Instant view: Obama proposes $447 billion plan to boost economy
President Barack Obama proposed a $447 billion jobs package on Thursday to help boost the U.S. economy, challenging Congress to pass legislation made up largely of tax cuts for workers and businesses.
Bartz battles to retain Yahoo board seat
Former Yahoo Inc Chief Executive Carol Bartz and her erstwhile employer are dueling over Bartz's board seat, which she says she wants to keep, despite being fired from running the company.
BofA Reported Considering 40,000 Job Cuts
Bank of America executives have discussed slashing roughly 40,000 jobs during the first wave of a restructuring, the Wall Street Journal reports, citing people familiar with the plans.
Factbox: Key elements of Obama's $447 billion jobs plan
President Barack Obama proposed a $447 billion package of tax cuts and spending measures on Thursday aimed at spurring growth and hiring.
South Korea police probe Samsung Card over data breach
South Korean police said they had begun investigating Samsung Card over the alleged leakage of personal information on its customers.
Insight: Cisco suits on China rights abuses to test legal reach
Two lawsuits by three Chinese dissidents and a human rights group accusing Cisco Systems Inc. of abetting imprisonment and torture could have far-reaching impact on how U.S. technology companies conduct business in authoritarian regimes.
Obama Speech: Republicans Respond to President's Jobs Plan, Urge Compromise
Michele Bachmann was the only Republican to give a formal, full-length rebuttal to President Obama's jobs speech Thursday night; House Majority Leader Eric Cantor spoke briefly to Bloomberg TV and House Speaker John Boehner issued a short statement.
Jobs Speech: 5 Things President Obama Wants You to Take Away, If Nothing Else
When President Obama addressed Congress Thursday night, he wanted to put forward a bold, yet agreeable proposal to help jump-start the economy. Here are five things President Obama would want you to take away from his jobs bill, if nothing else.
SAP Reaches Plea Deal in Oracle Criminal Case
SAP AG agreed to plead guilty to unspecified charges in a criminal case involving unauthorized access to computers maintained by software rival Oracle Corp, according to a court filing.
Verisign CFO resigns, shares fall
Internet domain name provider VeriSign Inc said its chief financial officer Brian Robins, who played a key role in the company's long drawn out restructuring process, has resigned.
SAP says reaches plea deal in Oracle criminal case
SAP AG said it pleaded guilty to unspecified charges in a criminal case involving unauthorized access to computers maintained by software rival Oracle Corp.
Ex-directors challenge Lehman insurance release
Former directors of a Lehman Brothers Holdings Inc affiliate are objecting to the proposed release of $90 million in insurance funds to settle an investor lawsuit against ex-Chief Executive Richard Fuld and other officials.
Texas Economy and Health Care System Aren't What Rick Perry Claims
Rick Perry's biggest talking point in his young campaign has been the strength of the Texas economy. He frequently notes that his state has created more jobs than any other since the economy soured, and he boasts about Texas's ability to manage its own health care system without federal interference. But the facts are somewhat different.
Obama sees U.S. crisis, pushes $447 billion jobs plan
President Barack Obama laid out a $447 billion jobs package of tax cuts and government spending on Thursday that will be critical to his re-election chances but he faces an uphill fight with Republicans.
Montag puts his mark on Bank of America
Tom Montag made an unusually savvy career move when he joined Merrill Lynch in May 2008, shortly before the investment bank came to the brink of failure.
Major Yahoo shareholder calls for new board
Shareholder activist Daniel Loeb has scooped up shares of Yahoo Inc and is demanding that the company overhaul its board, saying the directors have made serious misjudgments and destroyed value for stockholders.
Judge in Oracle, Google case wants a CEO session
The judge overseeing a potential billion dollar patent case between Oracle and Google is angling for a summit of Silicon Valley's two most famous Larrys.
Allianz cuts fund fees to compete with rivals
Allianz Global Investors has reduced the fees on its target-date funds by as much as 33 percent to compete with its rivals.
Bernanke: Keen on strong growth, mum on measures
Federal Reserve Chairman Ben Bernanke on Thursday said the U.S. central bank would spare no effort to boost weak growth, but to the dismay of investors stopped short of a full plunge into further monetary support.
Bernanke disappointment pushes Wall Street lower
Stocks closed sharply lower on Thursday after Federal Reserve Chairman Ben Bernanke gave no indications of new stimulus measures to boost the flagging economy in a keenly awaited speech.
9/11 Memorial: First Responders Excluded from Ground Zero Ceremony
First responders are not invited to the 9/11 National Memorial for the upcoming 10th anniversary ceremony, in what many people are calling a slap in the face to those who risked their lives to save others from the World Trade Center and the Pentagon.
Obama says U.S. faces crisis, pushes jobs plan
President Barack Obama pressed Congress on Thursday to act urgently to approve a jobs package of tax cuts and government spending he is proposing to pull the United States out of a national crisis.
Twitter ramps up ad efforts, no rush for IPO
Twitter is preparing to broaden the areas of its service where ads appear, but the company is in no hurry to undertake a hotly-anticipated initial public offering.
Hundreds of Longshoremen Storm Washington Port Over Labor Dispute
Hundreds of Longshore workers Thursday morning stormed the port in Longview, Wash. in a labor dispute-overpowering security guards as they dumped grain and damaged rail cars.
Obama to call for urgent steps on economy
President Barack Obama will lay out a jobs package worth more than $300 billion on Thursday, staking his re-election hopes on a call for urgent action to revive the economy and challenging Republicans who have consistently opposed his initiatives.
JPMorgan seeks profit pampering rich branch clients
Banking giant JPMorgan Chase & Co , a relative lightweight in retail wealth management, sees untapped riches residing in its own bank branches.
World policymakers see darkening outlook
From Seoul to Washington, policymakers are increasingly worried about the outlook for the global economy.
Nike Makes a Call Back…to the Future for Next Big Product
Nike may be releasing the Marty McFly Air Mags soon.
Canada economy shows signs of life after Q2 dip
After a dismal second quarter Canada's economy showed signs of life in July as higher exports almost halved the trade deficit and the value of building permits hit a record high.
Texas Summer Hottest on Record in U.S.
In fact, Texas has just finished the hottest summer (June-August) on record, The National Weather Service reports Thursday.