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Updated: 22 min 51 sec ago

Anti-corruption groups call on G-20 to unmask shell companies hiding corruption, tax evaders

Sat, 11/15/2014 - 12:13am
Anti-corruption advocates want G-20 countries to stem the flow of illicit money across borders by introducing public registers that reveal the people who ultimately own, control, or benefit from a business but use shell companies to hide their identities and avoid tax.
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Bakers Hughes: Halliburton seeks to replace its board after merger talks stall on deal value

Sat, 11/15/2014 - 12:09am
Oilfield-services company Baker Hughes Inc. said Friday that rival Halliburton Co. plans to nominate candidates to replace the entire board of directors of Baker Hughes after negotiations about a possible acquisition stalled.
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Power plays: Relationships to watch at the G-20 summit in Australia

Fri, 11/14/2014 - 11:19pm
Leaders of the 20 most powerful industrialized and developing economies are due to endorse strategies for raising global growth as they meet in Brisbane, Australia this weekend.
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Federal judge blocks Maui County from implementing GMO law passed by voters

Fri, 11/14/2014 - 10:40pm
A federal judge says Maui County may not implement a new law banning the cultivation of genetically modified organisms until he can consider arguments in a lawsuit against the measure.
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FBI to open permanent office in North Dakota oil patch; home to fast-growing communities

Fri, 11/14/2014 - 10:25pm
The FBI is opening a permanent office in western North Dakota's oil patch to help the area deal with rising crime that has followed the state's oil boom.
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Strippers at New York City club awarded $10 million in back wages after labor dispute

Fri, 11/14/2014 - 9:22pm
Dancers at a strip club are due more than $10 million in back wages and tips, a federal judge ruled Friday after the dancers sued to be paid at least a minimum wage.
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Paulson Takes Stake In Abbvie, Adds To Shire Holdings

Fri, 11/14/2014 - 7:46pm
Hedge fund Paulson & Co., headed by billionaire John Paulson, opened a 13 million share position in pharmaceutical maker Abbvie Inc. in the third quarter, valued at $750.9 million as of Sept. 30, according to a Friday regulatory filing.
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Soros Takes Stakes In Alibaba, Yahoo; Cuts Herbalife Holdings

Fri, 11/14/2014 - 7:24pm
Soros Fund Management bought stakes in Chinese e-commerce company Alibaba and Yahoo [s yhoo] in the third quarter, according to a Friday filing with the Securities and Exchange Commission.
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'Choose Your Own Adventure' children's book author Raymond Almiran Montgomery dies at age 78

Fri, 11/14/2014 - 7:18pm
The creator and author of the popular children's book series "Choose Your Own Adventure" has died in Vermont.
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Ford adds Ranger pickups to Takata air bag recall after Malaysian woman was killed in crash

Fri, 11/14/2014 - 7:02pm
U.S. safety regulators say the death of a Malaysian woman in a crash involving an exploding air bag has led to another recall in the U.S.
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Buffett Boosts Stakes In Charter, DirecTV, GM And Visa

Fri, 11/14/2014 - 7:02pm
Billionaire investor Warren Buffett's Berkshire Hathaway boosted stakes in cable provider Charter Communications [chtr], satellite TV provider DirecTV , automaker General Motors and credit-card firm Visa in the third quarter, according to a Friday filing with the Securities and Exchange Commission.
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Hedge Fund Titan Dan Loeb Reports Alibaba Stake, Dumps AIG

Fri, 11/14/2014 - 6:31pm
Hedge fund titan Dan Loeb's Third Point LLC picked up 7.2 million shares of Chinese e-commerce giant Alibaba in the third quarter, a stake worth $639.7 million as of Sept. 30, according to a regulatory filing on Friday.
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Postal board names first woman as Attorney General, also reports 2014 losses over $5 billion

Fri, 11/14/2014 - 6:30pm
America's new postmaster general will face the same daunting problems as the man she will succeed: budget losses in the billions and battles with Congress over cost-cutting.
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Lone Star expansion: Low-fare Spirit Airlines plans to add 10 new routes from Houston

Fri, 11/14/2014 - 6:30pm
Spirit Airlines Inc. said Friday it plans to add 10 new routes from Houston next year, which would nearly double its destinations from Bush Intercontinental Airport.
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Alaska Industrial Development and Export Authority to sell holdings in jack-up drilling rig

Fri, 11/14/2014 - 6:30pm
The Alaska Industrial Development and Export Authority announced plans Friday to sell its ownership stake in a Cook Inlet rig, which will be transported to South Africa for offshore exploration, pending final approval.
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Canadian businessman pays $22 million to settle Alabama securities case, state drops charges

Fri, 11/14/2014 - 6:30pm
Alabama officials dropped securities fraud charges against the chief executive of National Steel Car on Friday in return for the Canadian businessman paying a $22 million settlement.
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Managed Care companies shares down at the close of trading

Fri, 11/14/2014 - 6:06pm
Shares of some top managed care companies were down at the close of trading: Aetna fell $.75 or .9 percent, to $83.81.
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Big-box Retail companies shares mixed at the close of trading

Fri, 11/14/2014 - 6:06pm
Shares of some top big-box retail companies were mixed at the close of trading: Costco Wholesale Corp. fell $.23 or .2 percent, to $138.48.
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Beverages companies shares down at the close of trading

Fri, 11/14/2014 - 6:06pm
Shares of some top beverages companies were down at the close of trading: Anheuser-Busch Inbev ADR fell $.03 or percent, to $110.77.
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Gold companies shares up at the close of trading

Fri, 11/14/2014 - 6:06pm
Shares of some top gold companies were up at the close of trading: Barrick Gold Corp. rose $.77 or 6.7 percent, to $12.28.
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