Google Inc has not cooked its search results to favor its own products and listings, Executive Chairman Eric Schmidt told a U.S. Senate hearing looking into whether the search giant abuses its power.
Zvi Goffer, a former securities trader known as Octopussy because of his many sources of information, was sentenced to 10 years in prison on Wednesday for insider trading.
SABMiller's $10.1 billion bid for Australian brewer Foster's Group looked well placed to succeed on Thursday after some key shareholders come out in favor of the sweetened deal.
Zvi Goffer, a former securities trader known as Octopussy because of his many sources of information, was sentenced to 10 years in prison on Wednesday for insider trading.
The government is continuing an aggressive drive to hold accountable those responsible for the 2007-2009 financial crisis, but prosecutors may find it tough to prove criminal intent in some cases, a top Justice Department official said in an interview.
Lehman Brothers Holdings Inc said it will drop its appeal of a bankruptcy court's ruling upholding Barclays Plc's purchase of Lehman's North American business in 2008 to avoid an unnecessary strain on its remaining assets.
A former securities trader known as Octopussy because of his many sources of information was sentenced to 10 years in prison on Wednesday after being found guilty of insider trading.
The sentencing of Raj Rajaratnam, the prominent hedge fund founder who was convicted in May in a sweeping insider trading prosecution, was postponed to October 13 from next Tuesday.
Developing countries can prepare for the threat of a global recession by improving policies to generate growth and jobs, diversifying economies, bolstering their banking sectors and readying social safety nets, the World Bank's top economists said on Wednesday.
Hulu, the popular online video service which has been put up for sale by its joint owners, now has more than 1 million paying subscribers, Chief Executive Jason Kilar said on Wednesday.
The Federal Reserve on Wednesday moved to counter what it said were significant risks to the U.S. economy with an effort to lower long-term borrowing costs and bolster housing.
The Federal Reserve on Wednesday ramped up its aid to the beleaguered U.S. economy, launching an effort to put more downward pressure on long-term interest rates and increase its support for housing.
Stocks suffered their worst drop in a month after the Federal Reserve said there were significant downside risks to the economy even as it took another stab at boosting growth.
Is the United States capable of tax reform? U.S. Ron Wyden, D-Ore., thinks so. Still, U.S. tax code revisions are arduous because they go to the core of the United States -- commerce -- and a tax code alteration can result in a change to a company's or group's slice of the economic pie.
The Federal Reserve on Wednesday dialed up its aid to the beleaguered U.S. economy, launching an effort to put more downward pressure on long-term interest rates over time and help the battered housing sector.
During his brief stay at HP, Apotheker decided to dramatically shift the company’s strategy.
Existing home sales rose in August to their highest in five months as lower prices and rock-bottom interest rates drew more buyers into a still moribund market.
Stocks tumbled on Wednesday after the Federal Reserve said there were significant downside risks to the economy even as it took another stab at boosting growth.
Google Inc urged a federal judge to reject an Oracle Corp expert's recommendation that it pay more than $2.2 billion for infringing patents for Java technology used in the Android operating system.
Google Inc is confident that U.S. antitrust regulators will clear the search giant of any wrongdoing, Executive Chairman Eric Schmidt will tell a congressional panel on Wednesday.
Google Inc has evolved to become a dominant and potentially anti-competitive force on the Internet, senators said at congressional hearing on Wednesday.
The president of Brazil, Dilma Rousseff, on Wednesday told the United Nations that fast-growing emerging economies can play a vital role to help stem the global economic crisis, marking the latest move by developing countries to become the equals of the world's traditional powers.
Greece said it will announce a plan on Wednesday to bring forward austerity measures agreed under its bailout program, mostly in the form of spending cuts, to secure a fresh injection of aid and save the country from an October bankruptcy.
Moody's Corp on Wednesday cut the debt ratings of Bank of America Corp , Wells Fargo & Co and Citigroup Inc , three of the largest U.S. banks, on worries the government would be less likely to support a large lender if it got into trouble.
Moody's Corp on Wednesday downgraded Bank of America Corp's debt ratings because the government appears less likely to aid the lender if it verged on failure.
Stocks added to losses on Wednesday after the Federal Reserve said the economic outlook remains grim, even as it said it would take more action to boost demand.
The Dow and the S&P 500 fell on Wednesday after the Federal Reserve said it would launch a new $400 billion program to aid the flagging economy.
Greece said it would deepen pension cuts, extend a painful property tax hike and put tens of thousands of workers on notice on Wednesday to secure a new injection of aid and save the country from bankruptcy.
The U.S. Federal Reserve Wednesday announced it will sell $400 billion worth of short-maturity bonds and reinvest in bonds with maturities of 6 to 30 years by the end of June 2012, in a program commonly referred to as Operation Twist.
Britain's economic prospects are deteriorating so swiftly that the Bank of England signaled on Wednesday it was on the verge of pumping in more money to support growth, potentially as soon as October.
