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CEO of the Blackstone Group Stephen Schwarzman speaks during a session at the World Economic Forum (WEF) in Davos January 29, 2010.

Why Stephen Schwarzman's Payday Risks Riling Blackstone Investors

Stephen Schwarzman, the boss of Blackstone, the world's biggest private-equity firm, made his fortune by buying, restructuring and selling companies -- delivering outsized returns for investors. These days, he is getting huge rewards for being the largest shareholder in what is more like an asset manager on steroids.
Storm clouds form near a BP station in Alexandria, Virginia July 19, 2010.

Large BP Crude-Oil Refinery in Washington State Idled Following Fire

BP PLC idled production at its Cherry Point refinery in Washington state on Saturday, a day after a large fire broke out near the core crude oil unit of the third-largest plant on the West Coast. The idling of the plant near Ferndale, Wash., could drive fuel prices higher next week.
Whitney Houston

Whitney Houston Funeral: 'You Weren't Just Good Enough. You Were Great,' Says Kevin Costner

It was a bittersweet moment at the New Hope Baptist Church in Newark, N.J., where friends and family gathered on Saturday, to say their final goodbyes to singer Whitney Houston, who died last week at the Beverly Hilton Hotel in Beverly Hills, Calif. Costner was among those who went to New Hope to send Houston off. He spoke about his similarities with the singer and spoke of about working with Houston. According to Costner, at times she would feel like she was not good enough.
How Did Whitney Houston Die?

Whitney Houston Obituary 1963-2012: Singer Remembered

Born in Newark, N.J., on Aug. 9, 1963, Whitney Houston grew up to become one of the most successful and admired singers of the 20th century. Houston spent her life surrounded by music. She died on Feb. 11, 2012, in Beverly Hills, Calif.
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Unforgettable Groucho Marx

The United States, as most readers and investors know, went through a trying time from 2001 to 2008, and it is only now beginning to recover. Hence, the nation could use a little comic relief. And who better to provide it than, arguably, the greatest comedian of the modern era -- Groucho Marx.
Steven Goldstein (L), chairman and CEO of Garden State Equality, reacts with the bills sponsor New Jersey Senate Majority Leader Senator Loretta Weinberg after the New Jersey State Senate passed the "Marriage Equality and Religious Exemption Act&quot

Gay Marriage Moves Forward in Maryland, Backward in New Jersey

Maryland's House of Delegates on Friday approved by a razor-thin margin a bill that would allow same-sex couples to marry, putting it on the road to joining six other states where gay and lesbian nuptials are legal. The Maryland vote came shortly after New Jersey Gov. Chris Christie vetoed a similar measure.
Democratic presidential nominee Senator Barack Obama (D-IL) speaks to a crowd of supporters during his "Change You Can Believe In" rally at Cashman Field in Las Vegas, Nevada September 17, 2008

Candidate Barack Obama's Slogan: 'Change' May Not Hit Right Note in 2012

Winning The Future. Greater Together. We Don't Quit. They may not be official, but those are all phrases that could in one form or another be candidates to become President Barack Obama's re-election slogan. Currently, his campaign posters simply say, Obama 2012.
2012 Election

Mitt Romney's Struggles Fuel Talk of Brokered Convention

Presidential hopeful Mitt Romney's struggles in Michigan are fueling speculation that Republicans might have to resort to a doomsday scenario and launch a frantic search for a 2012 savior at their nominating convention in late August.
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Cars Without Drivers: Get Ready to See Automated Automobiles on the Open Road

For years, Google has been developing the technology to make automated cars a reality. They've also spearheaded lobbying efforts in Nevada, which just became the first state to approve regulations for testing driverless cars. This gives technology companies an official procedure for taking their self-driven automobiles out on public roads.
Congresswoman Jackie Speier (D-CA) introduced a bill that would make "Do Not Track" an official law.

FBI and Homeland Security Monitoring Social Media: Stop it!, Says California Congresswoman

While the FBI looks to hire app developers to help them snoop around social media sites, the Department of Homeland Security is monitoring blogs for signs of domestic terrorism. Jackie Speier, a San Francisco Bay Area based Congresswoman is demanding they stop. She said as much during a Homeland Security Subcommittee on Counterterrorism and Intelligence meeting Feb. 16.
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New Diet Pill Qnexa Awaits FDA Approval: 3 Things To Know

Qnexa, a new diet pill, will be the first new diet pill in 13 years if it gets approved by the Food and Drug Administration (FDA). The drug was previously rejected by the FDA in 2010 due to concerns of safety. Qnexa manufacturers are now presenting additional material to argue their case. Here are three things to know about the new diet pill, Qnexa.
Brittanee Drexel Missing Since 2009

Brittanee Drexel: Raymond Moody New Person of Interest in 2009 Disappearance

Brittanee Drexel, a-17-year-old girl on spring break in Myrtle Beach, disappeared in 2009. It will be three years on August 25 since the New York teen disappeared from outside her hotel on Ocean Boulevard in Myrtle Beach. Police are now naming convicted sex offender Raymond Moody, 51, as a person of interest in the police classified “cold case.”
Realtor Mac McCollum stands in front of a foreclosed home in Bullhead City, Arizona

Rampant Foreclosure Abuses Suspected Across U.S.

A report this week showing rampant foreclosure abuse in San Francisco reflects similar levels of lender fraud and faulty documentation across the United States, say experts and officials who have done studies in other parts of the country.
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Oracle, SAP Face June Retrial or a Long Wait

A U.S. judge intends to schedule a retrial for this June between Oracle Corp and SAP AG over copyright infringement allegations, according to a court filing.

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