INVESTMENT

Elvis Presley's estate is turning to a litigation-finance firm to sue Arista Music in Germany for unpaid royalties from ringtones, downloads and apps that feature the icon's hit songs.

Michael Arrington, one of the highest-profile U.S. technology bloggers, has created a venture capital fund to invest in promising start-ups.

Charles Schwab Corp (SCHW.N) on Thursday completed its $1 billion deal to acquire optionsXpress (OXPS.O), expanding its options and futures reach at a time when other brokerage sectors have stalled.

Longer-term, the CVS story remains enviable: CVS has helped transform the drug store sector from a neighborhood-oriented, proprietor-owned sector in to a methodical, scalable, profitable corporate business model.

Solyndra, a solar panel company that was one of the most well-funded start-ups on record, announced it will file for Chapter 11 bankruptcy next week.

The value of palladium, the least known of the world's four major precious metals, is set to rise this year, perhaps more sharply than its more popular cousins.

It's the automotive world’s version of the popular Tall, Grande and Venti sizes of coffee cups at Starbucks.

Kenya's interbank lending rate tumbled to 19.2515 percent on Tuesday from 27.7299 percent the previous day, central bank data showed on Thursday, as the bank's action last week to bring down interbank rates filters through the market.

North Korea launched a controversial new cruise ship from the northeastern city of Rason to the resort town of Mount Kumgang.

Wednesday, a solar cell manufacturing company Solyndra announced it would seek Chapter 11 bankruptcy protection. The Fremont, California-based solar company will lay off all of its 1,100 workers and close down the factory which was built through the fed's loan guarantee.

He may have been absent, but Roman Polanski made his presence felt at the Venice film festival on Thursday with his comedy Carnage, in which Oscar-winner Kate Winslet's projectile vomit prompted the biggest laugh.

The SEC is accusing a former venture capital pro of breaching his fiduciary duty and usurping his ex-employer’s funds to launch a separate investment vehicle.

The Shanghai branch of British bank Barclays has won approval to become a trading member of the Shanghai Gold Exchange, the seventh foreign financial institute to obtain such membership, said the exchange on its Web site.

Stock index futures pointed to a weaker open on Wall Street on Thursday, with futures for the S&P 500, Dow Jones and Nasdaq 100 down 0.1 to 0.4 percent.

Hedge fund Diamondback Capital Management, which had been embroiled in the government's insider trading case, has agreed to pay back roughly $1 million to settle an insider trading case, according to a court filing released on Wednesday.

Hedge fund Diamondback Capital Management, which had been embroiled in the government's insider trading case, has agreed to pay back roughly $1 million to settle an insider trading case, according to a court filing released on Wednesday.

Australia's dominant phone company, Telstra Corp, will be $5 billion better off working with the government's new high-speed broadband network than competing against it, an independent expert said, paving the way for shareholder approval.

Trust Company of the West rested its court case against its former chief investment officer, star bond fund manager Jeffrey Gundlach, in the high-stakes trial that has drawn the attention of the financial services industry.

Australia's dominant phone company, Telstra Corp, will be $5 billion better off working with the government's new high-speed broadband network than competing against it, an independent expert said, paving the way for shareholder approval.

A general counsel at AT&T said the company will fight an antitrust lawsuit suit the Department of Justice filed on Wednesday. Wayne Watts, who serves as both senior executive vice president and general counsel for AT&T, said the lawsuit from the Justice Department has surprised and disappointed him, especially in light of the fact that the government agency gave no indication that it was planning to take such actions.