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Wall Street at record levels after Abe's election win

Wall Street indexes hovered at record levels on Monday as investors cheered the continuation of "Abenomics" following Japanese Prime Minister Shinzo Abe's emphatic win in the weekend polls.

Recent Business News

AT&T extends deadline to close Time Warner deal

AT&T Inc said on Monday it had extended by a "short period" the deadline to close its proposed deal to acquire Time Warner Inc , to buy time to get the required regulatory approvals for the deal.

8:10am EDT

Daimler, VW raided by EU staff in widening cartel searches

HAMBURG/BERLIN European Union antitrust officials widened an investigation of alleged collusion between Germany's top carmakers on Monday, with both Daimler and Volkswagen becoming the latest targets of the inspections.

9:06am EDT

Apple, Samsung face new iPhone damages trial: U.S. judge

A U.S. judge has ordered a new trial to determine how much Samsung Electronics Co should pay Apple Inc for copying the look of the iPhone.

10:11am EDT

T-Mobile quarterly profit tops estimates as subscribers grow

NEW YORK T-Mobile US Inc's quarterly profit topped Wall Street analyst estimates and the No. 3 U.S. wireless carrier raised the lower end of its expected range of customer additions for the year but didn't elaborate on a potential deal with rival Sprint Corp .

8:26am EDT

Target gears up for holidays with free shipping and gifts under $15

NEW YORK Target Corp said on Monday it would start free shipping beginning in November and that most of its gift assortment had been priced at under $15, as the retailer gets ready to take on Amazon.com and Wal-Mart in the most crucial shopping season of the year.

9:27am EDT


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