Hilton Worldwide Holdings Inc (HLT.N), the world's largest hotel operator, said Blackstone Group LP (BX.N) would reduce its stake in the company by 14 percent to about 57 percent.
North America
Pimco Total Return Fund posts a record $27.5 billion in outflows in October
Pacific Investment Management Co suffered a record $27.5 billion in withdrawals from its flagship Pimco Total Return Fund in October, extending large net outflows following Bill Gross' surprise resignation from the firm.
Banks to launch new tool to fight hackers: WSJ
A group of cybersecurity firms funded by big banks plan to launch a platform that will allow financial companies to communicate faster about potential cyber breaches, the Wall Street Journal reported.
AIG beats third-quarter estimates, will buy back more shares
Insurer American International Group (AIG.N) on Monday reported better-than-expected third quarter earnings, bolstered in part by improved performance at core insurance operations.
Disney cloud movie service adds Google Play purchases
Walt Disney Co said its cloud-based movie service will expand to include purchases made through the Google Play online store, the latest in a string of moves by Hollywood studios to encourage digital ownership.
Latest News
The Dallas Zoo has sold the naming rights for a recently born giraffe for $50,000 to a bidder who asked to remain nameless, a zoo official said on Monday.
No American city has passed a ballot measure raising taxes on sugary drinks, and ahead of votes Tuesday in Berkeley and San Francisco, the U.S. soda industry has been working hard to keep it that way.
Verizon Communications and AT&T Inc expect to be able to transmit wireless voice calls between the two carriers over high-speed data networks by 2015, the companies said on Monday.
Intel Corp on Monday awarded $500,000 to a group of do-it-yourselfers who developed a wristband that converts to a camera-equipped drone to win a contest the chipmaker hopes will help guarantee it a leading position in the emerging market for wearable computing devices.
Fiat Chrysler Automobiles (FCHA.MI)(FCAU.N) U.S. October sales rose 22 percent on strong pickup truck demand, the company said on Monday.
A fully operational Apple computer that company co-founder Steve Jobs sold out of his parents' garage in 1976 for $600 will hit the auction block in December, where it is expected to fetch more than half a million dollars, Christie's said on Monday.
Young Americans with big college debts are often portrayed as struggling to pay their bills. The reality is somewhat different - those owing super-sized student loans tend to be higher paid.
U.S. stock index futures ticked lower on Monday, with investors taking a pause following a sharp rally on Friday that took the Dow and S&P 500 to record levels.
Alibaba Group Holding Ltd's (BABA.N) first full quarterly report card to Wall Street investors on Tuesday will be scrutinized by the hopeful seeking validation for lofty stock price targets and studied by the few skeptics searching for inauspicious signs.
