Media giant Tribune Co, owner of the Los Angeles Times and the Chicago Tribune, emerged from bankruptcy on Monday, ending four years of Chapter 11 reorganization.
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FTC Ends Long Google Probe with Mild Reprimand
U.S. regulators closed a long-running investigation into allegations that Google tweaks search results to hurt rival companies without finding any wrongdoing, a decision that disappointed rivals and critics of the Web search giant.
Private Sector Job Gains Offer Hope For Labor Market
Private-sector employers shrugged off a looming budget crisis and stepped up hiring in December, offering further evidence of underlying strength in the economy as 2012 ended.
ArcelorMittal to Hive off 15% in Canadian Iron Ore Unit
Sustained economic crisis in Europe has pushed ArcelorMittal into deeper debt, prompting the steel major to hive off 15 percent of its stake in ArcelorMittal Mines Canada.
Avis to Buy Zipcar as Slow Economy Boosts Car-Share Business
Car rental company Avis Budget Group Inc will buy Zipcar Inc for about $500 million, surpassing larger rivals Hertz Global Holdings Inc and Enterprise Holdings Inc to become the No.1 player in the fast-growing U.S. car-sharing market.
Latest News
Private Equity firm American Securities LLC has managed to sell Pittsburgh-based NEP Broadcasting LLC to another Private Equity firm Crestview Partners for reportedly $800 million to avert a potentially larger tax bill for such a deal in the New Year.
Toshiba Corp is in talks with six different groups for the sale of up to 36 percent of its stake in the nuclear unit.
Qatar Airways said it was filing a $600 million legal claim against a contractor for a delay in opening a new international airport in Doha.
Consolidation of European banks is not yet at an end, and Germany's sector with its many small banks will have to change, the co-chief executive of Deutsche Bank told a German newspaper.
France's Constitutional Council on Saturday rejected a 75 percent upper income tax rate to be introduced in 2013 in a setback to Socialist President Francois Hollande's push to make the rich contribute more to cutting the public deficit.
One of hedge fund billionaire Steven A. Cohen's largest outside investors, private equity firm Blackstone Group LP, appears inclined to keep its money with his SAC Capital Advisors, even as the U.S. government scrutinizes the fund in its ongoing insider trading probe.
News Corp said on Friday it bought SportsTime Ohio, a Cleveland-based regional sports network that broadcasts Cleveland Indians baseball games.
A Chinese court has fined Apple Inc 1 million yuan ($160,400) for hosting third-party applications on its App Store that were selling pirated electronic books, the official Xinhua news agency reported on Friday.
Wall Street's watchdog has fined five large firms over $4.48 million for seeking reimbursement for payments to lobbyists using proceeds from municipal and state bond offerings.
