Consumer electronics chain Best Buy Co. Inc. is establishing a foothold in the European market with a $2.1 billion investment in the continent’s largest cell phone retailer, allowing the American company to roll out its trademark big box stores in Europe, the companies said Thursday.
The London-based Carphone Warehouse Group PLC will put its 2,400 Carphone […]
PARIS (AP) - NYSE Euronext said Tuesday its profit more than tripled in the first quarter, reflecting the addition of Euronext NV’s activities to those of the parent of the New York Stock Exchange last year and higher trading volumes.
The trans-Atlantic stock exchange operator said it earned $230 million, or 87 cents a share, for […]
WASHINGTON (AP) - The Federal Reserve, which began the year aggressively fighting a severe credit crunch and economic weakness, may push the pause button after delivering perhaps one more quarter-point cut in interest rates.
Fed Chairman Ben Bernanke and his colleagues began their second day of discussions on Wednesday. Financial markets widely expected that those talks […]