Goldman Sachs Group Inc agreed to pay up to $60 million to settle a Massachusetts probe into whether its subprime mortgage securitization business had encouraged unfair loans, state officials said on Monday.
Microsoft Corp on Monday launched a $3.75 billion debt issue, its first foray into the U.S. corporate bond market as it joined a spate of companies taking advantage of good borrowing conditions.
The Justice Department's top antitrust official announced on Monday a return to a more aggressive approach to dealing with dominant companies that use their position to crush competition.
Iran has released an American journalist jailed for four months on Monday after an appeals court suspended her sentence on charges of spying for the United States.
Software giant Microsoft will lay off about 55 employees in India, which is one per cent of its Indian staff, the chairman of Microsoft India said on Monday.
The Justice Department's top antitrust official announced on Monday a return to a more aggressive approach to dealing with dominant companies that use their position to squelch competition.
U.S. President Barack Obama will pay his first visit to Russia as president on July 6-8, the Kremlin said on Monday.
General Motors Corp is open to considering moving its headquarters from Detroit, selling U.S. plants and renegotiating its restructuring plan with its major union as it heads toward probable bankruptcy, the automaker's chief executive said on Monday.
If may affect as many as half of U.S. teenagers, can be as bad or worse than being beaten up in the schoolyard, and is so relentless and emotionally devastating that suicide can sometimes be the result.
U.S. solar firm Energy Conversion Devices, Inc. is planning to develop rooftop solar projects totaling 10 megawatts of power capacity, the firm announced on Monday.
The Justice Department's top antitrust official announced on Monday a return to a more aggressive approach to dealing with dominant companies that use their position to squelch competition.
General Motors Corp is open to considering moving its headquarters from Detroit, selling off U.S. plants and even renegotiating parts of its restructuring plan with its major union, the new chief executive said on Monday.
The Organization for Economic Co-operation and Development (OECD) said Monday the unemployment rate for the OECD area rose to 7.6% in March, 0.3 percentage point higher than the previous month and 2.0 percentage points higher than a year earlier.
U.S. stocks fell on Monday as investors booked profits after a strong run and several major banks announced large common stock offerings to repay government bailout funds.
The U.S. state of Massachusetts has reached a multimillion dollar settlement with Goldman Sachs Group Inc regarding subprime mortgages, state Attorney General Martha Coakley said on Monday.
U.S. President Barack Obama on Monday proposed increasing the borrowing authority of the Federal Deposit Insurance Corp with the Treasury Department to $100 billion from the current $30 billion.
Georgian President Mikheil Saakashvili met opposition leaders on Monday after a month of street protests aimed at forcing him from power.
Pope Benedict used his first speech in Israel on Monday to remember the six million Jews killed by the Nazis and try to heal fresh wounds over his reinstatement of a bishop who denied the Holocaust.
The U.S. military denied on Sunday it had used the incendiary chemical white phosphorus in a battle that killed civilians in west Afghanistan last week, after a rights group said it was investigating suspicious burns.
Mainland China on Monday reported its first confirmed case of the new H1N1 strain of flu, a man in southwestern Sichuan province who had flown home from the United States.
The new flu strain spread to mainland China, state media reported on Monday, and killed a third person in the United States, as the number of cases of H1N1 influenza worldwide jumped to more than 4,300.
A suicide bomber killed 10 people at a security post in Pakistan on Monday as the army pressed on with an offensive against the Taliban in which the government said 700 militants had been killed.
