Twitter has made an offer to acquire TweetDeck, a popular third-party software application for using Internet social networking services, for up to $50 million, according to a person with knowledge of the matter.
Banks made credit easier to get in the first quarter but small companies and consumers were less enthusiastic about borrowing than big firms, showing credit markets thawing unevenly.
Wall Street banks and major market players said they are equipped to comply with derivatives reforms, but accused regulators of dragging their feet on clarifying how and when they will go into effect.
A former lawyer for a large U.S. law firm pleaded guilty on Monday to conspiring to launder almost $19 million for his one-time client Kenneth Starr, a money manager known for representing celebrities.
MIAMI BEACH, Florida For the first time in years, U.S. credit card executives are looking beyond the losses of the financial crisis -- and they're even losing less sleep over the prospect of tighter government oversight.
Small businesses and consumers were wary about taking advantage of easier credit in the first quarter, but loan demand among large firms grew, the Federal Reserve said in a report on Monday that showed credit markets thawing unevenly.
Greenlight Capital, the hedge fund run by investor David Einhorn, acquired a significant long position in Yahoo Inc during the first quarter, citing Yahoo's most valuable asset as its stake in China's Alibaba Group.
Nortel Networks Corp, the fallen Canadian telecom giant, said it had received court approvals for the stalking horse bid made by a unit of Google Inc for its portfolio of technology patents for $900 million.
Morgan Stanley Smith Barney has lost six advisers overseeing more than $1 billion of client assets to competitors.
Nasdaq OMX Group and IntercontinentalExchange Inc will take their takeover bid for NYSE Euronext straight to the Big Board's shareholders as they try to corner the company into talks.
A former lawyer for a large U.S. law firm pleaded guilty on Monday to conspiring to launder almost $19 million for his onetime client Kenneth Starr, a money manager known for representing celebrities.
Nasdaq OMX Group and IntercontinentalExchange Inc will take their takeover bid for NYSE Euronext straight to the Big Board's shareholders as they try to corner the company into talks.
Hedge fund founder Raj Rajaratnam had foot surgery and did not appear in court on Monday while jurors deliberated for a sixth day in his insider trading trial without reaching a verdict.
Small businesses and consumers were wary about taking advantage of easier credit in the first quarter, but loan demand among large firms grew, the Federal Reserve said in a report on Monday that showed credit markets thawing unevenly.
U.S. stocks slipped on Monday, as an early bounce on Osama bin Laden's death gave way to questions around the longevity of the market's recent rally.
Business at U.S. manufacturers grew a bit more slowly for a second straight month in April but their costs rose to the highest level in nearly three years, an industry report showed on Monday.
Gains in loan demand were more pronounced from big firms than at smaller ones in the first three months of 2011, the Federal Reserve said on Monday, in a report showing headwinds to the economic recovery.
Stocks were little changed on Monday as a bounce on news of Osama bin Laden's death gave way to returning worries about geopolitical risk.
Nasdaq OMX Group and IntercontinentalExchange Inc will take their $11.1 billion takeover bid for NYSE Euronext straight to the exchange operator's shareholders with a tender offer.
Nasdaq OMX Group and IntercontinentalExchange Inc took their $11.1 billion takeover bid for NYSE Euronext straight to the exchange operator's shareholders on Monday with a planned tender offer.
U.S. auto sales are expected to show a 16 percent increase for April, as the sales crunch dealt by the Japanese earthquake and tsunami is not expected to show up in new auto purchases until May, automakers and analysts said.
U.S. manufacturing activity slowed in April for a second straight month but input prices reached their highest level in nearly three years, according to an industry report released on Monday.
Hedge fund founder Raj Rajaratnam did not appear in court on Monday on the sixth day of jury deliberations in his insider trading trial after undergoing emergency foot surgery, his lawyer said.
Construction spending rose more than expected in March, and a survey of factory activity in April increased, suggesting steady recovery in U.S. demand.
A key Republican lawmaker on Monday urged hundreds of tiny banks to slay the dragons when they battle Congress over new limits on debit card fees that could hurt their profits.
Stocks erased gains and were little changed on Monday as the killing of al Qaeda leader Osama bin Laden was seen as only temporarily easing geopolitical tensions.
Chrysler Group LLC reported its first quarterly net profit since emerging from bankruptcy nearly two years ago, helped by a revamped lineup of cars and trucks as well as higher vehicle prices.
U.S. stocks pared gains and the Nasdaq turned negative on Monday, pressured by weakness in technology shares.
U.S. stocks rose on Monday after President Barack Obama announced that Al Qaeda leader Osama bin Laden had been killed in a firefight with U.S. forces and as a spate of proposed deals cheered investors.
Wall Street banks and major market players will deliver a mixed message to U.S. regulators at a meeting this week: hurry up and tell us what you are going to do, but give us more time to respond before you do it.
