The Labor Department said Tuesday that unemployment rates rose or were unchanged in 27 states and fell in 23 states. The biggest job cuts occurred in states with large oil and gas drilling, led by Texas, which lost 25,400 jobs, and followed by Oklahoma, which cut 12,900. Pennsylvania lost 12,700, the third largest loss. Pennsylvania has benefited in recent years...» Read More
Fairfax Financial is struggling to raise financing several large lenders turned down its requests, Reuters reported Friday.
A 'lack of emotional buy-in' and culture clashes are to blame for deals that fail to live up to their promise, a new report finds.
Lenovo, the world's largest PC maker, is 'actively looking' into bidding on BlackBerry, Dow Jones reported on Thursday, citing unnamed sources.
Ailing smartphone maker BlackBerry has drawn interest of Cerberus, a private equity firm, according to reports Wednesday.
No firm lost more employees than Cantor Fitzgerald on 9/11. CNBC's Mary Thompson reports on the company's charity day that works to raise money for the victims' families. In 2012, the firm raised $12 million. Former New York City Mayor Rudy Giuliani reflects on the day, and the New York City election.
Following the confirmation of Vodafone's $130 billion-deal with Verizon on Monday, merger and acquisition (M&A) activity is set to boom according to an upcoming report.
Top investors in Vodafone are set to clash over what it should do with perhaps as much as $130 billion in proceeds from the sale of its stake in Verizon Wireless.
Carlos Slim threatened to walk away from his $9.5 billion offer to buy the 70 percent of Royal KPN he doesn't already own.
Barnes & Noble reported a deeper loss as sales of its Nook device and e-books continued to plunge, and its founder pulled the plug on his plan to buy its stores.
Zillow is buying the New York City-focused real estate company StreetEasy for $50 million to strengthen its foothold in on one of the country's most lucrative markets.
Activist investor Carl Icahn is suing Dell to prevent it from changing crucial details of a buyout offer from founder Michael Dell that Icahn stridently opposes.
Spartan Stores announced plans Monday to buy Nash Finch in $1.3 billion all-stock deal.
Dell founder Michael Dell and his partner Silver Lake would not raise their $24.4 billion bid, even if a vote on their offer is delayed, sources said.
Loblaw Cos., Canada's largest food retailer, will buy Shoppers Drug Mart for C$12.4 billion ($11.9 billion), as it faces competition from Target and Wal-Mart Stores.
Billionaire investor Carl Icahn and Southeastern Asset Management sweetened their bid for Dell by adding a warrant they say would increase the value of the offer to $15.50-$18 per share from $14.
Kroger says it will acquire Harris Teeter Supermarkets in a deal valued at $2.5 billion, including debt, to expand in the Southeast and mid-Atlantic states.
ISS Proxy Advisory Services is recommending that Dell shareholders approve the offer by CEO Michael Dell and Silver Lake Partners to take the company private.
Liberty Media's John Malone might be the most popular billionaire roaming the Sun Valley Resort as deal making returns to the spotlight.
The level of merger and acquisition activity (M&A) has fallen to its lowest since 2004, according to a new report, but Goldman Sachs says confidence is returning to the M&A market.
American Realty Capital Properties is buying American Realty Capital Trust IV in a cash-and-stock deal valued at about $3.1 billion.