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Real estate executive Hersch Klaff and media investor Leo Hindery are among the five groups Tribune approved to continue bidding on the Chicago Cubs baseball team, sources briefed on the matter said.
The Dow closed with fresh gains Friday due to a smaller-than-expected loss from Citigroup and the biggest weekly dollar drop ever in oil prices. What's the "Word on the Street?"
This week's Wall Street rally has encouraged at least some investors to come in off the sidelines, but not as many as the sharp gain in stocks might suggest.
The first bids for the storied Chicago Cubs baseball team and related assets are due by the close of business Friday in an auction that could fetch more than $1 billion, according to a source close to the process.
The Lightning Round is extended in this CNBC.com exclusive feature.
The Dow dropped more than 1 percent on Tuesday as record oil prices fed concerns about how higher energy costs will affect the economy. What's the "Word on the Street?"
Do TD Ameritrade’s solid earnings Thursday mean the online brokerage trade is back?
IBM's big 26 percent profit jump could set the foundation for another decent day in the market if there are no nasty surprises in the wings to derail it.
A double helping of economic data and first-quarter earnings reports will flood the zone next week, but it's the corporate earnings that will drive stocks and give a better picture of where the economy is going. If GE's bombshell earnings miss is an indicator, the news will be as nasty as traders expect.
Big Blue saves the day for stocks, oil hits a new record, Google stumbles and more of the day's news in the Word on the Street.
Standard and Poor's has just released the results of its twice-a-year stock screen, designed to find Warren Buffett-style stocks. The new list features several tech stocks, including Apple, as well as a number of names from Europe and Asia. But some key Buffett criteria aren't taken into account by the screen.
Stocks slipped again today after an early rally, and the word "recession" seems to be rolling off everyone's tongue. CNBC asked market experts how investors can best weather this storm.
Time to sort through the Fast Money in-box and answer more of your questions. William writes, “Will other major banks cut their dividend like Citigroup did?”
What’s the best way to trade surging volatility in this unfriendly market?
TD Ameritrade Holding said Thursday its first-quarter profit rose 65 percent, as trading activity and client assets rose, prompting the brokerage to boost its 2008 profit forecast despite signs the U.S. economy is weakening.
U.S. discount brokerage TD Ameritrade raised its outlook for first-quarter earnings, and said average daily trades per client rose to their highest ever level in November.
Online brokerage E-Trade Financial Corp, which has been pounded by credit woes in the mortgage business, said on Thursday that it was getting a $2.55 billion cash infusion from investors led by Citadel Investment Group.
Stocks closed higher in a shortened session as the kickoff to the holiday shopping season lifted retail stocks, while signs of progress in a plan to relieve credit market strain helped major banking stocks.
E-Trade Financial, the beleaguered online trader, is in talks to sell itself, according to people familiar with the situation. Bankers say that while there is plenty of interest, it is far from clear whether anything will get done.
Stocks ended broadly higher amid continued strength in the tech sector, which gained following Research in Motion's deal to distribute BlackBerry smartphones in China, along with strong earnings reported by Apple.