Budget deficit hits record $222.5 billion in February
The U.S. government posted a record monthly budget deficit of $222.5 billion in February as spending growth outstripped revenue gains crimped by tax cuts enacted late last year, the Treasury Department reported on Thursday.
Goldman says group may file rival Lehman plan
Goldman Sachs Group said it is part of a creditor group that may file an alternative plan for dividing up billions of dollars of Lehman Brothers' Holdings assets.
Google's YouTube to boost staff by 30 percent in 2011
YouTube, the popular video site owned by Google Inc, said on Thursday it is adding 200 jobs, boosting its staff by more than 30 percent in its biggest hiring year.
Clearwire CEO Steps Down
Clearwire executive Bill Morrow is leaving the company for personal reasons.
Rajaratnam paid for tips, ex-McKinsey man testifies
A disgraced former McKinsey & Co partner told jurors he leaked secrets about the elite consulting firm's clients in exchange for $1.75 million in hidden payments from onetime friend Raj Rajaratnam, the main defendant in the biggest U.S. insider trading trial in years.
Wal-Mart expands free pick up service across U.S.
Wal-Mart Stores Inc is expanding a program that lets shoppers pick out items online and pick them up in its stores across the United States as it tries to bring people to its stores more often following several quarters of disappointing sales.
Anonymous Threatens To Post Info On Bradley Manning's Guards
Anonymous is giving the U.S. military until Monday to improve its treatment of Bradley Manning, the U.S. army private accused of leaking secrets to Wikileaks, or it will post the personal information of the guards and commanders at the base where he is being held.
Wal-Mart U.S. CEO says business trends improving
Wal-Mart Stores Inc has seen business improve at U.S. stores over the last four weeks, but it is too soon to change the company's forecasts, the head of its U.S. business said on Thursday.
Manchester United boss Ferguson wary of resurgent Arsenal before FA Cup clash
Before his side's crunch FA Cup quarter-final clash with Arsenal, Manchester United manager Sir Alex Ferguson has admitted he is wary of the Gunners saying they have rearranged the pecking order.
Madoff stumble complicates SEC's money pitch
New missteps in response to the epic fraud of Bernard Madoff threatened to undermine the Securities and Exchange Commission's pitch for more money before a trio of congressional committees on Thursday.
Charlie Sheen files $100 million lawsuit against Chuck Lorre and Warner Bros.
Troubled actor Charlie Sheen is trying to take revenge on the corporate trolls who fired him from his hit TV show Two and a Half Men.
Sauber driver Perez edges out Ferrari and Red Bull in F1 final pre-season test
BMW Sauber's Sergio Perez was the surprise leader at the end of the third day of the final pre-season test in Barcelona.
N.J. state computers nearly sold with sensitive data
Child abuse reports, Social Security numbers and other highly sensitive data were discovered on a batch of government computers headed for the auction block to be sold by the State of New Jersey, authorities said on Thursday.
Arsenal boss Wenger brands UEFA a dictatorship
Arsenal manager Arsene Wenger branded European football governing boday UEFA a dictatorship after being charged with improper conduct following his side's Champions League elimination at the hands of Barcelona.
Angry Birds Creator Rovio Gets $42M Investment
Rovio, the creator of the popular Angry Birds game, said it received a $42 million investment from three venture capital firms.
Dow sinks below 12,000 on Saudi, economy fears
Fears about the economy and unrest in Saudi Arabia darkened the outlook for equities on Thursday, pushing major indexes below key technical levels.
Five actors that could play John McCain in Game Change [PHOTOS]
It was recently announced that actress Julianne Moore has been cast to play former governor of Alaska, Sarah Palin, in the upcoming HBO film Game Change. It has not been announced who will play the role of presidential-hopeful, John McCain. Here is a look at five actors that could fit the role.
AOL to cut 20 percent of global workforce: source
AOL Inc will cut more than 900 jobs, or 20 percent of its global workforce, as it struggles to catch up to Google Inc and Facebook.
Space Shuttle Endeavour Prepares For Last Mission
The Space Shuttle Endeavour prepares for its final mission today, moving from the Vehicle Assembly Building to the launch pad.
Macau's Stanley Ho says family dispute resolved
Octogenarian gaming magnate Stanley Ho, chairman of Macau's biggest casino operator SJM Holdings <0880.HK>, said he had resolved a high-profile dynastic tussle played out via a worldwide web audience since January.
Ex-McKinsey partner tells jury he tipped Rajaratnam
A disgraced former partner at McKinsey & Co told jurors he leaked stock tips about the elite consulting firm's clients to Raj Rajaratnam, in dramatic testimony at the biggest U.S. insider trading trial in years.
Apple iPad 2 to go on sale online first
Apple Inc will kick off online sales of its new iPad in the early hours on Friday ahead of its evening store launch of the tablet computer.
Microsoft Xbox Live Marketplace Hacked For $1.2 M
Hackers recently took Micosoft for $1.2 million by stealing Microsoft Points used in the company's Xbox Live Marketplace.
Dow ends worst day in 7 months on Saudi fears
Fears about the economy and unrest in Saudi Arabia darkened the outlook for equities on Thursday, pushing major indexes below key technical levels.
Oil pares losses as Saudi protest heightens worries
Oil recouped most of its deep losses in late trade on Thursday after reports of police firing on protesters in Saudi Arabia revived fears of further unrest in the world's top exporter.
HCA shares rise after biggest U.S. PE-backed IPO
Shares of private equity-backed hospital operator HCA Holdings Inc rose nearly 4 percent in early trading in a strong stock market debut on Thursday, even as the broad market sank.
Rajaratnam tapes played for jurors in N.Y. court
Jurors for the first time heard the voices of accused hedge fund manager Raj Rajaratnam and some of his high-placed friends discussing stocks in wiretapped conversations that authorities argue show he traded illegally on company secrets.
China's cyber abilities worry U.S.: spy chief
China's growing capabilities in cyber-warfare and intelligence gathering are a formidable concern to the United States, the top intelligence official told a Senate panel on Thursday.
Wall Street skids on cloudy technical outlook
Fears about the economy and unrest in the Middle East sent indexes skidding below key technical levels on Thursday as the near-term outlook for stocks grew cloudy.
Raj Rajaratnam tapes played for jurors in N.Y. court
Jurors for the first time heard the voices of accused hedge fund manager Raj Rajaratnam and some of his high-placed friends discussing stocks in wiretapped conversations that authorities argue show he traded illegally on company secrets.