Billionaire investor Carl Icahn explained taking the opposite side of Bill Ackman's short bet on Herbalife.
Regulators accused "unknown traders" of illegally trading on inside information that Heinz would be acquired in a $23.3 billion deal.
Investors in SAC Capital redeemed $1.68 billion Thursday, according to people familiar with the matter, a nod to a raft of legal issues that have embattled the hedge fund in recent months.
Candy king Bruce Weiner is selling off his collection of more than 200 "microcars" for an expected haul of more than $6 million.
Is Carl Icahn's massive bullish position in Herbalife disclosed Thursday just a personal vendetta against Bill Ackman?
Federal Reserve's Sandra Pianalto says that U.S. economy could minimize risk by aiming for smaller sized balance sheet.
Perhaps to investors, the shift in Under Armour describes the next phase in the company's development: From disruptive growth company to global retail machine ready to take on Nike
Apple's first product event of 2013 may be closer then you think. Peter Misek, senior technology analyst at Jefferies, predicts the first event will occur in March.
U.S. consumer sentiment improved in February, buoyed by signs of more hiring, though worries heightened about a decline in future income, a new survey showed.
Next week is an eclectic one for earnings. Here's what to expect from the retailers.
Trump Plaza, the Boardwalk centerpiece of Donald Trump's onetime Atlantic City empire, was sold to a California company for $20 million in the cheapest of a series of bargain-basement deals for distressed gambling halls in the struggling New Jersey seaside resort.
U.S. industrial production unexpectedly fell in January, weighed down by weak manufacturing and mining, according to a new report that was another sign of slow economic activity at the start of the year.
House conservatives want to extend to a full three years the current freeze on cost-of-living pay increases for the nation's 2 million civilian federal workers.
The "marriage penalty" that often made filing jointly more costly is mostly gone. But there are still instances when filing separately may be warranted.
Kraft Foods Group said fourth-quarter revenue likely declined about 11 percent from a year earlier due to reductions in trade inventories, but raised its forecast for 2013.
The Blackstone Group, the largest outside investor in the hedge fund SAC Capital Advisors, said it would keep most of its $550 million with the hedge fund for three more months.
As the Carnival Triumph inches toward port, attention is turning to what rights its passengers have. But the cruise industry receives less oversight than the airline industry. The Christian Science Monitor reports.
Regulators are scrutinizing unusual trading surrounding the planned $23 billion takeover of the food company H. J. Heinz, raising questions about potential illegal activity in one of the biggest deals in recent memory. The New York Times reports.
Thousands of relieved passengers poured ashore from a stinking cruise ship on Friday after five days adrift in the Gulf of Mexico with overflowing toilets and stench filled cabins.
After sitting out the industry's last round of mega-mergers, airline giants AMR Corp , parent of American Airlines, and US Airways Group are finally tying the knot. Meet the matchmakers: the financial and legal advisers for AMR's unsecured creditors' committee in bankruptcy.