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  • UPDATE 1-Mickelson did not trade in Clorox stock - NYT Thursday, 12 Jun 2014 | 12:41 AM ET

    June 12- Golf star Phil Mickelson was not involved in insider trading in the shares of Clorox Co when billionaire investor Carl Icahn was attempting an unsolicited takeover of the consumer products company in 2011, the New York Times reported, citing people briefed on the probe.

  • Mickelson did not trade in Clorox stock - NYT Wednesday, 11 Jun 2014 | 10:23 PM ET

    June 11- Golf star Phil Mickelson was not involved in insider trading in the shares of Clorox Co while billionaire investor Carl Icahn was attempting an unsolicited takeover of the consumer products company in 2011, the New York Times reported, citing people briefed on the probe.

  • KIEV, June 11- Ukraine is shutting down two banks owned by tycoons close to its ousted president and a smaller lender which has also been hit by the country's economic and political upheaval, a senior banking official said on Wednesday.

  • 8 myths about the super rich debunked Tuesday, 10 Jun 2014 | 10:00 PM ET

    Most stereotypes associated with the world's ultra-high-net-worth UHNW)population are just plain wrong, says research house Wealth X Institute.

  • WASHINGTON, June 10- The U.S. Supreme Court is due to meet behind closed doors on Thursday to consider how to act on Argentina's appeal of lower court decisions ordering the country to pay $1.33 billion to hedge fund creditors.

  • Ford eyes eco-friendly auto parts using tomatoes Tuesday, 10 Jun 2014 | 2:02 PM ET

    Ford is looking to add a new environmental option to its tool box and it plans to team up with ketchup maker Heinz to to make it happen.

  • You say tomato? Ford says tom-auto in eco parts quest Tuesday, 10 Jun 2014 | 1:06 PM ET

    LONDON, June 10- Auto maker Ford Motor Co is looking to add a new environmental option to its tool box. Ford said on Tuesday it was teaming up with ketchup maker Heinz, owned by billionaire investor Warren Buffett's holding company Berkshire Hathaway Inc and U.S. investment firm 3 G Capital, to look at using tomato fibres in car production.

  • WASHINGTON, June 10- The U.S. Commodity Futures Trading Commission has reached an agreement in principle to settle its oil manipulation case against Arcadia Petroleum and Parnon Energy, taking a step closer to ending a high-profile, years-long lawsuit.

  • *Bank of Ireland shares down 3.2 percent. LONDON/ DUBLIN, June 10- U.S. billionaire Wilbur Ross sold his entire shareholding in Bank of Ireland for almost half a billion euros on Tuesday, to almost triple the value of a shrewd investment made at the height of the euro zone crisis.

  • *Bank of Ireland shares down 2.8 percent. LONDON/ DUBLIN, June 10- The sale by billionaire investor Wilbur Ross of his entire shareholding in Bank of Ireland was priced at 0.265 euros a share, Deutsche Bank, the placing's bookrunner, said in a statement. Deutsche Bank acted as sole bookrunner on the placement of Ross's 1.8 billion shares.

  • European shares take breather, Bank of Ireland sinks Tuesday, 10 Jun 2014 | 3:47 AM ET

    *FTSEurofirst 300 down 0.1 pct, Euro STOXX 50 down 0.2 pct. *Bank of Ireland sinks as Wilbur Ross sells stake. The pan-European FTSEurofirst 300 index was down 0.1 percent at 1,392.02 points at 0726 GMT, with the euro zone's blue-chip Euro STOXX 50 index down 0.2 percent at 3,299.54 points.

  • European shares pause for breath, BoI sinks Tuesday, 10 Jun 2014 | 3:15 AM ET

    LONDON, June 10- European stocks paused early on Tuesday after a three-day winning streak fueled by a package of measures from the European Central Bank, with a key regional index seen as overbought on a technical basis.

  • LONDON, June 10- The sale by billionaire investor Wilbur Ross of his entire shareholding in Bank of Ireland was priced at 0.265 euros a share on Tuesday, a source familiar with the transaction said.

  • *Apple sees heavy trading following stock split. NEW YORK, June 9- U.S. stocks were nearly flat on Monday after the Dow and S&P 500 hit intraday record highs again on more deal news, while Wall Street's fear gauge rebounded.

  • *Apple sees heavy trading following stock split. NEW YORK, June 9- U.S. stocks edged higher on Monday, pushing the Dow and S&P 500 to intraday record highs again after a series of deals, though Wall Street's fear gauge also bounced back. Merck& Co said it has agreed to buy Idenix Pharmaceuticals Inc in a deal valued at about $3.85 billion.

  • *Apple sees heavy trading following stock split. NEW YORK, June 9- U.S. stocks advanced on Monday, boosted by a number of major acquisition deals, though gains were slight with key indexes continuing to hover around records. While Wall Street's upward trend looks intact, traders may need new catalysts to bid the market up further lest the momentum runs out of steam.

  • *Apple may see heavy action following stock split. NEW YORK, June 9- U.S. stock index futures pointed to modest losses at the open on Monday, as a rash of corporate deals weren't enough reason for investors to keep buying following a rally that has taken major indexes to repeated record highs.

  • OSLO, June 8- He is the self-made man who changed the way business was done in Norway, and from this week, Kjell Inge Roekke, a flamboyant billionaire with an explosive temper and a taste for the supersized, can also call himself an oil baron.

  • June 6- Hedge fund billionaire Carl Icahn became the largest shareholder in Family Dollar Stores Inc after reporting a 9.39 percent stake in the company on Friday, and said he may seek representation on its board. Shares of Family Dollar, struggling under declining sales, rose as much as 12 percent in extended trade on Friday.

  • June 6- Shares of WL Ross Holding Corp, a special purpose acquisition company set up by billionaire Wilbur Ross, rose slightly in their market debut. The company said earlier on Friday that it raised $435 million after selling 43.5 million units for $10 per unit. Deutsche Bank Securities and BofA Merrill Lynch were the lead underwriters for the offering.