Bankrupt power company Energy Future Holdings Corp received conditional court approval to accept bids for its majority stake in Oncor, a power transmission company in Texas worth billions of dollars.
North America
Shipping lines apply 'Ebola clause' to fend off virus risks
As Ebola persists in West Africa, shipping lines and traders are tweaking their contracts to protect themselves if the disease puts crews at risk of infection or prevents vessels calling at affected ports.
Top investors stay loyal to big name corporate founders
For good stock market bets, some top investors can't be too bothered by details like corporate profits: instead, they pick companies run by their founders.
Pimco Total Return Fund posts a record $27.5 billion in outflows in October
Pacific Investment Management Co suffered a record $27.5 billion in withdrawals from its flagship Pimco Total Return Fund in October, extending large net outflows following Bill Gross' surprise resignation from the firm.
Banks to launch new tool to fight hackers: WSJ
A group of cybersecurity firms funded by big banks plan to launch a platform that will allow financial companies to communicate faster about potential cyber breaches, the Wall Street Journal reported.
Latest News
Botox maker Allergan Inc (AGN.N), fighting a hostile takeover bid by Valeant Pharmaceuticals Inc (VRX.TO), said on Monday it was approached about a potential transaction by another party, identified as Actavis Plc (ACT.N) by a source familiar with the situation.
Hilton Worldwide Holdings Inc (HLT.N), the world's largest hotel operator, said Blackstone Group LP (BX.N) would reduce its stake in the company by 14 percent to about 57 percent.
The Dallas Zoo has sold the naming rights for a recently born giraffe for $50,000 to a bidder who asked to remain nameless, a zoo official said on Monday.
No American city has passed a ballot measure raising taxes on sugary drinks, and ahead of votes Tuesday in Berkeley and San Francisco, the U.S. soda industry has been working hard to keep it that way.
Verizon Communications and AT&T Inc expect to be able to transmit wireless voice calls between the two carriers over high-speed data networks by 2015, the companies said on Monday.
Intel Corp on Monday awarded $500,000 to a group of do-it-yourselfers who developed a wristband that converts to a camera-equipped drone to win a contest the chipmaker hopes will help guarantee it a leading position in the emerging market for wearable computing devices.
Fiat Chrysler Automobiles (FCHA.MI)(FCAU.N) U.S. October sales rose 22 percent on strong pickup truck demand, the company said on Monday.
A fully operational Apple computer that company co-founder Steve Jobs sold out of his parents' garage in 1976 for $600 will hit the auction block in December, where it is expected to fetch more than half a million dollars, Christie's said on Monday.
Young Americans with big college debts are often portrayed as struggling to pay their bills. The reality is somewhat different - those owing super-sized student loans tend to be higher paid.
