its EU aid without conceding ground on tax rates.
LinkedIn Corp said it would offer 7.84 million shares in its initial public offering, which could value the company at over $3 billion at the high end of its offering price range.
Hertz Global Holdings Inc fired the latest salvo in a 13-month-long battle for Dollar Thrifty Automotive Group Inc , offering nearly $2.1 billion as it looks to form the No. 2 U.S. car rental firm and bump a stalled bid from Avis Budget Group Inc .
Stocks edged up on Monday as a bounce back in commodities lifted energy and materials shares.
Shares in bailed-out insurer American International Group
fell to their lowest levels in nearly eight months on Monday, potentially moving them into loss-making territory for the U.S. Treasury.Inside Secure, a chipmaker hoping to benefit from technology that allows shoppers to buy goods with the wave of a smartphone, has hired two banks for a Paris flotation, people familiar with the matter said.
The jury at the insider trading trial of hedge fund manager Raj Rajaratnam began the third week of deliberations by asking to hear replays of FBI phone taps between the Galleon Group founder and one of the former friends who testified against him.
Hertz Global Holdings Inc fired the latest salvo in a 13-month-long battle for Dollar Thrifty , offering nearly $2.1 billion as it looks to create the No.2 U.S. car rental firm and bump a rival bid from Avis Budget that has stalled with regulators.
Oil rebounded by more than $2 on Monday due to bargain hunting after Brent crude lost almost $17 last week, but earlier bigger gains were pared after S&P cut Greece's debt rating and the dollar rallied against the euro.
A British non-profit organization Raspberry Pi Foundation has the answer, in the form of a computer the size of a USB key priced at $25 – which could arguably be the cheapest computer on the block.
U.S. stocks were little changed on Monday as concerns over European debt offset gains in natural resource shares, lifted by a bounce-back in commodities.
Hertz Global Holdings Inc is back in the market for smaller car rental firm Dollar Thrifty , offering close to $2.1 billion as it looks to bump a rival bid from Avis Budget that has struggled to win regulatory clearance.
The Silver Price rallied to $38.00 at Monday's London Fix – rising over 11% from Friday lunchtime's Fix – before also slipping back to trade 26% below late April's 3-decade record.
U.S. stocks were set to open slightly higher on Monday after posting heavy losses last week as a bounce-back in commodities was overshadowed by concerns over European debt.
Hertz Global Holdings Inc is back in the market for smaller car rental firm Dollar Thrifty , offering close to $2.1 billion, taking advantage of rival Avis Budget's problems getting regulatory clearance for a rival bid.
Munich Re posted a smaller-than-expected net loss in the first quarter as its tax bill fell in the wake of devastating earthquakes in Japan and New Zealand.
U.S. stock index futures rose on Monday as commodities and the euro bounced back from last week's hefty losses.
The growth outlook in major industrialized nations is diverging with activity improving in North America, China and Russia and moderating in most European countries, the OECD's leading indicator for March showed on Monday.
Oil rebounded by more than $4 on Monday, helped by a weaker dollar as the euro strengthened and bargain hunting by traders and investors after Brent crude lost almost $17 last week.
Oil rebounded by more than $3 on Monday, helped by a weaker dollar as the euro strengthened and bargain hunting by traders and investors after Brent crude lost over $16 last week.
Barclays put aside 1 billion pounds ($1.64 billion) to compensate people who were wrongly sold insurance and other UK banks backed down in their fight against accusations of mis-selling.
Chinese banks must restrict shadowing activities and bring off-balance-sheet trust loans back onto their books to help ward off possible risk, the country's top banking regulator said on Monday.
Oil rebounded on Monday, up over $3 helped by a weaker dollar, rising Asian equity markets and bargain hunting by traders and investors after Brent crude lost over $16 last week.
British banks gave up a fight over compensating customers wrongly sold insurance, forcing Barclays Plc and HSBC to take a combined hit of more than $2 billion in the latest blow to the industry.
Concern about plans for a fundamental review of the bailouts given to Europe's high debtors dominated debt markets on Monday although the euro itself rose, rebounding from recent sharp losses.
