Chinese Firm Bids $4.7 Billion for Virginia's Smithfield Foods
Chinese meat processor Shuanghui International has agreed to buy Smithfield Foods for about $4.72 billion in a deal that will take the world's biggest pork producer private.
Chinese meat processor Shuanghui International has agreed to buy Smithfield Foods for about $4.72 billion in a deal that will take the world's biggest pork producer private.
President Obama discusses military spending and says Mitt Romney's budget math doesn't work.
Mitt Romney talks about America's influence on the rest of the world.
The CEOs of 18 big companies, including Google, Boeing and General Electric, met with President Barack Obama to discuss the U.S. economy Wednesday. Several business leaders said they left with a sense of improved collaboration. But what will the talks actually accomplish?
The richest countries in the world must have either a small population combined with a very wealthy ruling class, or a large middle class and a wealthy top tier. See who makes 24/7 Wall Street's list of the top 10 wealthiest nations in the world.
While stocks in the U.S. are likely to chug along well into next year, there may be better opportunities in international stocks. Sandy Mehta of Value Investment Principals picks three global growth companies now trading at deep discounts.
The Swiss franc has been a top currency over the past six months, outpacing the dollar by 8.9% and the euro by 7.8%, thanks to shaky conditions in Europe. But some signs suggest the Swiss currency is due for a correction.
Target plans to announce a $1 billion renovation program that will include a revamping its existing stores, experimenting with smaller store openings in urban areas and an expansion abroad over the next decade.
Retail investors who think they're missing out on the big money because they don't have a million bucks to get into a hedge fund should consider themselves lucky. Hedge funds had their best year in a decade in 2009 -- and yet they couldn't even beat the broader market.
















