Forbes Media is poised to be acquired by Fosun International, the Chinese conglomerate ending nearly a century of family ownership.
When money management magazine and website Forbes Media LLC is sold, likely to Fosun International Ltd., the Chinese conglomerate that has taken the front-runner position in the company's auction, sources said, it will be for a much lower price than private equity minority stakeholder Elevation Partners LP was hoping to receive.
After TheStreet revealed that more than 1,000 escorts, some of them working as prostitutes, that advertise services via Twitter, lawmakers are preparing to summon the social network's executives to Capitol Hill.
The company that wants to be everything to every user in search and mapping technologies, Google,now wants to be right in its users' homes.
An exit that values AutoTrader at about $7 billion means a 3 times return for the private equity firm.
The U.K.'s AstraZeneca and Germany's Bayer spend up to a combined $7.2 billion shoring up their portfolios. Laura Board reports from London.
Darden Restaurants reports quarterly results before the bell Thursday. Nike and Carnival Cruise Lines are also set to report. TheStreet's Jim Cramer makes a taper play.
AMC Entertainment will begin trading Wednesday, General Mills and FedEx report earnings and Jim Cramer tries on Nike. Plus, we wait out the Fed taper call. Jonathan Marino reports from the Nasdaq Market Site.