NEW YORK, July 11 (Reuters) - U.S. stocks rose slightly on Friday, but the S&P 500 posted its biggest weekly percentage decline since April as investors showed tepid enthusiasm after their first glimpses of earnings.
Reynolds American and Lorillard confirmed on Friday that they were working on a merger that will reshape Big Tobacco by bringing together two of the three largest US operators with a combined market capitalisation of $56bn.
(Reuters) - Trading in shares of Cynk Technology Corp (CYNK.PK) was suspended Friday in the loosely regulated over-the-counter market, amid concerns about possible market manipulation after a 24,000-percent surge in the stock price in the last month.
The Espirito Santo saga is giving believers in the end of the euro-zone crisis cause for pause. Although a return to the panic days of the crisis may be unlikely, the case, involving the inability of a parent company of a bank in Portugal to make some short-term ...
Amazon is seeking permission from US regulators to test its delivery drones near Seattle, as part of a rapid expansion of a programme that has sparked widespread debate over the safety and privacy implications of drone technology.