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Surface comes to Best Buy, Microsoft to make permanent stores
Microsoft SurfaceWednesday December 12, 2012 2:48PM ET
Microsoft Surface came to the Best Buy's website and it will make its way to retail outlets and mobile stores on December 16. Microsoft also announced the extension of its holiday stores, including the transition of several of the stores into its permanent retail outlets.
Honda recalls more than 800,000 minivans and SUVs
Honda OdysseyWednesday December 12, 2012 2:29PM ET
American Honda will recall approximately 318,000 Honda Odyssey and 259,000 Honda Pilot vehicles from the 2003-2004, and some 230,000 Acura MDX 2003-2006 in the U.S. to address a potential malfunction of the ignition interlock feature.
Standard Chartered to pay $327m settlement
Standard CharteredMonday December 10, 2012 1:04PM ET
Standard Chartered has agreed to a $327-million settlement with U.S. officials. The bank was investigated or possible violations of economic sanctions against Iran and other countries.
AIG to sell up to 90 percent of ILFC for $5.28 billion
International Lease Finance Corporation (ILFC)Monday December 10, 2012 12:42PM ET
American International Group agreed to sell up to a 90% stake in International Lease Finance Corporation (ILFC), a non-core asset, to the investor group in a transaction that values ILFC at approximately $5.28 billion.
CFTC fines Goldman $1.5 million for failed supervision
Goldman, Sachs & Co.Friday December 7, 2012 3:51PM ET
A former Goldman, Sachs & Co. employee hid an $8.3 billion trading position. The company lost more than of $100 million unwinding the position and the result is a $1.5 million penalty.
Glencore's takeover of Viterra cleared by China's ministry
ViterraFriday December 7, 2012 11:06AM ET
Glencore International announced that it received notice from the Ministry of Commerce of the People's Republic of China that its acquisition of Viterra has been approved. The transaction is worth $6.2 billion.
Sirius Radio to buy back shares, declares 5 cent special dividend
Sirius XM RadioThursday December 6, 2012 3:08PM ET
Sirius XM Radio said it will enter a $2 billion common stock repurchase program and declared a special cash dividend of 5 cents a share.
Macy's to open most stores for 48-hours straight
Macy'sThursday December 6, 2012 2:46PM ET
Macy's began the tradition of keeping its doors open 24-hours with Queens Center in 2006 but that's not enough: this year it will open most stores for 48-hours straight. Have your credit cards ready.
Delta Air Lines orders 40 jets from Bombardier, price up to $3.29bn
Bombardier CRJ900 NextGenThursday December 6, 2012 2:00PM ET
Delta Air Lines has placed an order for 40 CRJ900 NextGen regional jets by Bombardier Aerospace. With and option for additional 30 CRJ900 NextGens the order is valued at approximately $1.85 billion and could reach approximately $3.29 billion.
Tesco to leave U.S. after $1.6 billion failure
Fresh & EasyThursday December 6, 2012 8:55AM ET
Tesco said that it plans to sell Fresh & Easy food stores chain. The company's U.S. operations are unprofitable after five years of investment and $1.61 billion spent.
Freeport-McMoRan to buy oil and gas assets in $20 billion deal
Freeport-McMoRan Copper & Gold (FCX)Wednesday December 5, 2012 5:12PM ET
Freeport-McMoRan Copper & Gold (FCX) announced that it will buy Plains Exploration & Production Company (PXP) for for approximately $6.9 billion in cash and stock, and McMoRan Exploration Co. (MMR) for approximately $3.4 billion in cash.
EU imposes record $1.9-billion cartel fine on seven TV, monitor companies
EU record fineWednesday December 5, 2012 2:28PM ET
The European Commission has fined seven international groups of companies a total of 1.47 billion euros for two decade-long cartels.