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Latest MF Global payback plan goes before judge

The trustee liquidating MF Global's brokerage will ask a bankruptcy court on Thursday to release $685 million to former MF Global customers, a plan already introduced in court filings that has been criticized as neglecting affiliates of the failed firm.

Apple works on Mac malware fix but takes heat

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The cybersecurity community raked Apple Inc over the coals on Wednesday, saying the company had dragged its heels on eradicating malware that experts say may have infected up to 600,000 Macintosh computers and can be used to ferret out sensitive user information.
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U.S. judge backs Microsoft in Motorola patent dispute

Microsoft Corp said on Wednesday it won a ruling in a Seattle court effectively preventing phone company Motorola Mobility from immediately obtaining an injunction in Germany that could stop Microsoft from selling its Xbox and other software products there, due to a patent disagreement.
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Kony 2012 group tipped off Uganda to wanted ex-rebel: Wikileaks

The group behind the viral Kony 2012 video that drew world attention to Ugandan warlord Joseph Kony tipped off Ugandan forces in 2009 to the whereabouts of a former child soldier wanted by the Kampala government, according to a classified U.S. cable published by Wikileaks.
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Nokia flagship smartphone's materials cost $209: IHS

Materials of Nokia's new flagship model smartphone, the Lumia 900, cost $209, some 46 percent of its retail price, with the Finnish firm saving on processor and memory cost, teardown analysis of research firm IHS iSuppli showed on Wednesday.
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Stocks Recoup Losses: Daily Markets Wrap

Stocks popped Wednesday on both sides of the Atlantic, one day after their worst loss of the year, on easing euro zone worries and hopes for a better-than-expected earnings season.
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Verizon Wireless to charge $30 fee for upgrades

Verizon Wireless will start charging customers a $30 fee for cellphone upgrades, on top of the price they pay for the new device, as the company looks to supplement its income to cover costs.
Buffett Rule

The Buffett Rule: Where It Stands, How It Works, And Why It May Not Be Enough

The Buffett Rule is a plan that would raise taxes on America's most wealthy, requiring those making $1 million or more per year to pay a minimum federal tax rate of 30 percent on all income. The idea is sparking heated debates, and that merits a closer look at how U.S. taxes are structured now, what sorts of changes Obama is pushing, and why exactly he's pushing them.
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March budget gap widened, reflects payment shifts

The monthly U.S. budget deficit widened to $198.16 billion in March from $188.15 billion in the same month a year earlier, partly because some benefit payments normally made in April were shifted to March, the Treasury Department said on Wednesday.
George Zimmerman

George Zimmerman To Be Charged: How Will The Nation React?

George Zimmerman is set to be charged Wednesday with the shooting death of Trayvon Martin on Feb. 26. The case has renewed a national debate over racial issues, so the world will be watching to see how the nation reacts to the long-awaited announcement of charges against the admitted killer.
US Federal Reserve

Rising Gas Prices Threaten Modest Economic Expansion: Fed

The U.S. economy expanded at a modest to moderate pace from mid-February through late March, but local industries remain concerned about high gas prices in coming months, the U.S. Federal Reserve said Wednesday in its new Beige Book.
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Wall Street rebounds after sell-off, Alcoa soars

U.S. stocks rose on Wednesday after an encouraging start to earnings season helped equities rebound from five days of losses that pushed the S&P 500 and the Nasdaq below key technical levels.
AIG

AIG Returns To U.S. Real Estate Investment

American International Group Inc., the beleagued insurance company that was brought to its knees by the subprime mortgage collapse, is re-entering U.S. real estate investment later this year.

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