Commodities ended mostly lower Monday amid signs that housing and credit market troubles have deepened and could impair economic growth, hurting demand for raw materials.
Sun Microsystems Inc. swung to a first-quarter profit that matched Wall Street's expectations Monday, marking the server and software maker's first full year in the black since the dot-com meltdown.
Consumer products maker Unilever NV said Monday it has agreed to sell its Boursin branded cheese products to France's Le Groupe Bel for ?400 million (US$579 million).
The dollar edged up against the pound and euro in New York trading on Monday, rising from last week's slump as the greenback was bolstered by better-than-expected growth in the U.S. services sector.
Charles Prince is walking out Citigroup's doors with potentially millions in his pocket, leaving behind a bank that many believe needs serious therapy.
The Bush administration, trying to combat Syrian attempts to reassert control over Lebanon's political system, said Monday it was imposing economic sanctions against four people.
Wall Street pulled back in erratic trading Monday as investors grew more concerned about a deteriorating housing market and the widening impact of soured debt after Citigroup Inc. warned it plans to book $8 billion (?5.52 billion) to $11 billion (?7.59 billion) in additional losses.
A jury awarded $3.3 million (?2.3 million) to six workers on Monday who claimed they were left sterile by a pesticide used at a banana plantation in Nicaragua operated by Dole Fresh Fruit Co.
House &Garden, a glossy high-end magazine focused on home design, will shut down at the end of the year, more than a century after it originally launched, the publication's parent company said Monday.
Chile's LAN Airlines ordered 26 of Boeing Co.'s 787 Dreamliner jets, the largest purchase of the model by any Latin American company, the U.S. company said Monday.
The opening of a Finnish-run plant that has strained relations between Uruguay and Argentina drew closer on Monday as President Tabare Vazquez joined in christening the last of three barges serving the plant.
Jeff Bewkes will succeed Dick Parsons as the CEO of Time Warner Inc. on Jan. 1, the company announced Monday, completing a widely anticipated succession at the top of the world's largest media conglomerate.
