Private equity firm Lone Star Funds said it had agreed to buy real estate investment trust (REIT) Home Properties Inc (HME.N) for about $7.6 billion, including debt.
North America
Congress victory moves Obama's Pacific trade pact forward
U.S. lawmakers approved legislation key to securing a hallmark Pacific trade deal by a comfortable margin on Wednesday, advancing President Barack Obama's efforts to strengthen U.S. economic ties with Asia.
U.S., China appear to get little done in removing economic barriers
The United States and China urged each other on Wednesday to remove barriers to foreign investment, saying that business ties were vital to overall relations, although they appeared to achieve little beyond rhetoric at a high profile three-day meeting that was overshadowed by security rivalries.
Wal-Mart to impose charges on suppliers as its costs mount
Wal-Mart Stores will begin charging fees to almost all vendors for stocking their items in new stores and for warehousing inventory, raising pressure on suppliers as the world’s largest retailer battles higher costs from wage hikes.
Google launches free streaming service ahead of Apple Music debut
Google Inc launched a free version of its music streaming service on Tuesday, as it sought to upstage the debut of Apple Inc's rival service next week.
Latest News
It could soon pay more to write lengthier books, if you are an author self-publishing on Amazon.com Inc's Kindle ebook platform.
Caterpillar, Inc. (CAT.N) will lay off another 50 workers at its East Peoria, Illinois campus on Monday because of a downturn in demand for mining equipment, the company said.
U.S. stocks ended higher on Monday, with the Nasdaq closing at a record as hopes grew that a deal would be reached to prevent Greece from defaulting on loans.
Surging investment by Chinese companies in U.S. research labs is yielding a fast-growing trove of patents, part of a push to mine America for ideas to help China shift from being the world's factory floor to a driver of innovation.
Energy Transfer Equity LP confirmed it had made a $48 billion unsolicited bid for natural gas pipeline company Williams Companies Inc, hours after Williams rejected the offer as significantly too low.
Investment adviser Mitch Tuchman scored a deal any traveler would be proud of: $280 a night for a recent stay at the luxurious Viceroy Hotel in Manhattan, where the going rate can exceed more than $500 on a weeknight.
U.S. health insurer Anthem Inc (ANTM.N) said on Saturday it had offered $47 billion in cash and stock for smaller rival Cigna Corp (CI.N), signaling a pick-up in the industry's long-awaited consolidation.
Billionaire investor Carl Icahn said thanks but no thanks when real estate mogul turned Republican presidential candidate Donald Trump floated his name for U.S. Treasury secretary.
Twitter Inc (TWTR.N) will start curating tweets on live events, the microblogging service said, as it plans major changes to make its real-time news feed more user friendly.
