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Updated: 13 min 53 sec ago
The Army has awarded $80 million in helicopter contracts to Wall Street executive Lynn Tilton even as the Justice Department investigates whether she played by the rules to win earlier military work.
U.K. pharmaceutical major GlaxoSmithKline PLC is conducting an internal investigation to see whether its employees enganged in bribery in the United Arab Emirates, Reuters reported Tuesday.
SolarCity will begin offering loans to homeowners for solar systems, a move that industry analysts say could reshape the market for rooftop solar and propel its rapid adoption.
Timothy Geithner, a key player in the U.S. government's 2008 bailout of American International Group Inc., is due back in court Wednesday in a trial of a lawsuit filed by the insurance giant's former CEO over the handling of the rescue.
Asian stocks sagged Wednesday as pessimism about global growth spread following a decline on Wall Street overnight and a strengthening yen, which dampened prospects for export-oriented Japan.
Here are the latest trading levels for Asia's major stock markets: Tokyo (Nikkei Average) down 1.5% (at break) ; Hong Kong (Hang Seng Index) down 0.8% ; Shanghai (Shanghai Composite Index) down 0.1% ; Sydney (S&P/ASX 200) down 0.8% ; Seoul (Kospi) flat Taipei (Taiex) down 0.3% Copyright © 2014 MarketWatch, Inc.
Hong Kong stocks opened significantly lower Wednesday morning after a sell-off in U.S. markets overnight, as the Hang Seng Index dropped 0.8%.
Timothy Geithner, a key player in the U.S. government's 2008 bailout of American International Group Inc., on Tuesday affirmed in court his belief that the insurer's rescue was needed to avert disaster for the financial system.
Japanese stocks traded at a significant discount in early Wednesday action, with the Nikkei Average losing 1.4%, and the broader Topix down 1.6%.
Australian stocks went from weak to weaker in early Wednesday trading, with the S&P/ASX 200 falling 1.2% after the previous session's 0.2% dip, plumbing lows not seen since February.
Shares of some top banks companies were down at the close of trading: Bank of America Corp. fell $.41 or 2.4 percent, to $16.88.
Shares of some top big-box retail companies were down at the close of trading: Costco Wholesale Corp. fell $.94 or .7 percent, to $125.27.
Shares of some top beverages companies were mixed at the close of trading: Anheuser-Busch Inbev ADR fell $3.06 or 2.8 percent, to $105.36.
Shares of some top airlines companies were down at the close of trading: Delta Air fell $.84 or 2.3 percent, to $35.27.
Shares of some top autos companies were down at the close of trading: Ford Motor Co. fell $.42 or 2.9 percent, to $14.10.
Shares of some top aerospace companies were down at the close of trading: Boeing fell $2.94 or 2.3 percent, to $123.32.
Gay rights groups celebrated Tuesday after the 9th U.S. Circuit Court of Appeals struck down Nevada's constitutional ban on same-sex marriage, even though clerks were awaiting further legal clearance to begin issuing licenses.
An owner of the land that Wynn Resorts is developing into a $1.6 billion casino pleaded not guilty Tuesday to federal wire fraud charges in connection with the land deal.
Valeant Pharmaceuticals International Inc. and partner Pershing Square Capital Management plan to boost their bid for Allergan Inc. by $15 a share, The Wall Street Journal reported late Tuesday, citing unnamed sources.
Rick Steves smokes the occasional joint, but he's not arguing for marijuana legalization in Oregon just because he likes to get high.