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Updated: 43 min 20 sec ago
AT&T Inc. said Monday that its board of directors approved a new plan to repurchase 300 million shares of stock, or about 6% of its current shares outstanding.
Apache agreed to sell oil and natural gas assets in western Canada for $374 million, as the energy producer continues to shed pieces of its portfolio.
Federal Reserve Chairwoman Janet Yellen said Monday that the recovery still feels like a recession to many Americans, which is why the central bank will keep its "extraordinary" support for the economy for "some time to come."
Midwest manufacturing activity fell in March, significantly below Wall Street estimates, a closely-watched gauge showed Monday.
GE is exploring a sale of its GE Money Bank unit, which could fetch $2.75 billion, as it retreats from the finance sector.
A gauge of Chicago-area businesses tumbled in March, hitting the lowest level since August, led by drops for new orders and employment, according to data released Monday.
Technology stocks joined a broad market rally early Monday, propelled by rising shares of Microsoft Corp. and Micron Technology.
The U.S. stock market began trading Monday - the last day of the month and quarter - on an upbeat note.
The Federal Reserve’s decision to reject Citigroup’s capital plan was reportedly caused in part by weaknesses in the banking conglomerate’s auditing and controls.
Johnson & Johnson signed off on a $4 billion bid from private-equity giant Carlyle Group to acquire the blue-chip company’s blood-testing business.
The too-big-to-fail subsidy that banks implicitly enjoy was worth up to $70 billion in the U.S. and $300 billion in the euro area in 2012, the International Monetary Fund said Monday.
Gold was little changed on Monday, trading close to a six-week low and headed for its first monthly decline this year as growing optimism about the U.S. economy eroded investment interest and encouraged appetite for riskier assets.
China's Alibaba Group Holding Ltd agreed to invest $692 million in a Chinese department store operator as the e-commerce giant looks to bring the benefits and convenience of online shopping to customers who visit real bricks-and-mortar stores.
Arista Networks Inc, which makes network switches for large data centers, filed for an initial public offering on Monday, the latest in a string of cloud computing firms tapping investor enthusiasm around the technology.
Johnson & Johnson said Monday it agreed to sell its Ortho-Clinical Diagnostics unit to the Carlyle Group for about $4 billion in a deal expected to close midyear.
U.S.-listed shares of Prana Biotechnology Ltd. plunged 63% in premarket trade after a Phase II drug trial for PBT2, which is aimed at treating Alzheimer's disease, failed to meet its primary endpoint.
Drugmaker GlaxoSmithKline plans to invest up to 130 million pounds ($216 million) in Africa over the next five years as it bets on the importance of the continent in driving long-term demand for medicine.
Comcast is planning to increase its share buyback by more than 80% as its takeover of Time Warner prepared to undergo regulatory review.
Hundreds of Amazon workers in Germany went on strike Monday, the first stoppage this year in a pay dispute that's dragged on for months.
U.S. stock-index futures climbed on Monday after a weak inflation reading from Europe heightened hopes the ECB will cut rates this week.