Credit card executives see sunny days ahead
MIAMI BEACH, Florida For the first time in years, U.S. credit card executives are looking beyond the losses of the financial crisis -- and they're even losing less sleep over the prospect of tighter government oversight.
Sony suffers second major user data theft
Sony disclosed on Monday hackers had stolen the names, addresses and passwords of nearly 25 million more users than previously known less than a day after the Japanese company apologized for one of the worst break-ins in Internet history.
Credit standards easing, loan demand up: Fed survey
Small businesses and consumers were wary about taking advantage of easier credit in the first quarter, but loan demand among large firms grew, the Federal Reserve said in a report on Monday that showed credit markets thawing unevenly.
Greenlight Capital invests in Yahoo
Greenlight Capital, the hedge fund run by investor David Einhorn, acquired a significant long position in Yahoo Inc during the first quarter, citing Yahoo's most valuable asset as its stake in China's Alibaba Group.
Apple shares shrug off rebalancing of Nasdaq-100
Apple Inc is no longer the titan taking up more than one-fifth of the Nasdaq 100 Index, but it's still going to find plenty of buyers.
Nortel gets court nods for Google's stalking horse
Nortel Networks Corp, the fallen Canadian telecom giant, said it had received court approvals for the stalking horse bid made by a unit of Google Inc for its portfolio of technology patents for $900 million.
Morgan Stanley loses six advisers to competitors
Morgan Stanley Smith Barney has lost six advisers overseeing more than $1 billion of client assets to competitors.
Nasdaq tightens vise on NYSE, but questions remain
Nasdaq OMX Group and IntercontinentalExchange Inc will take their takeover bid for NYSE Euronext straight to the Big Board's shareholders as they try to corner the company into talks.
Lawyer to money manager Ken Starr pleads guilty
A former lawyer for a large U.S. law firm pleaded guilty on Monday to conspiring to launder almost $19 million for his onetime client Kenneth Starr, a money manager known for representing celebrities.
Nasdaq to go hostile with NYSE bid
Nasdaq OMX Group and IntercontinentalExchange Inc will take their takeover bid for NYSE Euronext straight to the Big Board's shareholders as they try to corner the company into talks.
DNA Testing Used To Verify Bin Laden's Death
DNA testing was used to verify bin Laden's death, according to several news reports.
Crisis-hit Saab finds funds, hopes to start output
Ailing car maker Saab has lined up almost 60 million euros ($88.9 million) in funds to restart production after a month of stoppages and has reached a deal with a Chinese partner, Dutch owner Spyker said on Monday.
Sony unit shuts down service after April break-in
Sony Online Entertainment has temporarily shut down its online games service and its Facebook games after discovering the April break-in that led to the theft of 77 million user accounts also affected its system.
Raj Rajaratnam has infected foot, absent as jury meets
Hedge fund founder Raj Rajaratnam had foot surgery and did not appear in court on Monday while jurors deliberated for a sixth day in his insider trading trial without reaching a verdict.
Fed survey: credit standards easing, loan demand up
Small businesses and consumers were wary about taking advantage of easier credit in the first quarter, but loan demand among large firms grew, the Federal Reserve said in a report on Monday that showed credit markets thawing unevenly.
Osama Bin Laden Profile: Birth to Death [INFOGRAPHIC]
On May 1st, US Navy seals killed Osama Bin Laden in a mansion located in Abbotabad. His body was later buried in the sea.
High oil prices boost airplane demand: Boeing CEO
The global airline industry so far is resilient to soaring fuel costs, and carriers are showing strong demand for newer, more fuel-efficient planes, the chief executive of Boeing Co said on Monday.
Osama’s Death Sets Twitter Record
During peak times, there were nearly 6,000 tweets per second on the death of Osama Bin Laden.
Bin Laden Raid Tweeter's Blog Hit By Malware
The blog run by the man who first tweeted the raid on Osama bin Laden's compound was infected by an exploit kit, according to researchers at Websense.
Bin Laden rally gives way to long-term doubts
U.S. stocks slipped on Monday, as an early bounce on Osama bin Laden's death gave way to questions around the longevity of the market's recent rally.
Factories hold up despite slower growth
Business at U.S. manufacturers grew a bit more slowly for a second straight month in April but their costs rose to the highest level in nearly three years, an industry report showed on Monday.
RIM launches new BlackBerry Bold smartphone
Research In Motion showed off a new version of its BlackBerry Bold phone with upgraded software on Monday, aiming to regain its stride after last week's profit warning and other recent stumbles.
Abandoned Bin Laden Home in Florida on Sale for $2 Million
Once the residence of Osama bin Laden’s brother, Khalil Bin Laden, this home located in Oakland, Florida is currently listed at $2 million.
Amid Furious Competition, RIM Gives Blackberry 4G, NFC
Research In Motion unveiled two new Blackberry phones, which come with 4G, NFC and augmented reality.
The Royal Wedding: Kate Middleton's evening dress [PHOTOS]
The highly anticipated Royal Wedding has come and gone. William and Kate are now a married couple.
Fed survey: loan demand gains largest from big firms
Gains in loan demand were more pronounced from big firms than at smaller ones in the first three months of 2011, the Federal Reserve said on Monday, in a report showing headwinds to the economic recovery.
Osama bin Laden buried at sea - Islamic scholars divided over propriety
The hurried burial of Osama bin Laden's body at sea, which U.S. officials claim was done in accordance with Muslim rituals and practice, has angered some Islamic scholars even as others said the Americans did the right thing.O
Stocks flat after initial rise on bin Laden death
Stocks were little changed on Monday as a bounce on news of Osama bin Laden's death gave way to returning worries about geopolitical risk.
Nasdaq and ICE going hostile in bid for NYSE
Nasdaq OMX Group and IntercontinentalExchange Inc will take their $11.1 billion takeover bid for NYSE Euronext straight to the exchange operator's shareholders with a tender offer.
News Organizations Mix Up Obama and Osama
During the rush for news, a few news organizations made a huge mistake regarding the death of the terrorist.