After rumors last month that Yahoo had offered to buy coupon service Groupon for between $1.5 billion and $3 billion, the company is seeking an undisclosed amount of venture-capital funding at a valuation of between $2 billion …
As Bank of America continues to cope with fallout from the housing and mortgage crisis, the financial institution may have to pay some year-end employee bonuses in the form of stock because of a possible cash shortfall related …
Pfizer shares were down more than 1% Monday afternoon despite the pharmaceutical giant’s report Sunday of successful late-stage trial results for an experimental rheumatoid arthritis drug. The study showed tasocitinib reduced p…
The lead investigator for the presidential panel’s investigation of April’s Deepwater Horizon oil-spill disaster that killed 11 workers refuted previous reports that the rig’s majority owner BP Plc and contractor Halliburton Co…
Sara Lee reportedly is close to cutting a deal to sell its North American bakery business to Grupo Bimbo for a sticker price of $900 million to $1 billion.
Continue reading Bake Sale: Sara Lee Close to Selling …