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News Corp. Investors Berate Murdoch at Meeting

News Corp. Chief Executive Rupert Murdoch showed defiance in the face of angry shareholders at its annual meeting on Friday as they slammed the media company for poor corporate governance and said he should give up the chairman role.

U.S. Approves New BP Exploration Plan in Gulf of Mexico

Unused oil rigs sit in the Gulf of Mexico near Port Fourchon, Louisiana August 11, 2010.
U.S. regulators on Friday approved BP's new exploration plan, moving the company closer to drilling new wells in the lucrative deep waters of the Gulf of Mexico a year and a half after the biggest offshore oil disaster in U.S. history.
Marcellus shale exposure above Marcellus, N.Y.

New York Gas Drillers Face Road Blocks Despite End of Drilling Ban

The end of a drilling ban in New York was meant to be a new dawn for energy companies. After years of waiting, they would finally be able to exploit the richest deposit of natural gas in the country. But as companies delve into new regulations for drilling in New York, they're discovering a bitter reality: half the land they had leased for drilling may now be out of bounds.
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Barbie Dolls

Is the Outcry against Barbie Doll's Tattoos a Big Deal?

Barbie, the figurehead of the brand Mattel Dolls and Accessories, has been an important part of the toy fashion doll market for fifty years, and has been the subject of numerous controversies and lawsuits, often involving parody of the doll and her lifestyle.
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Liquidnet Sued by Wedbush over Trade Secrets

Liquidnet Inc, a U.S. venue where institutions anonymously trade public stocks, was sued by Wedbush Securities Inc for allegedly stealing trade secrets to start a rival business trading shares of private companies.
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SanDisk's quarterly outlook a relative bright spot

Flash memory supplier SanDisk (SNDK.O) forecast quarterly revenue near analysts' expectations thanks to growth in tablets and smartphones, but other chipmakers warned that a lackluster economy is hurting demand.
Occupy Wall Street protesters meditate while a sign bearing their twitter handle hangs from a railing in Zuccotti Park in New York

Is Occupy Wall Street Protesting in the Wrong ZIP Code?

Occupy Wall Street has camped out at Zucotti Park in Lower Manhattan for weeks, but it probably isn't reaching as many bankers as it could. Which could have something to do with the fact that finance is no longer the area's biggest tenant.
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Cypress Profit Tops Street, Sees Sales Decline in Q4

Cypress Semiconductor Corp reported a quarterly profit that beat analysts' estimates on strong demand for its mobile handset touchscreens, but warned of a higher-than-expected revenue decline in the fourth quarter.
Roland Emmerich

Sony scuttles wide release plan for Anonymous

Nine days before it was scheduled to release Anonymous to thousands of movie theaters across the country, Sony will begin the movie's run in only 250 theaters, TheWrap has confirmed.
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New York Times Company Reports $15.7M Profit

The New York Times Company on Thursday announced a third-quarter profit of $15.7 million, buoyed by 324,000 paid subscriptions to its Web site. The online gains offset an 8.8 percent drop in ad revenue.
The Yahoo! offices are pictured in Santa Monica

Nondisclosure Demand Irks Bidders for Yahoo

Some potential buyers of Yahoo Inc are balking at the Internet company's demands for confidentiality that would prevent them from discussing joint bids, according to several people close to the situation.
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Harrisburg Goes Local in Tapping Bankruptcy Lawyer

You might think the capital city of a U.S. state would tap a high-powered, national law firm to handle its bankruptcy case. But when Harrisburg, Pennsylvania filed for bankruptcy last week, it hired a one-lawyer, local shop with no bankruptcy experience.

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