Washington (CNN) The Justice Department has sent subpoenas to several major airlines as part of an investigation into "possible unlawful coordination" to limit capacity increases, and thereby keeping ticket prices high, a department spokeswoman said ...
Electrolux's proposed $3.3bn acquisition of General Electric's appliance business could become the latest deal to come undone after the US Department of Justice sued to block the deal.
U.S. stocks closed higher on Wednesday but were down from earlier highs as energy stocks declined and Greece's debt crisis showed no clear signs of resolution.
PayPal Inc said it would buy digital money transfer provider Xoom Corp (XOOM.O) for about $890 million in enterprise value as it tries to expand in markets such as Latin America, India and China ahead of a spinoff from eBay Inc (EBAY.
Californians reduced their water use by a whopping 29% in May, by far the largest savings since Gov. Jerry Brown called for voluntary 20% cutbacks amid a growing drought emergency last year.