INVESTMENT

Wireless service provider Sprint Nextel plans to pay up to $1.6 billion to Clearwire Corp over the next four years, potentially easing concerns about a liquidity crisis at Clearwire.

To mark World AIDS Day on Thursday, New York City released a new recommendation that every person diagnosed with HIV start taking medication right away, rather than waiting until the virus progresses to AIDS and the immune system weakens.

Initial results of Egypt's first free election in six decades will emerge on Thursday, with Islamist parties expecting to command a majority in parliament, hard on the heels of victories by their counterparts in Tunisia and Morocco.

It's a dream of medical science that looks tantalizingly within reach: the artificial pancreas, a potential breakthrough treatment for the scourge of type 1 diabetes.

AT&T Inc and T-Mobile USA's parent company Deutsche Telekom AG are still battling to save their $39 billion merger and are not in talks about a network-sharing alternative, people familiar with the matter said on Thursday.

Yahoo Inc. will be closely watched in the U.S. stock market on Thursday after a report that Alibaba, Softbank Corp., Blackstone Group and Bain Capital are said to be in advanced discussions to make a bid for all of Yahoo.

The former chief executive of disgraced Olympus Corp, Michael Woodford, launched a campaign on Thursday to oust the board of directors, reclaim his old job and bring in his own team to save the Japanese firm from a big accounting scandal.

Burger King said it plans to roll out new-and-improved French fries next week, as competition from rival fast-food chains rises.

The former chief executive of Japan's disgraced Olympus Corp, Michael Woodford, launched a campaign on Thursday to oust the board of directors, reclaim his old job and install his own team to save the firm from a big accounting scandal.

The Canadian economy grew at an annualized rate of 3.5 percent in the third quarter, recovering more solidly than expected from a 0.5 percent contraction in the second quarter that was linked to the impact of Japan's earthquake and tsunami.

Central bank action on Wednesday to ease severe funding strains for the world's private sector banks may help cushion a brewing global credit crunch but it only buys some wiggle room for governments trying to resolve the euro debt crisis and keep banks lending.

The investor group Melrose 2 is suing Paramount Pictures, claiming it put up $375 million to finance the Transformers movies and other projects, but hasn't received any of the profits.

With the fast-selling e-publication of his memoir-cum-business-strategy guide, Mark Cuban made another notch in his media-pioneer belt.

Shares of Yahoo rose two percent in early trading after a report private equity giant Silver Lake Partners was bidding $16.60 a share for the troubled search engine and media company.

Morgan Stanley said it prefers exposure to gold, silver and livestock in the coming year, as such commodities perform well in a global economic slowdown.

India's economic growth in the current fiscal year ending March 2012 is expected to be around 7.5 percent, as the growth in fourth quarter will be better than the 6.9 percent growth

Stymied by a six-month drilling moratorium, the climb to recovery appears slow for the oil and natural gas industries in the Gulf of Mexico since the Macondo spill of 2010. In reality, it's a little more ambiguous than public perception or data numbers suggest.

China's central bank cut the reserve requirement ratio for its commercial lenders on Wednesday for the first time in nearly three years to ease credit strains and shore up an economy running at its weakest pace since 2009.

Banks' contribution to the economy may be hugely overstated, underscoring anger about the scale of taxpayer rescues and resultant government cutbacks, but a sharp retreat of banking worldwide looks painful for all and needs calibrating.

Down a stretch of cobblestone in Manhattan's Soho neighborhood, a historic cast-iron building encloses a modern interior. The building is 34 Greene Street, atop which is a massive two-level penthouse, currently on the market for $13.75 million.

The Malkin family, the New York landlords who own the Empire State Building, plan to file to become a publicly traded real estate investment trust (REIT) in around three months, it said in a Securities and Exchange Commission filing.