REUTERS - Underwriters for Alibaba Group Holdings are planning to allocate the bulk of the heavily anticipated offering from the Chinese e-commerce company to a group of 25 to 50 large institutions when pricing is completed after the close of trading ...
Home Depot confirmed Wednesday that hackers exposed 56 million credit and debit cards during its months-long security breach. The company also said it had eliminated the malware behind the attack from its payment systems.
NEW YORK (Reuters) - U.S. stocks rose on Thursday, a day after the U.S. Federal Reserve kept intact its pledge to keep interest rates low, providing a backstop for investors that helped lift both the Dow and S&P to record highs.
Trader Patrick Forbes, left, works on the floor of the New York Stock Exchange Thursday, Sept. 18, 2014. U.S. stocks are opening higher a day after the Federal Reserve made clear it would keep interest rates at record lows for a while.
FRANKFURT: The European Central Bank has launched a new stimulus program aimed at getting banks to lend more - but low initial demand for its super-cheap loans shows the difficulty the ECB faces in trying to revive a stalling economy.