The Microsoft-Nokia deal is smart for Nokia, and it's smart for Microsoft, too. But just because a Hail Mary pass increases your terrible odds doesn't mean it makes them good.
Mergers and acquisitions are on deck, with Microsoft buying Nokia's phone business, Verizon buying Vodaphone's share of Verizon Wireless, and Jarden snapping up Yankee Candle.
Microsoft is buying Nokia's line-up of smartphones and a portfolio of patents and services in an attempt to mount a more formidable challenge to Apple and Google.
GE is reportedly preparing to spin off its huge credit card business, as it seeks to reduce the size of its financial business to put more emphasis on its industrial products.
For years, Verizon has made no secret of its ambitions to own all of Verizon Wireless and it appears a deal is finally on the way.
Why is Microsoft buying Forusquare? It may have everything to do with its search engine, Bing.
Verizon renews talks to buy Vodaphone's share of their wireless joint venture, Verizon Wireless, at a reported cost of more than $100 billion.
Shares of U.K. telecom firm Vodafone surge after it confirmed discussions with Verizon over its 45 percent stake in their U.S. joint venture Verizon Wireless.
Though news of handful of corporate deals pushed stocks higher early Monday, the markets closed slightly lower after to Secretary of State Kerry boosted the pressure on Syria.
AstraZeneca takes another step to bolster its pipeline of new cancer drugs by agreeing to acquire biotech company Amplimmune for up to $500 million.
Amgen is close to buying Onyx Pharmaceuticals $125 a share, or more than $10 billion, in a deal that is expected to be announced as soon as Monday, sources say.
A court deals a blow to activist investor Carl Icahn's effort to stop CEO and founder Michael Dell's $24.8 billion buyout offer for the struggling computer maker.
The proposed $11 billion US Airways merger with American Airlines was hit with a major roadblock Tuesday when the U.S. filed a lawsuit to block the deal on antitrust grounds.
A Delaware court is to decide whether to expedite a lawsuit filed by Carl Icahn against Michael Dell's proposal to take Dell private for almost $25 billion.
Months of public bickering and 11th-hour deals for control of Dell belie the fact that the combatants are vying for a company facing steadily declining sales prospects.
From an airline overpaying its departing CEO to a new way to eat a waffle in the morning, here's a rundown of this week's best and worst results from the business world.
For the second day in a row, a major U.S. newspaper has been sold. This time, it's the Washington Post, which has been bought by Amazon.com CEO Jeff Bezos for $250 million.
In a shocking move, the tech CEO bought one of the country's biggest newspapers for $250 million.
Newsweek is being sold to IBT Media, a digital-only media firm, the companies announced this weekend.
A special committee of Dell's board has agreed to an increased offer from founder Michael Dell that would add a special dividend for shareholders.
A court ruling risks delaying Fiat's plan to buy up all of Chrysler unless it can reach an out-of-court settlement with a minority shareholder.