United Tech frontrunner for GE security unit: report

Diversified U.S. manufacturer United Technologies Corp is now the favorite in the bidding for General Electric Co’s security business, Bloomberg reported, citing a person […]

Swiss Re says sees overall pricing increase

Swiss Re, the world’s second-biggest reinsurer, said reinsurance prices were rising overall, lifting its shares nearly 3 percent.
The reinsurer also said on Monday it […]

Mortgage bankers group urges Fannie, Freddie changes

The U.S. Mortgage Bankers Association said on Wednesday it will ask Congress to transform mortgage lenders Fannie Mae, Freddie Mac into several smaller, privately […]

As hybrid cars gobble rare metals, shortage looms

The Prius hybrid automobile is popular for its fuel efficiency, but its electric motor and battery guzzle rare earth metals, a little-known class of […]

Mixed-use project planned in Clayton

Vacant six years since Schnucks departed, the prime commercial corner at Hanley and Clayton roads is slated for a $116 million office, hotel and […]

Stingier shoppers schooling retailers

Tammy Groppe had already purchased a pair of lunch boxes from Toys R Us and a few Dollar Store back-to-school items by the time […]

Twitter to pitch add-on tools to businesses

Twitter plans a marketing campaign starting in the next few days to educate users, individual and corporate, about ways to make money off the […]

Calpers sues over ratings of securities: report

Calpers, the biggest U.S. public pension fund, has filed a suit in a California state court in connection with $1 billion in losses that […]

Colombia Bank Cuts Rate to Record 5% as Growth Slows

Colombia’s central bank cut its benchmark interest rate to a record today and signaled it’s ready to lower it further in an effort to […]

Sales decline 9.7 percent in first quarter at Home Depot

Home Depot Inc., the world’s largest home-improvement retailer, reported a 9.7 percent drop in first-quarter sales and said consumers remained reluctant to spend as […]