Fannie, Freddie writedowns too costly: regulator
The regulator for Fannie Mae and Freddie Mac told lawmakers that forcing the government-controlled mortgage firms to write down the principal on underwater home loans would require more than $100 billion in fresh taxpayer funds.
Analysis: Megaupload shutdown unlikely to deter piracy
The crackdown on file-sharing site Megaupload is expected to do little to reduce overall piracy of music, software and Hollywood movies, while potentially stifling emerging means of distributing content online.
TI says chip demand is improving; to close 2 factories
Texas Instruments Inc reported better-than-expected fourth-quarter chip sales as customers in a broad array of industries replenished depleted inventories.
Obama to tout natural gas benefits in State of Union
President Barack Obama will encourage the country's booming natural gas output in his State of the Union address on Tuesday, while defending his administration's energy record, according to sources familiar with the matter.
Kodak replaces chief restructuring officer
Eastman Kodak Co replaced its chief restructuring officer on Monday in a surprise move coming just days after it filed for bankruptcy protection.
Highlights: Comments from euro zone finance ministers' talks
Euro zone finance ministers and officials met in Brussels to discuss terms of a Greek debt restructuring as part of a second bailout package for Athens and rejected an offer made by private bondholders to help restructure those debts, officials said, sending negotiators back to the drawing board.
Comments from Euro zone finance ministers' talks
Euro zone finance ministers and officials met in Brussels to discuss terms of a Greek debt restructuring as part of a second bailout package for Athens and rejected an offer made by private bondholders to help restructure those debts, officials said, sending negotiators back to the drawing board.
Supreme Court rules police need warrant for GPS tracking
The Supreme Court ruled on Monday that police cannot put a GPS device on a suspect's car to track his movements without a warrant, a test case that upholds basic privacy rights in the face of new surveillance technology.
Euro zone minister reject private bondholders' Greece
Euro zone finance ministers Monday rejected as insufficient an offer made by private bondholders to help restructure Greece's debts, sending negotiators back to the drawing board and raising the threat of Greek default.
Profile: New RIM CEO dashes hopes for quick turnaround
Research in Motion Ltd's could have chosen a fiery, inspirational new CEO but they chose a stoic engineer instead, dashing investor hopes for a quick turnaround for the struggling BlackBerry maker.
Mitt Romney Tax Returns: 15% Is Low Even for the Rich
If Mitt Romney's 15 percent estimate is accurate, his effective tax rate is below average even among the wealthiest Americans. He may face criticism from his peers among the top1 percent in income as well as the middle class when he releases his 2010 tax returns on Tuesday.
World needs 600 million new jobs in next decade: ILO
The International Labour Organization sounded the alarm on the global jobs situation in its annual report on Monday and called for more coordination of fiscal policies, repair and regulation of the financial sector and support for the real economy.
Euronet Reports Breach at European Business
Payment processor Euronet Worldwide Inc said a small portion of its European business was the target of a criminal security breach late last year, sending its shares down as much 6 percent.
Texas Instruments says chip demand back
Texas Instruments Inc reported higher-than-expected fourth-quarter revenue on Monday as demand improved faster than expected because customers did not have enough chips in stock, signaling the end of an inventory correction.
VMware Profit Beats Street View; Shares Rise
Software maker VMware Inc reported profit ahead of Wall Street expectations and released an outlook ahead of some forecasts, raising hopes that technology spending will grow this year, even as some warn that the economic outlook is grim.
InterDigital Fails to Find Buyer; Shares Slip
InterDigital Inc said it had failed to find any takers for the entire company, but would continue to look for buyers for its patent portfolio and enter licensing partnerships.
InterDigital fails to find buyer, shares slip
InterDigital Inc said it had failed to find any takers for the entire company, but would continue to look for buyers for its patent portfolio and enter licensing partnerships.
VMware profit beats Street view, shares rise
Software maker VMware Inc reported profit ahead of Wall Street expectations and released an outlook ahead of some forecasts, raising hopes that technology spending will grow this year, even as some warn that the economic outlook is grim.
Starbucks expanding beer, wine sales this year
Starbucks Corp , which sells the coffee that helps many Americans get wound up for their day, is offering more of their customers a way to wind down.
Fannie and Freddie Writedowns Too Costly, Regulator Warns
The regulator for Fannie Mae and Freddie Mac told lawmakers that forcing the two mortgage firms to write down loan principal would require more than $100 billion in fresh taxpayer funds.
Texas Instruments Revenue Beats Street
Texas Instruments Inc on Monday reported higher-than-expected fourth-quarter revenue as demand for its chips improved more quickly than it had forecast.
Macy's sues Martha Stewart Living
Macy's Inc is suing Martha Stewart Living Omnimedia Inc, accusing the company of breach of contract for entering into an agreement to sell certain products at stores run by its rival J.C. Penney Co Inc.
InterDigital Says Looking to Sell Patents
InterDigital Inc said it is looking to sell its patent portfolio and enter into licensing partnerships as part of its strategic alternatives plan.
Before Results Come Out, Apple's Options Offer Safety Play for Investors
Apple Inc has been in many ways an unstoppable stock, and that has been even more the case after earnings. Going back eight years, on the day after the release of results, its shares have risen 70 percent of the time.
Sen. Grassley's Twitter account hacked over piracy measure
U.S. Senator Chuck Grassley's Twitter account was hacked on Monday with bogus tweets attacking his stance on Internet anti-piracy legislation, his office said.
Before results, Apple's options offer safety play for investors
Apple Inc has been in many ways an unstoppable stock, and that has been even more the case after earnings. Going back eight years, on the day after the release of results, its shares have risen 70 percent of the time.
Ex-U.S. Spy Chief Says It May Take a Crisis to Change Cybersecurity Law
U.S. intelligence agencies have unique capabilities that can help protect American companies from cyber espionage and attack, but it will probably take a crisis to change laws to allow that type of cooperation, a former spy chief said on Monday.
Euro Ministers Reject Bondholders' Offer on Greece; Default Risk Rises
Eurozone finance ministers have rejected an offer by private bondholders to help restructure Greece's debts, officials said Monday, sending negotiators back to the drawing board and raising the threat of default.
Ex-U.S. spy chief says may take crisis for new cyber law
U.S. intelligence agencies have unique capabilities that can help protect American companies from cyber espionage and attack, but it will probably take a crisis to change laws to allow that type of cooperation, a former spy chief said on Monday.
Sen. Grassley's Twitter Account Hacked over Internet Bills
U.S. Senator Chuck Grassley's Twitter account was hacked on Monday with bogus tweets attacking his stance on Internet anti-piracy legislation, his office said.