Private equity firm Cerberus Capital Management on Thursday confirmed a deal purchase grocery store chain Safeway for more than $9 billion.» Read More
The gloomy news continued for jobs as ADP reported Wednesday that private companies created just 119,000 new positions in April.
Merck posted lower-than-expected first-quarter sales, as generic competition hurt demand for its Singulair asthma drug and the stronger dollar hit overseas sales of its medicines.
Tom Wheeler is a venture capitalist and former wireless and cable lobbyist; Melvin Watt is a 20-year House veteran and former chairman of the Congressional Black Caucus.
Applications for U.S. home mortgages rose last week, fueled by demand for refinancings as interest rates dropped, data from an industry group showed on Wednesday.
A private equity group made up of Bain Capital LLC and Golden Gate Capital Corp has emerged as the lead contender to buy BMC Software for more than $6.5 billion, three people familiar with the matter said on Tuesday.
Warren Buffett may be on safari for major acquisitions, which he likes to call elephants, but shareholders may wonder if his Berkshire Hathaway has become the biggest elephant in the room.
Federal Reserve officials are weighing a stricter cap on bank leverage, a move that would respond to increasing demands to constrain the riskiness of large lenders. The Financial Times reports.
Apple's move to issue debt could be just the thing the battered company needs to rehabilitate its image with investors.
"Apple of course has huge amounts of cash, but...the cost of borrowing now is so unbelievably low that issuing long-term bonds ... is actually a very smart thing," Schwarzman said on CNBC.
Yahoo's recent announcement of an expanded maternity leave policy has sparked a discussion among worker rights activists. Will its move now pressure other companies to follow suit?
U.S. gas prices saw their cheapest April in three years, the AAA says, bringing hopes of relief at the pump just as the summer driving season picks up.
Yahoo CEO Mayer, who sparked an uproar and hurt her image as a working mom when she banned telecommuting 2 months ago, is now offering employees generous new family leave benefits.
President Obama suggests he'd consider military action against Syria if it can be confirmed that President Bashar Assad's government used chemical weapons in its civil war.
Some businesses have reopened, but many others remain closed. Slow cleanup and lack of connectivity are among the roadblocks. An update from the Jersey Shore to lower Manhattan.
Some in the housing market are murmuring the "B" word. The latest S&P/Case-Shiller Home Price Index only add to that hypothesis.
President Obama's proposal to slow Social Security spending by calculating cost-of-living increases differently has given conservatives and liberals something in common: they hate it.
Twitter will now enable all companies, brands and users to buy ads on its platform, said Kevin Weil, senior director for Twitter's revenue.
Members of a new app-driven service can book a seat on any of 4,000 private jets that have extra room on their flights for about what it costs to fly first-class.
The Fed's low interest policies are enabling companies to replace people with machines, Citadel head Ken Griffin tells the Milken Institute conference.
CNBC's latest Fed Survey of economists, strategists and money managers shows they expect the Federal Reserve to keep its foot on the accelerator.
The man Newsweek claims is the founder of Bitcoin has denied he had anything to do with the digital currency.
Ukraine tensions could push Congress to invest more in the space program. Here's why.
A student who sued her parents for support had her initial request denied by a judge, who cautioned that the case could lead to a "slippery slope."
Discussing tomorrow's employment report and the influence it will have on the stock market, with Brian Kelly, Brian Kelly Capital founder; John Silvia, Wells Fargo chief economist; and Thomas Rogers, TiVo president & CEO.
Thomas Rogers, TiVo president & CEO, shares his economic perspective on the U.S. economy and explains "Roamio" its latest product designed to help turn TiVo around.
Sen. John Thune, (R-SD), discusses the latest Obamacare change that says many union health plans will be exempt from Obamacare's reinsurance fee, forcing everyone else to pay extra to cover unions.