Qualcomm won a round in its patent battles with wireless phone maker Nokia Wednesday as a U.S. trade court tossed out a lawsuit asking for Qualcomm's chips to be barred from the United States.
Money manager BlackRock is launching more distressed securities funds to take advantage of the current credit market troubles, chairman and chief executive Laurence Fink said.
Clear Channel Communications Inc said on Friday that Providence Equity Partners was considering withdrawing from a $1.2 billion deal to buy the radio operator's television assets.
Natural gas producer and pipeline company El Paso posted a 16 percent rise in third-quarter profit on Tuesday, boosted by higher natural gas output and prices.
Mutual funds giant Fidelity Investments is expected to begin layoffs, the Wall Street Journal reported on Thursday, citing analysts and people close to the firm.
Top Asian oil refiner Sinopec beat forecasts with a 5.5 percent rise in third-quarter earnings, even as high oil prices squeezed its refining business into the red again, but it may face a worsening fourth quarter.
U.S. hedge fund Och-Ziff Capital Management Group said it is selling a 9.9% stake to a Dubai fund for up to $1.26 billion, marking another investment in the financial sector by wealthy Middle East state-owned funds.
Facebook, the social network Web site, is looking to hedge funds and private-equity investors to raise an additional $260 million in financing, the Wall Street Journal reported on its Web site on Thursday.
Singer-guitarist Walter de Castro couldn't believe his luck when he found out his band's song "The Core" would be featured on "FIFA 2008," the Electronic Arts popular soccer game.
US Airways Group on Thursday reported a third-quarter profit compared with a year-earlier loss, topping expectations on strong demand and higher fares.
An engine cooperation pact between German carmakers BMW and Mercedes is likely but it will not be concluded this year, Daimler chief executive Dieter Zetsche said on Wednesday.
U.S. stock investors looking to recoup from the worst week in almost three months will have to keep one eye out for signs of weakness in earnings due this week and the other on the threat surging oil prices.
Institutional investors sent a letter to Verizon Communications, urging the phone company to give shareholders more say over the pay packages of executives.
US Treasuries fell Thursday after lower-than-expected weekly jobless claims bolstered views of a healthy labor market, lowering expectations of a near-term interest rate cut.
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A division of Dole Food issued an international recall of bagged salad Monday after a sample taken from a store in Canada tested positive for E. coli, the company said. There have been no reports of illness, company officials said.
America's aging energy infrastructure will require massive investment in order to make much needed efficiency improvements, former Exxon Mobil Chief Executive Lee Raymond said on Monday.
Five private equity investors including Blackstone and Singapore state investment firm Temasek are in talks with India's state-owned Life Insurance Corp (LIC) to buy a 15 percent stake in its proposed credit card venture, the Business Standard said on Sunday.
Mortgage insurer MGIC Investment and bond insurer Radian Group agreed to terminate their pending merger, the companies said Wednesday, citing market conditions.
Influential proxy advisory firm Institutional Shareholder Services recommended Monday voting against the takeover of baseball card company Topps by a private equity firm and an investment group led by Michael Eisner, the former chairman of Walt Disney.