Groupon Mulls Raising Price Range of Its Initial Public Offering
Groupon Inc. is considering raising the price range of its initial public offering, as underwriters grow more confident about demand after completing the East Coast leg of a two-week road show to woo investors.
Google takes another shot at the TV market
Google Inc is making another push to bring its Web savvy to television sets, hoping to tap into a vast new market despite consumers' lukewarm reaction to one of its initial offerings.
Groupon mulls raising IPO price
Groupon Inc is considering raising its IPO price range, as underwriters grow more confident about demand after completing the East Coast leg of a two-week roadshow to woo investors.
Analysis: BNY Mellon wrings hands over future of forex
Over the past three years, the foreign exchange franchise at Bank of New York Mellon Corp has been challenged by unhappy clients who want more transparent pricing and by the advent of electronic trading.
BNY Mellon Wrings Hands Over Future of Forex: Analysis
During the past three years, the foreign-exchange franchise at the Bank of New York Mellon Corp. has been challenged by unhappy clients who want more transparent pricing and by the advent of electronic trading.
Thai Floods to Continue Raising Levels of PC Hard-Drive Prices
Prices for hard drives are jumping as flooding in Thailand creates a shortage of the major components used in personal computers, while one big customer is already complaining of price gouging.
Thai floods boost PC hard drive prices
Prices for hard drives are jumping as flooding in Thailand creates a shortage of the major component used in personal computers and one big customer is complaining of price gouging.
WTO largely backs China over EU in shoe dumping case
A World Trade Organization panel largely backed China on Friday in a complaint about European Union import duties on Chinese footwear, dealing a partial victory also to European importers and retailers.
Bank of America revamping debit card fees
Bank of America Corp, after receiving heavy public criticism for a planned $5-per-month debit card fee, is likely to give customers more ways to avoid the fee, a person familiar with the bank's plans said Friday.
Wall Street, finishing flat, posts 4 weeks of gains
Stocks closed out a fourth week of gains in quiet fashion on Friday, edging higher as the market took a breather after rallying 3 percent on Europe's deal to stem its debt crisis.
MF Global Aims to Arrange Sale Over This Weekend: Source
MF Global Holdings Ltd. is racing to sell all or part of its business this weekend, with its futures brokerage business seen as the most attractive, a source familiar with the situation said Friday.
Eurozone Debt 'Crisis Not Over': ECB President Trichet
European Central Bank President Jean-Claude Trichet said in an interview in a German newspaper to be published Sunday that the Eurozone sovereign debt crisis is not yet over and that it is too early for the all-clear signal.
Groupon considering raising IPO price range: source
Groupon Inc is considering raising its IPO price range due to investor demand, a source familiar with the situation said on Friday.
Pressure mounts on Olympus as ex-CEO meets prosecutors
Former Olympus Corp Chief Executive Michael Woodford said on Friday he has met with U.S. federal prosecutors and hired a Washington law firm, as pressure mounted in Japan on the camera and endoscope maker to conduct an independent probe into controversial acquisitions.
Analysis: Shakeout expected among online advertising companies
The crowded advertising technology sector may be about to shake out some losers.
Wall Street Week Ahead: Have you heard? Buy the dip
With the S&P 500 about to end its best month in almost 40 years, many would be happy to cash in gains and start packing for the ski slopes.
Total, Chevron profits lifted by firm oil price
Chevron Corp and Total posted higher profits on Friday, the latest two major oil companies lifted by pricier oil and rosier refining conditions, even if increasing oil and gas production remains a struggle.
Analysis: Buybacks potentially distort U.S. earnings picture
Stock buybacks among large U.S. multinationals are poised to reach their highest level since the recession once third-quarter results are done, as companies step up repurchases to take advantage of lower stock prices.
Boehner Will Not Endorse Anyone for Republican Nomination
House Speaker John Boehner, R-Ohio, will not endorse anyone in the race for the Republican presidential nomination, he told conservative talk show host Laura Ingraham on Thursday.
U.S. says China, Taiwan, Mexico and UAE dumping products
The Commerce Department on Friday set preliminary anti-dumping duty rates on products from China, Taiwan, Mexico and the United Arab Emirates it said were being sold in the United States at unfairly low prices.
Cargo slump threatens more pain for Boeing 747-8
Boeing Co is battling to prevent teething problems on its 747-8 freighter from turning into a wider customer revolt as jittery airlines seize on a chance to curb their exposure to a slump in the global freight market, industry sources said.
Auto suppliers' 2011 forecasts disappoint
Some major U.S. auto parts makers projected disappointing full-year outlooks on Friday and said the rebound in the auto industry could be more tempered than previously expected.
Biography sees Jobs as crossroad of humanities, science
A genius for mixing the humanities and sciences coupled with a Svengali-like ability to motivate people powered Steve Jobs's mission to change the world, biographer Walter Isaacson concludes in his exhaustive new study of the Apple co-founder.
Pluto Ninth Biggest Orbiting Object Once Again
Pluto is once again considered the ninth biggest object orbiting the Sun.
'Seinfeld' Star Jason Alexander Tours Israel
Jason Alexander, famous for playing George Costanza on 'Seinfeld,' went on an informational tour of Israel this week.
Pressure mounts on MF Global to strike a deal
Shares of MF Global Holdings Ltd hit another all-time low and its bonds were in freefall on Friday as troubles intensified for the U.S. futures brokerage that is looking to sell off units in order to retain customers and to survive.
European shares slip after Italy rattles investors
European shares slipped Friday after the previous session's rally on the European Union's debt deal, as a disappointing Italian bond auction fueled investors' skepticism about the plan to tackle the region's debt crisis.
Bank of America Scaling Back Debit Card Fees
Bank of America Corp, after receiving heavy public criticism for a planned $5 per-month debit card fee, is likely to give customers more ways to avoid the fee, a person familiar with the bank's plans said Friday.
Appliance makers cut jobs in face of slack demand
The world's two top appliance makers are planning large rounds of cost-cutting, including thousands of job cuts, as recession-weary shoppers have held off on buying refrigerators, washing machines and other costly items.
Corrected: Commodity Traders: The trillion dollar club
NEW YORK - For the small club of companies who trade the food, fuels and metals that keep the world running, the last decade has been sensational. Driven by the rise of Brazil, China, India and other fast-growing economies, the global commodities boom has turbocharged profits at the world's biggest trading houses.