Circuit City revealed that it received a letter from Blockbuster indicating that the company's largest shareholder, investor Carl Icahn, is prepared to buy Circuit City on his own if Blockbuster can't get financing or shareholder approval
Hints of a Rift at OPEC About Output An oil official signaled for the first time in months that the oil cartel might increase its output if prices keep rising.
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Stocks Fall on A.I.G. Losses and Oil Surge Wall Street was down sharply as investors contended with wider-than-expected losses at American International Group and another worrisome spike in oil prices.
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Kerkorian Moves to Buy a Bigger Stake in Ford The billionaire investor started a cash tender offer on Friday to bolster his stake in Ford to 5.6 percent, but stopped short of revealing his long-term plans as a major shareholder.
Citigroup Inc. said Friday it aims to shed about $500 billion in assets and grow revenue by 9 percent over the next few years
Circuit City revealed that it received a letter from Blockbuster indicating that the company's largest shareholder, investor Carl Icahn, is prepared to buy Circuit City on his own if Blockbuster can't get financing or shareholder approval
Rising food prices, trade tensions and social unrest are prompting a rethink of the EU's ambitious hopes for running cars and trucks on biofuel
The U.S. trade deficit narrowed sharply in March as demand for imports fell by the largest amount since the last recession was ending
