Business

Business Study: CEOs in 10 big mergers to get $430 million Study: CEOs in 10 big mergers to get $430 million
This year's flurry of corporate mergers may not pay off for shareholders in the long run, but one thing is for sure: The bosses who are selling their companies will do just fine.
Business (New) Health care M&A leads global deal surge
Large drugmakers are buying and selling businesses to control costs and deploy surplus cash. A rising stock market, tax strategies and low interest rates are also fueling the mergers and acquisitions.
Business UK firms Aviva, Friends Life in $8.8B merger talks
Britain's Aviva says it is in talks to buy another insurer, Friends Life for over 5.6 billion pounds ($8.8 billion) in a deal that would create the country's leading insurance, savings and asset management company by number of customers.
Business Egypt to host major economic conference in March
Egypt's prime minister says his government will host a three-day international economic conference in the Red Sea resort of Sharm el-Sheikh starting March 13 to support the country's economy.
Business Colorado pot credit union could open next year Colorado pot credit union could open next year
Colorado has granted a charter for the first financial institution to serve the state's cash-only marijuana industry. But action by the National Credit Union Administration and the Federal Reserve is needed, and pot's still illegal under federal law.
Business Grocery chain's Christmas ad stirs tears, outrage Grocery chain's Christmas ad stirs tears, outrage (Video)
Artillery booms. A trench comes into view. Soldiers huddle into their overcoats for warmth. The scene is the unlikely backdrop for a holiday commercial that has many Britons reaching for hankies - and others demanding it be pulled from the air.
Business China unexpectedly cuts rates to support economy China unexpectedly cuts rates to support economy
China's central bank unexpectedly slashed interest rates on Friday to re-energize the world's No. 2 economy, joining a growing list of major economies that are trying to encourage growth in the face of a global slowdown.
Business U.S. consumer prices unchanged in October U.S. consumer prices unchanged in October
U.S. consumer prices were unchanged in October as a fourth straight decline in gasoline costs helped to keep inflation at bay.
Business Target rebounds in third quarter on solid sales Target rebounds in third quarter on solid sales
Target reported a 3.2 percent rise in its third-quarter profit, beating Wall Street expectations as shoppers spent more on beauty products and back-to-school fashions.
Business US home construction drops 2.8 percent in October US home construction drops 2.8 percent in October
Construction of new homes fell slightly in October after a big surge in the previous month, but the weakness was largely driven by the volatile apartment sector.
Business Toyota to start sales of fuel cell car next month Toyota to start sales of fuel cell car next month
There will only be a few hundred, and they won't be cheap, but Toyota is about to take its first small step into the unproven market for emissions-free, hydrogen-powered vehicles.
Business Home Depot tops Street; breach costs still hazy Home Depot tops Street; breach costs still hazy
Home Depot's third-quarter profit rose 14 percent as comparable-store sales climbed in the U.S., suggesting that a huge data breach announced exactly two months ago has not shaken the faith of its customers.
Business 'Red warning lights' flashing for global economy 'Red warning lights' flashing for global economy
Hours after the leaders of the world's 20 most developed economies sought to boost confidence by promising to increase global output by $2 trillion over five years, Japan said it had fallen into recession.
Business  Why airfare keeps rising despite lower oil prices Why airfare keeps rising despite lower oil prices
Planes are full. Passengers clamor for amenities. Investors want a payout. New planes are on order. Those are all reasons the airlines likely won't be passing their recent savings on fuel along to fliers in the form of lower fares.