Analysis: Brent premium to U.S. oil set for another blowout?
Brent crude's premium to U.S. oil could be poised for another record run after jumping 50 percent over the past week, as an expected build in Midwest inventories again exerts pressure on the U.S. benchmark.
Redbox Parent, Coinstar, Beats Street Earnings Estimates
Coinstar Inc. (NASDAQ:CSTR), parent of DVD-rental firm Redbox, reported a jump in fourth-quarter profit that beat analyst expectations as soaring revenue offset a slight decrease in its operating margin.
Skepticism Grows on Medco/Express Scripts Deal
Objections to Express Scripts' $29 billion plan to buy rival pharmacy benefits manager Medco Health Solutions are accumulating as U.S. antitrust regulators weigh whether they have enough evidence to stop the megamerger.
Skepticism grows around Medco/Express Scripts deal
Objections to Express Scripts' $29 billion plan to buy rival pharmacy benefits manager Medco Health Solutions are accumulating as U.S. antitrust regulators weigh whether they have enough evidence to stop the megamerger.
Express Scripts, Medco Merger Opposed by Powerful Trade Group
The Food Marketing Institute, which represents large grocery chains such as Kroger, Safeway and Walmart, recently sent a letter to Federal Trade Commission Chairman Jon Leibowitz expressing concern about the deal.
Wall Street Closes Lower After String of Gains
Stocks closed slightly lower on Monday as lingering questions about Europe's debt crisis and corporate earnings overshadowed growing optimism about economic growth after a five-week rally.
Humana forecast is below Street view; shares fall
Humana Inc forecast a profit for this year below Wall Street estimates, suggesting that investors may be overestimating how much it will earn from a burgeoning Medicare business, and its shares fell almost 6 percent.
Stanford Used Fake Accounting to Back Bank, Witness Says
Allen Stanford used fake accounting to prop up his offshore bank in its waning days, as withdrawal requests from investors poured in, Stanford's former top deputy said on Monday.
Stanford used fake accounting to back bank: witness
Allen Stanford used fake accounting to prop up his offshore bank in its waning days, as withdrawal requests from investors poured in, Stanford's former top deputy said on Monday.
Netflix Seeks to Spur Growth in Sales, Streaming Video After 2011 Blunders as Rivals Like Verizon Enter
The challenge for the Los Gatos, Calif.-based entertainment provider is to stand out as others such as Hulu and Amazon with its Prime service and Redbox try to gain an edge in the streaming business.
As Facebook grows up, it courts Madison Avenue
About a year ago, when it became clear that taking Facebook Inc public was a matter of when not if, Chief Operating Officer Sheryl Sandberg went out and poached Carolyn Everson, then global advertising head at Microsoft Corp.
Boeing shares slip as it addresses 787 issues
Boeing Co shares slipped on Monday, the day after the plane maker said it must correct a fuselage support structure problem on some of its carbon-composite 787s, a glitch experts said could slow production.
Wall Street Edges Lower After String of Gains
Stocks edged lower on Monday as investors found little reason to extend a five-week rally on lingering uncertainty over whether Greece would accept the terms of a bailout.
Internet Cupids often miss their mark: researchers
Combing dating websites for that perfect love match can be very frustrating, and a group of U.S. psychology professors released a report on Monday explaining why there is no substitute for meeting face-to-face.
HSBC Analyst: Expect Gold Rally to Continue Due to Market Uneasiness
The current gold rally is expected to continue due to a combination of monetary and fiscal influences, HSBC analyst James Steel reported to investors Sunday.
Cyberplex unit to pay $4.8 million to Yahoo for poor traffic
Cyberplex Inc said its debt-laden unit Tsavo Media is required to pay Yahoo Inc $4.8 million for what the U.S. search company called low quality traffic from ads on Tsavo-run websites last year.
Fed should raise rates in 2013, Bullard says
The Federal Reserve should start raising interest rates next year, a top Fed official said on Monday, arguing that many years of near-zero rates will do little to return economic output to pre-recession levels and risks causing disaster.
Wall Street dips as investors wait on Greece
U.S. stocks dipped on Monday as a delay by debt-ridden Greece in accepting the terms of a bailout gave investors little reason to buy equities after a five-week rally.
Egypt telecom tycoon Naguib Sawiris eyes new horizons
Egyptian telecoms magnate Naguib Sawiris wants to get back on the acquisition trail, eyeing businesses in Europe, the Middle East and Africa after selling a chunk of assets to Russia's Vimpelcom.
Redbox, Verizon Announce Streaming Joint Venture: Could Spell Trouble for Netflix
The deal will allow Redbox to pose a more credible challenge to rival Netflix, while it could permit Verizon to control more of the content available through its platforms.
UK tests home working to beat Games gridlock
Thousands of Britons swapped the office for the comforts of working from home on Monday as government and businesses tested ways of avoiding transport gridlock during this summer's Olympics in London.
Verizon, Coinstar's Redbox form video venture
Verizon Communications Inc and Coinstar's Redbox unit have formed a joint venture to provide video services aimed at competing against video rental company Netflix Inc.
Wall Street eases as investors eye Greece
Stocks edged lower on Monday as a delay by debt-ridden Greece in accepting the terms of a bailout gave investors little reason to buy equities after a five-week rally.
Internet giants pull content after warning in India courts
Internet giants Google Inc and Facebook removed content from some Indian domain websites on Monday following a court directive warning them of a crackdown like China if they did not take steps to protect religious sensibilities.
Finding out what went wrong with failed romance
With Valentine's Day just a week away disappointed daters wondering what went wrong with the romance have a new way to discover why the relationship fizzled.
Boeing to correct 787 Dreamliner fuselage issue
Boeing has discovered a problem related to the aft fuselage of its 787 Dreamliner planes and is making repairs that will not affect production of the aircraft, the company said in an emailed statement on Sunday.
Humana posts higher profit, lifts forecast
Humana Inc posted a big rise in fourth-quarter earnings that was generally in line with analysts' targets, helped by higher membership in its Medicare plans for the elderly, and the health insurer slightly lifted its full-year profit forecast.
Glencore, Xstrata hammer out premium as deal nears
Top executives at Glencore and Xstrata are hammering out the final details of a proposed $80 billion merger, including the premium on offer by the commodities trading giant to secure approval from the miner's shareholders.
Wall Street falls as Greece concerns weigh again
Stock fell on Monday after a five-week rally on concerns Greece may be unable to avoid a chaotic default as it struggles to reach terms on a new bailout package.
Chrysler's Halftime ad: a roadmap for America?
Is what is good for Chrysler good for America?