Russian billionaire Mikhail Prokhorov's Onexim company is close to agreeing the sale of a stake in Polyus Gold

U.S. Senator John Kerry and his wife intend to divest holdings in dozens of companies to avoid conflicts of interest if he is confirmed as U.S. secretary of state

The Export-Import Bank of the U.S. has sanctioned a $155.4 million direct loan to the Republic of Ghana to finance the design and construction of a hospital in Accra, Ghana.

Oral Cancer Prevention International and CDx Laboratories recently merged to become CDx Diagnostics.

The Federal Reserve noted a sharp increase in borrowing loans from banks in November. The borrowing figures increased by $16 billion when compared to October.

The White House on Friday tried to rescue stalled talks on a fiscal crisis after a Republican plan imploded in Congress, but there was little headway as lawmakers and President Barack Obama abandoned Washington for Christmas.

One day after Rajat K. Gupta, formerly of Goldman Sachs, was sentenced to two years in prison for insider trading, a lawyer for Raj Rajaratnam who is currently serving an 11-year sentence in a Massachusetts prison for the same crime, asked that his conviction be set aside, The New York Times reported.

U.S. District Judge Jed Rakoff sentenced the former Goldman Sachs director to two years in prison for insider trading and fined him $5 million in a Manhattan court room yesterday.

Following a scandal involving the former co-Chair of the high-end online and retail furniture store, Restoration Hardware, the company is planning to sell 5.2 million shares in an Initial Public Offering, The New York Times reported in Dealbook, based on papers filed Tuesday.

Judge Betty Binns Fletcher, of the 9th U.S. Circuit Court of Appeals, died Monday night as reported by the Associated Press. As one of the country's first women lawyers, Fletcher knew discrimination firsthand and fought for the rights of the oppressed.