European Commission Approves Intel Acquisition of McAfee

The European Commission on Wednesday approved Intel’s $7.68 billion acquisition of security-software company McAfee. Regulators had been concerned that the deal would exclude competing software from working with Intel processor…

Investors May Need Better Reasons to Buy Stocks

Given all that transpired globally over the Thanksgiving weekend, the idea of holding risky assets like stocks should give investors heartburn. Perhaps a strong Black Friday weekend and holiday selling season will draw traders’…

Ireland’s Credit Rating Cut by Standard & Poor’s

Ireland’s credit rating was lowered two notches by Standard & Poor’s, as the country prepares to offer a four-year budget aimed at slashing the deficit.

“The Irish government looks set to borrow over and above our previous projections to fund furt…

Ireland to Overhaul Banking Sector as Part of Rescue Package

Ireland will restructure its banking sector as part of a massive economic aid package from the EU and IMF.

Irish banks will shrink, merge or be sold off, Finance Minister Brian Lenihan said, according to The Associated Press.

The banks are saddled …