Government default would be calamitous: FDIC's Bair
A senior U.S. banking regulator urged Congress to raise the federal debt ceiling to prevent a calamitous government debt default.
Wall St extends gains, Nasdaq at session high
Stocks extended their gains on Thursday, with the Dow turning positive and the Nasdaq hitting a session high despite some discouraging data earlier.
Apple Settles With Teen Who Sold White iPhone Kits
Apple has settled a lawsuit with a New York City teenager who sold more than $130,000 worth of unauthorized white iPhone conversion kits.
Sloppy recycling poses threat to green tech: report
The green technology industry was warned on Thursday that its growth is threatened by a failure to recycle metals and especially rare earth elements.
Nasdaq's failed NYSE bid a brief interlude: CEO
Nasdaq OMX Group's <NDAQ.O> failed bid for long-time rival NYSE Euronext <NYX.N> was a brief interlude for management and a disappointment, and now the exchange is moving on, its chief executive said on Thursday.
Authorities to release list of missing people from Joplin Tornado
Authorities in Joplin, Mo., will release a list of people still missing after Sunday's deadly tornado.
Rape Cops Acquitted
NYPD Officers accused on rape found not guilty, convicted of misconduct
Condé Nast, Port Authority Officially Announce One World Trade Center Lease
On Wednesday, the Port Authority of New York and New Jersey officially announced a deal with publisher Condé Nast to make the company the primary tenant of One World Trade Center.
Arab Web clampdown hurts own economies: Google's Schmidt
Arab leaders were wrong to block Internet access in an effort to quell popular revolts as such moves only hurt their own economies, Google Chairman Eric Schmidt said on Thursday.
Corporate profits drop in Q1, GDP unrevised
Corporate profits in the U.S. unexpectedly contracted in the first quarter to record their first decline in more than two years and the economy grew at the same pedestrian pace as previously estimated, a government report showed on Thursday.
Google Wallet and Google Offers debut, rivaling Paypal and Groupon
Thursday, Google officially announced the debut of Google Wallet and Google Offers mobile payment services, which could potentially threaten rival services such as Paypal, credit cards, and Groupon.
Will Brandon Belt spark Giants? Sandoval coming back? Posey injury silver lining
Buster Posey, the San Francisco Giants' star catcher and last year's NL Rookie of the Year, sustained a serious injury last night in the Giants' loss to the Florida Marlins last night, 7-6 in twelve innings.
Hedge fund star Einhorn calls for Microsoft's Ballmer to go
Influential hedge fund manager David Einhorn has called for Microsoft Corp Chief Executive Steve Ballmer to step down, saying the world's largest software company's leader is stuck in the past.
UBS may relocate investment bank outside Switzerland
UBS is planning to relocate its investment bank outside Switzerland, the Wall Street Journal said, to side-step tough new local bank regulations and better deploy its capital.
Oil falls as U.S. growth data disappoints
Oil fell back on Thursday as disappointing U.S. economic data and renewed euro-zone debt worries stoked fresh oil demand concerns.
Mac Defender And Windows Malware May Be From Same Author
The malware that has been making the rounds of Macintosh computers in the last few weeks may have a similar author as a Windows-based scareware that appeared at about the same time.
Wall Street falls on signs of economic slowdown
Stocks fell on Thursday following a rise in weekly jobless claims that added to concerns about an impending economic slowdown, while Goldman Sachs lowered its forecast for the S&P 500 index.
Watch Tom Jones perform It's not Unusual on the “American Idol” stage [VIDEO]
Last night's American Idol finale featured some of the biggest stars in the music business rocking the stage.
Joplin Tornado Victims, City 'Must Come Together' in Aftermath of Monstrous EF-5 Tornado
The search for victims is continuing unabated on Thursday, just days after a massive tornado struck Joplin, Missouri, a city of 50,000 and killed 125 in the latest death toll count.
Mets sell minority stake in ownership
The New York Mets sold less than 49 percent of the team to David Einhorn, president of Greenlight Capital Inc.
Economy struggling to regain speed
Unexpectedly weak consumer spending kept the economy stuck in a slow growth gear in the first quarter and would likely struggle to regain speed amid signs of a slowdown in the pace of job creation.
New York Ends Practice of Scrubbing Regents
One month before Regents exams begin, New York State education officials have decided to end the practice of rescoring tests to turn a just-failing grade into a passing grade.
Amazon offers Lady Gaga's Born This Way album for $0.99 again
Amazon is once again offering Lady Gaga's Born This Way album for $0.99 after its initial offer on Monday brought down its servers due to heavy demand.
Instant view: Jobless claims up; GDP unrevised
New U.S. claims for unemployment benefits unexpectedly climbed to 424,000 last week from a revised 414,000 in the prior week, pointing to a painfully slow improvement in the nation's job markets.
Jets may hold camp at NJ headquarters
The New York Jets may not hold their training camp on the campus of SUNY-Cortland, in upstate New York, because of the lockout, instead training at their headquarters in Florham Park, New Jersey.
Ancient Predator Lasted Longer Than Thought
A lobster-like animal that was the biggest predator of its kind survived much longer and gota lot bigger than anyone thought.
Concert Review: Cars prove to be more than a nostalgia band
Wait ... it looks like somebody pushed it live.
Los Angeles to top electric vehicle adoption in United States
Los Angeles will be a U.S. leader in electric vehicle adoption, according to a new study published by the UCLA Luskin Center for Innovation.
Lenovo quarterly net profit more than triples
Lenovo Group Ltd, the world's No.4 PC brand, more than tripled its fourth-quarter net profit, beating forecasts on robust demand from commercial customers and making up for a slowdown in the consumer sector.
Smart gets justice at last: Rapist street preacher Mitchell gets life sentence
Fifty-seven year old Brian David Mitchell, who had kidnapped Elizabeth Smart in 2002 and had repeatedly raped her while holding her captive for 9 months, was sentenced to life imprisonment by a federal judge on Wednesday.