In the second quarter, 50 merger and acquisition deals of venture-backed companies were completed. That?s down from 70 in the first quarter.

Richard A. Grasso will keep the $139.5 million he was paid as the former New York Stock Exchange chief.

The Belgian-Dutch financial services group Fortis will sell about 10 percent of ABN Amro?s Dutch operations to Deutsche Bank for 709 million euros ($1.12 billion).

Phillip R. Bennett was sentenced for a financial cover-up that brought down one of the world?s largest commodities brokerages.

European markets fell and Asian markets were mixed Friday as investors digested uneven readings on the United States economy and oil prices remained near records.

Reuters - Hyundai Motor Co (005480.KS), South Korea's top auto maker, said on Sunday it had cut its local sales target for this year by 6 percent as record-breaking oil prices are hitting consumer sentiment in Asia's fourth-largest economy.

In the United States, 82 percent of cellphone owners said that they never used text messaging, while 15 percent said that they used it every week or even more.

Shares in Freddie Mac and Fannie Mae fell sharply, reflecting a consensus among investors that the housing slump will be more severe than initially feared.

The Rooney family?s attempts to divest from its gambling interests to satisfy the N.F.L. commissioner may lead the family losing control of one of football?s storied franchises.

Widespread fear about the health of the mortgage industry took hold Wednesday afternoon, and investors could not shake the jitters.

Under the plan, shares of Fannie Mae and Freddie Mac would be worth little or nothing, and any losses on mortgages they own or guarantee would be paid by taxpayers.

One of the largest mortgage lenders in the US, the California-based IndyMac Bank, collapses amid a growing credit crisis.

Yahoo?s decision is another broadside between the company and Microsoft, two months after the software giant withdrew its $47.5 billion takeover offer.

People are making videos of their strong reactions to the trailer for Disney?s ?Beverly Hills Chihuahua.?

President Bush lifted nearly two decades of executive orders banning offshore drilling for oil and natural gas, while a Congressional moratorium on drilling remains in place.

The growing number of automated calls has alarmed privacy lovers and those who resist commercialism.

A study to be released Thursday highlights the stark contrast between what the United States spends on its health system and the quality of care it delivers.

The centerpiece of Dubai?s financial hub seems equal to the thrusting ambitions of the foreign investment bankers rushing to set up shop.

The price of oil records its biggest weekly drop, slipping under $130 a barrel as US consumers use less gasoline.

AFP - The European Central Bank is trying to convince people in the eurozone that taking a tough stand on inflation will get them through lean economic times, arguing that long-term gains warrant short-term pain.

Some countries in the region import 90 percent or more of their staples. The worldwide food crisis is making many countries in the region rethink that math.

After two decades focused on trucks, the company is about to drastically shift focus to building smaller cars.

A modest rally on Wall Street accelerated in late trading on Tuesday, as another steep drop in oil prices sent the Dow Jones industrial average surging 135 points to its highest close in a month.

The agency said patients with a variation in an immune system gene should not be given the drug abacavir because they are at a far higher risk of a severe allergic reaction.

Disappointing June home sales and new worries about banks dragged the Dow Jones industrial average down 283.10 points, or 2.43 percent, its worst loss in a month.

Chrysler is getting out of the car leasing business, a move that comes amid falling resale values of trucks and S.U.V.?s that have cost automakers billions of dollars.

Federal regulators on Friday closed two banks operating in Arizona, California and Nevada: First National Bank of Nevada and First Heritage Bank, N.A.

Former Google employees are unveiling a search engine that they promise will be more comprehensive than Google?s and hope will give its users more relevant results.

Merrill Lynch said it expected to take a $5.7 billion write-down because of losses on its mortgage assets and planned to raise at least $8.5 billion.

After years of on-again, off-again negotiations, world trade talks collapsed in rancor, ending hopes of a deal to open markets and cut farm subsidies.

The Food and Drug Administration has ordered Amgen to change the labels for its flagship anemia drugs in a way that could further restrict their use in treating patients with cancer.