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Updated: 19 min 23 sec ago
General Motors Co.'s stock dropped 1.9% in premarket trade Tuesday, after the Canadian government announced late Monday an agreement to sell its 73.4 million stake in the auto maker.
Warren Buffett's Berkshire Hathaway Inc. has agreed to buy an 8.7% stake in paint maker Axalta Coating Systems Ltd. from private-equity firm Carlyle Group LP.
The rising value of the dollar is hurting American businesses and could ultimately result in a slowdown in future U.S. growth, BlackRock (NYSE:BLK) chief executive officer Larry Fink warned in a letter scheduled to go out to shareholders next week.
Informatica Corp. is being acquired by private equity firms Permira funds and Canada Pension Plan Investment Board for about $5.3 billion.
Starbucks Corp is expanding its employee college tuition assistance program to cover the entire cost of getting an online bachelor's degree, the chief executive of the coffee chain said on Monday.
Shares of Informatica Corp. ran up 5.2% in premarket trade Tuesday, after the California-based data integration software company agreed to be bought out by a company controlled by the Perfirma funds and Canada Pension Plan Investment Board in a cash deal valued at $5.3 billion.
The International Monetary Fund is willing to be "flexible" with the package of reforms Greece has proposed to its creditors before further bailout funds are disbursed, the Greek finance ministry said on Tuesday.
American Express Co.'s stock slipped 0.7% in premarket trade Tuesday, after the charge card and travel services company was downgraded at Oppenheimer, which cited concerns that intensifying competition will hurt future profitability.
FedEx is looking to buy Dutch package-delivery firm TNT Express for an agreed upon $4.8 billion with a goal to succeed in areas where UPS failed two years ago when its bid was blocked by competition regulators.
Shares of Axalta Coating Systems surged 5.9% in premarket trade Tuesday, after the company said it reached agreement with The Carlyle Group to sell 20 million shares of Axalta's stock to Warren Buffett's Berkshire Hathaway for $560 million.
U.S. crude oil prices edged lower on Tuesday pressured by Goldman Sachs, which said prices need to remain low for months in order to achieve a slowdown in U.S. output growth, and an Iranian delegation in Bejing this week to push for more oil sales.
Six million Americans enrolled in private health insurance programs for their 2015 employer benefits, doubling from the three million counted in 2014, according to a new study by consulting firm Accenture.
Windsor officials say expansion of casino gambling in Connecticut is unwelcome in their town.
Organizers of the 2020 Tokyo Olympics have promised the most innovative, impeccably run and "sustainable" Games ever.
United Technologies Corp. has won its appeal of government claims it was overcharged for Pratt & Whitney jet engines.
Internet providers have lost an Australian court battle to keep secret the names of Internet users suspected of illegally downloading Hollywood movie "Dallas Buyers Club" over file-sharing networks.
French media conglomerate Vivendi has confirmed an offer to Orange, the former France Telecom, for the online video sharing platform Dailymotion.
The new YouTube Kids mobile app targets young children with unfair and deceptive advertising and should be investigated, a group of consumer advocates told the Federal Trade Commission in a letter Tuesday.
Fuel-hauling tank cars need retrofits to prevent more explosive train wrecks — and the public can't wait another decade for the improvements as has been suggested by industry, U.S. safety officials said.
A footwear maker that has outsourced work to China says it will restore 100 jobs at its western New York factory with the help of $1.75 million in state tax credits.