Members of Congress' super committee responsible for slicing $1.2 trillion from the deficit have faced an intense lobbying push since being appointed to the 12-member panel, but they all have long histories of accepting money from the industries and special interest groups clamoring for a seat at the table.
Young Woo & Associates has sold the retail space at 72 Wall St. in Lower Manhattan for $14.5 million, according to New York City records.
Gold closed slightly lower Monday as resurgent worries about Europe's finances drove investors to sell stocks and buy dollar-denominated assets, not including gold.
Warren Buffett has always made his distaste for technology investments clear, but on Monday he changed his ways in spectacular fashion.
Is now a good time to consider the shares of American International Group (AIG)? And what, if anything, does AIG's stock price say about the U.S. economy?
A '60 Minutes' investigation claims several members of Congress may have made investment decisions based on insider information.
The Supreme Court agreed on Monday to decide the fate of President Barack Obama's healthcare law, with an election-year ruling due by July on the healthcare system's biggest overhaul in nearly 50 years.
So now we know one reason why shares of IBM, the No. 2 computer services company rose nearly 13 percent over the past three months: Warren Buffett has been buying.
The bank is also heavily exposed to Italian sovereign bonds -- holding about 38 billion euros.
Warren Buffett, often mentioned as a potential savior for troubled European banks, said on Monday that he has no interest at the moment in investing in the sector, and that there is what amounts to a partial run on Europe.
HSBC's China fund venture said it would broaden its product line over the next five years to meet rising demand for cross-boarder investment, betting internationalization would be a new engine of growth for the country's stagnant mutual funds industry.
High-end Chinese fashion retailer Ports Design Ltd said on Monday that it is on track to achieve its 10 percent network expansion target for 2011.
Warren Buffett said his Berkshire Hathaway Inc has accumulated a 5.5 percent stake in IBM, the billionaire investor's biggest bet in the technology field he has historically shunned.
Bank of America Corp. (NYSE:BAC) said it agreed to sell about 10.4 billion common shares of China Construction Bank Corp. (CCB) through private transactions with a group of investors, in a move that will result in an after-tax gain of about $1.8 billion.
Budget carrier SpiceJet will evaluate selling stake to a foreign carrier if the government were to change foreign direct investment rules.
U.S. Silver Corp.'s third-quarter profit skyrocketed on higher silver prices, the Toronto-based company said Monday.
FBR Capital Markets said the broad changes to the Home Affordable Refinance Program (HARP) were outlined by U.S. President Barack Obama's administration on Oct. 24. However, the release of most of the technical details was delayed until Nov. 15.
Profits at Italian bank UniCredit have all but evaporated and capital has shrunk to dangerous levels, results due on Monday will show as the bank prepares a $10 billion rights issue and 5,000 job cuts to get back on track.
The social and economic benefits of tourism could be strengthened if governments collaborated more closely with each other and their respective private sectors, over visas, taxation, aviation agreements and marketing, said the United Nations World Tourism Organization (UNWTO), on Monday.
Shares in Olympus Corp rose by the maximum allowed on Monday on signs the scandal-hit maker of cameras and endoscopes may escape having its shares de-listed.
Gold traders in India stayed away from fresh physical buying as futures prices extended gains to near last week's peak.
Stock index futures pointed to a mixed open on Wall Street on Monday, with futures for the S&P 500 flat, Dow Jones futures up 0.2 percent and Nasdaq 100 futures down 0.2 percent at 0945 GMT.
