May 29- Intel Corp is close to a deal to buy smaller chip maker Altera Corp for about $15 billion, the New York Post reported. The deal price could be as much as $54 a share, a 15 percent premium over Altera's Thursday closing price of $46.97, the New York Post reported, citing a source close to the situation. Altera in April rejected an unsolicited $54 per share offer from...» Read More
An agency of the U.S. Justice Department is gathering data from thousands of cell phones by using fake communications towers on airplanes, the WSJ reported.
When the landmark Hong Kong-Shanghai equity link debuts on Monday, hedge funds are expected to plunge into mainland shares.
Businesses are complaining about Beijing's use of non-tariff barriers from customs clearance to quality restrictions to curb raw material imports.
Fears that Russia's economic downturn will ravage European multinationals may have been overstated in some cases, with companies that sell beer and soap defying expectations.
Since the election of Prime Minister Narenda Modi six months ago, the prospect of better times ahead has not yet persuaded firms to invest in India.
Disney's "Big Hero 6" and Warner Bros. space saga "Interstellar" vaulted into the top US box office spots, earning at least $50 million each.
Sweden's new center-left government and its financial authorities are under huge pressure when they meet on Tuesday to tackle a mountain of household debt.
As Washington seeks to expand American interests in Asia, some U.S. partners have shown less willingness to challenge Beijing.
China's economy is stable and the risks that it faces are not that scary, President Xi Jinping said on Sunday in a speech at the APEC CEO Summit.
Australia said on Saturday it was pleased with progress on a long-planned free trade agreement with China.
Mexico has revoked a $3.75 billion high-speed rail contract from a Chinese-led consortium after its uncontested bid prompted an outcry from lawmakers.
China's Momo, a mobile-based social networking platform, filed with U.S. regulators on Friday to raise up to $300 million in an initial public offering.
Annual growth in China's exports and imports slowed in October, data showed on Saturday, reinforcing signs of fragility in the world's second-largest economy.
Humana said that profit fell as it invested in the Obamacare health exchanges and health contracts, and paid for costly hepatitis C treatments.
Gap shares are up in extended trading after the retailer predicted third-quarter earnings that topped market forecasts.
German exports and industrial output rebounded in September, likely helping Europe's largest economy to avoid falling into recession.
Online travel agency Priceline Group on Tuesday forecast quarterly earnings below Wall Street's expectations, sending its stock down nearly 7 percent.
Orbitz Worldwide on Thursday reported profit of $9 million in its third quarter.
Molson Coors Brewing Co. reported a lower-than-expected quarterly profit, hurt by a fall in beer sales in Canada and higher spending on marketing.
Hamburger chain Wendy's reported a 20 percent drop in quarterly revenue as it sold more company-owned stores to franchisees.