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

Despite extensive efforts to educate workers about saving for retirement, many employees are not doing a good job of managing their company-sponsored 401(k) accounts, a new study indicates.

Ford Motor might decide to scrap its Mercury brand rather than spend money trying to revive it, the Los Angeles Times reported on its Web site on Monday.

Fannie Mae priced $4.5 billion of securities on Thursday to shore up the balance sheet of the biggest provider of financing for U.S. home loans as it grapples with the worst housing slump in decades.

Chrysler will let U.S. consumers lock in gasoline prices for three years under a new incentive program launching at a time of sliding vehicle sales, rising oil prices and deepening consumer uncertainty.

Shares of Dow component Boeing and the parent of its European rival Airbus slipped in European trading Monday after weekend reports that both companies were facing more delays for much anticipated aircraft.

Popular online classified site Craigslist accused minority shareholder eBay Thursday of suing Craiglist over the same business practices used by eBay itself.

Retailer Home Depot, which has been battered by the slumping U.S. housing market, Thursday said it plans to close 15 underperforming stores and said it will curb future store openings.

Merrill Lynch CEO John Thain continues to remake the company in the image of his old firm, Goldman Sachs.

It's called your personal investment portfolio for a reason. When it comes to deciding where to put your money, the overriding factor is where your investment goals lie.

Some investors get scared off by the mistaken notion that purchasing stocks, bonds and funds across a wide swath of interests is cost-prohibitive for the typical retail investor. Not so, say money managers

Starbucks Thursday took a major step back from its music and book business by handing over day-to-day management of its year-old music label to Concord Music Group, as it strives to contain costs and rejuvenate its coffee shop business.

Shares of crop nutrient producer Intrepid Potash, which priced at $32 a share in its initial public offering, soared nearly 60% in its first day of trading on the New York Stock Exchange.

Delta Air Lines and Northwest Airlines said on Monday that they have agreed to merge in a deal valued at more than $3 billion that would create the world's largest airline.