November 25th @ 6:46 PM GMT
Yahoo! Key stock indexes on Wall Street swept to record intraday and closing highs on Black Friday thanks to gains in consumer staple and technology stocks, while European shares climbed, and a stabilization in U.S. Treasury yields led investors to sell the dollar. The Dow, S&P 500 and Nasdaq indexes, as well as the small cap Russell 2000 , hit record closing and intraday highs in thin trading, with the U.S. stock market closing at 1:00 p.m. ET (1700 GMT). For the week, the Dow and Nasdaq gain... (Business)
November 28th @ 10:17 AM GMT
Yahoo! The dollar saw its biggest drop in almost a month on Monday as a bashing for oil prices on doubts about an OPEC output cut this week left investors reversing ''Trumpflation'' trades that have gripped markets since the U.S. election. Crude prices and Europe's main stock markets were down over 1 percent in early European trading as Italian shares also took a fresh tumble ahead of its referendum on constitutional change this Sunday. With oil so vital for global costs it was rapidly coolin... (Business)
November 25th @ 1:23 PM GMT
Yahoo! Shares in Actelion Ltd jumped as much as 19 percent to record highs on Friday on reports that U.S. healthcare company Johnson & Johnson was interested in a takeover of the fast-growing Swiss biotechnology firm. A person familiar with the situation told Reuters that Johnson & Johnson (J&J) had met Actelion about a deal, and that there was broader interest from prospective suitors in the industry, after Bloomberg on Thursday reported J&J's interest.Deliberations were still at... (Business)
October 19th @ 1:20 PM GMT
E! Online Thanks to Kenny Loggins, Tom Cruise made a grand entrance on Jimmy Kimmel Live! Tuesday. Loggins performed ''Highway to the Danger Zone'' from the Top Gun soundtrack as the actor walked (Entertainment)
Top Gun
November 28th @ 3:01 PM GMT
Yahoo! London (AFP) - Shares in Italian banks slumped Monday on jitters over the outcome of a crucial weekend referendum, dragging down markets across Europe, while the outlook on an OPEC production deal fluctuated along with oil prices. (World)
November 25th @ 5:23 PM GMT
Yahoo! U.S. healthcare group Johnson & Johnson (J&J) and biotech group Actelion confirmed they are in talks after media reports about a potential deal sent the Swiss company's stock to a record high. Shares in Actelion had jumped as much as 19 percent on the reports that a takeover may be brewing for the fast-growing biotechnology group. ''Actelion confirmed today that it has been approached by Johnson & Johnson about a possible transaction. (Technology)
November 28th @ 11:33 AM GMT
Yahoo! South Africa's telecom group MTN has met with Nigeria's Securities and Exchange Commission (SEC) to discuss a possible initial public offering and how it wanted to structure the share sale, the head of Nigeria's SEC told Reuters. SEC director general, Mounir Gwarzo, said MTN had discussed the possibility of issuing various classes of shares to targeted investor groups. (Technology)
November 25th @ 4:23 PM GMT
Yahoo! Donald Trump's White House triumph this month caught the business world by surprise but also breathed life into a little-understood US industry: private prisons and migrant detention centers. Following the Republican's election, shares in two of the sector's major players, CoreCivic (formerly known as Corrections Corporation of America) and the GEO Group have skyrocketed 43 percent and 21 percent, respectively, after having languished in recent months. In August, the US Justice Departmen... (Politics)
November 28th @ 3:09 AM GMT
Yahoo! Oil prices tumbled on Monday on fears that producer countries may fail to agree an output cut, pressuring U.S. stocks and the dollar as traders reversed their ''Trumpflation'' trade as weak oil prices would reduce pressure on U.S. interest rates to rise. MSCI's broadest index of Asia-Pacific shares outside Japan rose 0.5 percent, led by gains in Hong Kong and Taiwan . In contrast, U.S. stock futures slipped 0.3 percent after their stellar performance this month on hopes U.S. President-... (Business)
October 15th @ 5:51 PM GMT
E! Online Daniel Franzese, who starred as Damian in the 2004 comedy, responded Saturday to Lindsay (Entertainment)
Lindsay Lohan, Amanda Seyfried, Rachel McAdams, Lacey Chabert