General Electric Co reached a $3.2 billion agreement to acquire a maker of automation systems used in the oil and gas sector, marking the latest in a series of deals in the energy industry.
Risks that could lead to a property bubble are still building up in China, and more action is needed to cool speculative fervor, the country's banking regulator said on Tuesday.
U.S. stock index futures were flat on Tuesday near the quarter's end as investors took a wait-and-see stance, unsure about the impact of global crises.
The U.S. Federal Reserve's $600 billion asset purchase program could be trimmed by some $100 billion given the recovery in the U.S. economy, St. Louis Federal Reserve President James Bullard said on Tuesday.
U.S. policymakers may not be willing or able to wait for all global uncertainties to be resolved before they begin normalizing loose monetary policy, St. Louis Federal Reserve President James Bullard said on Tuesday.
U.S. stock index futures were flat on Tuesday as investors looked ahead to a round of corporate results that could show the impact of overseas crises
Japan may nationalize Tokyo Electric Power <9501.T> as mounting costs and public anger threaten the future of the company at the center of the country's deepening nuclear crisis.
U.S. policymakers may not be willing or able to wait for all global uncertainties to be resolved before they begin normalizing its loose monetary policy, St. Louis Federal Reserve President James Bullard said on Tuesday.
Stock index futures pointed to a higher open, with futures for the S&P 500, Dow Jones and Nasdaq futures 0.1-0.4 percent higher at 0925 GMT (5:25 a.m. ET).
World stocks slipped on Tuesday, despite emerging market gains, while the euro recovered on expectations of higher interest rates.
Global stocks rebounded on Tuesday from early losses tied to Japan's struggle to contain the world's worst nuclear crisis in decades, while the euro steadied after comments by the European Central Bank's chief bolstered the view it would raise interest rates soon.
News Corp has held talks to give control of Myspace to the music label-owned video site Vevo.com, but the likelihood of a deal being reached was slim, a person with knowledge of the talks said.
Chinese inflation will probably rise more than 5 percent in the year to March, pushing the central bank to raise interest rates, an official newspaper said on Tuesday.
Goldman Sachs Group Inc partners have sold $108 million in shares in recent months, cutting their total ownership stake to about 10 percent from 11.2 percent, the New York Times reported on Monday.
Stocks fell on Monday as the corporate outlook was clouded ahead of earnings and uncertainty continued to creep from abroad, while volume hit its lowest level of the year.
Tribune Co bondholders led by hedge fund Aurelius Capital Management on Monday filed a revised bankruptcy reorganization plan for the media company, hoping to overcome objections by senior creditors.
A former Galleon Group trader contends he saw a brother of accused hedge fund founder Raj Rajaratnam remove notebooks from their office on the day of Rajaratnam's October 2009 arrest, according to trial documents.
The U.S. economy still needs support from the Federal Reserve's full $600 billion planned bond purchases, despite signs its recovery is becoming self sustaining, top Fed officials said on Monday.
The U.S. Federal Reserve Bank should complete its planned $600 billion in bond purchases, but probably does not need to do buy additional bonds to support the economy, a top Fed official said on Monday.
Sprint Nextel urged regulators to block AT&T Inc's $39 billion bid to buy Deutsche Telekom AG's T-Mobile USA.
Surging U.S. gas and food prices are unlikely to trigger a broad rise in costs that would force the U.S. Federal Reserve to reverse its ultra-loose monetary policy stance, a top Fed official said on Monday.
Stocks fell on Monday as the corporate outlook was clouded ahead of earnings and uncertainty continued to creep from abroad, while volume hit its lowest level of the year.
Online auction site eBay Inc moved to bolster its ability to take on No. 1 Web retailer Amazon.com Inc with a $1.96 billion takeover bid for e-commerce service provider GSI Commerce.
Stocks fell on Monday as the corporate outlook was clouded ahead of earnings and uncertainty continued to creep from abroad, while volume hit its lowest level of the year.
U.S. consumers increased spending for an eighth straight month in February, but much of the gain went to cover rising food and energy costs, providing only a modest lift to the economy.
The U.S. economy is on track for a sustained recovery but remains sufficiently weak to warrant the help of loose monetary policy, Atlanta Federal Reserve President Dennis Lockhart said on Monday.
Social media, video and mobile advertising pushed British online ad spending above 4 billion pounds ($6.4 billion) for the first time in 2010, an increase of 12.8 percent, the Internet Advertising Bureau said.
U.S. stocks edged higher on Monday, lifted by strength in the telecommunications sector and an eighth straight monthly rise in consumer spending, but concerns about overseas turmoil kept gains in check.
JPMorgan Chase & Co could be forced to repurchase thousands of home equity loans, after a judge ruled in favor of a bond insurer that argued it could build its case based on a sampling of loans.
A former Galleon Group trader contends he saw the brother of accused hedge fund founder Raj Rajaratnam remove notebooks from their office on the day of Rajaratnam's October 2009 arrest, according to trial documents.
