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FINANCE
Today's Business Headlines
LOS ANGELES/BANGALORE (Reuters) - Walt Disney Co has sold film studio Miramax for more than $660 million to Filmyard Holdings LLC, ending months of talks between the media group and various bidders. Construction magnate Ron Tutor, investment firm Colony Capital LLC and other individuals are part ...
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WASHINGTON (Reuters) - Economic growth likely slowed in the second quarter as a capital investment drive by businesses was sated by imports and consumer spending tapered off, a government report is expected to show on Friday. Gross domestic product expanded at a 2.5 percent annual rate compared to ...
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SAN FRANCISCO (Reuters) - Google Inc said its earlier report that Internet search services in China were being fully blocked could have been the result of a technical glitch that overstated the problem. Google shares pared losses to 1 percent from a 1.6 percent decline earlier on Thursday after ...
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The lawsuits filed in the U.S. bankruptcy court in Manhattan collectively seek to recover more than $30 million, and are the latest effort by the trustee Irving Picard to recoup assets to be distributed to victims of Madoff's estimated $65 billion Ponzi scheme. One of the cases was filed against a ...
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WASHINGTON (Reuters) - Senate Republicans blocked a $30-billion plan to help community banks boost lending to small businesses, dealing a blow to President Barack Obama's election-year battle to reduce unemployment. Tempers ran high as Democratic leaders failed to muster the 60 votes needed to ...
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BOISE, Idaho (Reuters) - More than 2,000 miles from the Gulf of Mexico shoreline, a panel of U.S. judges heard arguments from lawyers on Thursday on how piles of oil spill-related lawsuits against BP Plc should be merged. The panel, meeting in Boise, Idaho, as part of its regularly scheduled ...
NEW YORK (Reuters) - New York's attorney general has subpoenaed MetLife Inc and Prudential Financial Inc as part of a probe into whether life insurers are defrauding families of deceased military personnel by siphoning off millions of dollars of death benefits for themselves. "It is shocking ...
TeleNav said it expects any extended agreement would lead to declines in average revenue per user and significant reductions in total revenue from Sprint Nextel Corp, despite a likely rise in the number of subscribers. TeleNav got 61 percent of its revenue from Sprint in 2009.
WASHINGTON (Reuters) - Doctors may be able to watch for kidney injury and protect patients by looking for protein in urine, researchers reported on Thursday. Patients with the highest levels of protein, or albuminuria, had an almost five-fold increase in the risk of developing acute kidney injury, ...
NEW YORK (Reuters) - The central figure in a New York public pension corruption case will be tried on some of the most serious charges brought against him by the attorney general, including felonies, a judge ruled on Thursday. Henry Morris, the former state comptroller's top political aide, was ...
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