Clear Channel Communications Inc. has settled a legal dispute with the lenders funding its private equity buyout, clearing the way for the radio and outdoor advertising company to finally seal the deal nearly two years after it was first announced.
Oil prices held steady Wednesday in Asia after falling back from a record near $127 a barrel in the previous session on concerns Iran may consider cutting oil production.
A notorious "Spam King" and his partner now owe MySpace about $230 million in damages after a federal judge awarded the popular online hangout what is believed to be the largest anti-spam judgment ever.
Shares of 29 companies based in China's Sichuan Province and Chongqing municipality remained suspended from trading Wednesday for an assessment of how Monday's earthquake affected operations.
The 2008 Smart fortwo micro car, the smallest car for sale in the U.S. market, has earned top scores in crash tests conducted by the insurance industry.
For the first time, it appears that more than half of all insured Americans are taking prescription medicines regularly for chronic health problems, a study shows.
Mississippi Democrat Travis Childers won a special election to Congress on Tuesday, helping his party to a third victory in recent months for seats long in Republican hands.