Aer Lingus rejected a takeover bid from British Airways owner IAG because it "fundamentally undervalued" the business.» Read More
Financial sponsor Carlyle Group is closing in on a deal to purchase a large Sunoco oil refinery in Philadelphia, according to three people familiar with the matter, in a transaction that could be completed in a matter of days, one of these people said.
British prime minister David Cameron faces the prospect of appearing for a full day at the Leveson Inquiry into press standards and ethics on Thursday, rounding off a week in which the elite of British politics will have given evidence into their dealings with the media.
Ivan Glasenberg, chief executive of Glencore, has launched a provocative defence of high pay for executives, arguing that substantial remuneration is required to secure entrepreneurial leaders, the Financial Times reports.
The airline sector has been hard hit by the crisis, but while Air France and Lufthansa are still struggling, International Airlines Group could be cruising towards clearer skies, Arnaud Scarpaci, fund manager at Agilis Gestion, told CNBC.
Stocks lost steam in the final hour of trading to finish mixed Thursday, after the Federal Reserve announced new capital rules for financials and following Bernanke's comments that offered little hope for further central bank intervention.
CNBC.com spoke with human resource experts to find out the five tell-tale signs that you may need to update your resume.
U.S. stock futures held their gains Thursday following the weekly jobless claims report and after China's central bank unexpectedly announced that will cut its interest rates.
Discussions continue as to how to recapitalize Spain’s troubled banks, Fannie Mae gets a new CEO, Sprint will soon be rolling out a pay-as-you-go iPhone, Starbucks and Coinstar strike a deal.
Goldman Sachs has laid off roughly 50 people last week, a number of whom were from the higher end of its pay scale, according to people briefed on the matter but not authorized to speak on the record, rattling sentiment with the firm. The New York Times reports.
A 275 page report sheds light on what may have happened in the last days of MF Global, airlines consider more fees, Starbucks spends $100 million on bread companies, CBS Outdoor billboards business could fetch $6 billion.
Days before shareholders voted on Bank of America’s 2008 purchase of Merrill Lynch, top executives were told the investment firm’s losses would most likely hammer future earnings, the New York Times reports.
Stocks suffered their worst day of the year, with the Dow tumbling into negative territory for 2012, after a disappointing jobs report in addition to dismal data from China and Europe fueled fears over the health of the global economy.
Stock market futures plunged Friday after the government reported job creation fell well short of expectations.
A Facebook 'Like' can now make you a part of an advertising strategy, the New York Times reports.
Stocks closed lower Thursday with all three major averages logging their worst May since 2010, driven by mounting concerns over the euro zone debt crisis in addition to worries over a slowing U.S. economy.
The $40 billion Goldman Sachs said last week it will invest in green technologies over the next 10 years, or $4 billion a year, actually represents a slowdown from last year's $4.8 billion. But you won't hear environmentalists complaining.
U.S. stock index futures pared their early Thursday following a pair of weak jobs data and after news the economy grew at a slower pace than expected.
Rather than invest in these three stocks, Cramer has some alternatives.
Stocks finished sharply lower Wednesday, wiping out all of the previous session's gains, as growing worries over rising bond yields in Spain and Italy and fears over Greece's possible euro zone exit kept investors on edge.
Private equity is not the money machine it used to be. Buyouts are more costly, sellers are less willing to negotiate, credit markets are choppy and returns are down, pushing players to take more risks, the New York Times reports.
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