Business news and business widget

NEW YORK (Reuters) - Warren Buffett, the billionaire co-founder of a top private equity firm and a prominent voice for U.S. fiscal responsibility, called on the United States and its elected officials to combat the nation's fast-growing, multi-trillion dollar debt load.

(Reuters) - Verizon Communications Inc. is nearing an agreement with Google Inc. on a wide-ranging partnership, the Wall Street Journal said, citing people familiar with the situation.

This election has me tortured. I belong to a business group that con...

SEOUL (Reuters) - South Korean banks, led by state-owned Korea Development Bank, were in talks to buy a stake and management rights in Lehman Brothers but failed to reach a deal on concerns about the U.S. bank's financial health, a newspaper said on Friday.

It intends to make at least 40 million iPhones in the next year; selling so many will hinge on global success and fixing connection glitches

Its threat to pull out of the renewed Air Force tanker competition with Northrop/EADS could rile up Congress—possibly just what Boeing wants

Bank memo confirms discussions with N.Y. Attorney-General; Merrill Lynch, Goldman, Deutsche Bank latest to reach buyback deals

Bank of Canada Governor tells federal panel looking at securities regulation that huge growth in market demands attention

Barry Diller's IAC/InterActiveCorp completed its split into five publicly traded companies Thursday - a move intended to give each business more focus and value than the previously cluttered whole. With the split, home shopping network HSN Inc., time-share...

Merrill Lynch & Co., Goldman Sachs Group Inc. and Deutsche Bank on Thursday joined other major financial companies in settling with regulators over their roles in selling risky auction-rate securities to retail investors. The agreements bring to eight the...