NEW YORK (Reuters) - U.S. stocks ended slightly lower on Thursday after European Central Bank President Mario Draghi brushed off pressure for more immediate monetary policy action but said the issue would be addressed early next year.
(Reuters) - Barnes & Noble Inc struck a deal to buy Microsoft Corp's stake in Nook Media LLC, ending a two-year partnership and clearing the way for the bookseller to spin off its loss-making e-reader and digital content division.
NEW YORK (Reuters) - When Bill Gross bolted Pimco in late September after months of mediocre performance in his Total Return Fund, clients including Wells Fargo & Co. and Charles Schwab Corp pulled over $61 billion from the Newport Beach, California-based money manager. Where the money landed may be no better than where it left.
WASHINGTON (Reuters) - A top U.S. regulator praised the structure of a regulatory waiver granted last month to Bank of America Corp, saying the tougher conditions imposed on the bank may help deter repeat offenses.
FRANKFURT/BERLIN (Reuters) - The European Central Bank will decide early next year whether to take further action to revive the euro zone's economy, its president said on Thursday, signalling that he would not allow opposition from Germany or anyone else to stop it.
NEW YORK (Reuters) - Blackstone Group LP's No. 2 executive Tony James is considering taking a role outside the world's largest alternative asset manager, including seeking a top job in a future U.S. government, according to people familiar with his thinking.
SEATTLE (Reuters) - Starbucks Corp, aiming to give cooling U.S. traffic a jolt, on Thursday announced it will add beer, wine, and evening snacks to thousands of domestic cafes, widen lunch offerings and roll out mobile ordering.