Sept 16- United States Steel Corp said its Canadian arm would apply for relief from creditors under Canada's Companies' Creditors Arrangement Act and said it would drop plans to expand two of its facilities. Steel Canada, formerly known as Stelco, accounts for about $1 billion of U.S.» Read More
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.
Tribune said it would acquire Local TV Holdings, which owns 19 television stations, for $2.73 billion in cash.
One of New York City's largest landlords, Thor Equities, has offered more than $2.1 billion in cash to buy the Empire State Building, the real estate firm's broker said.
Orchard Supply Hardware Stores has filed for Chapter 11 bankruptcy protection, with rival retailer Lowe's Companies set to buy the majority of its assets for $205 million in cash.
Indian tire manufacturer Apollo Tyres said it plans to buy Cooper Tire & Rubber for about $2.5 billion.
A subsidiary of Warren Buffett's Berkshire Hathaway is buying Nevada's largest electric utility for $5.6 billion in cash.
Title insurer Fidelity National Financial and buyout firm Thomas H. Lee Partners are in advanced talks to acquire mortgage service provider Lender Processing Services.
Even inside JPMorgan Chase, it's a bit of a mystery. Was it the outreach? Or were investors just not that interested in taking power from Dimon?
All attention will be on JPMorgan Chase's Chairman and CEO Jamie Dimon as he takes the stage Tuesday morning during the bank's annual shareholder meeting in Tampa, Florida.
Shares in Barnes & Noble surged on Thursday after a report that its partner Microsoft is considering an offer to acquire all of Nook Media's digital assets.
Make-A-Wish Foundation President & CEO David Williams discusses internet hacking, and a new campaign to help raise as many airlines miles as possible to help grant more wishes.
The $650 million agreement would also settle the fund's claims of about $2.8 billion against the bankrupt company.
Thailand's richest man bid $6.6 billion to buy cash-and-carry wholesaler Siam Makro from Dutch firm SHV Holdings, the biggest Asia-Pacific M&A deal this year.
Swedish telecom equipment maker Ericsson struck a deal on Monday to buy Microsoft's Mediaroom IPTV business, which makes software used by phone companies to deliver television over the Internet.
French media group Lagardere Tuesday said it has sold its entire 7.4% stake in European Aeronautic Defence & Space Co EADS through a private placement for 2.28 billion euros.
Spanish fishing company Pescanova said early on Friday it would file for insolvency after failing to reach an agreement with its creditors.
Under conditions to be announced Saturday, depositors in Bank of Cyprus will get shares in the bank worth 37.5 percent of their deposits over 100,000 euros, while the rest may never be paid back.
The president of Cyprus said on Friday the risk of bankruptcy had been contained and the country had no intention of leaving the euro.
A judge approved AMR's plan to merge with US Airways, a step toward creating the world's largest airline.