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Reuters - U.S. chocolate maker Hershey Co is considering launching a bid of at least $17 billion for British chocolatier Cadbury Plc as it seeks to trump a hostile offer by Kraft Foods Inc, a source familiar with the matter said on Friday.
US chocolate maker Hershey considers launching a solo bid of at least $17bn (£10bn) for UK firm Cadbury, reports say.
Investors are increasingly wondering about the speed of the economy recovery and they are questioning the fast-paced rise of technology stocks.
Hershey is considering bidding for Cadbury, a proposal that would top the $16.7 billion hostile bid from Kraft, people briefed on the matter told DealBook on Friday.
Publishing, TV and mom-and-pop stationery stores to lose Oprah as money maker.
Oprah Winfrey - Television - Small business - Family - Parenting
The stock market ended a down week with light selling as investors grew uneasy about a rising dollar and spiking demand for the safest government debt.
Study finds homeowners fight foreclosure even when it doesn't make sense.Foreclosure - United States - Oceania - Organizations - Arts
Investors are increasingly wondering about the speed of the economy recovery and they are questioning the fast-paced rise of technology stocks.
10 U.S. states struggle with unemployment at or above 11 percent.Unemployment - Business - United States - Work - Recession
Target, Best Buy preps for holiday shopping season; GDP, housing report.
Since 1998, the dollar's weakness has been a major contributor to the United States stock market's fall from global grace.
Since 1998, the dollar's weakness has been a major contributor to the United States stock market's fall from global grace.
Valero Energy announces it is permanently closing its oil refinery in Delaware City, with the loss of 550 jobs.
Reuters - Investors tempted to put money into star hedge fund manager John Paulson's new gold portfolio will have to commit at least $10 million and leave the money locked up for at least one year, according to a prospectus.
Some advice from those with firsthand experience of divorce may help you avoid the financial pitfalls of a split.
Reuters - U.S. stocks fell for a third straight day on Friday as investors took weaker-than-expected results from computer maker Dell and homebuilder D.R. Horton as a further sign that the recovery would be anemic.
In the suit, the state's attorney general asserted that Standard & Poor's, Moody's and Fitch Ratings provided misleading ratings that led to hundreds of millions of losses for state funds.
The strategy behind Black Friday shopping frenzies could be used elsewhere.Black Friday - Business - Marketing and Advertising - Marketing - Internet Marketing
For Lawrie Covey and millions of other unemployed workers, life remains a day-to-day struggle. Instead of working on RVs in a factory, she may soon be living in one.
In a move to prepare the ground to unwind emergency liquidity measures, the European Central Bank has tightened rules for collateral it accepts against loans.
There are signs of recovery in the nation's heartland, including Elkhart, Ind., but the rebound is faint, uneven and faces many threats.
Even as the British economy seems to be improving, some analysts worry that its underlying structural flaws could mean the country won't be able to sustain its recovery.
Even as the British economy seems to be improving, some analysts worry that its underlying structural flaws could mean the country won't be able to sustain its recovery.
Homebuilder D.R. Horton Inc., saw new home orders spike 26 percent from a year ago in the latest quarter as buyers raced to close deals and take advantage of a federal tax credit. But a wider-than-anticipated loss fueled by write-downs sent shares tumbling more than 15 percent Friday....
NEW YORK (AP) -- Investors can't shake their fears that the economy isn't keeping up with the stock market....
WASHINGTON (AP) -- In a sharp improvement, more than half of U.S. states added jobs in October, though economists said many of the gains likely occurred in temporary employment....
NEW YORK (AP) -- The U.S. is finally becoming a nation of savers. Now if only we could get something for our money....
Reuters - When the U.S. holiday shopping season kicks off on the day after Thanksgiving, retailers can expect to see millions of less frightened but even more bargain hungry customers cross their thresholds.
NEW YORK (AP) -- Former Vivendi CEO Jean-Marie Messier told a jury Friday he made mistakes in his troubled bid to turn the French water company into a global media giant, but he never misled shareholders about the risks....
Reuters - The U.S. economy's return to growth in the third quarter was less brisk than previously thought as the trade deficit worsened and companies still aggressively cut inventories, a Reuters survey predicted.
Warren Buffett sees its future. Here's why other investors should too.
In a sharp improvement, more than half of U.S. states added jobs in October, though economists said many of the gains likely occurred in temporary employment.
D.R. Horton's loss wider than expected; Ann Taylor cuts prices.
About 200 football ties are under investigation in what one Uefa official calls Europe's biggest match-fixing scandal.
The European Central Bank says it will scale back emergency monetary support for fear of fuelling inflation.
Report says that the two companies standing between Comcast and NBCU differ on its value by at least $1B.
Growing discontent over the economy, recovery efforts turn into a wave of criticism and outright anger directed at the administration.
Shareholders tell the bank to give back ... to them.
The Japanese government warns that deflation has returned to the country's economy for the first time since 2006.
NEW YORK -- In highly orchestrated raids around the world this week, Interpol officers in Europe, drug agents in the United States and task forces from Sweden to Singapore hunted down counterfeit prescription drugs in an effort to stem a rapidly growing criminal business preying on financially pr...
Capitalizing on consumers' growing desire to "trade down," no-frills retailer Forman Mills is making a bigger foray into the Washington area with two new stores, one opening in New Carrollton on Friday and another in the District on Nov. 27.
American Express on Wednesday said it had agreed to buy the online person-to-person payment provider Revolution Money for $300 million, the latest move by one of the credit card giants to add a service that has been increasingly in demand by consumers, especially younger ones.
The Obama administration is poised to extend the life of the highly unpopular $700 billion financial bailout and, to display a commitment to fiscal responsibility, is planning to use much of the leftover funds to reduce the national debt, government sources said.
New home construction took an unexpected tumble last month, reflecting the bumpy nature of a tentative housing recovery.
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