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Updated: 10 min 26 sec ago
U.S. stocks opened solidly higher on Monday, taking back some of the ground lost in last week's tech-led selloff as investors cheered results from Citigroup Inc. and a stronger-than-expected jump in March retail sales.
Chindex International Inc. , which provides health-care services in China, said Monday it received an offer of $23 a share in cash to acquire all outstanding shares of Chindex common stock, higher than a previous offer.
Gold jumped to a three-week high on Monday as mounting tensions in Ukraine curbed investor appetite for risk, sending equities lower and boosting bullion's appeal as an insurance asset.
Citigroup Inc reported a better-than-expected quarterly net profit as a smaller loss on its troubled assets made up for weakness in its core trading and lending businesses, pushing up the bank's shares in premarket trading.
Turkey urged executives from Twitter to open an office and start paying Turkish tax on Monday in the first direct talks since a two-week ban imposed on the site as the government battled a corruption scandal.
General Motors Co's <GM.N> loss-making European unit, Opel, may break even before its 2016 deadline, the Wall Street Journal reported, following an interview with the unit's chief executive, Karl-Thomas Neumann.
Russian stocks dropped Monday as tension escalated between Russia and Ukraine, with pro-Russian activists ignoring a deadline from Kiev to disarm or face military force.
Shutterfly and Kodak are walking away from a legal battle that erupted after Shutterfly bought Kodak's online photo service.
Treasury prices extended a drop Monday after data showed a stronger-than-expected rise in retail sales.
The suspect in the killing of three people Sunday at a pair of Jewish centers in the Kansas City suburb of Overland Park, Kan., is a well-known white supremacist, the Associated Press reports.
The gain in retail sales is the latest sign the economy was emerging from its weather-induced slumber and on track to pick-up in 2Q.
Citigroup posted profits and revenues that came in well above Wall Street's estimates, sending shares of the No. 3 U.S. bank higher in pre-market action.
When Goldman Sachs Group Inc filed its shareholder proxy earlier this month, it was free of a proposal that has become increasingly popular among corporate governance activists: a demand for more disclosure about lobbying.
Facebook Inc. is getting ready to launch financial services, which would let people make payments and store their money via its social network, the Financial
GlaxoSmithKline is facing a criminal investigation in Poland for allegedly bribing doctors to promote its lung drug Seretide, adding to problems for a company already accused of corruption in China and Iraq.
Wi-Fi in the sky is taking off, promising much better connections for travelers and a bonanza for the companies that sell the systems.
U.S. states and cities are increasingly turning to such deals, known as public-private partnerships, or P3s, hoping to leverage assets that can bring a quick infusion of private dollars to rebuild crumbling infrastructure.
U.S. stock-index futures wobbled on Monday after Wall Street's worst week since 2012 as traders braced for the latest data on retail sales.
The WTO raised its 2014 forecast for growth in global goods trade 4.7%, saying it didn't expect a return to the historical trend level of 5.3% until 2015.
TIAA-CREF said it will buy Nuveen Investments for $6.25 billion, including debt, in a deal that will make a money manager with $800 billion in assets under management.