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azcentral.com Business contains business, stock market and financial information about the Phoenix metro area, Arizona and the rest of the world.
A Chinese conglomerate announced Monday that it would buy a major U.S. cinema chain, AMC Entertainment Holdings, for $2.6 billion in China's biggest corporate takeover in the United States to date.

feed text Poll: Free pizza if you order in Spanish
Wed, 23 May 2012 12:09:12 MST
text Poor health tied to a long commute
Wed, 23 May 2012 10:54:09 MST
New evidence shows that a long commute by car not only takes hours out of your day, but could take years off your life.
Fallout from Facebook's initial public offering intensifies, and more questions arise about whether the social-networking giant's IPO was handled properly.
text Strike begins at Canadian Pacific railway
Wed, 23 May 2012 07:38:09 MST
It has suspended freight service across the country.
text New home sales rose 3.3% in April
Wed, 23 May 2012 07:13:18 MST
A pickup in hiring and cheaper mortgages, combined with lower home prices in most markets, has made home buying more attractive.
The Dow Jones industrial average is down 82 points to 12,420.
text Dow follows Europe and Asia lower
Wed, 23 May 2012 06:32:21 MST
Dow Jones industrial average futures slid 71 points to 12,406.
text Morgan Stanley probed in Facebook IPO
Wed, 23 May 2012 06:22:05 MST
The bank said late Tuesday that it "followed the same procedures for the Facebook offering that it follows for all IPOs," referring to initial public offerings of stock. It said that its procedures complied with regulations.
Republican Gov. Jan Brewer announced Tuesday that she would lead a European trade delegation and would fly out of the United States on Tuesday and be out of the country for two weeks.
A US Airways jet traveling from Paris to North Carolina was diverted to Maine on Tuesday after a French passenger handed a note to a flight attendant mentioning that she had a surgically implanted device, raising fears of a terror scenario that security officials had warned about.
text Europe's leaders to tackle growth at summit
Tue, 22 May 2012 18:40:39 MST
The leaders of the 27 countries that make up the European Union are to meet in Brussels, Belgium, today to try to find a way to keep the debt crisis in Europe from spiraling out of control and promote jobs and growth.
text Why Facebook still doesn't look cheap
Tue, 22 May 2012 17:02:12 MST
If you were thinking of picking up a few shares of Facebook last week, when it went public at a price of $38, you might be seriously tempted now that the stock has fallen $7 in two days.
Opening a new, entrepreneurial era in spaceflight, a ship built by a billionaire businessman sped toward the International Space Station with a load of groceries and other supplies Tuesday after a spectacular middle-of-the-night blastoff.
text Tesco CEO refuses bonus due to poor results
Tue, 22 May 2012 11:35:06 MST
The chief executive of Tesco PLC, the U.K.'s largest supermarket chain, says he will refuse his annual bonus because of the company's disappointing performance in its home market.
Just how nervous are investors about Greece? All it took to derail a day of stock-market gains was a headline saying that the country was preparing to leave the euro, an outcome many analysts expect to happen eventually.
text Eurozone warned 'severe recession' looming
Tue, 22 May 2012 11:23:06 MST
PARIS - The 17-country eurozone risks falling into a "severe recession," the Organization for Economic Cooperation and Development warned on Tuesday, as it called on governments and Europe's central bank to act quickly to keep the slowdown from dragging down the global economy.
text Housing report lifts stocks
Tue, 22 May 2012 07:49:21 MST
The Dow Jones industrial average rose 52 points to 12,556 an hour after the opening bell.
text Benihana sold in $296 million deal
Tue, 22 May 2012 07:37:47 MST
Angelo, Gordon & Co.'s Private Equity Group to take restaurant chain private.
text Sales of pre-owned homes up 3.4%
Tue, 22 May 2012 07:14:15 MST
The median price for homes sold in April rose to $177,400.
text Dow mixed on Japan credit downgrade
Tue, 22 May 2012 06:29:34 MST
Dow Jones industrial average futures fell 3 points at 12,487.
text Best Buy profit falls 26 percent
Tue, 22 May 2012 06:20:25 MST
Its adjusted earnings and revenue both topped Wall Street's expectations.
text Jawa settles suits over billing practices
Mon, 21 May 2012 17:38:36 MST
Verizon, Texas claimed firm used deceptive tactics.
text The making of the term 'pink slime'
Mon, 21 May 2012 14:27:50 MST
text Google given 'weeks' to ease antitrust fears
Mon, 21 May 2012 17:15:10 MST
The European Union said on Monday that Google Inc. must in "a matter of weeks" outline steps it is willing to take to ease concerns about alleged abuses of its dominant position in the online search market.
text Judge: POM pomegranate juice ads deceptive
Mon, 21 May 2012 14:53:58 MST
A federal administrative judge has ruled that POM Wonderful used deceptive advertising with its claims that its pomegranate juice could treat or prevent heart disease, prostate cancer and other illnesses.
text Where are Facebook friends?
Mon, 21 May 2012 08:44:22 MST
Facebook's stock is tumbling well below its $38 IPO price in the social network's second day of trading as a public company on Monday. Shares are down 11% in late morning trading.
text Stocks open higher on Wall Street
Mon, 21 May 2012 07:56:23 MST
First gain after six straight days of losses.
text JPMorgan suspends repurchase plans
Mon, 21 May 2012 07:32:51 MST
Dimon said Monday the bank will continue to pay a dividend despite the $2 billion trading loss disclosed on May 10.
text Markets inch up modestly
Mon, 21 May 2012 07:22:49 MST
G-8 vague on Europe fix.
text Campbell's profit slips by 5%
Mon, 21 May 2012 06:35:35 MST
It struggled to balance higher costs for ingredients and sluggish soups sales.
text US futures head higher
Mon, 21 May 2012 06:20:25 MST
Economists are a bit more optimistic about housing and employment.
text Classes map way to starting own business
Sat, 19 May 2012 18:57:03 MST
Many of us have dreamed of launching our own businesses. And metro Phoenix residents hoping to start their own businesses will find there are various resources to help them gain the knowledge they'll need to launch their ventures.