Webb Simpson birdied his last three holes of the day to clinch his second PGA Tour title with a playoff victory over fellow American Chez Reavie for the Deutsche Bank Championship on Monday.
AT&T must pay a hefty break-up fee to Deutsche Telekom, the owner of T-Mobile USA, the German company said. Last week, the U.S. Justice Department filed to block the $39 billion deal.
Asian shares fell and U.S. Treasury yields dropped to the lowest levels in at least 60 years on Tuesday on fears that Europe's sovereign debt troubles are worsening and could trigger a second full-blown banking crisis.
Asian shares fell and the euro slipped Tuesday amid fears that Europe's sovereign debt troubles are worsening and could trigger a second full-blown banking crisis.
European stocks got hammered on Monday and the euro tumbled as well, as investors moved into safe assets. Rising fears over Europe's sovereign debt crisis and economic growth concerns in Europe and the U.S. is driving the move away from equities. The yield on the benchmark 10-year German government bond fell to well below two percent -- a new record. The Stoxx Europe 600 index fell 4.1 percent Monday, closing at 223.45.
Bubba Watson regained his composure after dropping three shots on the back nine holes to grab a one stroke lead after the third round of the Deutsche Bank Championship on Sunday.
Master champion Charl Schwartzel joined Bubba Watson and Australia's Adam Scott in a three-way tie for the lead at the halfway stage of the Deutsche Bank Championship on Saturday.
Some of the nation's largest banks are under threat of a mortgage lawsuit from the federal agency that oversees the mortgage giants Fannie Mae and Freddie Mac.
European shares fell sharply on Friday, snapping a four-session rally, as traders feared U.S. non-farm payrolls numbers could signal a return to recession.
Gold fell on Wednesday after a near 3 percent rally the day before sparked by Federal Reserve comments on possible measures to boost U.S. growth, and the bullion price is still set for its biggest monthly gain in nearly two years.
China's central bankers have found a new way of keeping banks from lending too much, a step Beijing hopes will help it tackle the country's persistent inflation woes.
Shares of large silver mining companies mostly rose Monday along with the broader stock market as investors ignored the falling price of the white metal on fresh optimism about the strength of the economy.
Shares of large gold mining companies fell Monday, along with the price of the yellow metal, in a sentiment shift away from precious metals and other safe havens toward riskier assets like stocks.
Brent crude oil rose slightly in choppy trade on Friday as Hurricane Irene barreled toward the U.S. East Coast and traders weighed comments by U.S. Federal Reserve Chairman Ben Bernanke on the economy.
Fed Chairman Ben Bernanke's much-anticipated speech Friday will likely disappoint investors and policy makers hoping for signs the central bank will try to rev up the weak economy, but the speech is likely to relieve gold investors who have booked big profits from that same economic malaise.
Steve Jobs resigned as Apple's Chief Executive on Wednesday and handed over the reins to Tim Cook, who was the company's Chief Operating Officer and had been assuming Jobs' role in his absence.
Shares of the parent of online job board Monster.com are down nearly 70 percent this year, with most of that loss coming since early July. A company that once boasted a multi-billion dollar market valuation is now worth less than $1 billion.
World number one Luke Donald is gearing up for a final 2011 push as the FedExCup playoffs begin Thursday at The Barclays with the Briton aiming to reign over both the U.S. and European tours.
Shares of Macau casino operators slumped on Monday on worries of weakening demand from wealthy Chinese consumers, the main players in the world's largest gambling market, leading investors to sell stocks that have hit record highs in the past few months.
Apple is leveraging a common user experience across its entire iOS ecosystem (iPod, iPhone & iPad) into significant product, branding and quality advantages.
Apple Inc, Nokia and Qualcomm Inc are among several technology companies pondering bids for InterDigital Inc, sources familiar with the situation said.