Business

Photo

Facebook says SEC's IPO probe ends, extending WhatsApp closing date

- Facebook Inc said the U.S. Securities and Exchange Commission dropped its probe into the social networking company over events surrounding its controversial initial public offering.

Recent Business News

Exclusive: Exxon eyes expanding Texas refinery into biggest in U.S. - sources

HOUSTON - Exxon Mobil Corp is considering a multibillion-dollar plan to expand its Beaumont, Texas, refinery into the country's largest, the first major refining investment of the U.S. shale oil boom, people with knowledge of the deliberations said.

BSkyB to pay $9 billion to create Sky Europe

LONDON/PARIS - Britain's BSkyB has agreed to pay $9 billion to buy the Rupert Murdoch's pay-TV companies in Germany and Italy, taking its hunt for growth into Europe by creating a media powerhouse with 20 million customers. | Video

U.S. sets anti-dumping duties on solar imports from China, Taiwan

WASHINGTON - The United States on Friday set new import duties on solar products from China and Taiwan after the Commerce Department found that the solar panels and cells are being sold too cheaply on the U.S. market.

5:55pm EDT

Tyson Foods to shut three factories, cut 950 jobs

- Tyson Foods Inc said it will discontinue operations at three of its factories which make processed meat products such as sausages and hot dogs, affecting about 950 people.

6:18pm EDT

Argentina fails to reach breakthrough in debt mediator talks

NEW YORK/BUENOS AIRES - Argentina failed to reach a breakthrough with the U.S. court-appointed mediator in its battle with holdout creditors on Friday in talks that lasted just an hour, suggesting a settlement to avoid a default next week remains elusive.

4:13pm EDT

Markets

  • U.S.
  • Europe
  • Asia
  • Sectors

Sector Summary

Millennials: forever renters or just delayed homeowners?

The White House wants to help you move out of your parents’ basement. That was the message from Jason Furman, the chairman of the White House’s Council of Economic Advisers, at the Zillow Housing Forum in Washington yesterday.