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Financial Headlines From The Associated Press

  • Detained Portugal ex-premier awaits fraud ruling
    LISBON, Portugal (AP) -- Former Portuguese Prime Minister Jose Socrates remains in police detention while an investigating magistrate decides whether he should answer charges of corruption, money-laundering and tax fraud....
  • Obama immigration plan good, not great for economy
    WASHINGTON (AP) -- President Barack Obama's expansive executive action on immigration is good for the U.S. economy - just not as good as partnering with Congress on broader reforms....
  • CEOs in 10 big mergers to get $430M: Equilar study
    NEW YORK (AP) -- This year's flurry of corporate mergers may not pay off for shareholders in the long run, but one thing is for sure: The bosses who are selling their companies will do just fine....
  • UK firms Aviva, Friends Life in $8.8B merger talks
    LONDON (AP) -- Britain's Aviva says it is in talks to buy another insurer, Friends Life for over 5.6 billion pounds ($8.8 billion) in a deal that would create the country's leading insurance, savings and asset management company by number of customers....
  • Biden announces new aid for Syrian refugees
    ISTANBUL (AP) -- Vice President Joe Biden and Turkish President Recep Tayyip Erdogan emerged from a nearly four-hour meeting Saturday, offering no indication that the U.S. and Turkey had bridged their differences about how to deal with Islamic State fighters or Syrian President Bashar Assad....

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