NEW YORK (CNNMoney.com) - The Senate on Thursday passed a GOP-supported final tax reconciliation bill that extends the reduced tax rates on capital gains and dividends, and prevents millions of households from falling prey to the alternative minimum tax (AMT) in 2006.The bill also Read more…

MEXICO CITY (Reuters) - Mexican broadcaster Televisa has joined an investment firm owned by Bill Gates and four other private equity companies to explore a bid for U.S. Spanish language broadcaster Univision.Univision ( Read more…

NEW YORK (Reuters) - Former Tyco International Inc. chief executive Dennis Kozlowski will pay $21.2 million to settle a New York state tax case, Manhattan District Attorney Robert Morganthau said Friday.Kozlowski will pay $3.2 million in taxes, fines and penalties, in connection with Read more…

NEW YORK (CNNMoney.com) - GlaxoSmithKline added the increased risk of suicide for young adults to its Paxil label this week, but the antidepressant is past its prime in terms of sales so it's unlikely to hurt the drugmaker."If this had happened 7 or 8 years it would have sent the stock Read more…

NEW YORK (Reuters) - Allstate Floridian, a unit of Allstate Corp. said Friday it would allow newly-formed Royal Palm Insurance Co. to offer property insurance coverage to 120,000 of its customers in Florida .Royal Palm will provide property coverage through more than 900 Allstate agencies Read more…

NEW YORK (Reuters) - U.S. consumer sentiment plunged to a seven-month low in May, with a cut in current conditions and consumer expectations as high energy prices took its toll on consumers' moods, a report showed Friday.The University of Michigan's preliminary May index of consumer Read more…

NEW YORK (Reuters) - Oil fell more than a dollar Friday after two widely watched reports signaled that soaring energy costs were buckling consumer confidence and curbing global fuel consumption.Crude for June delivery last traded down $1.27 at $72.05 per barrel on the New York Mercantile Read more…