Facebook Inc urged a federal judge on Monday to throw out a lawsuit by a New York wood pellet salesman who said he deserves half of founder Mark Zuckerberg's stake in the social media company, calling the case a fraud.
Stocks rose on Monday, rebounding from last week's decline, after Federal Reserve Chairman Ben Bernanke suggested the central bank would continue supportive monetary policies, even as the unemployment rate improves.
U.S. regulators pushed Internet companies on Monday to adopt a Do Not Track system that would give consumers more control over their personal data online, and asked Congress to pass privacy legislation.
U.S. regulators pushed Internet companies on Monday to adopt a Do Not Track system that would give consumers more control over their personal data online, and asked Congress to pass privacy legislation.
Contracts to purchase previously owned homes unexpectedly fell in February, suggesting a further pullback in sales as the housing market struggles to regain its footing.
Stocks rallied on Monday after Federal Reserve Chairman Ben Bernanke suggested the central bank would continue supportive monetary policies even as the unemployment rate improves.
Stock index futures pointed to sharp gains at the open on Monday after Federal Reserve Chairman Ben Bernanke suggested the central bank would continue supportive monetary policies even as the unemployment rate improves.
The U.S. economy needs to grow more quickly if it is to produce enough jobs to bring down the unemployment rate, Federal Reserve Chairman Ben Bernanke said on Monday.
Yahoo Inc has appointed three new independent directors as it prepares for a proxy fight with activist hedge fund investor Daniel Loeb.
General Motors Co is recalling 6,159 big vans and sport-utility vehicles in the United States for possible loss of steering.
U.S. stock index futures rose on Monday, pointing to an equities rebound after the S&P's worst weekly performance so far this year, as investors looked ahead to data on February pending home sales.
The world's central banks should not have unfettered ability to purchase assets because that violates the traditional separation of monetary and fiscal policymaking and can allow governments to inflate away debts, a top Federal Reserve official said on Monday.
Every Tuesday evening dozens of homeowners who cannot pay their mortgages gather in a cramped community center near Madrid's main bullring to discuss strategy to fight their banks.
U.S. stock index futures pointed to a slightly higher open on Wall Street on Monday, with futures for the S&P 500 up 0.14 percent, Dow Jones futures up 0.2 percent and Nasdaq 100 futures up 0.21 percent at 0813 GMT.
BATS Global Markets is sticking with a plan to move its Chi-X platform, Europe's largest share trading venue, to its own technology, after a software bug forced the exchange operator to take the embarrassing step of pulling its own listing last week.
European shares clawed back some gains from last week's losses on Monday and the euro backed off three-week highs as investors traded cautiously ahead of key data this week's including an Italian bond auction and a key German economic sentiment index.
Emerging economies must be given a fair shot at leading the institutions at the heart of global finance or they will end up going their own way, a challenger for the top job at the World Bank said.
Asian shares mostly fell on Monday, with materials and technology stocks losing ground amid concerns about the impact on profits of a slowdown in the global economy.
Portfolio managers will be doing some last-minute shopping for winners from the big stock market rally as they take part next week in the quarter-end ritual of window dressing.
The Bellagio casino-hotel in Las Vegas hosted a shotgun wedding in January. The bride and groom had met just a couple hours earlier; she wore a skimpy dress, he was in powder blue coattails.
Asian shares edged up on Monday, finding some support after losing ground last week on fears of the impact of an economic slowdown in China, and the euro held near a three-week high.
Mortgage giants Fannie Mae and Freddie Mac are being pushed to reduce borrowers' mortgage balances in order to shield U.S. banks from taking losses on distressed housing debt, the companies' regulator said in a Financial Times interview published on Sunday. If you do principal forgiveness, who is it benefiting? ... Doing principal forgiveness is what would prote...
BATS Global Markets, the U.S. exchange operator that withdrew its public offering Friday after a computer glitch sent its newly-issued stock into a tailspin, should develop a credible IPO plan and go through with it in the second quarter, its founder and current director said.
China Construction Bank , the world's No.2 lender valued at $193 billion, joined smaller rival AgBank in reporting earnings lower than the market had expected as China's slowing growth squeezes its top lenders.
The day broke unseasonably warm as we prepared for a daytrip up to Beacon, NY, to visit the Dia Art Foundation. Spring, possibly early summer, came early to Brooklyn, and I was glad for the sun-roof on the Lexus hybrid I was driving for the weekend (for a review of the car, the Lexus CT 200h, see the related articles).
Greg Smith, the former Goldman Sachs executive who resigned this month and condemned the investment bank in a scathing New York Times opinion column, is seeking a deal to write a book about his experience there, the newspaper reported.
Jim Yong Kim, the U.S. nominee to lead the World Bank, will win broad international support despite an unprecedented challenge by candidates from emerging economies, U.S. Treasury Secretary Timothy Geithner said in an interview.
Greece is well on track in its efforts to improve how it monitors its finances, the head of the European Commission's special task force said, while adding that its banking system remained in difficulty.
In a recent development, Microsoft together with West Coast Customs swanked one of its most exceptional creations - the most hi-tech car - 2012 Ford Mustang. Microsoft unveiled the 2012 out-of-the-box car officially with the codename Project Detroit.
Located many miles away from famous Spanish destinations, an abandoned village in the country may not be a tourist hotspot. But Esco could be an exception.
