Goldman Sachs Chief Executive Lloyd Blankfein has hired Reid Weingarten, a high-profile Washington defense attorney whose past clients include a former Enron accounting officer, according to a government source familiar with the matter.
HP's turnaround is impressive, but it will prove to be short-lived.
A measure of business activity sank in July from June, though it rose slightly from a year ago, as economic and regulatory uncertainties kept many corporations from new spending, a lender group said on Monday.
The price of gold ripped past $1,900 per ounce Monday, boosted by fears of enough wealth-destroying developments to erase any doubts that the world's oldest safe-haven investment is still the world's No. 1 safe-haven investment.
Goldman Sachs Chief Executive Lloyd Blankfein has hired Reid Weingarten, a high-profile Washington defense attorney whose past clients include a former Enron accounting officer, according to a government source familiar with the matter.
Some internal Bank of America files obtained by WikiLeaks have been destroyed, according to a former close collaborator of Julian Assange, the whistleblowing website's founder.
Spend now and hire, if needed, adjust entitlement formulas later: that's what PIMCO's Bill Gross, the head of the world's largest bond fund, is recommending to get the U.S. economy moving again.
As Apple readies its next iPhone rendition for a September launch, a host of Android phones sporting quad-core and 1.2GHz and 1.5GHz chipsets could spoil Cupertino giant's party.
Toyota Motor Corp and Ford Motor Co will work together to develop hybrid trucks and SUVs that will be ready for market by the end of the decade, the two companies said on Monday.
The bad news is that Hurricane Irene will probably strike the Florida and or the Southeast Atlantic coast. The good news is, for U.S. motorists - - the Gulf of Mexico and its important oil refinery infrastructure will be spared.
U.S. stocks edged up on Monday after four weeks of losses, but investors were hesitant to take big risks without a catalyst for buying.
Gold set a new record Monday as investors fled stocks, weakening currencies and U.S. Treasuries for the safety of gold and gold-related assets.
George Pataki, who was governor of New York from 1995-2006, is giving serious consideration to running for the Republican presidential nomination, according to the Daily News.
HP's TouchPad was an OK product according to reviews, but it lived a very short product life because consumers showed a hearty appetite for Apple's tablet-leading iPad. Now, many are asking if Apple's iPad will ever have a worthy competitor. At the moment, however, there's no competitor on the horizon ready to challenge the iPad.
This fall is shaping up to be one to remember for Groupon Chief Executive Andrew Mason.
A bankruptcy court has denied Sprint Nextel Corp's motion for a partial summary judgment in a proceeding against bankrupt mobile satellite network operator TerreStar Networks Inc , U.S. Bancorp and others.
Former New York Governor Eliot Spitzer was hit with a $60 million libel lawsuit by a former Marsh & McLennan Cos Inc executive over a column posted on Slate.com about an insurance bid-rigging scandal.
Bank of America Corp shares fell as much as 6.6 percent on Monday, reaching their lowest level in two weeks, as investors fretted about the bank facing additional legal liabilities over mortgages.
Bank of America Corp shares fell as much as 6.6 percent on Monday, reaching their lowest level in two weeks, as investors fretted about the bank facing additional legal liabilities over mortgages.
Gold rallied almost 2 percent to a record near $1,900 an ounce on Monday as a sputtering global economy boosted expectations for further monetary easing, raising bullion's appeal as a hedge against inflation.
Canada-based Silvercorp Metals Inc. said Monday it is buying a controlling share of Zhongxing Mining Co. Ltd. and Chuanxin Mining Co. Ltd. for $10.4 million.
The current bull market in gold is broadly based, not the result of speculators, and the rally has more room to run, a UBS analyst said Monday.
Sure Libya has one of the richest oil reserves in Africa, but it's got gold, too ... and lots of it.
The unemployment rate rose in more than half of the nation's states in July, as the slowdown in economic growth prompted companies to take a wait-and-see stance regarding new hires. The major period of lay-offs appears to be over, but the hiring has not resumed en masse, which has kept the nation's unemployment rate stubbornly high at 9.1 percent,
Silver company shares led mining stocks higher Monday with many of the major companies posting gains between 5 percent and 7 percent.
Wall Street rose on Monday, but major averages gave up some of their gains as bank stocks came under renewed pressure.
The Republican presidential nomination race is starting to take shape as one of the most captivating competitions and reality shows we've seen in years. Think America's Biggest Loser meets Extreme Makeover meets Jon and Kate Plus 8.
Hewlett-Packard is dumping its TouchPad tablet just shy of 50 days after its anticipated introduction, and while the fire sale price of $99 might be tempting, there are a few things to consider before snatching one up.
Consumer confidence has fallen further after weeks of intensified economic concerns and broad stock market declines, and Conference Board data due later this month could be even weaker than current projections suggest, Consumer Edge Research said on Monday.
Moves by the Swiss National Bank to curb strength of the Swiss franc will fuel investors' insatiable demand for gold, adding to its relentless rise to new record highs as confidence in the franc as a safe store of value dwindles.
