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Updated: 22 min 51 sec ago
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.
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.
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.
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.
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.
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.
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.
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.
The creator and author of the popular children's book series "Choose Your Own Adventure" has died in Vermont.
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.
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.
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.
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.
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.
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.
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.
Shares of some top managed care companies were down at the close of trading: Aetna fell $.75 or .9 percent, to $83.81.
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.
Shares of some top beverages companies were down at the close of trading: Anheuser-Busch Inbev ADR fell $.03 or percent, to $110.77.
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.