12/04/2012 1:36amThe investment firm headed by Saudi billionaire Prince Alwaleed bin Talal says it has sold a majority stake in The Plaza Hotel in New York to a major Indian real estate conglomerate in a $575 million deal.
12/04/2012 4:01amRussian tycoon Roman Abramovich will buy a stake in miner Norilsk Nickel to end a long-running feud between two fellow oligarchs.
12/04/2012 4:04amThe deadly collapse last weekend of hundreds of concrete ceiling slabs in a tunnel outside Tokyo is raising calls for more spending on Japan's aging infrastructure, but the country might simply not have the money.
12/04/2012 7:25amPublic Service Electric and Gas is estimating the cost of power restoration after Superstorm Sandy and a subsequent Nor'easter at between $250 million and $300 million.
12/04/2012 8:25amSki resort operator Vail Resorts said Tuesday its fiscal first-quarter loss increased and warned it may not hit its expected earnings target this year.
12/04/2012 9:23amDEADLY FIRE: A fire in a clothing factory apparently caused by arson killed 14 people in southern China on Tuesday, officials and state media said.
12/04/2012 9:53amPublic Service Electric and Gas is estimating the cost of restoring power after Superstorm Sandy and a subsequent Nor'easter at between $250 million and $300 million.
12/04/2012 10:07amTUNNEL TROUBLE: The collapse of hundreds of concrete ceiling slabs in a tunnel outside Tokyo is raising calls for more spending on Japan's aging infrastructure, but the country might not have the money.
12/04/2012 12:22pmTHE DEAL: Drug and medical device maker Baxter International Inc. said Tuesday it plans to buy the privately held Swedish company Gambro AB for about $2.76 billion. The deal is worth about $4 billion, counting debt.
12/04/2012 1:26pmFacing Superstorm Sandy's daunting toll of wreckage and displacement in the nation's largest city, officials have put much of their hopes and hundreds of millions of dollars into jump-starting repairs to make homes livable.
12/04/2012 2:12pmBillionaire investor Carl Icahn is giving up his bid to buy truck maker Oshkosh after less than 25 percent of the company's shares were tendered before his offer expired.
12/04/2012 2:57pmExxon Mobil Corp. is raising CEO Rex W. Tillerson's salary 6 percent to $2.72 million on Jan. 1.
12/04/2012 3:09pmBAD TASTE: Darden Restaurants Inc. is cutting its profit forecast for the year, with the owner of Olive Garden and Red Lobster blaming failed promotions and negative publicity.
12/04/2012 3:19pmFord is expanding an investigation of engine fires to Europe.
12/04/2012 3:29pmDrug and medical device maker Baxter International plans to buy the privately held Swedish company Gambro AB for about $2.76 billion to broaden its dialysis product portfolio.
12/04/2012 3:34pmToll Brothers says its fiscal fourth-quarter net income soared, helped by a large income tax benefit and a 48 percent rise in revenue. The luxury homebuilder delivered more homes and its order backlog increased.
12/04/2012 3:36pmSTAYING AFLOAT: A Massachusetts biotech firm that was poised to become the first company to sell a genetically-modified fish says it may run out of money before regulators approve its fast-growing salmon.
12/04/2012 3:42pmTHROWING IN TOWEL: Billionaire investor Carl Icahn gave up his bid to buy truck maker Oshkosh after less than 25 percent of the company's shares were tendered before his offer expired.
12/04/2012 4:01pmBUYOUTS FOR BYE-BYES: FedEx will offer some employees up to two years' pay to leave, starting next year. The voluntary program is part of an effort by the world's second-biggest package delivery company to cut annual costs by $1.7 billion within three years.
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