BofA investor lawsuit wins class-action status
Investors suing Bank of America Corp won class-action status for their lawsuit accusing the bank of fraudulently misleading them about the 2008 takeover of Merrill Lynch & Co and the size of Merrill's losses and bonus payouts.
Mortgage deal faces setbacks, again
A multi-state mortgage settlement in the works for more than a year will likely be pushed back again as dissident U.S. states continue to press specific concerns and ignore a Monday deadline to decide whether they will sign it.
Zsa Zsa Gabor turns 95 Monday amid health woes
Zsa Zsa Gabor turned 95 years old Monday, defying the grim expectations that have developed after a string of health scares over the past year.
Up There and Plummer's Barrymore winners at Santa Barbara
The afterlife comedy Up There and the Christopher Plummer showcase Barrymore are among the films that have won awards at the Santa Barbara International Film Festival, which concluded its 11-day run on Sunday by handing out 10 jury and one audience award.
Accused California homeless killer charged in two more murders
An Iraq war veteran already accused in the serial killings of four Orange County transients was charged on Monday with two more murders -- the October stabbing deaths of a high school friend's mother and brother.
Oscar producers urge fans to celebrate movie memories
Facing a future where many movies will be seen in homes, Oscar organizers on Monday unveiled this year's awards show theme at an annual luncheon honoring nominees by asking fans to relish memories of why they love movies and going to theaters.
'The Voice' gets off to superstar ratings for NBC
NBC's singing contest The Voice got its second season off to a supersize start, attracting 37.6 million viewers on Sunday -- more than double the show's biggest audience last year, NBC said on Monday.
Steven Van Zandt stars in Netflix series Lilyhammer
Early in Lilyhammer, Netflix's eight-show original series that launches Monday, we meet Steven Van Zandt's Frank The Fixer Tagliano.
U.S. targets food stamp fraud as election looms
Stung by election-year criticism of a program used by one in seven Americans, administrators of U.S. food stamp benefits are intensifying efforts to combat fraud and protect the $75.3 billion plan from the budget axe.
Night of the Living Dead actor Bill Hinzman dies
Bill Hinzman, who was cast on-the-spot as a zombie in 1968 cult film Night of the Living Dead in a role that earned him the longlasting admiration of horror fans, has died at age 75, his daughter said.
Exclusive: Facebook governance a concern for Calif pension fund
Facebook's corporate governance rules, which give shareholders little say in how the social networking website would be run as a public company, are raising the hackles of one of the largest U.S. investors, the California State Teachers' Retirement System.
Yum profit up as China keeps growing
KFC parent Yum Brands Inc reported fourth-quarter earnings that topped Wall Street's view after accelerating sales and operating profit at established restaurants in China helped ease worries that growth in its top market was slowing.
MGM gets $500 mln loan to expand film, TV slate
Metro-Goldwyn Mayer said its lenders agreed to loan the studio $500 million to retire debt it took on when it emerged from bankruptcy about a year ago and to expand its film and TV production.
Ford won't bid to replace military Humvees
Ford Motor Co said on Monday it had decided not to participate in a new Pentagon competition to replace the U.S. military's fleet of workhorse Humvee vehicles.
Ford won't bid to replace military Humvees
Ford Motor Co said on Monday it had decided not to participate in a new Pentagon competition to replace the U.S. military's fleet of workhorse Humvee vehicles.
Cisco seen reporting solid second quarter
A year after network equipment maker Cisco Systems Inc unnerved investors with yet another weak quarterly outlook the company looks set to report a stable quarter buoyed in part by improving enterprise demand in the United States.
UBS Loses Case to Recoup Bonus from Ex-Broker
A former broker of a UBS AG unit can keep $1 million of a signing bonus he received when joining the firm, despite leaving earlier than terms of the bonus required, according to a ruling by an arbitration panel.
U.S. Treasury Says Anti-Foreclosure Plan Helps Nearly 1 Million Homeowners
Nearly 1 million U.S. homeowners have won permanent reductions on mortgage payments since the Obama administration launched its foreclosure prevention program in 2009, the U.S. Treasury said on Monday, only a fraction of the total it aimed to reach.
MGM Secures $500M Loan to Expand Film, TV
Metro-Goldwyn Mayer said its lenders agreed to loan the studio $500 million to retire debt it took on when it emerged from bankruptcy about a year ago and to expand its film and TV production.
Housing plan helps nearly 1 million homeowners
Nearly 1 million U.S. homeowners have won permanent reductions on mortgage payments since the Obama administration launched its foreclosure prevention program in 2009, the U.S. Treasury said on Monday, only a fraction of the total it aimed to reach.
Verizon, Redbox plan Netflix challenge
Verizon Communications Inc and Coinstar's Redbox unit have formed a joint venture to sell video services aimed at competing against video rental giant Netflix Inc.
Kindle-wielding Amazon dips toes into physical world
Amazon.com Inc is dipping its toes into the physical world as the largest online retailer offers more products in stores that may benefit from hands-on interaction with shoppers.
IMF Economist Blanchard Predicts 'Very Large' Greek Haircut
The IMF's chief economist, Olivier Blanchard, said on Monday it looks like the 'haircut' on Greek private debt will be "very large" as negotiations between bondholders and the government drag on to cut Greece's debt burden.
Romney and Gingrich Advisers Have Shouting Match on MSNBC
MSNBC hosted a one-on-one debate on Monday between former New Hampshire Gov. John Sununu, a Mitt Romney supporter, and former U.S. Rep. Bob Walker of Pennsylvania, a Newt Gingrich supporter -- and boy, did it get heated.
787 glitch may pressure Boeing production outlook
Boeing Co faces fresh questions over whether it can meet what was already viewed to be an overly ambitious production schedule for the 787 Dreamliner, after the aerospace company said it had found a problem with the jet's fuselage.
IMF's Blanchard sees very large Greek haircut
The IMF's chief economist, Olivier Blanchard, said on Monday it looks like the 'haircut' on Greek private debt will be very large as negotiations between bondholders and the government drag on to cut Greece's debt burden.
Sony gives fans a sneak peak of new Spider-Man film
Sony gave fans around the world a sneak peek at a slightly edgy Spidey in the rebooted webslinger franchise during simultaneous events at 13 cities on Monday.
Tribeca Film Institute expands program to Los Angeles
The Tribeca Film Institute is expanding beyond New York City for the first time, bringing its Tribeca Teaches program to Los Angeles with an after-school digital storytelling program at Lennox Middle School, the institute said Monday.
Ron Paul on Abortion: Was Your Rape Honest?
When Ron Paul was asked by CNN host Piers Morgan on Friday whether he would allow one of his daughters or granddaughters to have an abortion if she were raped, he said yes -- if it's an honest rape. What does that mean?
Is Brent Premium to U.S. Oil Set for Another Blowout?
Brent crude's premium to U.S. oil could be poised for another record run after jumping 50 percent over the past week, as an expected build in Midwest inventories again exerts pressure on the U.S. benchmark.