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Facebook made its most significant acquisition to date, announcing it will buy the social sharing service FriendFeed in a move that that will fuel Facebook's drive to enmesh itself more widely throughout the web

Americans are continuing to make healthy progress when it comes to paying down their credit card debts, according to new figures from the Federal Reserve. In its monthly report, the Fed announced that the nation''s combined revolving debt, which includes credit cards, fell by a 6.8 percent...

DENVER, CO--(Marketwire - August 10, 2009) - Highbury Financial Inc. ('Highbury') (OTCBB: HBRF) (OTCBB: HBRFW) (OTCBB: HBRFU) -- Estimated EBITDA increase of 82% -- Estimated Cash Net Income increase of 78% -- Estimated Cash Net Income per share increase of 19% Highbury Financial Inc. ('Highbury') (OTCBB: HBRF) (OTCBB: HBRFW) (OTCBB: HBRFU), an investment management holding company, announced today it has acquired the Series B units of Aston Asset Management LLC ('Aston'), Highbury's operating subsidiary, from Aston's minority interest holders ('Sellers'). The Series B

Alcoa today announced that Alcoa World Alumina LLC has completed its previously announced transaction to acquire BHP Billiton?s bauxite and alumina refining interests in Suriname. Terms are not disclosed. Suriname Aluminum Company LLC, a subsidiary of

Company reports Increased Profitability and Earnings Per Share

CALGARY, ALBERTA--(Marketwire - Aug. 10, 2009) - Harvest Energy ('Harvest') (TSX:HTE.UN) (NYSE:HTE) today announces the release of its second quarter 2009 financial and operating results. The unaudited financial statements, notes and MD&A pertaining to the period ended June 30, 2009 are filed on SEDAR at www.sedar.com and are available on Harvest's website at www.harvestenergy.ca. All figures reported herein are Canadian dollars unless otherwise stated. Corporate Highlights: - Cash from Operating Activities was $75.9 million ($0.45 per Trust Unit) after $43.3 million in expenses associated with the turnaround. Harvest declared distributions of $25.2 million ($0.05 per Trust Unit/month), representing 33% of Cash from Operating Activities. The payout ratio improved compared to the 47% paid in the previous quarter as the reduction in cash flow was more than offset by the change in monthly distributions;

More than 660 employers that were members of the Phoenix Fund will split $6.5 million, state Insurance Commissioner Wayne Goodwin announced Monday.

Last Year when a bank rushed out a denial that it was planning a rights issue it generally announced a rights issue within a few weeks. So what should we make of Lloyds' silence over a possible capital raising a theory that has been gathering steam since its results last Wednesday?

The following item was contributed by Ronald Grover, BusinessWeek's Los Angeles bureau chief. Major League Baseball's super-aggressive online service, which has been streaming "out of market" games to baseball-loving computer owners since 2002, is making the leap as well to cell phones and TV. Just a few weeks after announcing that it had created an "app" that would stream games to users of Apple's iPhone and iPod touches, major league baseball has signed on with Roku, whose Roku digital video player delivers online content to television viewers. 'Delivering live and on-demand MLB games to the Roku player is huge for our customers who value great quality content and ease of use,' says Anthony Wood, Roku's founder and CEO. Roku already delivers movies and TV show on demand, courtesy of Netflix and Amazon Video on Demand, in what is fast becoming one of the largest convergence plays between online content and TV viewing. Under its deal with MLB.com, Roku users can pay $34.95 for the

News Analysis: The latest industry speculation claims that that Apple will soon announce a 'data-centric' deal with Verizon Wireless. Could that mean that Apple will release an iPhone for the Verizon CDMA network? It's not clear. But if so it would be a good move for Apple, for Verizon, for iPhone users and anyone who wants to be an iPhone user. It won't be good news for rival smartphone makers. - UBS analyst Maynard Um wrote recently that Apple might be announcing a partnership with Verizon Wireless in the coming weeks that could see a quot;data-centric quot; Apple product be made available to the carrier's subscribers. Um didn't say what that product would be. He didn't say if the iPhone...