Oakland officials have been warned by federal authorities not to allow large-scale marijuana farms in the city as it violates U.S. laws and could lead to a crackdown on the growers and their backers.
Top executives at JP Morgan Chase & Co. knew about the massive Ponzi scam of the bank's client Bernard Madoff much before it became public but turned a blind eye to it, hoping to protect the bank's interests, according to a $6.4 billion lawsuit filed by a court-appointed trustee seeking to recover money for former Madoff clients.
Since the Egyptian government shut down the Internet for days in the wake of protests, some have asked if the U.S. government could set up an Internet kill switch to cut off access -- either to stop people from communicating or protect the country from cyber attack.
A report by an American think thank says that U.S. dependence on China for rare earths is extremely problematic and poses both economic and national security risks.
The Peace Corps has released its 2011 rankings of universities and colleges in the United States, in terms of volunteers from these institutions who live and work in foreign countries around the world.
As snow storms continued to shower fresh snow in the Dallas-Fort Worth area in north Texas in United States on Friday, canceled flights at Dallas-Fort Worth International Airport disrupted plans of fans of the Super Bowl.
Federals are trying to identify hackers, who have repeatedly entered the network of the company that runs the Nasdaq Stock Market during the past year, the Wall Street Journal reports.
43 percent of recent acquirers of smartphones in the United States opted for a device using Google's Android operating system, giving it a clear lead over the iPhone and Blackberry.
Two Eurofighter Typhoons of the Italian Air Force arrived at Yelahanka Air Force Station in Bengaluru, India, on Friday to showcase their outstanding operational capabilities at “Asia’s premiere air show,” Aero India 2011.
Computer hackers repeatedly entered the network of the company that runs the Nasdaq stock market in the past year, but the trading platform was not compromised, the Wall Street Journal reported on Friday.
Bank of America Corp appointed on Friday a new foreclosure and loan modifications czar, and created a new unit to oversee problem home loans in a bid to sort out its on-going foreclosure issues, becoming the first large U.S. bank to do so.
Facebook, which turned seven on Friday, already needs new offices.
Troubled bookseller Borders Group Inc said on Friday that the New York Stock Exchange warned it its low share price did not meet listing requirements.
The heads of large U.S. banks have formed a group to pressure Washington to change rules that limit their fees for processing debit card transactions.
Cheryl Cole, the X Factor judge, has reportedly rented a mansion for £3,500-a-week in the suburb Hadley Wood, London.
The pace of economic recovery has reached escape velocity from the worst recession in decades, though the nation may not return to full employment until 2014, a top Federal Reserve researcher said on Friday.
Forensic psychiatrist Gerald Bryant details the personality traits of Bernie Madoff-like of Ponzi schemers.
Corning Inc is looking to boost sales of its glass more than 50 percent by 2014, banking on the popularity of tablets and smartphones, which helped boost its shares 3.5 percent on Friday.
Bank of America Corp appointed on Friday a new foreclosure and loan modifications czar, and created a new unit to oversee problem home loans in a bid to sort out its on-going foreclosure issues, becoming the first large U.S. bank to do so.
No longer Wall Street's top over-achiever, network equipment maker Cisco Systems Inc must persuade wary investors it can fight off rivals such as Hewlett-Packard Co and soothe concerns about public sector spending cuts.
Experts trying to figure out how to avoid another flash crash are considering big changes to the U.S. stock marketplace, and one is recommending special rebates during times of stress and a crackdown on off-exchange dark trading.
The pace of economic recovery has reached escape velocity from the worst recession in decades, though the nation may not return to full employment until 2014, a top Federal Reserve researcher said on Friday.
