Morgan Stanley wins dismissal of Libertas CDO suit
Morgan Stanley won dismissal of a government pension fund lawsuit accusing it of defrauding investors in $1.2 billion of risky mortgage debt that it expected to fail.
Kodak Shares Plunge on Restructuring Reports
Shares in Eastman Kodak Co. fell almost 60 percent on Friday on reports the company had hired a restructuring adviser.
Mark Cuban charges versus SEC unfounded: SEC watchdog
The U.S. Securities and Exchange Commission's inspector general has concluded that Mark Cuban, the billionaire owner of the Dallas Mavericks basketball team, was not targeted inappropriately by agency staff in its insider trading probe against him.
Wall Street on track for worst quarter in 3 years
Stocks were on course for their worst quarter in three years on Friday as economic data from China and Europe fueled fears of a global economic slowdown while Morgan Stanley plummeted on concerns about its exposure to European banks.
CIA drone kills U.S.-born al Qaeda cleric in Yemen
Anwar al-Awlaki, a U.S.-born cleric linked to al Qaeda, was killed in a CIA drone strike in Yemen on Friday, U.S. officials said, removing a global terrorist high on a U.S. wanted list.
Wall Street slides on slowdown fears
Stocks fell on Friday as economic data from China and Europe fueled fears of a global economic slowdown while Morgan Stanley plummeted due fears about its exposure to European banks.
Internet firms co-opted for surveillance: experts
Internet companies such as Google, Twitter and Facebook are increasingly co-opted for surveillance work as the information they gather proves irresistible to law enforcement agencies, Web experts said this week.
Recovering economy grows in July
The economy grew in July, the second straight month of expansion, setting the stage for a positive third quarter after the second-quarter's worrying contraction.
Transgender Surgery May Be Covered Under Medicaid in NY
New York Gov. Andrew Cuomo may be considering different ways to revamp the state's Medicaid system after a panel on Thursday proposed a possible change allowing coverage of sexual reassignment surgery for transgendered residents under the health care insurance program.
Insight: America's rich losing tussle with taxman
When Irish rockers U2 took to the main stage at this year's Glastonbury music festival, a small but vocal group of activists raised a large balloon emblazoned with the words U Pay Tax 2?
Safe drug-injection site can stay: Supreme Court of Canada
Vancouver's Insite clinic, the only such safe-injection site for drug addicts in North America, can stay open, the Supreme Court of Canada ruled on Friday in a landmark defeat for the federal government.
Buffett backs Bank of America, buying more stocks
Warren Buffett said on Friday he is still eager to buy companies and stocks, even as his conglomerate Berkshire Hathaway launches its first-ever share buyback program.
Equities on Track for Worst Quarter Since 2008?
Stocks fell on Friday, putting equities on track for their worst quarter since 2008, as economic data from China and Europe fueled fears of a global economic slowdown.
Consumer mood improves but worries persist
Consumer sentiment improved in late September but worries persisted about jobs and finances which could curb household spending in the coming months, a private survey released on Friday showed.
[PHOTOS] Amanda Knox's Four Years in Court
With a verdict due on Monday, Amanda Knox is hoping to be acquitted and freed from her life in the Italian prison where she spent nearly four years of her life.
[PHOTOS] Amanda Knox's Four Years in Court
With a verdict due on Monday, Amanda Knox is hoping to be acquitted and freed from her life in the Italian prison where she spent nearly four years of her life.
Global slowdown worries send Wall Street lower
Stocks fell on Friday, putting equities on track for their worst quarter since 2008, as economic data from China and Europe fueled fears of a global economic slowdown.
Morgan Stanley falls on concerns about Europe
Morgan Stanley shares fell as much as 7.8 percent on Friday because of concerns about its exposure to European banks.
Ingersoll Rand cuts profit view, shares tumble
Ingersoll Rand Plc cut its profit forecast for the rest of the year on Friday, blaming weak demand in North America for residential heating and cooling systems and commercial security products.
Planned Parenthood Investigation: A Frustrated Bully's Malicious Attack
With his allegations that Planned Parenthood has misused federal funds, U.S. Rep. Cliff Stearns, R-Fla., is taking out his frustration by lobbing malicious, unsubstantiated allegations, just like an elementary school bully who's angry that he lost a game.
Bullard: Fed will act if economy weakens further
The Federal Reserve will act if the economy weakens further and has the tools to do so, a top Fed official said on Friday.
Poor nations urged to tap Web fast for growth
With online business increasingly driving economic growth, developing nations' top priority should be the infrastructure their citizens need to get connected, delegates at an Internet conference in Nairobi said this week.
Buffett says Berkshire has begun share buybacks
Warren Buffett's conglomerate Berkshire Hathaway Inc has begun its share buybacks, Buffett said on Friday, but the repurchases will not stop the company from also making acquisitions or spending on infrastructure for its portfolio of companies.
China's inflation fight remains top priority
China will keep monetary conditions tight in its effort to rein in stubborn inflation, the country's central bank said on Friday, adding that containing domestic price pressures remains its priority.
Rugby World Cup 2011 - South Africa 13-5 Samoa Match Highlights (VIDEO)
South Africa ensured their place as group winners in Pool D after holding off a spirited Samoa side in Auckland.
Stocks Tepid Among Fears of Global Slowdown
Stocks opened lower on Friday, putting equities on track for their fifth straight monthly decline as China's manufacturing shrank and kept fears of a global economic slowdown in the forefront.
Wall Street drops, worried about a global slowdown
Stocks opened lower on Friday, putting equities on track for their fifth straight monthly decline, as China's manufacturing shrank and kept fears of a global economic slowdown in the forefront.
Ashton Kutcher and Demi Moore: 'Sad, Hurt and Embarrassed' over $290 Million Divorce [PHOTOS]
Entertainment Tonight reports that a close friends said Moore was sad, hurt and embarassed. They are reported to be battling it out in a $290 Million divorce. Her and Ashton had been receiving counseling from Kabbalah over the summer to try to fix their marriage, the source continued. She also revealed that they are living apart now.
Analysis: Brokers miffed as banks seek cross sales
Banks keen to grow revenue want their brokerage arms to pitch more loans and credit cards to clients, a plan resented by financial advisers.
Gasp Clothing's Email Scandal unveils Infamous Customer Service
Gasp clothing, an Australian boutique chain, is gloating about the international attention garnered by its obnoxious response to a customer complaint.