NYSE in Talks to Settle Data Probe
The New York Stock Exchange confirmed it is in settlement talks with regulators over allegations that the exchange violated rules intended to promote fair competition.
Ecuador Court Sets Midnight Deadline for Chevron to Pay Damages
U.S oil giant Chevron Corp. (CVX) has until midnight Monday to pay $19.04 billion ordered last week by the Court of Sucumbios in Ecuador for environmental damages in the Andean country's Amazon region, Judge Lilia Ortiz said during an interview.
OIL FUTURES: Nymex Crude Rises on Weaker Dollar, False Rumor
Crude oil moved higher in thin trading Monday, as a weaker U.S. dollar buoyed futures to a fresh two-week-plus high.
Apple Drops YouTube App from iOS 6 -Report
Apple Inc.'s (AAPL) upcoming iOS 6 won't include a YouTube app since the license has expired, The Verge reported Monday.
Treasury Sells $750 Million in AIG Shares to Underwriters
The Treasury Department on Monday said Wall Street underwriters bought additional shares of American International Group Inc. (AIG) for $750 million, taking the government's stake in the insurer down to 53%.
Gold and Silver Miners Lead the Charge Higher
On Monday, gold (NYSEARCA:GLD) futures for December delivery increased $6.90 to settle at $1,616.20 per ounce, while silver (NYSEARCA:SLV) futures edged 6 cents higher to close at $27.86.Both precious metals posted modest gains following large moves made on Friday, when the Labor Department
U.S. GAS: Futures Rise After Steep Declines Last Week
Natural gas futures rose Monday, breaking a four-session losing streak as traders weighed forecasts for cooler temperatures against the steep declines of the past week.
Avago Nears Deal to Buy Schneider Electric Unit -Reuters
Avago Technologies Ltd. (AVGO) is nearing a deal to buy Schneider Electric SA's (SU.FR) Moorpark, Calif.-based sensors unit, according to three people familiar with the matter, Reuters reported Monday.
New US Inquiries of J&J Marketing as Settlement of Older Probes Nears
Johnson & Johnson (JNJ) faces fresh government inquiries about its marketing practices, even as the health-care giant works to finalize a potentially costly settlement of long-running U.S. probes of its promotion of the antipsychotic Risperdal and other drugs.
U.S. Allows Enbridge to Restart Oil Pipeline in Wisconsin
The U.S. Department of Transportation on Monday allowed Enbridge Energy Partners LP (EEP) to restart its Line 14, which leaked more than 1,000 barrels of oil in Wisconsin in July.