DEALS

Social networking site Facebook after testing its online deals program for four months decided to end the newly launched program, which were launched in five cities - Atlanta, Austin, Dallas, San Diego and San Francisco.

Facebook is getting out of the daily deals business after four months of testing, a move that may ease some competitive pressure on industry leaders Groupon and LivingSocial.

There's still a bit of summer left in 2011, so why not make the most of it and check out these end of summer travel deals for last minute vacationers (or anybody who wants one last getaway)

Samsung Electronics chairman Lee Kun-hee has asked the firm's top management to seek measures including acquisitions to enhance its software prowess, local media reports said on Wednesday.

The Securities and Exchange Commission on Wednesday charged St. Louis-based brokerage firm Stifel, Nicolaus & Co and a former senior executive with defrauding five Wisconsin school districts by selling them risky investments funded largely with borrowed money.

The latest market rout might serve as a warning to investors who have euphorically poured money into high-flying technology stocks.

Hollywood studios are set to break into China's massive Internet market as domestic video sites scramble to screen U.S. movies and dramas on their digital platforms, a move which could also curb rampant piracy.

Sonus Networks , which makes voice and data communication equipment, posted a surprise quarterly loss as longer deal cycles took its toll on gross margins, sending its shares down 8 percent after market.

Looking to gain traction in the increasingly popular daily deals market, Google has snatched up The Dealmap.

The Atlanta Braves acquired speedy Gold Glove outfielder Michael Bourn in a five-player swap with the Houston Astros Sunday as Major League Baseball's non-waiver trade deadline closed in a flurry of deals.

Lehman Brothers Holdings has made a preliminary deal to sell most of a commercial real estate property in Rosslyn, Virginia, to a Goldman Sachs unit, raising at least $385 million to help pay back creditors, according to court documents.

Global sovereign wealth funds are set to hasten investing the billions of dollars of cash holdings they have built up in a rebound from the 2008 financial crisis that has lifted their combined assets to a record.

Global sovereign wealth funds are set to hasten investing the billions of dollars of cash holdings they have built up in a rebound from the 2008 financial crisis that has lifted their combined assets to a record.

For young Americans, frugal dressing is in this back-to-school season.

Stocks rose on Friday after strong earnings from Google and Citigroup helped lift some of the angst about Europe's debt crisis and stalled U.S. budget talks.

Wall Street was set to rise on Friday after strong earnings from Google and Citigroup helped lift some of the angst about Europe's debt crisis and stalled U.S. budget talks that have overhung the market.

Expedia and Groupon’s joint venture, Groupon Getaways, is officially up and running as of Monday night.

Top U.S. retailers reported better-than-expected June sales after luring shoppers with targeted bargains that they will now have to keep in place to satisfy shoppers through the summer.

LivingSocial, the second largest daily deals company, is meeting with bankers this week to discuss an initial public stock offering expected to value the company at $10 billion to $15 billion.

Groupon and LivingSocial are all the rage with their daily deals, but the space is getting more crowded fast.

Daily deals from services like Groupon and Living Social are all the rage, but which one is best depends on what you are looking for.