-
22 May ' 16:49
12,502.80 -1.67 -0.01% 1,316.63 +0.64 0.05% 2,839.08 -8.13 -0.29% 2,192.85 +42.69 1.99% 5,403.28 +98.80 1.86% 6,435.60 +104.56 1.65% 1,567.30 -0.59% 1.2660 -0.1892% 2,839.08 -0.29% 12,502.80 -0.01% 1,316.63 +0.05% 5,403.28 +1.86% 2,192.85 +1.99% 6,435.60 +1.65% 91.63 -0.24% 1.769% +0.027 6.98 +2.20% 34.01 +4.61% 
Let the Facebook Inc. finger-pointing begin.
Morgan Stanley defended its role in Facebook Inc.’s initial public offering after a Massachusetts regulator subpoenaed the bank over talks between an analyst and investors about the social media company’s revenue outlook.
- Australia Tops OECD Better Life Index, Leading Norway and U.S.Updated 38 minutes ago
- JPMorgan Losses Become Tool in Dodd-Frank Rule DebateUpdated 41 minutes ago
- Gol Cuts Jobs for Elusive Profit Seen as Years AwayUpdated 43 minutes ago
Oil traded near the lowest settlement in two days in New York after Iran agreed to let in United Nations nuclear inspectors and U.S. crude stockpiles increased.
- Rajaratnam Bought Goldman, Smiled, Gupta Witness SaysUpdated 31 minutes ago
- SAP Agrees to Acquire Ariba in $4.3 Billion DealUpdated 43 minutes ago
The world’s largest mining companies led by BHP Billiton Ltd. are struggling with higher costs to complete $200 billion in new projects, prompting them to slow work and turn instead to acquisitions and asset sales.
Barclays Plc, the U.K.’s second- largest bank by assets, said it will receive net proceeds of $5.5 billion from the sale of its entire stake in BlackRock Inc.
- Warhol Bardot, Self Portrait Boost $56 Million Sachs SaleUpdated 48 minutes ago
A plea to shed “taboos” may put German Chancellor Angela Merkel in a corner today as she digs in against joint debt sales to counter Europe’s financial crisis.
A Facebook Inc. investor sued Nasdaq OMX Group Inc. claiming the stock exchange “badly mishandled” Facebook’s initial public offering, delaying trading and failing to cancel orders when requested by customers.
Latin America’s renewable-energy boom will drive up the use of solar and wind-power equipment, adding the equivalent of Germany’s annual demand by 2015, according to consulting firm Climate Strategy.
Israeli scientists for the first time succeeded in transforming the skin cells of heart-failure patients into healthy heart-muscle cells, suggesting that it may be possible to repair the organ with a person’s own tissue.
- Novo’s Insulin Pill Quest is Holy Grail for Novo: HealthUpdated 1 hour ago
There are some great performances in an amusing new production of Verdi’s “Falstaff” (1893) at the Royal Opera House in London. Yet Rupert the horse manages to outshine everyone else on stage.
- Times Square Burlesque Cabaret Stirs Up Union ProtestersUpdated 3 hours ago
Liverpool has chosen Fenway Sports Management executive Billy Hogan to become the commercial director at the 18-time English soccer champion, according to two executives connected with the team.
- Heat Would Be NBA Finals Underdogs Against Spurs or ThunderUpdated 1 hour ago
- Kim Clijsters Says She Will Retire Again After U.S. Open TennisUpdated 3 hours ago
JPMorgan Chase & Co., the biggest U.S. bank, has hired former U.S. Securities and Exchange Commission enforcement chief William McLucas to help respond to regulatory probes of the firm’s $2 billion trading loss.
- Putin Adviser Sechin Renews Dealmaker Role Beyond KremlinUpdated 3 hours ago
- Rajaratnam Bought Goldman, Smiled, Gupta Witness SaysUpdated 4 hours ago
12,502.80 -1.67 -0.01% 1,316.63 +0.64 +0.05% 5,403.28 +98.80 +1.86% 6,435.60 +104.56 +1.65% 1.2662 -0.0022 80.0145 +0.0540 +0.07% 108.41 -0.40 -0.37% 1,567.30 -9.30 -0.59% 604.00 +7.00 +1.17% 0.295% +0.011 1.769% +0.027 
-
22 May ' 06:10
2,174.81 +24.65 1.15% 5,363.23 +58.75 1.11% 6,393.92 +62.88 0.99% 8,729.29 +95.40 1.10% 733.33 +8.18 1.13% 19,039.20 +116.83 0.62% 1,578.10 -0.67% 1.2756 -0.4788% 5,363.23 +1.11% 2,174.81 +1.15% 6,393.92 +0.99% 92.15 -0.45% 1.783% +0.041 Wells Fargo & Co. will double its $444 billion asset-management unit within seven years by expanding in international markets as wounded European rivals retrench, according to division chief Mike Niedermeyer.
European stocks climbed the most in four weeks amid speculation that China and the euro area will do more to stimulate global economic growth.
- TCW Beats 97% of Rivals Led by Gundlach With Housing: MortgagesUpdated 19 minutes ago
- Europe Futures, Metals Gain on Stimulus Signs; Euro DropsUpdated 27 minutes ago
- Peugeot Attracts at Least Six Potential Bidders for Gefco UnitUpdated 29 minutes ago
Abu Dhabi shares rose to a one-week high, led by Aldar Properties PJSC and Sorouh Real Estate Co., as the emirate’s biggest developers were said to be considering appointing advisers for a possible merger. Saudi shares rallied.
- U.S. Stock Futures Little Changed as Facebook SlumpsUpdated 20 minutes ago
- Yen Falls Most in a Month as Japan Is Downgraded by FitchUpdated 20 minutes ago
- Canada Dollar Fluctuates on Europe, China Growth OutlookUpdated 21 minutes ago
The pound fell for the first time in three days against the dollar after a government report showed U.K. inflation slowed last month more than economists forecast.
- Treasuries Fall Third Day Before European Summit, AuctionUpdated 11 minutes ago
- Crude Falls on OECD Forecast Cut, Iran Inspection AccordUpdated 31 minutes ago
- U.K. Stocks Rise on China Demand Prospects; Xstrata GainsUpdated 34 minutes ago
Best Buy Co., the largest U.S. consumer-electronics retailer, reported first-quarter profit that exceeded analysts’ estimates, helped by demand for smartphones.
- Vodafone Revenue Beats Estimates on Germany, TurkeyUpdated 2 hours ago
Japan’s sovereign-credit rating was lowered by Fitch Ratings because of limited progress by the government in tackling the world’s biggest public debt burden.
- IMF Says U.K. Needs More BOE Stimulus and Possible Tax CutsUpdated 2 hours ago
- Fired Thai Air CEO Blames Politics Over Business: Southeast AsiaUpdated 3 hours ago
Denmark, which holds the rotating European Union presidency, said it won backing from member states in the 27-member bloc to reduce the dominance of rating companies in financial markets.
- Updated 3 hours ago
Romania’s energy-market regulator may ask the government to reduce incentives for solar power generation from 2013, as the number of green certificates received by producers is too high, Mediafax reported, citing a regulator official.
- EDF to Decide on Whether to Extend U.K. Reactors’ Lives by 2013Updated 2 hours ago
A prostate cancer test used by half of men older than 40 isn’t worth the risk of side effects from unnecessary treatment and shouldn’t be used to diagnose the disease, a U.S. panel said, affirming its earlier advice.
During his college years in Raleigh, North Carolina, Doc Hendley’s big priorities were playing the guitar, bartending and thundering through the city’s streets on his Harley Davidson.
Real Madrid coach Jose Mourinho agreed to extend his contract with the team through June 2016, the Spanish soccer champion said.
- Chelsea Plans ‘Spending Spree’ on Hazard and Hulk: RoundupUpdated 3 hours ago
Malaysian opposition leader Anwar Ibrahim was charged with participating in an illegal street demonstration, potentially hindering efforts to prepare for elections that could come this year.
5,363.23 +58.75 +1.11% 6,393.92 +62.88 +0.99% 8,729.29 +95.40 +1.10% 19,039.20 +116.83 +0.62% 1.2755 -0.0063 -0.49% 79.8307 +0.5248 +0.66% 108.61 -0.20 1,578.10 -10.60 -0.67% 624.25 -8.75 -1.38% 0.081% -0.000 +0.004 1.783% +0.041 -
21 May ' 18:56
12,504.50 +135.10 1.09% 1,315.99 +20.77 1.60% 2,847.21 +68.42 2.46% 2,150.16 +5.47 5,304.48 +36.86 0.70% 6,331.04 +59.82 0.95% 8,697.44 +63.55 0.74% 731.65 +6.50 0.90% 19,013.10 +90.82 1,591.80 +0.20% 1.2794 -0.1824% 2,847.21 +2.46% 12,504.50 +1.09% 1,315.99 +1.60% 5,304.48 +0.70% 2,150.16 6,331.04 +0.95% 92.63 +0.06% 1.750% +0.029 6.83 -2.71% JPM:US 32.51 -2.93% 
With only six months before the election, the stock market is giving President Barack Obama the worst returns since Ronald Reagan was seeking a second term.
Asian stocks rose for a second day after Germany’s financial chief pledged to consider growth measures for Europe. Companies that sell to China rose for a second day after the country’s premier pledged to support economic expansion.
- Leighton Jumps Most in Nine Months on Forecast: Sydney MoverUpdated 36 minutes ago
- Cathay Pacific Sues World Fuel Over Claim of Tainted FuelUpdated 40 minutes ago
- Diamond-Seller Choksi Takes on World With Bollywood: CommoditiesUpdated 55 minutes ago
The yen remained weaker as the Bank of Japan starts its two-day meeting today amid speculation the central bank will boost stimulus measures to support growth.
- Brazil Leans on Banks to Help Boost Slumping Vehicle SalesUpdated 38 minutes ago
- Bharat Petroleum and Oman Oil JV Said to Seek $140 Million LoanUpdated 48 minutes ago
- Japan Stocks Rise as Germany Agrees to Consider Growth OptionsUpdated 48 minutes ago
Treasuries stayed lower after falling for two days as economists said a private report will show sales of existing homes in the U.S. rose in April, indicating the housing market is beginning to stabilize.
- Itoham Foods Sells 10 Billion Yen of 0.58% Five-Year BondsUpdated 1 hour ago
A former Yahoo! Inc. executive and a former mutual fund manager at a unit of Ameriprise Financial Inc. pleaded guilty to insider trading, the U.S. said.
- Renesas Shares Climb on Report It May Cut Jobs, Add CashUpdated 1 hour ago
Bank of England Governor Mervyn King’s response to the financial crisis will be scrutinized after lawmakers pushed for an inquiry as the central bank prepares to take over financial regulation.
Toshiba Corp. conspired with rivals to fix the price of display screens, forcing businesses and consumers to pay more for televisions and laptop computers, a U.S. jury was told at the start of an antitrust trial.
Chad Porter wants to run his 18- wheeler trucks on frozen natural gas across Canada’s Rocky mountains even before the world’s longest chain of refueling stations gets built to keep them fueled.
The PSA prostate-cancer test used by half of U.S. men older than 40 carries more risks than benefits and shouldn’t be used to diagnose the disease, a U.S. panel said, reaffirming its earlier advice.
Gael Garcia Bernal holds court on a hotel terrace in Cannes as persistent rain showers beat against the plastic curtains all around.
- Drinking With Beyonce, Dining With Jean-GeorgesUpdated 2 hours ago
- Bordeaux 2011 Prices Cut as Much as 45%Updated 2 hours ago
Top-ranked England will start preparations for the second cricket Test against West Indies tomorrow as it seeks to wrap up a series victory after winning the opening match.
- Playoffs Lure Coyotes Buyer as Losses Force City FiringsUpdated 1 hour ago
U.S. Nuclear Regulatory Commission Chairman Gregory Jaczko said he is resigning, as lawmakers, colleagues and an independent watchdog criticize what they said is a bullying style and mistreatment of female employees.
12,504.50 +135.10 +1.09% 1,315.99 +20.77 +1.60% 5,304.48 +36.86 +0.70% 6,331.04 +59.82 +0.95% 8,697.44 +63.55 +0.74% 19,013.10 +90.82 1.2794 -0.0023 -0.18% 79.3345 +0.0285 +0.04% 109.02 +0.21 +0.19% 1,591.80 +3.10 +0.20% 629.75 -3.25 -0.51% 0.066% -0.010 1.750% +0.029 -
21 May ' 07:11
12,411.80 +42.46 0.34% 1,298.98 +3.76 0.29% 2,788.50 +9.71 0.35% 2,142.92 -1.77 -0.08% 5,292.72 +25.10 0.48% 6,312.70 +41.48 0.66% 1,587.10 -0.30% 1.2740 -0.3118% 2,788.50 +0.35% 12,411.80 +0.34% 1,298.98 +0.29% 5,292.72 +0.48% 2,142.92 -0.08% 6,312.70 +0.66% 91.76 +0.31% 1.733% +0.010 7.01 -0.14% 
Hedge funds reduced wagers on a rally in commodities to the lowest this year on mounting speculation that Greece will leave the euro, slowing global growth and curbing demand for everything from copper to soybeans.
- Updated 22 minutes ago
European stocks climbed, rebounding from last week’s biggest selloff since September, as China’s pledge to boost growth outweighed concern that Greece may be forced to leave the euro area.
- Updated 19 minutes ago
- JPMorgan Suspends Buybacks While Maintaining Payout, Dimon SaysUpdated 27 minutes ago
Credit Suisse Group AG plans to liquidate its 6 billion-euro ($7.6 billion) German property mutual fund after investors tried to withdraw more money than the fund has available.
- Nasdaq CEO Blames Software for Delayed Facebook IPO TradingUpdated 27 minutes ago
- Alibaba Buys Back 20% Stake From Yahoo for $7.1 BillionUpdated 28 minutes ago
- Oil Rises for First Time in Seven Days on China PledgeUpdated 30 minutes ago
Facebook Inc., the social networking site that raised $16 billion in its initial public offering, fell below its $38 offer price in its second trading day.
- Stocks Gain Before Europe Summit as Metals Rise on ChinaUpdated 37 minutes ago
- U.S. Stock Futures Rise on China as Europe Shares ReboundUpdated 50 minutes ago
JPMorgan Chase & Co. Chief Executive Officer Jamie Dimon may give investors “a better explanation” of how the bank lost $2 billion on trading and whether the dividend is safe when he appears at an investor conference later today, according to Citigroup Inc. analysts.
The yen declined against all its major counterparts on speculation the Bank of Japan will add to stimulus measures this week to support growth and weaken the nation’s foreign-exchange rates.
Dominique Strauss-Kahn, the former head of the International Monetary Fund, faces a preliminary inquiry from prosecutors in France over allegations he and other men raped a prostitute in Washington in December 2010.
Suzlon Energy Ltd. advanced the most in almost three months in Mumbai trading on a plan to raise as much as $800 million this year in loans and a bond sale, easing pressure on the company to sell its Repower Systems AG unit.
Johnson & Johnson and Bayer AG’s blood-thinner Xarelto should be approved to help prevent heart attacks and strokes in patients with a common condition, a U.S. regulatory report recommended.
Rafael Nadal beat Novak Djokovic in the final of the Rome Masters and moved back to No. 2 in the world tennis rankings.
12,411.80 +42.46 +0.34% 1,298.98 +3.76 +0.29% 5,292.72 +25.10 +0.48% 6,312.70 +41.48 +0.66% 1.2741 -0.0039 -0.30% 79.3400 +0.3200 +0.40% 107.99 +0.85 +0.79% 1,587.10 -4.80 -0.30% 638.25 +2.75 +0.43% 0.056% -0.020 1.733% +0.010 -
21 May ' 01:36
2,156.49 +11.80 0.55% 5,298.26 +30.64 0.58% 6,314.36 +43.14 0.69% 8,633.89 +22.58 0.26% 725.15 -0.39 -0.05% 18,922.30 -29.53 -0.16% 1,595.60 +0.23% 1.2776 -0.0309% 5,298.26 +0.58% 2,156.49 +0.55% 6,314.36 +0.69% 92.13 +0.71% 1.762% +0.039 114.00 -0.87% 
With only six months before the election, the stock market is giving President Barack Obama the worst returns since Ronald Reagan was seeking a second term.
- Manhattan Tenants Pay Top Office Rents for Midtown SouthUpdated 4 hours ago
- Health Bargain Hunters Use Websites to Cut Doctor BillsUpdated 4 hours ago
Asian stocks rose, with the regional index rebounding from its biggest drop in six months, after Premier Wen Jiabao said China will focus more on bolstering economic growth.
- Dollar Bond Sales Stall in Asia as Costs Soar on Debt CrisisUpdated 11 minutes ago
- Ryanair Says Profit to Decline as Fuel Prices Outpace FaresUpdated 14 minutes ago
- European Stocks Rebound From Selloff as Carmakers ClimbUpdated 15 minutes ago
European stocks and U.S. equity futures increased before German and French officials meet today ahead of a summit of regional leaders to discuss ways to contain the debt crisis. Commodities gained on speculation China will ease monetary policy to spur growth.
- Asia Currencies to Extend Slide on Growth, Citigroup SaysUpdated 26 minutes ago
- Yen Drops Versus Peers on Prospects BOJ to Add StimulusUpdated 43 minutes ago
- DaVita to Pay $4.42 Billion for HealthCare PartnersUpdated 45 minutes ago
Swiss stocks rose as the benchmark Swiss Market Index advanced 0.4 percent to 5,821.18 at 10:14 a.m. in Zurich, as China’s pledge to boost growth offset concern over the future of the euro.
- European Stocks Advance, Snapping Five-Day RetreatUpdated 49 minutes ago
- Rubber Gains Most in 4 Months on Optimism China to Boost GrowthUpdated 51 minutes ago
- Italian Two-Year Notes Reverse Decline; Spanish Notes AdvanceUpdated 54 minutes ago
Kabel Deutschland Holding AG agreed to acquire Tele Columbus Group, the German cable television provider owned by creditors after restructuring its debt, for 603 million euros ($770 million) plus accrued interest to expand coverage of the country’s pay-television households.
Treasuries fell for a second day on speculation record-low yields will curb demand when the U.S. auctions $99 billion of coupon-bearing debt beginning tomorrow.
- Vietnam Economic Slowdown Seen in Cobweb-Covered CratesUpdated 2 hours ago
- Thailand Economy Unexpectedly Expands on Post-Flood RecoveryUpdated 3 hours ago
Libya’s interim government said it would keep open the file on the 1988 bombing of Pan Am Flight 103 over Lockerbie, Scotland, even after death of the sole person convicted of the attack.
- Australia Lawmaker Thomson Says Prostitute Claims FabricatedUpdated 4 hours ago
- China Barrier Eases, Sweden Dodges, Mexico Probed: ComplianceUpdated 4 hours ago
Germany should stop utilities including EON AG from closing unprofitable gas-fired power plants to safeguard supplies, Handelsblatt reported, citing the state-owned Dena Energy Agency.
- OCI Leads Solar Cell Declines on Investment Delay: Seoul MoverUpdated 1 hour ago
Days after Bill Ackman won control of Canadian Pacific Railway Ltd., the nation’s second-largest railway, he was at the USTA Billie Jean King National Tennis Center trying to control his backhand against Wall Street’s biggest hitters.
- Babe Ruth Sets More Records With $5 Million Sale of Jersey, CapUpdated 4 hours ago
LeBron James and Dwyane Wade ensured the Miami Heat wouldn’t lose a third straight game in the National Basketball Association playoffs, combining for 70 points in a 101-93 win over the Indiana Pacers that ties their Eastern Conference semifinal series at two games apiece.
- Liverpool Approaches Ajax Coach Frank de Boer: Soccer RoundupUpdated 2 hours ago
- Formula One Said to Get Nod for $3 Billion Singapore IPOUpdated 3 hours ago
- Playoffs Lure Coyotes Buyer as Losses Force City to Fire WorkersUpdated 4 hours ago
Apple Inc. and Samsung Electronics Co. are unlikely to resolve their worldwide fight over mobile device patents in court-ordered talks that start today between their chief executive officers, said lawyers following the case.
- Gupta’s Davos-Worthy Friends Praise ‘Other Rajat’ OnlineUpdated 4 hours ago
- JPMorgan CIO Risk Chief Said to Have Trading-Loss HistoryUpdated 4 hours ago
5,298.26 +30.64 +0.58% 6,314.36 +43.14 +0.69% 8,633.89 +22.58 +0.26% 18,922.30 -29.53 -0.16% 1.2778 -0.0003 -0.02% 79.4095 +0.3895 +0.49% 108.06 +0.92 +0.86% 1,595.60 +3.70 +0.23% 642.00 +6.50 +1.02% 0.081% +0.005 0.290% -0.004 1.762% +0.039 -
20 May ' 14:53
1.2783 0.0215% 
“Poor design” in Nasdaq OMX Group Inc.’s software driving auctions for initial public offerings delayed Facebook Inc.’s first day of trading, the exchange operator’s chief executive officer said.
- Grain-Pit Traders Squeezed Out as CME Expands to Match ICE HoursUpdated 52 minutes ago
- Obama Says NATO Focused on Strategy to Support AfghansUpdated 53 minutes ago
- Updated 1 hour ago
Former U.S. House Speaker Newt Gingrich and former Senator Rick Santorum quit their races for the Republican presidential nomination owing millions of dollars, Federal Election Commission reports show.
- Three Accused of Terror Plot Before NATO SummitUpdated 1 hour ago
- Investors Least Bullish in 2012 as Crisis Escalates: CommoditiesUpdated 1 hour ago
The average price for regular gasoline at U.S. filling stations fell 6.19 cents in the past two weeks to $3.7833 a gallon, according to Lundberg Survey Inc.
With David Jones Ltd. trading at the lowest price to its net assets in eight years, the Australian department store’s real estate is making it a buyout candidate.
Australia’s federal budget, targeting a return to surplus next fiscal year, is taking a conservative view of Europe’s economic outlook, forecasting a 0.75 percent contraction this year, Treasurer Wayne Swan said.
Planned Parenthood-affiliated groups in Texas asked a federal appeals court to uphold a ruling requiring the state to keep subsidizing the clinics.
Babe Ruth’s earliest-known jersey has sold at auction for $4.42 million, a record for an item of sports memorabilia.
The University of Notre Dame defeated the defending champion University of Virginia and Duke University ousted Colgate University to advance to the semifinals of college lacrosse’s national men’s tournament.
- Sharapova Beats Li in Rome Tennis; Djokovic-Nadal PostponedUpdated 3 hours ago
- Colsaerts Beats McDowell to Win Volvo World Match Play FinalUpdated 3 hours ago
- England Set 191 to Win First Test vs West Indies, Reaches 10-2Updated 3 hours ago
Facebook Inc. Chief Executive Officer Mark Zuckerberg announced his marriage to Priscilla Chan on his Facebook page yesterday. The couple wed in a ceremony in the backyard of his home in Palo Alto, California, the Associated Press reported.
1.2783 +0.0002 +0.02% 79.1910 +0.1710 +0.22% -
20 May ' 04:41
Saudi Arabia boosted crude production close to a 31-year high in March, overtaking Russia as the world’s largest oil producer for the first time in six years, according to the Joint Organization Data Initiative.
- Updated 4 hours ago
Spanish Economy Minister Luis de Guindos rejected European Union pressure this week to take an International Monetary Fund credit line to help shore up the nation’s lenders, the Madrid-based ABC newspaper reported.
Alibaba Group Holding Ltd. is near an agreement to buy back a 20 percent stake in itself from Yahoo! Inc. for about $7 billion and may announce a deal as soon as today, said a person with knowledge of the matter.
A U.S. mission to send the first unmanned commercial spacecraft to the International Space Station was aborted with a half second left in the countdown.
Manufacturers probably received more orders in April and home sales rose, a sign the U.S. expansion is still on track, economists said before reports this week.
Three men were accused of planning terrorist attacks during the NATO summit in Chicago, where world leaders including President Barack Obama are scheduled to gather this weekend, the county prosecutor said.
The San Antonio Spurs rallied to beat the Los Angeles Clippers 96-86, while the Oklahoma City Thunder got a 103-100 comeback win over the Los Angeles Lakers in the National Basketball Association’s Western Conference semifinals.
Galleon Group LLC co-founder Raj Rajaratnam, for his trial last year on insider-trading charges, selected as his lawyer a combative ex-Marine who cursed at a cameraman after court one day.
-
19 May ' 17:10
A mission to send the first unmanned commercial spacecraft to the International Space Station was aborted less than a second before liftoff today after a computer detected an engine problem.
- G-8 Says Greece Should Stay in Euro as Differences LingerUpdated 44 minutes ago
- Black Civil Rights Group NAACP Endorses Same-Sex MarriageUpdated 2 hours ago
Three men were accused of planning terrorist attacks during the NATO summit in Chicago, where world leaders including President Barack Obama are scheduled to gather beginning today, the county prosecutor said.
Google Inc. won approval from Chinese regulators for its $12.5 billion purchase of Motorola Mobility Holdings Inc., clearing a final hurdle for a deal that boosts its patents portfolio and steps up competition with Apple Inc.
Treasuries posted the longest streak of gains in more than 13 years, pushing 10-year yields close to a record low, as investors sought the safety of U.S. government securities while Europe’s debt crisis worsens.
Aston Martins of the sort favored by rock stars, boxing champions, James Bond, the Prince of Wales and a Scottish laird starred in a $10.3 million auction.
I’ll Have Another won the Preakness Stakes over favorite Bodemeister to set the stage for the first Triple Crown in thoroughbred racing since 1978.
- Chelsea Gets Champions League Success After Season of StumblesUpdated 30 minutes ago
- I’ll Have Another Wins Preakness Stakes to Set Up Triple CrownUpdated 1 hour ago
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19 May ' 06:46
- Chinese Rights Activist Chen Guangcheng Leaves Beijing for U.S.Updated 1 hour ago
- SpaceX Launch of First Unmanned Craft to ISS Is AbortedUpdated 1 hour ago
The U.K.’s Ministry of Defence plans to sell the six-acre Knightsbridge Barracks near Hyde Park in London that houses about 300 soldiers and their horses, Property Week reported, without saying where it got the information.
U.K. government bonds advanced for a fourth week, driving five- and 10-year yields to record lows, as deepening turmoil in the euro region spurred demand for the relative safety of gilts.
Facebook Inc., the social network operator whose shares began trading yesterday, was sued for $15 billion in an amended complaint by subscribers who claim the company invaded their privacy by tracking their Internet use.
Bank of England Governor Mervyn King will probably have to write a 10th consecutive letter to Chancellor of the Exchequer George Osborne to explain why inflation remained above the government’s upper limit in April, according to a survey of economists.
Planned Parenthood-affiliated groups in Texas asked a federal appeals court to uphold a ruling requiring the state to keep subsidizing the clinics.
Never mind the Facebook IPO. Some people believe that a dinosaur makes a good investment. Next week you can get in on the ground floor for maybe $1 million.
Fans of Blackpool and West Ham are heading for Wembley Stadium for English soccer’s Championship play-off final, which will secure promotion to the Premier League and at least 90 million pounds ($145 million) for the winner.
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18 May ' 20:12
12,369.40 -73.11 -0.59% 1,295.22 -9.64 -0.74% 2,778.79 -34.90 -1.24% 1,591.90 +1.08% 1.2780 0.6458% 2,778.79 -1.24% 12,369.40 -0.59% 1,295.22 -0.74% 91.48 -1.17% 1.723% +0.026 7.02 +0.57% Queensland’s state government, inheriting a planned $9 billion ($8.9 billion) coal port expansion from the previous administration, cut the scope of the project, saying it’s too costly and exceeds demand.
Chesapeake Energy Corp. cut the pay of its directors by 20 percent and halted their personal use of corporate airplanes amid mounting criticism of the company’s management.
U.S. stocks tumbled for a third week, pushing the Standard & Poor’s 500 Index to its longest losing streak since August, amid concern global economic growth is slowing and Greece may leave the euro area.
- European Stocks Post Biggest Weekly Drop in Eight MonthsUpdated 4 hours ago
- Facebook Stalls in Public Debut After Record $16B in IPOUpdated 4 hours ago
- Updated 4 hours ago
Microsoft Corp. won a federal trade ruling that will force Motorola Mobility Holdings Inc. to alter software on some of its Android-based mobile phones to keep bringing them into the U.S.
- Facebook Fails to Make Day-One Pop, Lags Behind GoogleUpdated 4 hours ago
Federal Reserve policy makers may find another round of Operation Twist is preferable to an outright asset-purchase program if the economy shows further signs of weakness or risks increase.
A top surrogate to Mitt Romney said making money -- rather than creating jobs -- was the primary goal of the presumed Republican Party presidential nominee when he was running Bain Capital LLC, saying he “acted responsibly” as chief executive officer of the private-equity firm.
Planned Parenthood-affiliated groups in Texas urged a federal appeals court to uphold a ruling requiring the state to keep subsidizing the clinics.
When Chesapeake Energy Corp. Chief Executive Officer Aubrey McClendon went on an oil and natural gas buying spree, Ralph Eads was the banker who found the money to fund it.
Osiris Therapeutics Inc. rose after the company said it won the world’s first approval for a stem- cell drug, gaining clearance in Canada to sell Prochymal for a disease that can attack patients who received bone-marrow transplants.
On the red carpet last night for the closing party of Internet Week, Facebook’s IPO today was the hot topic.
Andy Pettitte recorded his first Major League Baseball win since coming out of retirement as the New York Yankees topped the Cincinnati Reds 4-0 in interleague play.
The world’s richest people lost a combined $32.8 billion this week as concerns over a possible Greek exit from the euro area pushed the Standard & Poor’s 500 index to its biggest weekly loss since November 2011.
12,369.40 -73.11 -0.59% 1,295.22 -9.64 -0.74% 1.2780 +0.0082 +0.65% 79.0200 -0.2575 -0.32% 107.14 -0.35 -0.33% 1,591.90 +17.00 +1.08% 635.50 +10.50 +1.68% 0.292% +0.000 1.723% +0.026
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