Two money managers who oversaw investments for Carnegie Mellon University and other institutions were arrested on Wednesday on charges of running an estimated $550 million, decade-long swindle, the latest in a wave of big financial fraud cases.
although that part of the law is seen as something of a gray area.
Still, the mood at Wednesday's annual meeting was casual. Shareholders joined in a Happy Birthday chorus for Jobs, who was absent but turned 54 on Tuesday.
In 2004, Jobs was treated for a rare type of pancreatic cancer. He appeared gaunt at an Apple event in June 2008, touching off speculation that his cancer had returned. The...
although that part of the law is seen as something of a gray area.
Still, the mood at Wednesday's annual meeting was casual. Shareholders joined in a Happy Birthday chorus for Jobs, who was absent but turned 54 on Tuesday.
In 2004, Jobs was treated for a rare type of pancreatic cancer. He appeared gaunt at an Apple event in June 2008, touching off speculation that his cancer had returned. The...
Apple's chief executive Steve Jobs remains deeply involved in company decisions despite relinquishing control over daily operations, company executives said on Wednesday.
Apple Inc's chief executive Steve Jobs remains deeply involved in company decisions despite relinquishing control over daily operations, company executives said on Wednesday.
Apple's chief executive Steve Jobs remains deeply involved in company decisions despite relinquishing control over daily operations, company executives said on Wednesday.
Facing a prolonged recession and drought in consumer spending, Apple has been unable to shake questions regarding the future of its charismatic CEO, who has been on medical leave and out of public view for more than a month.
J...
management can say, 'The paper still came out every day ... we still have some fat left to cut,' said Jim Hopkins, a former Gannett journalist who now writes a blog about the company.
Cornell's Blau agreed furloughs could offer employers a way to experiment with lower staffing while they're waiting for the economy to determine how much further they'll have to cut.
Still, I don't think...
U.S. newspapers have done it. California police have too. Governments in California, New Jersey and Ohio say it will save the budget. Forcing workers to take unpaid time off is a new version of the American layoff.
An eagerly awaited NASA satellite failed to reach orbit Tuesday after the rocket carrying it crashed shortly after liftoff from California's Vandenberg Air Force Base.
By Jonathan Stempel
NEW YORK - JPMorgan Chase & Co, the second-largest U.S. bank, slashed its common stock dividend 87 percent on Monday, a surprise move by a lender considered among the strongest in the U.S. financial sector.
The bank also said it has been solidly profitable this quarter, and that the outlook for the three-month period is roughly in line with analyst forecasts. Sha...
NRG Energy Inc. announced on Monday a deal with eSolar to develop solar power plants with the capacity to power 400,000 homes at sites in California and the Southwest United States.
JPMorgan Chase & Co , the second-largest U.S. bank, slashed its common stock dividend 87 percent on Monday, a surprise move by a lender considered among the strongest in the U.S. financial sector.
The bank also said it has been solidly profitable this quarter, and that the outlook for the three-month period is roughly in line with analyst forecasts. Shares rose 5.5 percen...
JPMorgan Chase & Co, the second-largest U.S. bank, slashed its common stock dividend 87 percent on Monday, a surprise move by a lender considered among the strongest in the U.S. financial sector.
Southern California Edison will not be able to pass on to its customers up to $30 million in costs to join a study of whether petroleum coke, an oil refinery byproduct, can be turned into a clean, low-carbon fuel for power plants.
A U.S. appeals court ruled Friday that a California law restricting the sales and rental of violent video games to minors and imposing labeling requirements is too restrictive and violates free speech guarantees.
The Ninth U.S. Circuit Court of Appeals found that the labeling requirement unfairly forces video games to carry the state's controversial opinion about which games are violent.
Th...
A U.S. appeals court ruled on Friday that a California law restricting the sales and rental of violent video games to minors and imposing labeling requirements is too restrictive and violates free speech guarantees.
The Ninth U.S. Circuit Court of Appeals found that the labeling requirement unfairly forces video games to carry the state's controversial opinion about which games are violent.
...
A U.S. appeals court ruled on Friday that a California law restricting the sales and rental of violent video games to minors and imposing labeling requirements violates free speech guarantees.
The Ninth U.S. Circuit Court of Appeals found that the labeling requirement unfairly forces video games to carry the state's controversial opinion about which games are violent.
The 2005 law, which re...
California lawmakers approved on Thursday a state budget package to close a $42 billion deficit, ending a lengthy standoff with a slate of bills that aim to raise taxes, slash spending and increase borrowing with Gov. Arnold Schwarzenegger's signature.
Stocks fell in choppy trading on Thursday, putting the Dow within striking distance of fresh bear-market lows as investors fretted over the deteriorating economy and the fate of ailing financials.
Reports showing a record high in the number of workers continuing to claim jobless benefits in the first week of February and sharp contraction in factory activity in the Mid-Atlantic region depicted an...
Remember the Alamo? Well, along with that veteran icon of downtown San Antonio are several other historical and captivating missions in nearby San Antonio...
Billionaire Warren Buffett's Berkshire Hathaway Inc reduced stakes in health-care company Johnson & Johnson and consumer products company Procter & Gamble Co.
NEW YORK - Stocks dipped in choppy trading on Wednesday as data pointing to yet more weakness in housing suggested the recession is worsening, offsetting a search for bargains following Tuesday's big market slide.
Data showed U.S. housing starts and building permits dropped to record lows in January, with construction plans scrapped as unsold houses stood empty.
Drags included shares of financ...
