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Updated: 14 min 24 sec ago
U.S. stocks are stabilizing after their worst week in more than two years.
Michigan plans to fight blight in 12 cities using $75 million in federal funding, the latest in a series of efforts to deal with vacant and dilapidated buildings across the state.
J.C. Penney Co. Inc. on Monday said Marvin Ellison has been appointed Chief Executive-designee effective Nov. 1, and will succeed current CEO Myron Ullman on Aug. 1, 2015.
Targa Resources is buying Atlas Pipeline Partners and Atlas Energy in a deal valued at close to $6 billion, created a huge energy transportation and storage company.
Germany's government says it's committed to keeping its spending in check, despite signs of an economic slowdown and widespread calls abroad for Berlin to pump money into the economy.
Fiat Chrysler Automobiles begins trading on the New York Stock Exchange Monday, as the newly merged company seeks to raise its profile and give U.S. investors a chance to own a piece of the Chrysler comeback story.
As stock and bond trading suffer, banks are growing increasingly willing to invest in less glamorous operations like their credit card businesses.
A move years in the making, Fiat Chrysler made its U.S. trading debut after the Italian car maker completed its merger with Detroit's No. 3 manufacturer.
U.S. stocks faltered after last week's big drop for equities, which has strategists on alert over important technical levels.
Shares of Atlas Pipeline Partners surged 13% and Atlas Energy soared 14% in premarket trade Monday, after the oil and gas limited partnerships agreed to be acquired by Targa Resources Partners and Targa Resources , respectively, in deals valued at a total of $7.7 billion.
A suburban Chicago air traffic center reopened early Monday, more than two weeks after damage from a deliberately set fire forced the cancellation of thousands of flights and disrupted travel nationwide, federal officials said.
Three people have died aboard a small plane that crashed on the only vacant lot in a dense Chicago suburb of single-family homes, authorities said Monday.
An angry crowd opposed to pro-democracy protests that have paralyzed parts of Hong Kong for more than two weeks charged barricades used by the demonstrators on Monday, clashing with police as they attempted to storm the protest zone.
Frecnch economist Jean Tirole has won the Nobel prize for economics for research on market power and regulation.
NetScout is buying Danaher's communications business in a stock deal valued at approximately $2.6 billion.
Danaher Corp. agreed Monday to sell its communications business to NetScout Systems in a stock deal valued at $2.6 billion.
Steris Corp. is spending about $1.9 billion to the buy British sterilization services company Synergy Health as U.S. corporations continue to incorporate overseas despite attempts to make such tax-saving maneuvers less lucrative.
AES is selling its stake in a Turkish joint venture for $125 million as the Virginia utility continues its retreat from overseas markets.
China has approved the development of a $3.3 billion Universal theme park in Beijing that would be the first major foreign-owned theme park in the Chinese capital.