The trustee liquidating Bernard Madoff's firm on Friday began distributing another $1.19 billion to victims of the swindler's Ponzi scheme. Irving Picard, the truste ..
LONDON/BERLIN (Reuters) - Egyptian tycoon Nassef Sawiris has formed a partnership with U.S. investor Mason Hawkins and his colleagues at Southeastern Asset Management to drive ..
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Porsche (VOWG_p.DE) will spend about 1 billion euros ($1.09 billion) on production facilities at its biggest plant to make its first-ever all-electric sports car. The Volkswag ..
Nonfarm payrolls increased 211,000 in November, the Labor Department said on Friday. September and October data was revised to show 35,000 more jobs than previously reported. ..
Faltering demand in computer and phone markets, once semiconductor industry mainstays, have fueled a year-long merger wave as firms look to formerly unloved areas like auto el ..
A freshman Federal Reserve policymaker added his voice to the majority expecting an interest rate hike this month, saying on Friday he would prefer to start tightening sooner ..
OPEC maintained its policy of pumping near-record volumes of oil at a meeting on Friday, according to sources at the group, taking no steps to reduce one of the worst crude gl ..
Finland's Nokia on Friday said it had completed the sale of its navigation business HERE to German car makers BMW , Audi and Mercedes . Nokia said its net proceeds from t ..
- The U.S. trade deficit widened unexpectedly in October as exports fell to a three-year low, suggesting that trade could again weigh on economic growth in the fourth quarter. ..