KV Pharmaceutical stock drops in wake of FDA news

Shares of KV Pharmaceutical Co. tumbled by almost a third this morning after the Food and Drug Administration announced that it does not intend to take enforcement […]

Investors flock to Japanese stocks after quake

Investors are flocking to Japanese stocks in the wake of the costliest natural disaster in history.
Exchange-traded funds that hold Japanese stocks brought in a record […]

At SXSW, investors and founders hunt for million-dollar hookups

Among the 18,000 attendees who descended on Austin this week for the South by Southwest (SXSW) Interactive gathering were hundreds of venture capitalists and […]

AT&T to buy T-Mobile USA for $39 billion

AT&T Inc. says it will buy T-Mobile USA from Deutsche Telekom in a cash-and-stock deal valued at $39 billion.
T-Mobile is the fourth-largest wireless carrier in […]

Stocks higher after G-7 pledge to restrain yen

Global stocks rose Friday after the world’s seven leading industrial nations pledged to rein in the Japanese yen, whose surge to record highs this week […]

Ireland’s Kenny Says Taxpayers Shouldn’t Bear All Bailout Cost - Bloomberg

Irish Prime Minister Enda Kenny said it’s “grossly unfair” that taxpayers alone should carry the cost of bailing out the country’s banks as he pushed […]

TSX closes down amid global sell-off

The Toronto Stock Exchange closed lower at the end of a whipsaw session amid news that dangerous levels of radiation are leaking from a Japanese […]

China approves economic plan, no political changes

China approved economic plans for the next five years that aim to empower consumers but rejected any hints of political reforms as it closed its […]

US ‘tightening noose’ on Libyan leader, Obama says

President Barack Obama declared Friday that a no-fly zone over Libya to keep Col. Moammar Gadhafi from attacking rebels in his country remains a possibility […]

AIG offers to rebuy toxic assets from New York Fed

American International Group Inc. is offering $15.7 billion for a heap of toxic mortgage bonds that the Federal Reserve Bank of New York took off […]