The California state attorney general's office subpoenaed Bank of America Corp this week regarding the sale and marketing of troubled mortgage-backed securities to investors in the state, the Los Angeles Times reported.
Nine days before it was scheduled to release Anonymous to thousands of movie theaters across the country, Sony will begin the movie's run in only 250 theaters, TheWrap has confirmed.
Southwest Airlines reported a third quarter net loss but results were better than expected.
Hurricane Irene's impact accounted for about $500 million in the insurance company's third-quarter catastrophe losses.
The Internet media firm recorded third-quarter earnings of $0.36 per share as revenue rose 40% to $38.7 million, topping estimates.
Lower textbook sales and impact of weak credit markets on its S&P rating business weigh down on McGraw-Hill earnings. The company plans to cut at least $100 million in costs over next 15 months.
Average mortgage rates essentially held steady this week as they remain near their 60-year lows.
Ford said the labor pact with United Auto Workers union would cost $280 million in lump-sum payments in 2011, and average about $80 million annually for remainder period through 2015.
Barnes & Noble hopes to rely less on book sales, better compete against e-commerce rivals.
The New York Times Company on Thursday announced a third-quarter profit of $15.7 million, buoyed by 324,000 paid subscriptions to its Web site. The online gains offset an 8.8 percent drop in ad revenue.
The drug maker recorded strong revenue but warned that pending availability of generics will hit at sales of Zyprexa, Cymbalta and Evista, which together accounted for 41 percent of third-quarter sales.
Here is a list of the top 10 child-friendly restaurant chains in the U.S., as of 2011.
Some potential buyers of Yahoo Inc are balking at the Internet company's demands for confidentiality that would prevent them from discussing joint bids, according to several people close to the situation.
Swiss bank UBS AG's caretaker chief executive Sergio Ermotti has ruled out a sale or spinoff of the investment bank and is planning to shrink the investment-banking unit, the Wall Street Journal reported.
You might think the capital city of a U.S. state would tap a high-powered, national law firm to handle its bankruptcy case. But when Harrisburg, Pennsylvania filed for bankruptcy last week, it hired a one-lawyer, local shop with no bankruptcy experience.
EBay Inc reported profit that matched Wall Street estimates and gave a restrained outlook for the rest of the year, sending its shares lower.
American Express posts third-quarter earnings of $1.24 billion, up 13% year over year. Earnings per share were $1.03 from $0.90 a year ago, beating analyst consensus estimates.
EBay reported third quarter earnings of $491 million, an increase of 14 percent from their earnings of $432 million in the same quarter last year.
Coalition of U.S. solar cells and panels makers have petitioned the U.S. government to stop rising tide of heavily subsidized product entering the American market from China's state-supported solar industry.
Officials with AMR, the parent company of American Airlines, said Wednesday that negotiations with the pilots union are making headway.
Adderall is becoming hard to find in New York City.
Six New York Skyscrapers That Will Top 1,000 Feet
The Chicago-based company will keep its diversified medical products division under the Abbott name and spin off its research-based pharmaceuticals unit.
As Porsche prepares to introduce the Cajun model, the company announced the expansion of its production facility in Leipzig, Germany.
New Jersey Governor Chris Christie announced Wednesday that NJ TRANSIT was partnering with Google Wallet, allowing customers to pay fares with a smartphone.
Boeing is raising output of its Next-Generation 737s to 35 airplanes a month as part of a series of production increases planned for the next three years.
Citigroup Inc will pay $285 million to settle charges that its U.S. broker-dealer unit misled investors about a $1 billion mortgage bond deal, the U.S. Securities and Exchange Commission said on Wednesday.
AMR Corp., the parent company of American Airlines, struggled amidst surging fuel costs.
Barnes parts JetBlue on good terms, says spokesperson.
The Bank of New York Mellon Corporation (NYSE: BK) reported a third quarter net income of $651 million, or $0.53 per common share Wednesday morning, an increase of 4.7 perecent when compared with $622 million, or $0.51 per common share, in the third quarter of 2010. The results were a penny over mean analyst predictions of $0.52 per share.