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Citigroup Inc agreed to sell its Phibro energy trading business to Occidental Petroleum Corp for a pittance, allowing the bank to calm regulators who were outraged over a $100 million pay package the unit was obliged to pay a star trader.

Real estate Web sites Zillow and Trulia continue to see price cuts by home sellers in apparent efforts to attract buyers during a slower part of the year for house sales.

Gold received a lukewarm reception a day after racing to a record high, with consumers in Asia more likely to be cashing in than panic buying.

Turkey's Competition Board said on Wednesday it had opened an investigation into 19 of the country's largest auto companies, including foreign firms operating in Turkey, for alleged price-fixing since 2006.

RailAmerica Inc, which owns and operates short-line and regional freight railroads in North America, has set the terms for its planned initial public offering, which is scheduled for October.

U.S. stock index futures edged lower on Tuesday as investors awaited data on home prices and consumer confidence, following solid gains in the previous session.

U.S. stock index futures edged lower on Tuesday as investors awaited data on home prices and consumer confidence, following solid gains in the previous session.

Sales of the PlayStation 3 video game console jumped in the weeks after a $100 price cut last month, and strong demand could lead to empty shelves at retail, a Sony Corp executive said on Wednesday.

Corrects to read Sony's God of War and Activision Blizzard's Call of Duty in penultimate paragraph; names of video game publishers were transposed

Better Place, which is building a global network of charging stations for the electric car industry, expects its e-cars to be significantly cheaper than gasoline-powered counterparts, its CEO was quoted as saying.

Nintendo Co Ltd will cut the price of its popular Wii video game console by 20 percent, responding to similar cuts by rivals Sony Corp and Microsoft Corp aimed at kick-starting demand.

Nintendo Co Ltd, the top maker of the current generation of video game consoles, said on Wednesday it will cut the price of its Wii video game console by $50 to $199.99, starting Sunday.

Ever since it launched the Pre, smartphone maker Palm Inc has been quite the belle of the ball, if deal chatter is any indication.

Nintendo Co Ltd may cut the price of its Wii video game console by $50 to about $200, starting this weekend, according to several technology blogs.

Education Management Corp is set to price its planned $380 million IPO in early October and become the latest private equity-owned firm to go public during the current stock market rally.

Insurance risk assessment specialist Verisk Analytics Inc on Monday set the terms of its initial public offering, saying it expects the offering to yield $1.7 billion in what could become the largest U.S. IPO in a year and a half.

U.S. hog and pork producer Smithfield Foods Inc on Thursday priced a $250 million stock offering below the closing price of the previous day, sending shares lower.

Citigroup on Tuesday set price guidance on its fixed-rate and floating-rate notes backed by the Federal Deposit Insurance Corp, said IFR, a Thomson Reuters service.

Johnson & Johnson has cut the amount it will pay for its 18.4 percent stake in Irish drugmaker Elan Corp Plc by $115 million to $885 million, setting Elan up for recriminations from shareholders and possibly even lawsuits.

Elan Corp Plc has resolved a disputed partnership agreement with Biogen Idec Inc , lowering the price Johnson & Johnson will pay for a minority stake in the Irish drugmaker.

Goldman Sachs raised its price targets on several European auto makers, saying the sector can continue to outperform, helped by potential positive 2010 earnings surprises that could come from an increase in sector consolidation.