A former Enron executive testifies that it was 'standard procedure' for the firm to try and hide its losses.

The head of Yahoo's Media Group said the group would shift focus from original shows to content from other media companies and users.

Wendy's announced that Trian Fund Management, the hedge fund controlled by Nelson Peltz and his partner, Peter W. May, would be given three seats on Wendy's board.

While many home buyers are convinced that prices will fall, just as many sellers are biding their time until bids improve.

A deal between AT&T and BellSouth could pressure Verizon to buy the last of the four Bell companies, Qwest Communications

Alan Patricof plans to announce that he will leave Apax Partners to start a venture capital fund for wireless, media and entertainment companies.

AT&T's acquisition of BellSouth will have a substantial impact on Madison Avenue because there have been so many agencies spending so much money on behalf of the two companies.

The Dutch company that owns ACNielsen was near a deal Tuesday night to be sold to a consortium of private equity investors for about $9 billion.

Japan's central bank voted to scrap its super-loose monetary policy, ending one of the biggest financial free rides in modern history.

The National Audit Office raps the government for giving MG Rover a £6.5m loan but Tony Blair defends the action.

Online listings have created an opportunity for unscrupulous sellers to try and resell dilapidated houses for inflated prices.

Reuters - Six of the world's top economic powers made little headway on Saturday in removing long-standing hurdles to a global trade deal, but reaffirmed a commitment to conclude a key part of the pact by the end of April.

The acquisition would give Capital One a strong retail banking foothold in the Northeast as growth of its nationwide credit card franchise slows.

Several countries are legislating barriers to the proposed takeovers of companies in their countries.

Google is now likely to be required to comply with a subpoena, but the amount of data is far less than previously demanded.

By Bloomberg News.

Consumer prices rose modestly, the government reported, easing inflation concerns as energy costs retreated after a sharp rise at the start of the year.

General Motors' announcement that it would have to restate 2005 earnings shows how far the icon has fallen.

Reuters - Wal-Mart Stores Inc. plans to hire 150,000 people in China over the next five years, five times the number it currently employs here, as it prepares for a major store expansion.

The chief executive of Verizon Communications is taking a big risk as he spends money on turning it into a fast-growing technology company.

The ruling was a defeat for the government, which had portrayed Frank P. Quattrone as a symbol of Wall Street's excesses.

A new drug hailed last year as a breakthrough for black heart patients has not lived up to expectations for NitroMed.

By Bloomberg News.

The first direct evidence of eavesdropping by the celebrity detective Anthony Pellicano has surfaced in newly filed court documents.

Reuters - Nippon Life, Japan's biggest private insurance company, is expected to have unrealised gains on shareholdings that are the highest in 15 years as of March 31, thanks in part to a surging stock market, the Nihon Keizei business daily reported on Saturday.

Merck drops its bid for rival German drugs firm Schering, enabling Bayer to complete its $19.5bn proposed takeover.

Through shrewd lobbying and litigation, oil companies were able to sweeten federal incentives for drilling in the Gulf of Mexico.

David Rivkin, a former KPMG partner, pleaded guilty to helping rich people escape millions of dollars in taxes.

Rick Wagoner, the chairman and chief executive of General Motors, is under pressure to save the company and his job.

Microsoft could violate European antitrust laws if it bundles certain features with its new operating system.

Rising inflation underlines a recovering Japanese economy, boosting hopes that rates will rise from record lows.