Wall Street signaled skepticism on Monday that AT&T Inc would secure the government approvals needed to carry out its planned $85.4 billion acquisition of Time Warner Inc, with shares of both companies falling as analysts scrutinized the deal. | Video
Monday biz blues
Recent Business News
DETROIT Two Toyota Motor Corp brands again led the annual reliability survey from Consumer Reports magazine, and General Motors Co's Buick was the first American brand in at least 35 years to crack the top three, the consumer magazine said on Monday.
NEW YORK Oil prices fell on Monday after Iraq said it wanted to be exempt from an OPEC production cut, though prices drew some support from a rally in Wall Street shares and a draw in crude inventories at the U.S. storage hub of Cushing, Oklahoma.
NEW YORK A lawyer for financier Lynn Tilton on Monday blasted U.S. Securities and Exchange Commission charges that she defrauded investors in three debt funds as "ludicrous," as the agency sought to bar her from the financial industry.
Department store operator Nordstrom Inc said it would hire about 11,400 temporary employees for the holiday shopping season, about 3 percent fewer than last year.
TD Ameritrade has agreed to buy Scottrade for $2.7 billion in a deal that would bring together two of the biggest U.S. discount brokerages, but is expected to face scrutiny from regulators. | Video