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Updated: 21 min 18 sec ago
U.S. equity markets tumbled on Monday, extending a global selloff, as anxiety over turmoil in Ukraine sent traders racing into safe-haven assets.
The State Department on Monday said the U.S. is getting closer to imposing economic or political punishment against Russia unless the country withdraws its military forces from the Crimean region in Ukraine.
The Olive Garden owner estimated third-quarter profit below analysts' expectations, blaming severe winter weather for lower sales.
All eyes were on the weather last month as bitterly cold temperatures and extreme weather increased demand for heating fuel and threatened crops around the globe.
European Council President Herman Van Rompuy has called for an extraordinary meeting of European Union leaders on Thursday in response to the crisis in Ukraine, according to a statement released Monday.
Citigroup Inc. has received subpoenas from the Federal Deposit Insurance Corp. and the U.S. attorney's office for Massachusetts after the firm's disclosure of alleged fraud in its Mexican unit, the firm disclosed in an annual regulatory filings in Monday.
U.S. factory activity rebounded from an eight-month low in February and consumer spending rose more than expected in January, suggesting the economy was regaining some strength after a recent slowdown.
The rising threat of war between Ukraine and Russia sent investors scurrying for relative safety on Monday, pushing stocks down sharply - the Moscow market fell 11.5 percent - and lifting gold to a four-month high.
Ukraine says Russian forces controlling Crimea are demanding the crew of two Ukrainian warships surrender, the Associated Press reported from Kiev.
Giorgio Armani's nephew Andrea Camerana has left his executive position as managing director at Giorgio Armani SpA to spend more time with his family and explore new business opportunities outside of fashion, the company said on Monday.
Vice President Joe Biden called Russian Prime Minister Dmitry Medvedev to discuss the crisis in Ukraine, a White House spokesman said Monday.
The Chinese want to inject volatility into their currency markets and deter speculation.
Tyco inked a deal to sell its South Korean fire and security business to private equity firm Carlyle Group on Monday for $1.85 billion in cash.
Demand for new vehicles continued to slump in February amid a spate of snowy weather. However, automakers are hoping sales momentum late last month is an indication of things to come this spring.
Apple's long-time finance head, Peter Oppenheimer, has joined the Goldman Sachs board as an independent director sitting on the bank’s audit, risk and compensation committees.
General Motors Inc. said Monday its U.S. sales fell 1% to 222,104 vehilces in February compared to the same month a year earlier.
Icahn Enterprises L.P. earned a profit of $1.025 billion, or $9.07 per share in 2013, from revenue of $21 billion -- a 144% increase in profitability from a year ago, Carl Icahn announced in a letter to shareholders Monday.
Wheat and corn futures rallied Monday, with wheat leading the charge higher as tensions in Ukraine intensified, raising concerns about global supplies of the grains.
Technology stocks slipped into the red early Monday, joining a broad market retreat on concerns about the conflict in the Ukraine.
Almost $60 billion evaporated from Russia’s stock market as Vladimir Putin’s invasion of Crimea, and the West's possible sanctions spooked investors.