Business

Swedish engineering group Atlas Copco (ATCOb.ST) said on Monday it was buying British industrial technology firm Edwards Group (EVAC.O) for up to $1.6 billion, an investment which should help it offset volatile swings in its mining business. Atlas Copco, which...

Stocks were little changed on Friday after the largest sell-off in almost two months in the previous session, but homebuilders rebounded on recent housing data. The S&P 500 and Nasdaq composite indexes were on track for the largest weekly declines...

The Securities and Exchange Commission has approved the takeover of NYSE Euronext by IntercontinentalExchange, according to a regulatory filing made available on the regulator's website early on Friday. While the SEC is not the U.S. regulator responsible for reviewing exchange...

AOL Inc said on Friday that it would cut a substantial number of jobs at its money-losing Patch local news site business, and a source close to the company said about half of the staff of 1,000 was being...

Stocks fell on Thursday, as investors weighed disappointing results from blue chips Wal-Mart and Cisco, along with sturdy economic data that looked set to place the Federal Reserve on a path soon toward scaling back its stimulus. Wal-Mart (WMT.N) shares...

Wal-Mart Stores Inc posted disappointing quarterly sales on Thursday after shoppers worldwide proved cautious, prompting the discount retailer to lower its revenue and profit forecasts for the year. "The retail environment was challenging across all of our markets," Chief Executive...

The number of Americans filing new claims for jobless benefits fell to a near six-year low last week and consumer prices rose broadly in July, which could draw the Federal Reserve closer to trimming its massive bond buying program. The...

U.S. stocks fell on Wednesday as investors speculated on when the Federal Reserve might curb its stimulus measures and after department store Macy's stock fell from a "tough" sales environment. Macy's (M.N) reported second-quarter sales and profit that missed expectations...

Two former JPMorgan Chase & Co employees are facing criminal charges related to the trading scandal that cost the bank $6.2 billion last year, but the trader who earned the nickname "the London Whale" and was at first most...

China is intensifying its investigation into rampant bribery in the pharmaceutical and medical services sector with a fresh three-month probe slated to begin on Thursday, the official Xinhua news agency reported. The probe by the State Administration for Industry and...