Trade gap surges to nearly 3-year high on oil
The U.S. trade gap widened sharply in May to its highest level in nearly three years as surging oil prices helped push imports to a near record and exports fell slightly from April's all-time high.
New York AG seeks data on Bank of America $8.5 billion pact
New York's attorney general has requested data from 20 of the institutional investors that agreed to a $8.5 billion settlement with Bank of America Corp over their holdings in soured mortgage-backed securities.
Another Tuition Hike for Cal State
The second round of tuition hikes for the fall term was approved Tuesday by California State University leaders.
Google costs in focus after busy quarter
Google Inc's investment spree and shrinking profit margins will draw investor scrutiny when it reports its earnings on Thursday, following an eventful quarter when the company launched the Google+ social network and the government disclosed a probe of its business practices.
Google+ Facebook: An Israseli Firm's App Allows Facebook Viewing on Google+
Crossrider, an Israeli tech company, has developed an application that allows users of Google+ to also view their feeds from Facebook, Reuters reported.
Europe and tech push Wall Street to 3rd day of losses
Stocks closed lower for a third straight day on Tuesday as Europe's fiscal woes and a weak start to tech earnings gave investors little reason to buy even after the recent losses.
New York's AG seeks data on Bank of America $8.5 billion pact
New York's attorney general has requested data from 20 institutional investors that agreed to a $8.5 billion settlement with Bank of America Corp over their holdings in soured mortgage-backed securities.
Hedge fund founders looted Tetragon: lawsuit
Two hedge fund founders were accused in a U.S. lawsuit of using accounting manipulation to loot $205 million in fees from Tetragon Financial Group Ltd.
Regulators combat unauthorized phone bill fees
Telephone companies would have to make third-party charges on landline phone bills clear and distinct to help people detect unauthorized fees under rules proposed on Tuesday by communications regulators.
Netflix Ups Monthly Fee; DVD or Stream: Choose One or the Other
Netflix has increased its monthly fee, making subscribers choose whether to stream or to get the DVDs via snail mail.
Obama Administration Lessens Rules for States' Insurance Exchanges
The Obama administration pushed harder for its strict deadline of January 2013 to certify state health insurance exchanges and proposed that each exchange - showing progress - receive conditional approval, in becoming fully operational by January 2014.
Investors worn out climbing wall of worry
Like kids on a road trip, investors keep asking: are we there yet?
WaMu, shareholders clash again over bankruptcy exit
It's Washington Mutual Inc vs. shareholders, round II.
Topshop Model Codie Young Anorexic? Media Fanfare Won't Help
UK fashion giant Topshop recently pulled photos of what international media called a painfully thin 18-year-old Australian model Codie Young.
Bank of America seeks to restore trust in IPO market
A string of troubled initial public offerings in Europe has pushed Bank of America Merrill Lynch to draw up a set of new guidelines to improve the listing process and restore confidence between sellers and buyers.
MBIA shares rise on speculation over BofA deal
Shares in bond insurer MBIA Inc rose 8 percent on Tuesday after the company dropped a lawsuit against Bank of America , a move one investor said could lead to a larger settlement.
Boehner: I Never Agreed To Any 'Grand Deal'
House Speaker John Boehner, R-Ohio, rejected the notion that he and President Barack Obama had reached a grand dealon raising the debt limit which he spoke of during his news conference Monday.
Wall Street flat in choppy day, brief lift from Fed
Stocks were little changed on Tuesday, though comments from Federal Reserve officials suggesting the possibility of more stimulative policies sparked gains that briefly put the Nasdaq in mildly positive territory.
Analysis: Wal-Mart ruling no knock-out blow for class actions
The end of the road for a class-action discrimination lawsuit brought by female employees of Wal-Mart Stores Inc has not spelled doom for employment lawsuits facing other big U.S. companies.
World commercial property Q2 sales up 47 percent: study
Global commercial real estate sales rose 47 percent in the second quarter from a year earlier to $101 billion and are on track to reach or top $440 billion for the year, according to a report by real estate services firm Jones Lang LaSalle Inc .
UBS hires Morgan Stanley brokerage executive Mallon
The U.S. brokerage arm of UBS said it hired Morgan Stanley Smith Barney brokerage executive Jon Mallon to manage its Santa Rosa, California, branch and help attract and advise high-net-worth customers from affluent towns north of San Francisco.
Investors getting worn out climbing wall of worry
Like kids on a road trip, investors keep asking: are we there yet?
The Sun Says It Didn't Illegally Obtain Info on Gordon Brown's Son
The British tabloid The Sun made it clear Tuesday afternoon it did not obtain the medical records of former Prime Minister Gordon Brown's son.
HTC: Apple Would Rather Sue than Compete Fairly
In response to Apple's legal challenge, Grace Lei, HTC's general counsel, said in a statement Tuesday that HTC is disappointed that Apple is suing its competitors instead of competing fairly in the market, reported by Agence France Press.
Apple chief patent lawyer leaving: sources
Apple Inc's chief patent counsel will soon leave the company, at a time when the iPhone maker is fighting numerous legal battles around the world, according to sources familiar with the situation.
Google+ Upbeat About Beating Facebook Despite Spam Disaster
Google+ sent spammy notifications on Saturday afternoon due to a technical glitch but continues to remain upbeat about beating Facebook and claiming the title of world's No.1 social networking site.
Exclusive: Apple chief patent lawyer to leave
Apple Inc's chief patent counsel will soon leave the company, at a time when the iPhone maker is fighting numerous legal battles around the world, according to a source familiar with the situation.
Foxy Brown Cleared of Mooning Charges
Brooklyn prosecutors dropped charges against the borough's don-diva Foxy Brown after the victim in the case refused to testify to charges Brown mooned her.
Groupon offers first car deal, targets bigger items
Groupon Inc offered its first car coupon on Tuesday, a sign the largest online daily deal company is expanding into bigger-ticket items.
Wall Street adds to gains, Nasdaq up after Fed minutes
Stocks rose while the Nasdaq turned slightly positive on Tuesday after the Federal Open Market Committee's minutes said some Fed officials were ready to provide more easing monetary policy easing if the recovery was too sluggish to cut the nation's unemployment rate.