Top M&A law firms at center of new insider case
A lawyer and a trader were accused by federal prosecutors of running a 17-year conspiracy to trade on corporate merger secrets stolen from three of the nation's most powerful law firms, in one of the largest U.S. insider trading cases on record.
Bed Bath FY target tops estimates; shares soar
Bed Bath and Beyond Inc forecast earnings growth for the current year that would beat Wall Street estimates, following a holiday season that saw U.S. shoppers spend more on home goods, and its shares jumped 9 percent.
NGP Release Going As Planned, Says Sony
The statement counters a previous statement made by Sony America president Jack Tretton, who yesterday said that Sony may be forced to stagger the release of their next portable to keep with demand.
Former Gucci Employee Indicted For $200,000 Hack
A former Gucci network engineer is being indicted for costing the company $200,000 through hacking into its servers.
Microsoft, Toyota team up on digital auto network
Microsoft Corp and Toyota Motor Corp unveiled a plan on Wednesday to work together on bringing internet-connected services to Toyota's cars.
NYSE unswayed by Nasdaq bid
NYSE Euronext believes that any kind of merger with Nasdaq OMX -- whether the Big Board were the buyer or the seller -- makes little strategic sense, and antitrust regulators would block it, according to a source close to the company.
Instant view: Portugal says it needs EU aid
Portugal's caretaker government said on Wednesday it needs financing from the European Union, marking a turnaround after resisting asking for aid for months despite sharply deteriorating financial conditions.
S&P breaks above technical resistance on light volume
The S&P 500 inched forward on relatively light volume on Wednesday, with investors adding selectively to winning positions, this time in technology, avoiding large bets ahead of earnings.
Champions League - Was Ancelotti right to substitute the spirited Drogba instead of Torres?
Many eyebrows were raised in the first leg of the quarter final between Chelsea and Manchester United when Chelsea manager Carlo Ancelotti substituted the effective Drogba for the out of sorts Torres.
In U-turn, Portugal requests EU financial aid
Portugal's caretaker government said on Wednesday it had decided to seek financing from the European Union in an abrupt turnaround after resisting a bailout for months despite sharply deteriorating financial conditions.
NYSE unswayed by Nasdaq; antitrust in spotlight
An NYSE Euronext merger with Nasdaq OMX makes little strategic sense whether the Big Board were the buyer or the seller, and antitrust regulators would likely block it, according to a source close to NYSE.
Wall St edges up, led by tech shares
Technology stocks led Wall Street slightly higher on Wednesday after comments from Cisco's chief executive bolstered optimism about the networking giant.
Microsoft, Toyota Teaming Up To Bring Internet to Cars
The two companies announced today a plan to bring internet-connected functionality to Toyota’s upcoming line of electric and hybrid vehicles.
Anonymous Launches DDoS Attack On Sony
The hacker collective Anonymous has made good on its threat to attack Sony, having launched a distributed denial-of-service attack on Wednesday afternoon.
Britney Spears' Femme Fatale debuts at No. 1
Britney Spears' album Femme Fatale debuted No. 1 on the Billboard 200 chart, putting Spears in a tie for the third most No. 1 albums among women.
S&P 500 index edges higher on light volume
The S&P 500 index inched upward on relatively light volume on Wednesday, with investors adding to winning positions in technology stocks, but avoiding large bets ahead of corporate earnings due next week.
Oil hits 2-1/2-year peak; gains seen slowing
Brent crude oil prices rose to a 2-1/2-year high above $123 a barrel on Wednesday before erasing the majority of gains in volatile trade as market players fretted the recent rally was overdone.
News Anchor Tricked Into Licking iPad (VIDEO)
Watch an April Fools Day joke
Wall Street edges up, led by tech shares
Technology stocks led Wall Street slightly higher on Wednesday after comments from Cisco's chief executive bolstered optimism about the networking giant.
Leaders see signs of hope in budget talks
U.S. congressional leaders saw signs of hope on Wednesday for a budget deal that would cut billions of dollars in spending in time to prevent a government shutdown.
Corrected: Wall Street edges up, led by tech shares
(Corrects quote in paragraph 8)NEW YORK - Technology stocks led Wall Street slightly higher on Wednesday after comments from Cisco's chief executive bolstered optimism about the networking giant.
Buffett wants for answers: Is board providing them?
Warren Buffett should be directly responding to the unprecedented criticism he is facing over the behavior of his one-time heir apparent, but experts fear he is being hampered by a lack of corporate management or board depth.
In U-turn, Portugal says needs EU aid
Portugal's caretaker government said on Wednesday it had decided to seek financing from the European Union in an abrupt turnaround after resisting a bailout for months despite sharply deteriorating financial conditions.
Shutdown Watch: Talks Stalled Over Non-Budget Elements
President Barack Obama and allied Senate Democrats are sparring with House Republicans on non-budget related items attached to a budget measure that would keep the government funded for the rest of the fiscal year and avoid a shutdown of non-essential government services.
Livejournal Hit With DDoS Attack; Some Blame Russian Gov't
Livejournal, the popular blogging site, is has been reporting distributed denial of service attacks over the last week, and some are blaming the Russian government.
Dell Consolidates In Silicon Valley
Dell is opening up a new research and development facility in Santa Clara, Calif.
Markets weigh two U.S. shutdowns: 1 bad, 1 awful
Investors are facing two possible U.S. government shutdown scenarios, one of limited impact on markets, and another so potentially devastating that analysts are struggling to fully assess it.
As government shutdown looms, taxman still knocks
As the U.S. government moves to the brink of a shutdown with budget talks stalled, taxpayers should remember one thing as tax day nears: tax collection may be considered essential.
Bristol Palin paid more than $200,000 as abstinence ambassador
Us Weekly is reporting that Bristol Palin made $262,000 as an abstinence ambassador. Palin made the money as the Candie's Foundation's spokeswoman.
Two charged in insider case tied to M&A law firms
A corporate lawyer and a trader were charged Wednesday with running a 17-year conspiracy to trade on corporate merger secrets stolen from three of the nation's most prominent law firms, in one of the largest U.S. insider trading cases on record.