Comcast and Time Warner Cable have entered negotiations to sell cable assets worth up $20 billion to Charter Communications in a deal aimed to allay Washington's concerns about their proposed merger.» Read More
Berkshire Hathaway has agreed to purchase chemical company Lubrizol in a $9 billion cash deal worth $135 per LZ share, the two companies said Monday.
A wise old fund manager once told me "never trust a man or woman under the age of thirty to manage your money; they ain't seen nothing yet."
The show, dubbed "geek spring break" by some, has grown beyond its music and film roots to become a gathering spot for venture capitalists and some of the biggest stars in the tech world. But as it has grown, it has become more difficult for startups to turn heads.
Across the nation, millions of young people are lying about their ages so they can create accounts on popular sites like Facebook and Myspace, The New York Times reports.
Stocks ended higher for the session, although lower for the week, amid concerns over global growth and Middle East unrest, and and in the wake of a devastating earthquake in Japan. C
Each Friday, The Strategy Session looks for the best opportunities to generate income for your portfolio by bringing on money managers and having them explain their strategies for finding yield. Each Friday, we talk to the Yield Hunters.
Stocks climbed in the last hour of trading as sectors that had been beaten up during the week regained ground, despite a devastating earthquake in Japan. 3M and Caterpillar rose, while Verizon fell.
Stocks turned higher after mixed economic news in the U.S. and China, and in the wake of a massive earthquake in Japan, which has sent Asian and European shares lower and rattled investor confidence already damaged by uncertainty in the Middle East. Alcoa and Exxon rose, while Verizon fell.
U.S. stock index futures continued to slump ahead of the open Friday despite news February retail sales rose in line with expectations but after a massive earthquake hit Japan, sending Asian and European shares lower and rattling investor confidence already damaged by uncertainty in the Middle East.
The US vice-president has warned Russia it risks scaring away investors unless it moves to strengthen the rule of law and introduce political reforms.
American International Group offered on Thursday to buy back, for $15.7 billion cash, mortgage-backed securities the U.S. government had taken off the bailed-out insurer's hands during the financial crisis.
On the day that coffee giant Starbucks announced the partnership with single-serve provider Green Mountain, Starbucks CEO and chairman Howard Schultz, stopped short of saying how much investors could expect from the arrangement, but called it a “major opportunity,” whose economics would be accreted next year.
Stocks closed near session lows, and below psychologiclaly important levels, as global worries triggered by European sovereign debt and a slowing in Chinese growth escalated after news of violence against protesters in Saudia Arabia. Caterpillar and Exxon led decliners, while McDonald's rose.
Institutional Shareholder Services, the biggest proxy advisor firm, may be losing its expert grip. One of its key executives just left the firm: Qin Tuminelli, who spearheaded the mergers and acquisitions research. Tuminelli’s leaving comes just a year after the exit of Chris Young, who, as head of M&A and proxy contest research, held the signature slot on most I.S.S. opinions.
With a weak slate of titles, February is shaping up to be another negative month for the video game industry.
US stock index futures extended moved even lower after the government released disappointing news on trade data and jobless claims.
Libya’s central bank has ordered banks to recirculate old currency in the first sign that the oil-rich north African state is facing liquidity problems amid international efforts to freeze the regime’s assets, reports the Financial Times.
Wealthy Saudi investor Prince Alwaleed bin Talal expressed confidence in Citigroup's earnings potential and also called for the bank to issue a dividend to shareholders.
Stocks seem locked in a trading band of indecision, as traders await the next development from the Middle East or economic news that could move the market forward.
Stocks closed slightly lower after struggling in a narrow range Wednesday as oil prices ended mixed on the second anniversary since the S&P 500 hit its low point of the financial crisis. Caterpillar fell, while IBM rose.
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Carlyle has raised $698 million for its dedicated Africa fund, nearly $200 million above its initial target.
CNBC.com Enterprise Reporter Lawrence Delevingne discusses how the private equity industry views Africa.
LONDON, April 16- United Nations economists who previously called for government intervention to tame volatile swings in commodity prices say banks and hedge funds have since reduced their influence to the lowest level since 2008..