Treasury: can't say China a forex manipulator
China's yuan currency remains substantially undervalued and should be permitted to appreciate more rapidly but there isn't enough evidence to conclude that Beijing deliberately manipulates its value, the U.S. Treasury department said on Friday.
Fed's John Williams: recovery has achieved liftoff
The pace of economic recovery has reached escape velocity from the worst recession in decades, though the nation may not return to full employment until 2014, a top Federal Reserve researcher said on Friday.
Psychiatrist reveals how to spot another Bernie Madoff
Forensic psychiatrist Gerald Bryant details the personality traits of Bernie Madoff-like of Ponzi schemers.
Corning makes upbeat glass forecast, shares rise
Corning Inc is looking to boost sales of its glass more than 50 percent by 2014, banking on the popularity of tablets and smartphones, which helped boost its shares 3.5 percent on Friday.
BofA creates foreclosure unit
Bank of America Corp appointed on Friday a new foreclosure and loan modifications czar, and created a new unit to oversee problem home loans in a bid to sort out its on-going foreclosure issues, becoming the first large U.S. bank to do so.
Cisco investors wary over rivalries and public debt
No longer Wall Street's top over-achiever, network equipment maker Cisco Systems Inc must persuade wary investors it can fight off rivals such as Hewlett-Packard Co and soothe concerns about public sector spending cuts.
32 Percent Say They Have Tried To Steal Wi-Fi
According to a recent survey, Wi-Fi borrowing is up 18 percent from December 2008.
S&P 500 posts best week in nine
The S&P 500 posted its best week in nine on Friday as the market defied calls for a pullback, and investors rotated into defensive and lagging sectors in a move that could intensify in coming weeks.
SEC warns budget threats give swindlers upper hand
Tighter budgets at the Securities and Exchange Commission could mean killing vital technology upgrades needed to catch swindlers, the agency's chief said on Friday in a blunt appeal for more funding.
Flash crash panel mulls big market changes
Experts trying to figure out how to avoid another flash crash are considering big changes to the U.S. stock marketplace, and one is recommending special rebates during times of stress and a crackdown on off-exchange dark trading.
Fed's John Williams: recovery has achieved liftoff
The pace of economic recovery has reached escape velocity from the worst recession in decades, though the nation may not return to full employment until 2014, a top Federal Reserve researcher said on Friday.
NY Mets owners sued over Madoff's Ponzi scheme
The owners of the New York Mets were accused of reaping $300 million of fictitious profits from Bernard Madoff's record Ponzi scheme, a lawsuit by the trustee seeking money for Madoff's victims said.
“Dating Website” Pulls 250,000 Facebook Profiles
The media artists, Paolo Cirio and Alessandro Ludovico, say they used customized software to take Facebook data and eventually create a dating website.
Slim's Telcel pitches new fee proposal to rivals
Telcel, the commercial brand of tycoon Carlos Slim's cell phone giant America Movil, proposed new, lower fees for its rivals to connect to the company's massive network in Mexico on Friday.
U.S. stocks rise, despite conflicting U.S. jobs data and continued Middle East turmoil
U.S. stocks, led by insurer Aetna, finished the day strong amid a conflicting U.S. jobs report from the Dept. of Labor.
Outgunned by Wall Street, SEC warns of fraud
Tighter budgets at the U.S. Securities and Exchange Commission could mean killing vital technology upgrades needed to catch swindlers, the agency's chief said on Friday in a blunt appeal for more funding.
SAC's lower returns may ignite pushback on fees
Steven A. Cohen, whose hedge fund firm SAC Capital Advisors has drawn scrutiny in a federal insider trading probe, may be facing a more pressing problem: diminishing returns.
Android Market Could Open Phone To Hackers
Researchers at Sophos, a computer security firm, have found that apps from the Android Market automatically download to a mobile device once the user chooses the app on the Web site, leaving users open to some types of attack.
Does Verizon's iPhone sale prove efficient market hypothesis?
Analyst Kim Caughey Forrest says Verizon's record sale of iPhones today was old news before it even happened.
New bonus rules may strip U.S. banks of advantage
Public furor over bankers' pay seems to be abating in the United States but is still strong in Europe, which could give American banks an edge in recruiting staff around the world.
Verizon halts iPhone orders after record first day
Verizon Wireless ended online sales of Apple Inc's iPhone on Thursday evening, after beating its previous launch-day phone sales record in just two hours.
NY Mets owners hit with $300 million Madoff lawsuit
The owners of the New York Mets baseball team turned a blind eye to Bernard Madoff's Ponzi scheme and should give up roughly $300 million of fictitious profits tied to the now imprisoned swindler, a lawsuit charges.
Q&A: Egypt-U.S. relations and stability concerns
The following is an edited interview with Ellen Lust, a professor of political science at Yale University
Stocks end up as indexes gain on the week
Stocks ended higher on Friday and the S&P 500 posted its best week in nine as the market defied calls for a pullback.
Aetna sees 2011 ahead of Street
Health insurer Aetna Inc forecast 2011 earnings at least 13 percent above Wall Street's target on Friday and dramatically increased its dividend to the highest in the industry, sending its shares up more than 10 percent.
EU states frustrated by Paris, Berlin summit deal
Germany and France tried to win backing for a pact to strengthen the euro zone economy on Friday, but many other EU states were angered by what they saw as a 'fait accompli' and the measures contained in it.
Feds Ensure Super Bowl Won’t Be Streamed On The Web
The U.S. Immigration and Customs Enforcement's (ICE) Homeland Security Investigations (HIS) seized several websites that were illegally streaming sporting events over the Internet.
Mets owners scored millions in Madoff scheme: lawsuit
The owners of the New York Mets were accused of reaping $300 million of fictitious profits from Bernard Madoff's record Ponzi scheme, a lawsuit by the trustee seeking money for Madoff's victims said.
Pulte pretax loss narrows
No. 2 U.S. homebuilder PulteGroup Inc's quarterly pretax loss narrowed and said its underlying business is operating at about a break-even level.
Mets owners accused of reaping $300 million from Madoff scheme
The owners of the New York Mets were accused of reaping $300 million of fictitious profits from Bernard Madoff's record Ponzi scheme, a lawsuit by the trustee seeking money for Madoff's victims said.
