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  • Stony Brook University receives $25M gift Wednesday, 10 Sep 2014 | 5:33 AM ET

    STONY BROOK, N.Y.— Stony Brook University has received a $25 million donation from the founder of a hedge fund. The Long Island- based school says the gift from James Simons and his wife, Marilyn, will boost research by physicists and mathematicians.

  • BOSTON, Sept 9- After months of staying largely silent on a deal he is trying to broker, billionaire William Ackman on Tuesday criticized Allergan Inc' s board of directors, urging them to "wake up" and at least listen to what potential purchaser Valeant Pharmaceuticals has to offer the Botox maker.

  • MEXICO CITY, Sept 9- Mexican construction companies, including Grupo Ica and billionaire Carlos Slim's Grupo Carso, have formed a consortium to bid on contracts to build a new airport for Mexico City, construction industry group CMIC said on Tuesday.

  • *Trump Entertainment Resorts files for Chapter 11. Sept 9- Trump Entertainment Resorts Inc, which runs two casinos in Atlantic City, filed for bankruptcy protection for a third time, in another blow to the city's crumbling casino industry.

  • LONDON, Sept 9- Liberty Global has no plans to increase its stake in British broadcaster ITV, its chief strategy officer James Ryan said, after the firm took a 6.4 percent stake earlier this year as part of its European expansion.

  • ISTANBUL, Sept 9- Turkey is unlikely to sign any energy deals with Israel for the construction of a gas pipeline to Turkey because of a deepening political rift over Israel's Gaza offensive, Turkish Energy Minister Taner Yildiz said on Tuesday.

  • Sept 9- Trump Entertainment Resorts Inc, which operates two casinos in Atlantic City, joined the list of casino operators in New Jersey that have filed for bankruptcy. The company, which Donald Trump founded but no longer controls, operates the Trump Taj Mahal Casino Resort and the Trump Plaza Hotel and Casino in Atlantic City.

  • Sept 9- Trump Entertainment Resorts Inc, which operates two casinos in Atlantic City, joined the list of casino operators in New Jersey that have filed for bankruptcy. Trump Entertainment operates the Trump Taj Mahal Casino Resort and the Trump Plaza Hotel and Casino in Atlantic City.

  • Business Highlights Monday, 8 Sep 2014 | 6:03 PM ET

    US job market's lingering weak spot: Stagnant pay. WASHINGTON— The U.S. job market has steadily improved by pretty much every gauge except the one Americans probably care about most: Pay. NEW YORK— General Electric, a household name for more than a century in part for making households easier to run, is leaving the home.

  • NEW YORK, Sept 8- Mathew Martoma, a former portfolio manager at billionaire Steven A. Cohen's SAC Capital Advisors LP hedge fund, was sentenced on Monday to nine years in prison for engaging in what authorities called the most lucrative insider trading scheme in U.S. history. District Judge Paul Gardephe in New York also ordered Martoma, 40, to forfeit $9.3 million.

  • NEW YORK, Sept 8- Mathew Martoma, a former portfolio manager at billionaire Steven A. Cohen's SAC Capital Advisors LP hedge fund, was sentenced on Monday to nine years in prison for engaging in what authorities called the most lucrative insider trading scheme in U.S. history. District Judge Paul Gardephe in New York also ordered Martoma, 40, to forfeit $9.3 million.

  • Chiquita postpones special shareholders meeting to vote on proposed Fyffes merger to October Apple appears poised to stir still-slumbering market for wearable technology with smartwatch A slump in energy stocks pulls the Standard& Poor's 500 index below its record high Stronger US auto sales, more credit card use drive greater consumer borrowing in July 5 years after Great Recession ended, stagnant pay remains economy's weakest link Electrolux to buy appliance division of General Electric in $3.3 billion deal GE, inventor of the toaster, turns away from simple machines, consumers, in push for profit Harvard survey finds falling wages, more part-time jobs and firms favoring robots over people Lew: Treasury will act in' very near future' to make corporate overseas shifts less profitable S. Truett Cathy, devout billionaire who rose from poverty building Chick-fil-A, dies at 93

  • Chiquita postpones special shareholders meeting to vote on proposed Fyffes merger to October Apple appears poised to stir still-slumbering market for wearable technology with smartwatch Stronger US auto sales, more credit card use drive greater consumer borrowing in July 5 years after Great Recession ended, stagnant pay remains economy's weakest link Electrolux to buy appliance division of General Electric in $3.3 billion deal GE, inventor of the toaster, turns away from simple machines, consumers, in push for profit Harvard survey finds falling wages, more part-time jobs and firms favoring robots over people Lew: Treasury will act in' very near future' to make corporate overseas shifts less profitable US stocks decline as lower oil price drags down energy companies; Yahoo gains on Alibaba IPO S. Truett Cathy, devout billionaire who rose from poverty building Chick-fil-A, dies at 93

  • Apple appears poised to stir still-slumbering market for wearable technology with smartwatch Stronger US auto sales, more credit card use drive greater consumer borrowing in July 5 years after Great Recession ended, stagnant pay remains economy's weakest link Electrolux to buy appliance division of General Electric in $3.3 billion deal GE, inventor of the toaster, turns away from simple machines, consumers, in push for profit Harvard survey finds falling wages, more part-time jobs and firms favoring robots over people Lew: Treasury will act in' very near future' to make corporate overseas shifts less profitable US stocks decline as lower oil price drags down energy companies; Yahoo gains on Alibaba IPO S. Truett Cathy, devout billionaire who rose from poverty building Chick-fil-A, dies at 93 Hertz Chairman and CEO Frissora steps down from posts for personal reasons

  • Apple appears poised to stir still-slumbering market for wearable technology with smartwatch Stronger US auto sales, more credit card use drive greater consumer borrowing in July 5 years after Great Recession ended, stagnant pay remains economy's weakest link Electrolux to buy appliance division of General Electric in $3.3 billion deal GE, inventor of the toaster, turns away from simple machines, consumers, in push for profit Harvard survey finds falling wages, more part-time jobs and firms favoring robots over people Lew: Treasury will act in' very near future' to make corporate overseas shifts less profitable US stocks decline as lower oil price drags down energy companies; Yahoo gains on Alibaba IPO S. Truett Cathy, devout billionaire who rose from poverty building Chick-fil-A, dies at 93 Hertz Chairman and CEO Frissora steps down from posts for personal reasons

  • Apple appears poised to stir still-slumbering market for wearable technology with smartwatch Stronger US auto sales, more credit card use drive greater consumer borrowing in July 5 years after Great Recession ended, stagnant pay remains economy's weakest link Electrolux to buy appliance division of General Electric in $3.3 billion deal GE, inventor of the toaster, turns away from simple machines, consumers, in push for profit Harvard survey finds falling wages, more part-time jobs and firms favoring robots over people Lew: Treasury will act in' very near future' to make corporate overseas shifts less profitable US stocks decline as lower oil price drags down energy companies; Yahoo gains on Alibaba IPO S. Truett Cathy, devout billionaire who rose from poverty building Chick-fil-A, dies at 93 Hertz Chairman and CEO Frissora steps down from posts for personal reasons

  • Apple appears poised to stir still-slumbering market for wearable technology with smartwatch Stronger US auto sales, more credit card use drive greater consumer borrowing in July 5 years after Great Recession ended, stagnant pay remains economy's weakest link Electrolux to buy appliance division of General Electric in $3.3 billion deal GE, inventor of the toaster, turns away from simple machines, consumers, in push for profit Harvard survey finds falling wages, more part-time jobs and firms favoring robots over people Lew: Treasury will act in' very near future' to make corporate overseas shifts less profitable US stocks decline as lower oil price drags down energy companies; Yahoo gains on Alibaba IPO S. Truett Cathy, devout billionaire who rose from poverty building Chick-fil-A, dies at 93 Hertz Chairman and CEO Frissora steps down from posts for personal reasons

  • Stronger US auto sales, more credit card use drive greater consumer borrowing in July 5 years after Great Recession ended, stagnant pay remains economy's weakest link Electrolux to buy appliance division of General Electric in $3.3 billion deal GE, inventor of the toaster, turns away from simple machines, consumers, in push for profit Harvard survey finds falling wages, more part-time jobs and firms favoring robots over people Lew: Treasury will act in' very near future' to make corporate overseas shifts less profitable US stocks decline as lower oil price drags down energy companies; Yahoo gains on Alibaba IPO S. Truett Cathy, devout billionaire who rose from poverty building Chick-fil-A, dies at 93 Hertz Chairman and CEO Frissora steps down from posts for personal reasons Panera asks customers to leave guns at home, unless are an authorized law enforcement officer

  • AP Top Extended Financial Headlines At 3 p.m. EDT Monday, 8 Sep 2014 | 2:55 PM ET

    5 years after Great Recession ended, stagnant pay remains economy's weakest link Electrolux to buy appliance division of General Electric in $3.3 billion deal GE, inventor of the toaster, turns away from simple machines, consumers, in push for profit Harvard survey finds falling wages, more part-time jobs and firms favoring robots over people Lew: Treasury will act in' very near future' to make corporate overseas shifts less profitable US stocks decline as lower oil price drags down energy companies; Yahoo gains on Alibaba IPO S. Truett Cathy, devout billionaire who rose from poverty building Chick-fil-A, dies at 93 Hertz Chairman and CEO Frissora steps down from posts for personal reasons Panera asks customers to leave guns at home, unless are an authorized law enforcement officer FTC sues AbbVie and Teva over dealings that kept generic AndroGel off the market

  • 5 years after Great Recession ended, stagnant pay remains economy's weakest link Electrolux to buy appliance division of General Electric in $3.3 billion deal GE, inventor of the toaster, turns away from simple machines, consumers, in push for profit Harvard survey finds falling wages, more part-time jobs and firms favoring robots over people Lew: Treasury will act in' very near future' to make corporate overseas shifts less profitable US stocks decline as lower oil price drags down energy companies; Yahoo gains on Alibaba IPO S. Truett Cathy, devout billionaire who rose from poverty building Chick-fil-A, dies at 93 Hertz Chairman and CEO Frissora steps down from posts for personal reasons Panera asks customers to leave guns at home, unless are an authorized law enforcement officer FTC sues AbbVie and Teva over dealings that kept generic AndroGel off the market