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.
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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.
AIG beats third-quarter estimates, will buy back more shares
Insurer American International Group (AIG.N) on Monday reported better-than-expected third quarter earnings, bolstered in part by improved performance at core insurance operations.
Asia dips as Japan outperforms, dollar close to highs
Asian stocks dipped on Tuesday with latest signs of slower growth in China and the euro zone dampening the mood, although Japan bucked the trend and rose to new seven-year highs on follow-through momentum generated by the Bank of Japan's surprise stimulus move last week.
Disney cloud movie service adds Google Play purchases
Walt Disney Co said its cloud-based movie service will expand to include purchases made through the Google Play online store, the latest in a string of moves by Hollywood studios to encourage digital ownership.
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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.
Venezuelan President Nicolas Maduro announced on Monday a 15 percent increase in the minimum wage starting in December to protect workers from inflation of more than 60 percent.
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.
Saudi Oil Minister Ali al-Naimi is making his first visits in years to fellow exporters Venezuela and Mexico, although tumbling oil prices are not the stated purpose of the trip, according to officials and sources.
China has issued further guidance to support and modernize its shipping industry, saying it would encourage mergers and private investment as well as develop its cruise industry.
Bank of Yokohama Ltd (8332.T), Japan's second-largest regional lender, said on Tuesday it is considering a merger with smaller rival Higashi-Nippon Bank Ltd (8536.T), a major move in an industry urged by regulators to consolidate amid bleak growth prospects.
Brazilian telecommunications provider Oi SA (OIBR4.SA) said on Monday it has not entered into any agreement to join a group of rivals to buy Telecom Italia SpA's (TLIT.MI) stake in Brazilian phone company TIM Participacoes SA TIMP4.SA.
