BNY Mellon Corp is sticking with employee stock options, even as many major U.S. banks cut them, and despite its previous awards losing more than $850 million in value since 2008.
A U.S. trade panel which hears patent infringement cases said on Friday that it would undertake a wide-ranging review of its preliminary decision over whether Motorola Mobility violated Microsoft patents.
General Motors has halted production of its Chevrolet Volt electric car in the face of missed sales goals in 2011 and the early months of 2012, sources report. Production will be halted from March 19 to April 23, and 1,300 employees at its Detroit-Hamtramck factory will be temporarily laid off.
Detroit rocker Ted Nugent endorsed Republican presidential candidate Mitt Romney on his Twitter account Friday.
The week ahead will largely be defined by two major events. First, on Friday, the February U.S. nonfarm payrolls report will be released, providing important data about the economic recovery. Second, also on Friday, euro-zone finance ministers will hold a conference call to decide whether Greece can get its second, €130 billion ($175 billion) bailout.
Citigroup Chairman Richard Parsons will resign from his post and the banking giant's board, the Wall Street Journal reported Friday. Parson, who joined the board in 1996, has reportedly told fellow directors he won't stand for re-election at Cit's annual meeting in April.
Rising liquidity on both sides of the Atlantic boosted global bond prices Friday but equities took a breather after climbing in recent months, in one case to a four-year high, on light volume.
President Barack Obama waded again into the controversy over a mandate that health insurance plans cover contraception by calling and thanking Sandra Fluke, a Georgetown law student whom conservative talk show host Rush Limbaugh labeled a slut for backing the policy.
President George W. Bush's re-election campaign manager and openly gay former Republican Committee chairman Ken Mehlman expressed regret with his role in the 2004 campaign's anti-gay marriage agenda. Mehlman, who left the Republican National Committee to work for a private equity firm shortly after coming out in 2010, apologized in an interview for pushing against gay marriage in 2004.
The former KGB-man spoke of how he was favored by a majority of Russians, with recent polls putting his popularity at around 60 percent.
A top British lawyer will visit the U.S. next month to explore the possibility of suing News Corp., the American arm of Rupert Murdoch's global media empire, on behalf of three people who believe a Murdoch detective may have hacked their voice mail while they were in the United States, according to reports.
U.S. President Barack Obama on Friday called up Sandra Fluke, the Georgetown University law student who Rush Limbaugh called a slut and prostitute, to thank her for speaking out on the issue of access to contraception.
Calling it a sickness to this world, members of the formless 'hacktivist' group of computer programmers known as Anonymous informally declared war on religion on Friday, March 2, hacking the websites of three Christian organizations all based in and around Charlotte, North Carolina. The homepages for Bethel Outreach International Church, Charlotte International Church, and Crossfire Ministries were all replaced with the 30-minute long YouTube video, Richard Dawkins: An Atheist....
X Factor auditions have begun. This article will teach you how to try out online and in person to be on season 2 of the hottest music competition show on TV.
Nicole “Snooki” Polizzi may be still denying pregnancy rumors, but all signs seem to be pointing towards a baby guido. TMZ is reporting that 495 productions, the company behind “Jersey Shore,” asked a baby store for permission to film a couple weeks ago.
U.S. President Barack Obama's uncle, Onyango Obama, was supposed to head into a Massachusetts courtroom on Thursday for allegedly driving drunk. However, the court hearing was delayed. Why?
Ocean acidification is worst it has been in 300 million years and could cause the extinction of coral reefs and other species, according to a new study.
NASA said hackers broke into its computer systems 13 times last year, stealing employee credentials and gaining access to mission-critical projects in breaches that could compromise U.S. national security.
A renewed drop in housing prices could thwart the U.S. economic recovery in the short term while Washington's lack of a credible, comprehensive fiscal plan poses a major medium-term risk, a top IMF official said.
Samsung may debut the Galaxy S3 smartphone in April according to reports from the Korean manufacturer's marketing team Cheil Worldwide. Samsung didn't debut the Galay S2 at the Mobile World Congress because it said there would be a stand alone release set before summer. The Galaxy S2 smartphone did appear at the 2011 MWC, but its runaway success has afforded Samsung to take the Apple approach and hold its own press event for the unveiling.
Florida's legislature advanced a bill on Thursday that would bar domestic courtrooms from considering foreign law, a move many have interpreted as the latest contribution to a burgeoning national movement to ban Sharia law.
AT&T has ended its unlimited data plans, but U.S. mobile phone users on Sprint now must be asking if their carrier will hold out much longer. Sprint offers unlimited data plans to new and existing customers, and AT&T customers who use more than three gigabytes of data may now be asking if it's worth it to switch. That's because AT&T has put a speed cap on heavy data users, claiming its network is too crowded.
