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Berkshire, Goldman Names Surface in Rajat Gupta Case

Former McKinsey chief and ex-Goldman Sachs director Rajat Gupta (C) exits the Manhattan Federal Court with his lawyers after attending a pre-trial hearing on insider-trading charges in New York January 5, 2012.
The names of a top executive at Berkshire Hathaway Inc. and a board member at Goldman Sachs Group Inc. surfaced on Friday as potential witnesses in the insider-trading trial of Rajat Gupta, a former director of Goldman, the Procter & Gamble Co., and other companies.
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Apple Allows FLA Inspectors on its China Assembly Plants

Apple Not Turning Blind Eye to Supply Chain Problems: CEO

Apple Inc. has never turned a blind eye to the problems in its supply chain, and any suggestion it does not care about the plight of workers is patently false, Apple Chief Executive Tim Cook said in an e-mail to employees.
U.S. Attorney General Eric Holder

Eric Holder Launches Probe into Mortgage-Backed Securities Fraud

U.S. Attorney General Eric Holder Friday announced the formation of a task force focused on probing residential mortgage-backed securities following President Barack Obama's call for a unit to probe the finance industry's conduct leading up to the financial crisis.
Demi Moore

Demi Moore 911 Call: Listen and Read Full Transcript Here [AUDIO]

The redacted tape of the 911 phone call for Demi Moore was released by Los Angeles Officials on Friday in which Moore is described as convulsing, semi-conscious and burning up. Here is a full transcript of Demi Moore's 911 call on Monday. Some of the words are inaudible. You can also listen to the audio of the call.
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Bronx Toddler's Death Ruled a Homicide

The case of the one-year-old boy who died in the care of his mother's boyfriend has been ruled a homicide by the New York City medical examiner.
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Hedge Fund Bridgewater Assoc. Betting on Gold

The world's biggest hedge fund Bridgewater Associates posted returns of 23 percent in 2011, in a year when most of its peers underperformed the major stock market indexes, the New York Times reported, citing people familiar with the firm's investment strategy.
President Obama

Natural-Gas Fracking Embraced in Obama's Energy Plan

President Barack Obama made natural gas a central part of the energy plan he detailed in his State of the Union address, taking a firm stance in a highly polarized debate about the method for extracting the fuel.
NASDAQ Market Site in New York's Times Square

U.S. Stocks Fall after GDP Data Hints are Weak Q1

U.S. stocks fell on Friday after data showed the U.S. economy grew less than expected in the fourth quarter, while weak earnings from Ford and continued caution over Europe's debt crisis also weighed on the market.
Peyton Manning

Peyton Manning to the Jets: Why it Makes Sense

It is time for Peyton Manning to embrace the notion that his time in Indianapolis is over and prepare to join younger brother Eli in the city that never sleeps.
Apple employees look over the new iPhone 4S at Apple's flagship retail store in San Francisco

Tim Cook Rewards Apple Employees - $250 discount on iPads, $500 on Macs

Apple leadership has unveiled the tech-forward reward for Apple all employees, which number well over 60,000. Soon after announcing that in the holiday quarter, Apple has sold a record 37.04 million iPhones with a 128% growth compared to same period last year and 15.43 million iPad with a 11% increase, Apple CEO Tim Cook followed up by announcing in a town hall meeting that Apple will offer a total $750 discount on its products, which can be used once every three years.

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