TOKYO Asian stocks were subdued early on Monday after Wall Street's sluggish performance at the end of last week, while the dollar hovered near nine-month highs as fresh comments from a Federal Reserve official boosted bets of a rate hike by year-end.
Recent Business News
WASHINGTON/NEW YORK The tie-up of AT&T Inc and Time Warner Inc , bringing together one of the country's largest wireless and pay TV providers and cable networks like HBO, CNN and TBS, could kick off a new round of industry consolidation amid massive changes in how people watch TV.
NEW YORK Federico Pena, a member of Wells Fargo’s board of directors and chairman of its corporate responsibility committee, has resigned from an advisory position with Vestar Capital Partners, a private equity firm.
WASHINGTON An acquisition of Time Warner Inc by AT&T Inc. could raise significant antitrust issues that the U.S. Senate committee on antitrust would carefully examine, the chairman and ranking member of the committee said Sunday.
After two years of looking to expand, aircraft component maker Rockwell Collins Inc has struck a deal to buy aircraft interior maker B/E Aerospace Inc for $62 a share in cash and stock, the companies said on Sunday.
TD Ameritrade Holding Corp and Toronto-Dominion Bank are nearing buying Scottrade Financial Services [SCTRD.UL] in a $4 billion deal, a source familiar with the matter said.