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• Burger King to be acquired for $4B by 3G Capital

  Fast-food restaurant Burger King announced Thursday it will be bought out by private equity firm 3G Capital at $24 a share, or about $4 billion total,...   10:23 AM

• Hewlett-Packard raises bid for 3PAR to $33 a share

  Hewlett-Packard raised its bid Thursday for 3PAR to $33 a share, as Dell also offered a higher price and negotiated a higher breakup fee in the...   10:23 AM

• Jobless claims fall by 6K to 472K

  The number of U.S. workers filing new claims for jobless benefits edged down last week, but the high level of applications still suggests the job...   8:39 AM

• Deal or no deal? Disney, TWC still on hold

  Negotiations between Time Warner Cable and Walt Disney Co. were going down to the wire last night, as the two companies worked to hammer out the...   12:43 AM
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  Fuld: Uncle Sam saved everyone but Lehman

  Don't hold your breath for any mea culpas from Dick Fuld. With nearly two years to digest the ignominious collapse of the 158-year-old investment bank he oversaw, the ex-Lehman Brothers CEO has arrived at this conclusion: Uncle Sam left Lehman...   3:40 AM

• Drug deal dopes

  Turns out, you don't have to be too smart to get an MBA from the prestigious Wharton business school. Just ask two pals who were busted yesterday...   12:53 AM

• Blowout market rally

  It may be the end of summer, but investors were nearly blinded yesterday by their first ray of economic sunlight in weeks. Stocks took a sudden and...   3:40 AM

• Trib creditors zero in on Zell

  Tribune Chairman Sam Zell's bid for immunity from legal claims arising from the disastrous buyout of the company could be slipping away. The judge...   3:40 AM

• Oakley'$ record

  Oakley, the sunglass and sports accessories shop, has seized a small slice of Times Square at a record-setting price. The cutting-edge retailer...   3:40 AM

• Century 21 is heading uptown

  Century 21, the 50-year-old department store that has become a magnet for tourists visiting Ground Zero, will open its first uptown outlet in the...   3:40 AM

• Miserable auto sales in August

  Toyota, General Motors and Ford, the three largest sellers of autos in the US, reported bigger sales declines than analysts projected as the industry...   12:44 AM
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  Romer: US may need Stimulus II

  Departing White House economist Christina Romer said the US must find the political will for more action, beating back the bugbear of high deficits in favor of a second stimulus bill that would boost the economy and create jobs. "We have tools...   3:40 AM

• Harrisburg fiscal woes

  Bankruptcy "has become a real option" for Pennsylvania's capital of Harrisburg, said City Council Vice President Patty Kim, a day before pols discuss...   3:40 AM

• Schumer: Don't go corp.

  Sen. Chuck Schumer (D-NY) asked Federal Reserve Chairman Ben Bernanke yesterday to consider requiring credit-card companies to obtain tax...   3:40 AM

• Borders' net loss widens

  Borders Group, the second-largest US bookstore chain, posted a loss for the fifth time in six quarters as revenue at established stores kept dropping...   3:40 AM

• Business briefs

  A&P sale Great Atlantic & Pa cific Tea Co., owner of the troubled A&P gro cery chain, is mulling a sale of its Food Empo rium unit. BP ad bucks...   3:40 AM
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  Expect hot luxury brands to stay on the block

  Some big-name luxury brands may be on the block, but prospective acquirers are mostly window-shopping. Saks' stock surged yesterday after a British newspaper said two private-equity firms -- one of them based in the US and one in the UK -- were...  
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  Blankfein hits bottom, Gaga joins Establishment

  The most powerful man on Wall Street just got dissed. Goldman Sachs boss Lloyd Blankfein toppled from No. 1 to last place in Vanity Fair's 16th annual "New Establishment" list, its much-anticipated ranking of the most influential people of the...