The S&P 500 hit new all-time highs yesterday, while other equity indexes slipped. The CBOE Volatility Index climbed back above the 14 level.
Cerberus Capital Management is to buy grocery giant Safeway Inc. and will merge it with another supermarket chain it already owns.
Office supplies chain Staples announced plans Thursday to shut down more than 10 percent of its stores, according to an Associated Press story.
Mario Draghi, president of the European Central Bank (ECB), gestures while he speaks... Read More. Mario Draghi, president of the European Central Bank (ECB), gestures while he speaks during a news conference at the bank's headquarters in Frankfurt on ...
... Stocks. * No last-minute rescue for Chaori to avoid bond default. * First domestic bond default to force re-assessment of credit risk.