Knight Capital Group Inc. (NYSE: KCG), which lost $440 million last week when a trading program it had just installed went berserk, confirmed Monday it reached a $400 million rescue deal that will keep the big market maker in business but hammer existing investors.
The FBI, probing the Wisconsin Sikh Temple shooting, in which a gunman killed six and critically injured three others on Sunday, hinted that it could be an act of domestic terrorism. Meanwhile, the Sikh community in the U.S calls it a crime of "hate and ignorance."
Even before news of Apple's acquisition of fingerprint scanning company AuthenTec could take effect among technology enthusiasts, news of Apple considering another company, The Fancy, a growing e-commerce related Social Network is gathering pace.
Crude oil futures declined during the Asian trading hours Monday after surging the most in a month in the previous session on upbeat U.S. jobs data.
Sunday's Olympic Games saw several stunning performances, as Usain Bolt, Andy Murray, and more stunned audiences and secured their places at the 2012 London Games.
Macaulay Culkin was spotted at Natalie Portman's wedding on Saturday in the wake of unconfirmed reports that he had fallen into deep heroin addiction and rumors of his death circulating on the Internet.
NASA will be attempting one of its most impressive and technically challenging feats ever, as it tries to land the Curiosity rover on the surface of Mars within hours. Obviously, Mars is pretty far away, which means you can't see it in person. So how best to watch the landing? Read on.
Marilyn is as great a legend as this country as ever produced – she shares eternal life with such luminaries as Frank Sinatra, Elvis Presley, John Wayne and Louis Armstrong.
Not only did this represent a grave violation of fair trade practices, but it also smacked of a naked ploy to consolidate their political bases (who, no doubt, agree with their views anyway).
It's only been a few days since American gymnast Gabrielle "Gabby" Douglas won gold medals in both the individual and the team competitions at the London 2012 Olympic Games, and it already looks like the young athlete is going to be honored with her face on a cereal box.
Even though Carmelita Jeter is an Olympic athlete who won a silver medal Saturday, she might never shake the questions about the athlete with whom she shares a last name: superstar New York Yankee Derek Jeter.
Curtis Martin and Cortez Kennedy -- as well as Jack Butler, Dermontti Dawson, Chris Doleman, and Willie Roaf -- will be honored at the Pro Football Hall of Fame enshirement ceremony to air on ESPN and the NFL Network Saturday at 7 p.m. EDT.
President Obama is one of the youngest presidents in history, coming in only behind Ulysses S. Grant, Theodore "Teddy" Roosevelt, John F. Kennedy and Bill Clinton. The 44th president is spending his birthday golfing and having dinner with the first lady at Camp David. He'll attend fundraising events across the country in the next few days in an attempt to make sure this won't be his last birthday in the White House.
Jennifer Aniston has certainly come a long way from the quirky role of Rachel Green on “Friends.” On Thursday the actress showed off her tan legs with style, sporting a pair of roughed-up skimpy shorts on the set of her new movie “We Are the Millers.”
On opening night, producers of "3C" received a cease-and-desist letter from Kenyon & Kenyon, the law firm representing DLT Entertainment, the distribution company for the popular 1977-1984 ABC sitcom "Three's Company." Charging that playwright David Adjmi had infringed on its copyright, DLT demanded that the playwright cease further performances.
A new super PAC called FightBigotry.com will "connect the dots to explain the one political vulnerability of President Obama that no one else has the stomach to bring up."
The pressures on the Washington Post Co., the sixth-largest U.S. newspaper group by circulation, are twofold: the erosion in advertising and circulation revenue of its print properties, and the plunging profit of Kaplan, its for-profit education division, as the federal government enacts more regulations.
After almost three decades of searching for the Loch Ness monster, George Edwards thinks he's finally had a breakthrough. Edwards, who captains a Nessie-themed cruise boat on Loch Ness, released a photo to the public Friday of what he claims is further proof that the beast really exists.
NASA will be streaming coverage of the Curiosity rover landing online starting at 11:30pm Eastern Time. There are also watching events at museums and science centers across the U.S. New York City will get to watch the landing on a very big screen - the Toshiba Vision screen at One Times Square, which is usually the focal point for the New Year's Eve ball drop.
Kristen Stewart, formally best known as Bella Swan from the "Twilight" series but most recognized now for cheating on teen heartthrob Robert Pattinson, has allegedly been "banned" from attending her former lover's premiere, Radar Online said.
It has been 50 years since the death of Marilyn Monroe, but her legacy couldn’t be more alive.
The financial markets were in a full-throttle rally Friday as stocks, bonds, commodities and foreign currencies all rose, following a week of sell-offs amid various policy and economic disappointments.
