The owner of British Airways and Spain’s Iberia has increased its takeover bid for Aer Lingus, say sources. The Financial Times reports.» Read More
The promise of low-cost gene sequencing could lead to a new era of personalized medicine, yielding new approaches for treating cancers and other serious diseases. The New York Times reports.
Stocks ended higher Wednesday, recovering a portion of the previous session's steep decline, buoyed by some better-than-expected economic reports and amid optimism over Greece's bond swap offer.
U.S. stock futures pointed to a higher open Wednesday, a day after Wall Street suffered its biggest one-day drop this year, following a handful of better-than-expected economic news.
Powerful, visionary chiefs can create billion-dollar brands. Steven Jobs at Apple and Mark Zuckerberg at Facebook are often-cited examples. But we’ve recently seen some illustrations in the takeover world of the dark side of the chief executive. Being powerful and visionary, or at least thinking you are, can lead corporate chieftains to great heights, but also to extreme narcissism. And the victims are often shareholders, the New York Times reports.
Stocks closed sharply lower Tuesday, with the Dow posting its first triple-digit decline in 2012, fueled by fears over a Greek default and amid economic growth concerns.
U.S. stock index futures fell sharply Tuesday amid renewed concerns that Greece and its private bondholders would not meet the deadline to complete a debt swap and ahead of the Super Tuesday primaries.
Stocks finished off their worst levels Monday but still ended in the red as renewed concerns over Greece and slowing growth in China overshadowed better-than-expected economic news in the U.S.
U.S. stock index futures were lower on Monday, following reports showing a slowdown in European private sector activity and after China lowered its growth target.
Stocks eased off their lows but still failed to close in positive territory Friday, as gains were limited following a robust rally in recent weeks and no major news on the economic front gave investors little reason to jump in.
Some brands make such an impression that the notion of them dissolving is unthinkable. Click ahead to see iconic brands that have vanished.
U.S. stock index futures pointed to a slightly lower open on Wall Street on Friday as investors took profits on Thursday's gains fueled by mostly positive economic data.
U.S. stock index futures held their modest gains Thursday, after jobless claims declined in the previous week to hold near four-year lows.
Stocks closed in the red Wednesday as Bernanke dashed hopes for further monetary stimulus during his speech to Congress on the economy. Still the S&P logged its best February since 1998 and the Nasdaq briefly topped 3,000 in intraday trading for the first time since December 2000.
A $45 billion buyout in 2007 of the Texas utility Energy Future Holdings has hurt investors because of declining natural gas prices, the New York Times reports.
U.S. stock index futures held gains Wednesday, following a better-than-expected GDP report and after European banks took up more than 500 billion euros in an effort to stabilize the region's financial system.
Stocks logged a gain Tuesday despite mixed economic reports, with the Dow finishing above 13,000 for the first time since May 2008 and the S&P closing at its best level in almost four years.
U.S. stock index futures erased their early gains to nudge into negative territory Tuesday following a handful of disappointing economic reports.
Stocks abruptly turned mixed in the final seconds of trading Monday, with the Dow ending in negative territory, while the S&P 500 still managed to log its best close since June 2008. Still, the Dow and the S&P 500 are both on track to posting their best February since 1998.
U.S. stock index futures were lower Monday, tracking losses in European shares, after the G20 told Europe over the weekend it must commit mor ecapital to fight the debt crisis before seeking more help.
Stocks ended narrowly mixed in another lackluster session Friday as investors hesitated to remain long ahead of the weekend, but the major indexes still posted gains for the week with the S&P logging its best finish since June 2008.
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