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    Another round of layoffs was announced by big-name companies Monday, adding to the gloom over rising unemployment.

  • DISNEY.jpg

    The happiest place on earth is the latest company to try to cut back on overhead costs. Disney's theme park division is offering buyouts to roughly 600 executives at its U.S. parks.


    More companies announced layoffs as the employment picture continued to dim.


    Even on Inauguration Day, companies continued to announce layoffs, reinforcing the  challenges facing Barack Obama.

  • Q: On Fast Money's Trader Radar, we look at the stock lighting up screens across Wall Street today. This live events company was formed in 2005 as a spin off from Clear Channel Communications...

  • Former and current CEOs across various industries discussed the economy, energy prices, the state of the airline industry and more on CNBC this morning.

  • Nearly a year and a half after it was announced, the merger deal between Sirius Satellite Radio and XM Satellite Radio is an accomplished fact, and the chief executive of the combined company sees strong signals for the future.

  • Thursday Clear Channel Communications shareholders voted to approve the company's sale to a group of private equity investors, led by Bain Capital and Thomas H. Lee Partners. Friday the company said a quick tally of votes indicated that 97 percent of the shares voted were in favor of the transaction.

  • Rush Limbaugh

    The details haven't been announced but Drudge is reporting that the deal goes through 2016 and is worth more than $400 million dollars. I've spoken to a number of record industry insiders, and though no one would confirm those exact numbers, they all said that the high figure make sense.

  • Is this a real bottom or not? Cramer says it doesn’t matter.

  • Stocks finished higher Wednesday, despite profit-taking in the last half-hour of trading, as Wall Street cheered what appeared to be a tame inflation reading.

  • Stocks opened higher Wednesday after a better-than-expected reading on inflation.

  • Stocks opened higher Wednesday after a better-than-expected reading on inflation.

  • Clear Channel's headquarters in San Antonio.

    Clear Channel Communications has resolved a legal dispute with its lenders, clearing the way for its prospective buyers to take the radio and outdoor advertising company private. 

  • Stocks declined Tuesday as investors expressed their disappointment in Wal-Mart's outlook, HP's deal and a slew of other news. Surprising resilience in retail sales, excluding autos, helped curb losses. The Nasdaq eked out a gain, led by Yahoo.

  • Clear Channel's headquarters in San Antonio.

    A deal has been reached to fund the purchase of Clear Channel Communications for $36 a share, according to people familiar with the settlement.

  • Stocks started the week off higher, led by financials and technology stocks. RIMM and MBIA rose, while HP declined.

  • Clear Channel's headquarters in San Antonio.

    Shares of Clear Channel Communications surged on media reports that a revised deal has been reached to finance the radio and media company's buyout by Thomas H. Lee Partners and Bain Capital.

  • Stocks started the week off higher as the dollar rose to a two-month high and oil receded. MBIA bounced despite reporting an astouding quarterly loss.

  • Following are the week’s biggest winners and losers. Find out why shares of Sprint and Alcoa popped while Clear Channel and Tesoro dropped.