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  • GrubHub and Seamless to merge GrubHub and Seamless to merge

    WASHINGTON GrubHub Inc. and Seamless North America LLC, two of the biggest online services for food-delivery in the U.S., have entered into a definitive agreement to combine their companies to take on rivals in the growing market for online meal orders. The merger will create a combined company well positioned to drive more orders to restaurants, deliver a better experience for hungry diners ...

  • Yahoo buys blogging platform Tumblr for $1.1 bn cash Yahoo buys blogging platform Tumblr for $1.1 bn cash

    NEW YORK - Yahoo promised "not to screw it up" as it formally announced its acquisition of the popular Tumblr blogging platform for $1.1bn in cash, giving the company a much-needed base in social media to reach a younger generation of users. The relaxed wording of the memo for one of the internet giant's biggest acquisitions was echoed in the memo sent by David Karp, Tumblr's 26-year-old ...

  • Actavis buying Warner Chilcott in $8.5bn deal Actavis buying Warner Chilcott in $8.5bn deal

    WASHINGTON/ DUBLIN - Actavis Inc, the largest US generic drug maker by market value, is acquiring Dublin-based Warner Chilcott in a deal worth $8.5billion (5.6billion pounds) including $3billion net debt, to create the third-biggest specialty pharmaceutical company in the country. Under the deal, Actavis, which itself has been the subject of bid speculation, would be offering $5billion in ...

  • Morgan Stanley to sell Indian private banking arm to StanChart Morgan Stanley to sell Indian private banking arm to StanChart

    MUMBAI - The UK based Standard Chartered (StanChart) Monday announced plans to acquire the Indian private wealth management business of US multinational financial services firm Morgan Stanley for an undisclosed amount as part of plans to expand operations. The acquisition is subject to regulatory approvals. "Standard Chartered India has agreed to acquire Morgan Stanley's onshore private ...

  • How the Dow Jones industrial average and other major indexes fared Tuesday

    Stocks indexes hit new highs on Wall Street as investors bank on continued support from the Federal Reserve. Indexes wobbled between gains and losses in early trading, then took a turn higher after James Bullard, head of the Fed's St. Louis branch, said the Fed should keep buying bonds to support the economic recovery. The Dow Jones industrial average rose 52.30 points, or 0.3 percent, to ...


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Movie Review

The Phantom of Liberty (Le Fantôme de la liberté) [DVD]

The Phantom of Liberty (Le Fantôme de la liberté) [DVD]

As cowriter Jean-Claude Carrire notes in a brief excerpt from a 2000 interview on the new Criterion Collection DVD of The Phantom of Liberty (Le Fantme de la libert), master surrealist and provocateur Luis Buuel was essentially given free reign when making it ... ...

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  • After Hours Saks shares jump on report of possible sale

    SAN FRANCISCO (MarketWatch) -- Saks Inc. shares jumped in heavy volume late Tuesday following a report that the upscale luxury retailer has hired advisers for a possible ...

  • Earnings Watch Updates advisories and surprises

    -1.51% said Tuesday afternoon that it plans to lay off about 900 of its workers in a cost-cutting move. The announcement was made, which saw earnings slip on a slight increase in revenues. NetApp shares were up 2.1% in after-hours trades on Tuesday following the report. The company also projected a revenue range of $1.48 billion to $1.58 billion for the current quarter, slightly below Wall ...

  • Wall Street watchdog to review broker bonus disclosure plan in July

    WASHINGTON (Reuters) - Wall Street's watchdog will present a plan to its board in July that would require brokers to tell certain clients about compensation they receive when they switch firms, the regulator's chief said on ...

  • Fitch Rates Monroe County NY IDA School Facility Rev Bonds AA- Outlook Positive

    U.S. Money Funds Return to Eurozone Banks U.S. prime money market funds (MMFs) increased their exposure to eurozone banks in April, although asset allocations to these institutions remain well below 2011 levels, according to Fitch Ratings. As of end-April 2013, MMF allocations to eurozone banks represented 15.1% of assets under management within Fitch Ratings'sample of the 10 largest U.S. ...

  • GLOBAL MARKETS-Shares edge higher SP 500 at fresh all-time high

    * Investors looking for clarity on Fed stimulus program * Dollar index firmer but down from near three-year high * Yen dips after Japan minister says seeks 'balance' for currency * Commodities fall, gold and oil weaker on the day ...

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