Electronic trading company Virtu Financial LLC hopes to go public in the spring, about a year after it originally planned its market debut, two sources familiar with the matter said on Thursday.
United States
Smithsonian unveils $2 billion plan to revamp part of National Mall
The Smithsonian Institution, the world's biggest museum complex, unveiled a $2 billion plan on Thursday to revamp the south side of the National Mall, a favorite draw for Washington's millions of tourists.
Two Warhols fetch $153 million to lead Christie's record-setting art auction
Christie's held the biggest art auction in history on Wednesday, selling $853 million worth of contemporary and post-war art, led by a pair of Andy Warhol works featuring multiple images of Elvis Presley and Marlon Brando.
NBA commissioner takes issue with union chief over salary cap
NBA Commissioner Adam Silver said on Thursday he "couldn't disagree more" with remarks made by the head of the players union that the league's salary cap is unjust and un-American.
Geron sells last drug in pipeline to J&J unit
Geron Corp licensed its cancer compound, the last in its pipeline, to a unit of Johnson & Johnson for up to $935 million, sending its shares up as much as 33 percent in extended trading.
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The dollar stood tall against the yen in early Asian trade on Friday, not far from this week's seven-year high as investors continued to monitor whether Japan's leader would call an election and delay a sales tax hike.
U.S. stock prices held firm on Thursday after the Dow and Standard & Poor's 500 reached record intraday highs, while crude fell below $80 a barrel for the first time in four years on further signs of a slowdown in China's economy.
Sony Network Entertainment International LLC, a unit of Sony Corp of America, unveiled a new cloud-based TV service, PlayStation Vue, expected to be commercially launched during the first quarter of 2015.
U.S. stocks inched higher shortly after the open on Thursday, as the Dow and S&P touched new record intraday highs following earnings from Wal-Mart and data on the labor market.
The number of Americans filing new claims for unemployment benefits rose more than expected last week, yet it remained near a 14-year low in a reminder that the labor market appears to be moving toward full health.
J.C. Penney Co Inc reported a smaller-than-expected quarterly loss on Wednesday but said same-store sales were flat and slightly cut its full year revenue forecast, sending shares of the department store chain lower in extended trade.
U.S. equity prices edged off record highs on Wednesday led by weakness in the financial sector after six global banks were fined a total of $4.3 billion for currency rigging, while the oil market sagged on concerns about a supply glut.
Comcast Corp's (CMCSA.O) merger with Time Warner Cable Inc (TWC.N) is going "full steam ahead" despite uncertainty around new rules governing net neutrality, Comcast Chief Executive Officer Brian Roberts told reporters on Wednesday.
President Barack Obama plans to nominate Antonio Weiss, a top official at investment bank Lazard (LAZ.N), to be under secretary of the Treasury for domestic finance, the White House said on Wednesday.
