Posted: 07/28/2009 - Insurer American International Group Inc. says it closed the sale of its life insurance premium finance business for $679.5 million in cash.
Posted: 07/28/2009 - Time Warner has bought back Google's 5% stake in struggling Internet company AOL for $283 million.
Posted: 07/28/2009 - A newspaper report says Bank of America Corp.'s CEO Ken Lewis is planning to shrink the bank's 6,100-branch network by about 10%.
Posted: 07/28/2009 - IBM is acquiring analytics-software maker SPSS in an all-cash transaction at $50 per share for a deal valued at about $1.2 billion.
Posted: 07/27/2009 - Texas financier R. Allen Stanford wants to be moved from a private prison because he's been without air conditioning and shares a cell with up to 10 other inmates.
Posted: 07/27/2009 - Allstate Corp. is ending its sponsorship of the Allstate 400 at the Brickyard following a five-year sponsorship run at the Indianapolis Motor Speedway.
Posted: 07/27/2009 - Apple Inc. and the four major recording labels are working on launching a music offering code-named "Cocktail" that aims to add value to digital albums sold on the online iTunes Store.
Posted: 07/27/2009 - A new venture that NBC Entertainment co-chairman Ben Silverman is leaving the network to form with Barry Diller's IAC/InterActiveCorp promises better integration of ad campaigns by involving advertisers earlier in a show's development.
Posted: 07/27/2009 - Visa is reorganizing its management team by consolidating several operations under its chief operating officer, John Partridge.
Posted: 07/27/2009 - Amgen says its second-quarter profit rose 40 percent on lower costs and restructuring expenses as anemia drug sales continued falling.
Posted: 07/27/2009 - Gold prices are little changed, while other metals are slightly higher amid a mixed batch of earnings reports and economic data.
Posted: 07/27/2009 - Venezuela is postponing bidding among foreign oil companies for contracts to exploit seven areas within its heavy-oil-producing Orinoco belt.
Posted: 07/27/2009 - Verizon is giving some of its home broadband customers free access to thousands of Wi-Fi hotspots in airports and other public places
Posted: 07/27/2009 - Federal regulators are making permanent an emergency rule aimed at reducing abusive short-selling, put in at the height of last fall's market turmoil.
Posted: 07/27/2009 - A key senator is warning that the proposed merger of ticketing company Ticketmaster Entertainment Inc. and concert promoter Live Nation Inc. raises "serious competition concerns."
Posted: 07/27/2009 - Officials at St. Louis-based Emerson Electric say a new $50 million data center will be about one-third more energy efficient than traditional data centers.
Posted: 07/27/2009 - Phone company Verizon says it will cut 8,000 jobs from among employees and contractors before the end of the year
Posted: 07/27/2009 - Ben Silverman will be leaving his job as co-chairman of NBC Entertainment and Universal Movie Studios to head a new venture with IAC/InterActiveCorp.
Posted: 07/27/2009 - The head of the Obama administration's autos task force says the government wants to sell its shares in General Motors Co. and Chrysler Group LLC as soon as possible.
Posted: 07/27/2009 - Stocks are fluctuating after the government's report that new home sales rose last month by the largest amount in nearly nine months.
Updated: 07/27/2009 - Two days of high-level talks between the United States and China open today in Washington.
Posted: 07/27/2009 - Federal Reserve Chairman Ben Bernanke says he had to "hold his nose" over last year's taxpayer-financed bailouts of big financial companies.
Posted: 07/24/2009 - The state of Wyoming is asking a federal judge to force Yellowstone National Park to allow up to 740 snowmobiles daily during winter, more than twice what the Obama administration wants.