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Kevin O'Neill hired by USC as new basketball coach

Kevin O’Neill, the former Arizona interim coach replaces Tim Floyd as the USC's basketball coach, the school announced today on its website.

U.S. states seek to join feds in AIG bonus probe

U.S. states probing employee bonuses paid by American International Group Inc using taxpayer money plan to join federal investigators in the matter, while leaving open the possibility of pursuing the case themselves.

Eleven states ask TARP chief for AIG bonus probe

Eleven U.S. states on Friday called for a deeper probe into the $165 million of bonuses that American International Group Inc awarded employees in a unit whose losses led to a federal bailout of the insurer.

U.S. homes recovery distressingly slow

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8 Top Travel Experiences for Horse Lovers

It’s easy for avid equestrians to add some horseback riding into almost any trip - you can even ride horses in New York’s Central Park. But why not experience something more than a simple follow-the-leader trail ride? These trips each offer something more for horse lovers.

About 12 percent of U.S. homeowners late paying or foreclosed

One of eight U.S. households with a mortgage ended the first quarter late on loan payments or in the foreclosure process in a crisis that will persist for at least another year until unemployment peaks, the Mortgage Bankers Association said on Thursday.

1 in 8 U.S. homeowners late paying or in foreclosure

Gas prices rise ahead of holiday

The retail price of gasoline rose on Friday ahead of the Memorial Day holiday weekend.

H1N1 virus spreads in Asia

The spread of the new H1N1 virus in Asia showed no signs of slowing Thursday as the Philippines recorded its first case and new infections were confirmed in Japan, China and Taiwan.

Greenspan sees

Former Federal Reserve Chairman Alan Greenspan said on Tuesday that

Greenspan sees seeds of bottoming for U.S. housing

Former Federal Reserve Chairman Alan Greenspan said on Tuesday that the seeds of a bottoming in plunging U.S. home markets were becoming visible.

Natural Gas Weekly Update -May 7

Natural gas spot prices rose this week at almost every market location, with increases generally ranging between 10 and 30 cents per million Btu (MMBtu).

Some Americans clamor to try wind power at home

The idea of wind turbines churning out free electricity alongside every home and office building has appeal, judging by the throngs around community wind purveyors at a Chicago wind power convention this week.

Gov't eyes public land for green energy in 2010

Wind and solar energy projects currently proposed for lands owned by the Department of the Interior's Bureau of Land Management will be ready for construction by the end of 2010, Secretary of the Interior Ken Salazar said.

RIM chief bids for NHL's Coyotes

Jim Balsillie, the co-chief executive of Canadian smartphone maker Research in Motion, is trying to import a professional hockey team to Canada for the third time in a move that looks likely to put him on a collision course with the National Hockey League.

BlackBerry chief bids for NHL's Coyotes

Jim Balsillie, the co-chief executive of Canadian smartphone maker Research in Motion, wants to import a hockey team up North.

How Banks Become Condo Rental Agents

Last month in a Boston foreclosure sale, John Hancock Tower Lenders Took, a 65% Haircut In 3 Years . Boston is back in the news today with another foreclosure auction. This time it's condo related, with Chorus Bank in the thick of things.

Nissan, Seattle Partner to Promote Electric Car Infrastructure

Nissan North America on Tuesday announced a partnership with the City of Seattle on Wednesday to promote the development of electric car infrastructure, as it plans similar promotions in other cities and regions ahead of its own car launch in 2010.

EPA withdraws permit for massive Navajo coal plant

U.S. environmental regulators said they have withdrawn a permit for a massive coal-fired power plant that had been scheduled to be built on the Navajo Nation to send electricity to populated areas to the West.

What cereal are you? Job interview queries on Web

When is it OK to lie? What would you do with 100 Christmas trees in July? If you were a cereal, what kind would you be?

Zions Bancorp has big loss

Zions Bancorp on Monday posted a big quarterly loss because of a write-down and commercial real estate losses, prompting Moody's Investors Service to downgrade it deep into junk status and warn that the large western U.S. bank could become undercapitalized.

Bank closures in 2009 already match 2008 total

Regulators closed banks on Friday in Missouri and Nevada, bringing the total of U.S. bank failures this year to 25 and matching the number that failed throughout all of 2008, as the struggling economy and falling home prices take their toll on financial institutions.

U.S. names ex-Justice official as U.S.-Mexican border czar

The Obama administration on Wednesday named a former U.S. Justice Department official who was border czar during Bill Clinton's presidency to lead its efforts to crack down on drug-related violence along the U.S.-Mexican border.

One in 8 U.S. households late paying or in foreclosure

One in every eight U.S. households, a record share, ended 2008 behind on their mortgage payments or in the foreclosure process as job losses intensified a housing crisis spawned by lax lending practices, the Mortgage Bankers Association said on Thursday.