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US stock market steadies itself after worst week since 2012

Mon, 10/13/2014 - 9:40am
U.S. stocks are stabilizing after their worst week in more than two years.
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Michigan plans to fight blight in 12 cities across state using $75 million in federal funding

Mon, 10/13/2014 - 9:13am
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.
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J.C. Penney Names Marvin Ellison As Successor To CEO Myron Ullman

Mon, 10/13/2014 - 8:39am
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.
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Targa Resources buying Atlas Pipeline Partners, Atlas Energy

Mon, 10/13/2014 - 8:22am
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.
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Germany shrugs off call for greater spending despite signs of slowing economic growth

Mon, 10/13/2014 - 8:22am
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.
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Fiat Chrysler stock to begin trading on New York Stock Exchange on Monday

Mon, 10/13/2014 - 8:22am
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.
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U.S. Bank Margins May Suffer as Credit Card Lending Grows

Mon, 10/13/2014 - 8:21am
As stock and bond trading suffer, banks are growing increasingly willing to invest in less glamorous operations like their credit card businesses.
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Turning a Corner: Fiat Chrysler Automobiles Makes Trading Debut

Mon, 10/13/2014 - 8:08am
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.
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Wall Street Wavers as Cautious Investors Await Earnings

Mon, 10/13/2014 - 8:04am
U.S. stocks faltered after last week's big drop for equities, which has strategists on alert over important technical levels.
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Atlas Pipeline, Atlas Energy Shares Jump On Buyout Deals

Mon, 10/13/2014 - 8:00am
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.
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Chicago-area air traffic control center fully operational more than 2 weeks after fire

Mon, 10/13/2014 - 7:56am
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.
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Police: 3 dead when small plane crashes on only empty lot in a Chicago suburb

Mon, 10/13/2014 - 7:54am
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.
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Angry crowd charges Hong Kong pro-democracy protesters' barricades, clashes with police

Mon, 10/13/2014 - 7:46am
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.
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French economist Jean Tirole wins Nobel Prize for economics

Mon, 10/13/2014 - 7:03am
Frecnch economist Jean Tirole has won the Nobel prize for economics for research on market power and regulation.
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NetScout buying Danaher's communications business in deal valued at about $2.6B

Mon, 10/13/2014 - 7:03am
NetScout is buying Danaher's communications business in a stock deal valued at approximately $2.6 billion.
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Danaher Sells Communications Business To NetScout In $2.6 Billion Deal

Mon, 10/13/2014 - 7:02am
Danaher Corp. agreed Monday to sell its communications business to NetScout Systems in a stock deal valued at $2.6 billion.
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Steris to spend $1.9 billion on Synergy Health, combined company to incorporate in UK

Mon, 10/13/2014 - 7:01am
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.
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AES dumps its stake in Turkish joint venture, continuing its exit from overseas operations

Mon, 10/13/2014 - 6:45am
AES is selling its stake in a Turkish joint venture for $125 million as the Virginia utility continues its retreat from overseas markets.
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China approves $3.3 billion Universal theme park in Beijing, to eventually span 1000 acres

Mon, 10/13/2014 - 6:00am
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.
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