A New York jury on Wednesday heard former Goldman director Rajat Gupta on a FBI wiretap casually discussing business with Raj Rajaratnam, the now-imprisoned hedge fund founder he is accused of tipping off about boardroom secrets.
The national debate on the Keystone XL pipeline enters the courtroom, as Nebraska landowners sue their state over how the pipeline project could be approved.
The American Petroleum Institute has again called on Washington to increase domestic production of oil on both federal and public lands, to help consumers by bringing gasoline prices down even further.
A 9,000-year-old limestone mask is expected to fetch between $400,000 and $600,000 when it goes up for auction in New York City next month.
U.S. stocks cut losses late in Wednesday's trading session, with two key indexes barely squeaking into positive territory on the strength of surging commodities prices and the shares of companies that produce them.
Margaret Whitman, the new CEO of Hewlett-Packard Co. (NYSE: HPQ), the No. 1 computer maker, decided to swing her ax Wednesday as the company reported dreadful second-quarter results.
Hewlett Packard Co outlined a plan on Wednesday to lay off roughly 27,000 employees or about 8 percent of its workforce to jumpstart growth.
Spend a couple of days exploring this fascinating subculture of Turkey and you will discover an area steeped in ancient history, hospitality and tolerance.
Google Inc's Android mobile platform has not infringed Oracle Corp's patents, a California jury decided, putting an indefinite hold on Oracle's quest for damages in a legal fight between the two Silicon Valley giants over smartphone technology.
As soils, freshwater, oceans, forests and biodiversity are being rapidly degraded and climate change puts more pressure on the resources, it is time to rethink how we grow, share and consume our food.
In an attempt to come out with the next great invention, a select few MIT students have created a solution to one of America's most aggravating problems. A non-stick ketchup bottle created by MIT students, has already been FDA approved and is ready to be used in industry.
Oracle Corp. (Nasdaq: ORCL), the No. 1 database company, said it would acquire private cloud media marketer Vitrue for an undisclosed sum a day after German rival SAP (NYSE: SA), Europe's No. 1 software company, offered to acquire e-commerce specialist Ariba Inc. (Nasdaq: ARBA) for $4.3 billion.
Business Review Weekly named Australian mining tycoon Gina Rinehart the World's Richest Woman, surpassing Wal-Mart heiress Christy Walton.
Nearly a year after missing Indiana University student Lauren Spierer disappeared, authorities are looking into whether multiple murder suspect William Clyde Gibson was involved in the petite 21-year-old blonde's disappearance.
As the 1965 Voting Rights Act comes under fire from Republican lawmakers and conservative justices on the Supreme Court, Holder explains why it's still needed to fight inequality at the polls.
Ohio representatives this week will vote on a set of new natural gas drilling regulations, including chemical disclosure laws, that opponents say favor natural gas drillers.
Kim Dotcom Schmitz, the German-born founder of Megaupload, is now looking to defend himself in court, but in order to do so, he has demanded that his hard drives and his computers -- all 135 of them -- be returned to him so he can use the data for his defense.
Ifeadi called the Chinese scavengers who were taking jobs that should be the exclusive preserve of Nigerian people.
According to a new report from the Global Business Travel Association, 12- to 15-hour flights to China may soon become the norm for U.S. and European business travelers.
U.S. auto sales will likely reach a 14.2 million seasonally adjusted annual sales rate in May 2012, the greatest year-over-year gain in more than 12 months, as consumers take advantage of credit and low interest rates to replace aging cars. Moreover, increasing car sales are now a primary driver of U.S. GDP growth, according to a Wednesday report by Kelley Blue Book.
Because they report quarterly results generally out of the regula,r pattern technology giants Cisco Systems (Nasdaq: CSC), Hewlett-Packard Co. (NYSE: HPQ) and Dell (Nasdaq: DELL) are technology bellwethers. Do their dismal dismal forecast presage downturn?
The director of the United States Secret Services apologized Wednesday for the actions of the agents implicated in the Colombia prostitution scandal last month, and told lawmakers that they didn't know yet of specific plans to protect the president when they met with local women who could have been a security risk
Japanese restaraunt chain Benihana Inc. (Nasdaq: BNHN) has agreed to be taken private and sold to Angelo, Gordon & Co.'s private equity group for around $296 million after profits fell in the past year because of increased costs.
Mazda Motor Corporation (Tokyo: 7261) and Fiat Group Automobiles S.p.A. (ETR: FIAT) will jointly develop and manufacture a new rear-wheel-drive, roadster sports car based on the next-generation Mazda MX-5 Miata for the Mazda and Alfa Romeo brands, the companies announced Wednesday.
An annual GDP growth rate of 8 percent would be an economic miracle in most of the world. In China, it has the government looking for ways to help the economy grow more -- but not by spending indiscriminately for stimulus plans.
Macy's Inc. (NYSE: M), the owner of its namesake and Bloomingdale's department stores, said Wednesday it will start selling some of the department store chain's private label merchandise directly to consumers in China next spring through a deal with a Chinese online retailer.
The World Bank lowered on Wednesday its 2012 China growth forecast to 8.2 percent from 8.4 percent on faltering demand for exports in the U.S. and Europe and a slowdown in the Chinese real estate market. The bank urged the entire region to focus on spurring domestic demand and reduce its dependence on exports.
Agricultural commodities, and in particular so-called softs like sugar and coffee, fell hard Wednesday as investors, eyeing the euro zone crisis, priced in the potential fallout on consumption of U.S. farm exports.
The recent multibillion-dollar trading loss suffered by JPMorgan Chase & Co. (NYSE: JPM), the country's largest bank by assets, has strengthened the case against letting bank executives serve as directors of Federal Reserve regional banks and thus regulating themselves, policy makers say.
General Mills Inc. (NYSE: GIS), the maker of Cheerios cereal and Pillsbury pastries, said Wednesday it will cut 850 jobs to cut costs in the face of rising food prices.
