BofA loses bid to end HAMP mortgage lawsuit
Bank of America Corp lost its bid to dismiss a lawsuit accusing it of reneging on promises to help borrowers modify their mortgage loans under a much-criticized federal program.
Starbucks' employees in Chile plan strike: report
Employees at Starbucks Corp's outlets in Chile plan to walk out on Thursday because, they say, their wages are so low that they can't afford to buy lunch, the Wall Street Journal reported.
Varney to step down as top antitrust official
Christine Varney, the top antitrust official in the U.S. Justice Department, is stepping down to become a partner at an elite law firm in New York.
Egypt Protests Military Trials, New Yorkers To Join In
Egyptians are protesting military trials this week, with the largest protest slated to erupt Friday.
Morgan Stanley Smith Barney loses client data CDs: report
Brokerage Morgan Stanley Smith Barney, a joint venture between Morgan Stanley and Citigroup , said personal information of 34,000 investment clients stored on two CDs was lost in transit to a government office last month, the Wall Street Journal reported citing a company spokesman.
Natalie Portman’s Baby Name Outdoes Paltrow’s Apple [VIDEO]
Natalaie Portman and her fiancé Benjamin Millepied have revealed their baby's name.
Tech industry tops list of fast-growing retailers
According to the National Retail Federation, certain mainstays in the technology industry experienced the largest growth among all retailers in 2010.
Eliot Spitzer out at CNN as network changes evening lineup
Former New York governor Eliot Spitzer's run as the host of a political show on CNN lasted only nine months, as the cable network eliminated the In the Arena program from its evening lineup.
Murdoch defends papers as Cameron pledges hacking probe
Rupert Murdoch promised full cooperation on Wednesday to resolve a scandal shaking his media empire after British Prime Minister David Cameron promised an inquiry into what he called disgusting phone hacking by a newspaper.
Judge rejects Apple bid for injunction against Amazon
A U.S. judge denied Apple Inc's attempt to quickly stop online retailer Amazon.com Inc from using the App Store name, according to a court document.
Top fashion designers show off their creations in Paris Haute Couture Fall-Winter 2011/2012 fashion show
The fashion industry's most famous celebrities, including Karl Lagerfeld and Giorgio Armani, showcased their talent at the ongoing during Haute Couture Fall-Winter 2011/2012 fashion show in Paris this week.
Samsung estimates Q2 profit down 26 pct
Samsung Electronics, the world's top maker of memory chips and televisions, estimated April-June operating profit would fall 26 percent, as its LCD display business is widely expected to report another loss.
Hulu to hit 1 million paid users by summer's end: CEO
Internet video company Hulu expects its number of paid subscribers to top 1 million by summer's end, earlier than previously forecast, its chief executive said on Wednesday.
'Don't Ask, Don't Tell' Repeal: Federal Appeals Court Issues Order Blocking Policy
A federal appeals court initiated an order Wednesday blocking the don't ask, don't tell policy in the military today. The 9th U.S. Circuit U.S. Court of Appeals said that the process of repealing the policy is well underway, and the preponderance of the armed forces are expected to have been trained by mid-summer on new procedures.
Moroccan Constitutional Reform: Berbers Say the Battle’s Just Begun
Moroccan constitutional reform isn't sitting well with some of the North African nation's activists.
LPS CEO resigns due to health concerns
Lender Processing Services Inc said its Chief Executive Jeffrey Carbiener resigned due to medical reasons, adding uncertainty at a time when the company is facing various legal and regulatory challenges.
Visa sees lower rev growth after debit crackdown
Visa Inc , the world's largest card processing network, said revenue growth will slow next year as a result of a U.S. regulatory crackdown on debit card processing fees.
Hackers expose flaw in Apple iPad, iPhone software
Hackers have disclosed a bug in software from Apple Inc that security experts said could be exploited by criminals looking to gain remote control over iPhones, iPads and iPod Touch devices.
Facebook Skype 'Super Awesome' video chat partnership - Response to Google+ Hangouts threat?
Facebook announced the 'super awesome' news that they will be partnering with Skype with plans to offer users video chat through the social network website - is it in response to a growing threat called Google+ Hangouts?
Clemens trial: Judge loses temper regarding audio deposition debate
The judge in the Clemens perjury trial seemed annoyed by both the defense and prosecution during the trial's first day.
Chicago allows gun ranges, but with restrictions
The City Council of Chicago has agreed to today Mayor Rahm Emanuel’s ordinance which allowed gun ranges to operate in the city, but with restrictions.
Space Shuttle's Stormy Launch Ahead - 70% Chance of Postponement
The final shuttle launch may be hit by a wave of tropical storms, pushing the possibility of delay up to 70 percent.
Analysis: China trumps Brazil in simmering African showdown
A century ago, it was the explorers and infantrymen of Europe's great powers slugging it out for slices of Africa. Now, it is the agents of Chinese and Brazilian capital, but the competition is just as fierce.
Visa sees lower revenue growth after debit crackdown
Visa Inc , the world's largest card processing network, said revenue growth will slow next year as a result of a U.S. regulatory crackdown on debit card processing fees.
Casey Anthony Verdict 'Not Guilty': Juror Says 'We Were Sick to Our Stomachs'
Casey Anthony juror Jennifer Ford said today that Everyone wonders why we didn't speak to the media right away. She added, It was because we were sick to our stomach to get that verdict. We were crying and not just the women.
Goldman took biggest loan in Fed emergency program
Goldman Sachs, Lehman Brothers, and European banks RBS and UBS were the biggest beneficiaries of very short-term Federal Reserve loans extended at the height of the financial crisis, according to data released on Wednesday.
Space Shuttle Launch On Friday Looking Less Likely
NASA said there is a 30 percent chance that weather WON'T ruin Friday's launch.
EU slams ratings agencies after Portugal downgraded
European politicians accused credit rating agencies on Wednesday of anti-European bias after Moody's downgrade of Portugal's debt to junk cast new doubt on EU efforts to rescue distressed euro zone states without debt restructuring.
Blackstone latest buyout fund now $16 billion: source
Blackstone Group latest private equity fund is now sized at $16 billion, according to a source familiar with the matter on Wednesday, making it one of the largest buyout funds raised in history.
Merrill ordered to pay hedge fund firm $64 million
An arbitration panel ordered a Merrill Lynch clearing unit to pay $63.7 million in damages to California hedge fund manager Rosen Capital Partners LP as compensation for losses during the 2008 financial crisis.