Construction company Saudi Binladin, founded by Osama bin Laden's father, reportedly laid off 50,000 staff, as cheap oil spurs government spending cuts. » Read More
Yum Brands said Greg Creed will become the CEO of the restaurant operator and join its board of directors on Jan. 1, replacing David Novak.
Facebook introduced new features that let users limit how much personal information they share with third-party mobile apps.
AT&T has approached DirecTV about a possible acquisition of the satellite TV company, the Wall Street Journal reported on Thursday.
Merck is considering selling a big portfolio of mature drugs that could fetch more than $15 billion, according to people familiar with the matter.
Sony slashed its operating profit estimate by nearly 70 percent for the financial year ended March 31.
A court injunction prohibited two firms from proceeding with plans to buy Russian rocket engines used to send U.S. Air Force satellites into space.
Facebook rolled out a new service that it envisions will distribute ads across a network of mobile applications.
Here's why Twitter isn't making a big deal out of its drop in active users, says Buzzfeed's Jon Steinberg.
Price and quality of information are the two top elements customers want from a trip booking site, according to a new survey.
More than half the revenue from Botox comes from therapeutic, not cosmetic, use. And its potential is helping to make Allergan an attractive target.
British clothing chain FatFace is to list on the London Stock Exchange, it said on Thursday, targeting a market value of at least 440 million pounds ($743 million).
The clients had asked the firms to use the trading platform featured in Michael Lewis' "Flash Boys" but were rejected for different reasons.
Wal-Mart announced a new marketing partnership with AutoInsurance.com, a comparison website for drivers.
What does Twitter have to do with pending IPOs? Because Twitter went public in November amid a tidal wave of buzz.
The $11.2 billion loss includes a write-off in March of the government's remaining $826 million investment in 'old' GM, a Treasury watchdog said.
Citigroup has cut 200 to 300 jobs, or about 2 percent of its global markets workforce, the Wall Street Journal reported.
Executives from NBCUniversal and ESPN say advertisements shown on video-on-demand content could be worth more than those shown on live viewing.
Computing giant HP and Foxconn will today announce a joint venture to manufacture a new line of servers.
Nuclear power producer Exelon Corp. said it would buy Pepco Holdings for $6.83 billion to create the biggest mid-Atlantic electric and gas utility.
“At these levels the stock’s selling for 15 times earnings despite having a 25% growth rate," Cramer said.
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