Avox Limited, the business entity data specialist 75% owned by the Deutsche Borse, and Xinhua Finance , China's premier financial information and media services provider, today announced the signing of an agreement creating an exclusive strategic allianc

The outlook for the economy darkened further on Friday as a survey showed its services sector contracted at the fastest rate for at least 12 years and bellwether retailer John Lewis reported a plunge in sales.

With families looking to cut costs in a weak economy, sales at thrift stores are booming. Nonprofit organizations that rely on donations for merchandise call the surge in business a mixed blessing because donations have fallen. "When donations are down,

Shares of credit-card giant American Express shed as much as 12%, in reaction to second-quarter results underscoring the fragile state of the U.S. economy.

The Blackstone Group (NYSE: BX) today announced that Thomas D. Stoddard has joined the firm's Corporate Advisory business as a Senior Managing Director. Mr. Stoddard was previously a founding partner of Barrett Ellman Stoddard Capital Partners, a private