Specialty finance company Ares Capital Corp (ARCC.O) agreed to buy smaller rival American Capital Ltd (ACAS.O) in a cash-and-stock deal valued at $3.4 billion, aiming to capture a bigger share of lending to mid-sized firms as big banks turn cautious.
Sports Authority, in planning to close all of its stores,is set to launch its going-out-of-business sales this week, according to court documents.
... * Bullion hit by prospect of Fed hike sooner rather than later * Could fall below $1,200 in next couple of months - analyst * Palladium marks lowest in nearly 6 wks, silver in five weeks (Updates prices) By Vijaykumar Vedala BENGALURU, May 24 Gold ...
GENEVA - The Swiss attorney general's office said Tuesday that it has opened criminal proceedings against Swiss bank BSI SA in connection with a probe into suspected embezzlement of a Malaysian state investment fund.
Los Angeles County commuters who woke up early Monday morning to ride the new Expo Line extension quickly encountered one of the ugly realities of the Los Angeles public transit system: its proximity to traffic.