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The Federal Reserve signaled on Wednesday it was not close to raising interest rates, saying that the economy remained weak even though the recession appeared to be over.
The Securities and Exchange Commission is likely to bring charges against additional defendants in its wide-ranging insider-trading case against Raj Rajaratnam and his hedge fund firm, the Galleon Group, an S.E.C. lawyer said at a court hearing on We...
Berkshire Hathaway, the investment vehicle of Warren E. Buffett, said on Tuesday that it planned to buy the 77.4 percent of Burlington Northern Santa Fe it did not already own for $26 billion in cash and stock, in the largest deal in Berkshire history.
Even amid the contraction of the venture capital industry, which fertilizes the seeds of new technology start-ups, some firms are expanding, The New York Times’s Claire Cain Miller reports.
Federal prosecutors indicated on Friday that Bernard L. Madoff's longtime auditor is expected to plead guilty next week and has agreed to cooperate with investigators.
Defending himself against critics, Representative Ron Paul of Texas played down concerns on Friday that his amendment to give Congress sweeping new oversight powers over the Federal Reserve would compromise the central bank's political independence.
Hershey is considering bidding for Cadbury, a proposal that would top the $16.7 billion hostile bid from Kraft, people briefed on the matter told DealBook on Friday.
Morgan Stanley is handing over Crescent Real Estate Equities to Barclays Capital, winning forgiveness of a $2 billion loan that financed its acquisition of the real estate business in 2007.
CF Industries announced Friday that all three of its nominees were elected to the board of rival fertilizer maker Terra Industries, potentially ending an 11-month takeover battle.