Intel Corp. agreed to pay $1.25 billion in a far-reaching legal settlement with Advanced Micro Devices Inc., a step that shores up its much smaller rival and may help defuse the mounting antitrust scrutiny Intel faces ...

WASHINGTON -- The Federal Reserve imposed rules Thursday making it harder for banks to hit customers with fees for overdrawing their accounts, in the latest crackdown from the government that could curtail a major revenue stream for ...

Walt Disney Co.'s (DIS) fiscal fourth-quarter profit grew 18% amid a merger-related gain while the company's network business reported strength thanks to cable channels ESPN and ABC Family.

By REUTERS HONG KONG (Reuters) - Thailand's Udorn Duangdecha stole the thunder from a quality field to lead the Hong Kong Open with a dazzling eight-under-par first round 62 on Thursday.

Brand management firm Iconix Brand Group and a group led by Jim Griffiths, the company's former entertainment president, are both in advanced talks to acquire "gentlemen's" entertainment company Playboy Enterprises Inc. and take it private for more ...

The Federal Housing Administration's cash reserves have shrunk to a level far below what is required by law, and the agency could need taxpayer funding if worst-case scenarios play out, according to an independent audit designed to ...

The FBI confirmed Thursday what many have speculated since the Scott Rothstein scandal broke: The flashy lawyer could not have defrauded investors of hundreds of millions without help.

SHANGHAI, Nov 13 (Reuters) - The central bank set the mid-point of the yuan's CNY=CFXS CNY=SAEC exchange rate against the dollar on Friday as follows.

At a dinner 12 years ago in Redmond, Wash., Brian L. Roberts challenged the richest man in the world to invest in his business - cable TV.

Nov. 13 (Bloomberg) -- British Airways Plc agreed to a plan for a $7 billion merger with Spanish carrier Iberia Lineas Aereas de Espana SA, ending more than a year of talks on a tie- up aimed at fighting a slump in travel and closing ...

Boeing Co. said Thursday it had finished fixing the problem that had forced it to postpone the maiden flight of its long-delayed 787 Dreamliner.

SAN FRANCISCO (Reuters) - Hewlett-Packard Co's (HPQ.N) $3.1 billion play for 3Com Corp (COMS.O) will help the technology giant expand its product portfolio amid rapid industry consolidation -- and few think HP is done shopping.

The Obama Administration appears split over whether to provide billions of dollars in federal assistance to outfit aircraft with the latest air-traffic control equipment.

Long-term mortgage rates moved lower again this week, hitting the lowest level in five weeks. Freddie Mac's weekly report says the average 30-year, fixed-rate mortgage was 4.91 percent in the week ended Nov. 12, down from 4.98 percent last week.

NEW YORK (Reuters) - Discount retailer Dollar General Corp (DG.N) priced shares in its initial public offering at $21 each, at the low end of expectations, in the latest effort by a private equity firm to unload a ...

By AP SIOUX FALLS, SD (AP) - A federal jury on Thursday convicted the former manager of an Iowa kosher slaughterhouse, which was the site of a major immigration raid, on 86 of 91 financial fraud charges.

By Andria Cheng, marketwatch NEW YORK (marketwatch) -- Retail stocks reversed earlier gains to close lower Thursday as investors weighed better-than-expected third-quarter results against conservative outlooks from Wal-Mart Stores Inc. and Kohl's Corp.

AOL, which cut about 100 jobs earlier this week, is likely preparing for much larger reductions as it gets ready for its official spinoff from parent Time Warner Inc.. In a Securities and Exchange Commission filing Thursday, Time Warner disclosed that ...

LOS ANGELES, Nov 12 (Reuters) - Blockbuster Inc (BBI.N), the largest US movie rental chain, posted a larger-than-expected quarterly loss as revenue fell more than 20 percent, and its shares dropped 12 percent in ...

SINGAPORE -- China is winning credit for the mix of stimulus spending and stable finances that has helped rekindle a global recovery, with US Treasury Secretary Timothy Geithner and other leaders ...