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Equity group swallows ball of wax

Following last week's private-equity buyout headlines, London-based Blackstone Group announced the acquisition of the Tussauds Group, the company behind the Madame Tussauds wax-museum franchise. The move positions Blackstone as the world's second-largest amusement-park company, behind the Mouse.

- JS

Crude, stocks rebound from rollercoaster week

Oil has settled at $61 per barrel, bolstered by speculation about dwindling inventories in the US and a Shell oil spill in Nigeria. The recovery of financial markets from last week's nosedive helped along the initial price spike.

- JS