U.S. bank regulators are finalizing punishments against mortgage servicers after a probe found critical deficiencies with the industry's foreclosure processes.
Under the category of artificial intelligence, it represents both a loss and a triumph for humans.
U.S. Stocks climbed on Wednesday, supported by some solid earnings reports and a number or M&A deal-making, as the Dow and S&P 500 reached 31-month highs.
New York City's bank tax collections ran 48 percent above a year-ago, one of several taxes whose encouraging performance might give Mayor Michael Bloomberg some extra cash to spend in next year's budget.
Citigroup Inc granted more than 18 million stock options to 15 senior executives, an award that could handsomely increase their compensation if the slowly recovering bank's share price rises.
Blame the high price of cotton for T-shirts that might feel just a bit scratchier this spring, or pants that seem to stretch out after one washing.
PepsiCo Inc
will sell its Tropicana Pure Premium orange juice in clear bottles, not the familiar coated-paper cartons, as it tries to take back market share from the Coca-Cola Co brand Simply Orange.Three items totaling about $2.4 trillion combine for nearly two thirds of President Barack Obama's proposed $3.7 trillion 2012 fiscal year budget.
A day after the App Store subscription service was announced, Google introduces One Pass while Rhapsody rips Apple.
It was announced that Lohan would appear on David Letterman's TV talk show. It was later announced by producers of The Late Show with David Letterman that the troubled actress would not appear on the show because a mistake had been made.
U.S. Stocks climbed, supported by some solid earnings reports and a number or M&A deal-making, as the Dow and S&P 500 reached 31-month highs.
Federal Reserve officials raised their forecasts for economic growth last month but remained unhappy with the job market's recovery.
Fox used footage of 2010 meeting in 2011 coverage, say reports.
The S&P 500 rose on Wednesday to twice its value from just two years ago, a bounce whose vigor has not been seen since the Great Depression.
Google Inc launched a service to make it easy for publishers to sell digital versions of newspapers and magazines, undercutting a similar plan launched by Apple Inc, as both tech titans battle to dominate smartphones and tablet computers.
EADS North America said it submitted a final proposal in the politically charged U.S. tanker competition against Boeing Co and that it lowered its price.
Google Inc launched a service to make it easy for publishers to sell digital versions of newspapers and magazines, undercutting a similar plan launched by Apple Inc, as both tech titans battle to dominate smartphones and tablet computers.
Core wholesale prices rose in January at their fastest rate in more than two years, raising some concerns about inflation, but economists said the recovery was too weak for a big spike in consumer prices.
Minutes from the Jan.25-26 meeting of the Federal Open Market Committee (FOMC) reveal that central bank members had slightly improved their outlook on the U.S. economy, but still decided to maintain their program to purchase $600-million in bonds.
Telecom equipment maker Alcatel-Lucent
is bullish about its prospects in the United States this year, after securing big contracts from major operators like Verizon and Sprint Nextel .The governor of Florida, Republican Rick Scott said that he rejected $2-billion federal funding for a high-speed rail that would have linked Tampa to Orlando.
Google Inc launched a service to make it easy for publishers to sell digital versions of newspapers and magazines, undercutting a similar plan launched by Apple Inc as both tech titans battle to dominate smartphones and tablet computers.
