Samsung Electronics Co lost $12 billion in market value on Friday, hit by brokerage downgrades that have underscored concerns about slowing sales of its flagship Galaxy S4 smartphone. The share slide of …
American International Group Inc argued on Tuesday that a proposed $8.5 billion settlement between Bank of America Corp and investors in Countrywide Financial Corp mortgage-backed securities was not big …
Satellite operator DirecTV and two other bidders have offered more than $1 billion apiece to buy Hulu, a source with knowledge of the bidding process said on Friday, increasing the likelihood that owners …
British travel firm TUI Travel has agreed a deal to buy 60 of Boeing’s 737 MAX jets with an option to buy a further 90 more of the fuel-efficient aircraft. TUI Travel, which operates Britain’s Thomson …
Berkshire Hathaway Inc’s power production unit MidAmerican Energy will pay $5.6 billion for NV Energy Inc , the electric utility that serves Las Vegas and its power-hungry casinos. MidAmerican Energy Holdings …
NASA scientists say that if a dangerous asteroid appears to be headed directly towards Earth, one option would be to send a spacecraft out to destroy it with a nuclear warhead, reminiscent of the popular 1998 movie, "Armageddon." A mission where NASA …
U.S. prosecutors have filed an indictment against the operators of digital currency exchange Liberty Reserve, accusing the Costa Rica-based company of helping criminals around the world launder more than …
Suntory Holdings Ltd is set to receive Tokyo Stock Exchange approval as soon as Wednesday to list its food and non-alcoholic beverage unit, a source with direct knowledge of the process told Reuters. The …
Arthur Budovsky, the founder of Liberty Reserve, was arrested in Spain on Friday after his company allegedly helping hide illegal transactions worldwide, authorities said today.
Private equity firms KKR and Carlyle Group are among the suitors lining up bids for Singapore Telecommunications Ltd’s Australian unit, Optus Satellite, people familiar with the matter said, a business …