Judge will not sign off on BofA, SEC bonus pact

A federal judge refused to approve a proposed settlement between the U.S. Securities and Exchange Commission and Bank of America Corp over the payment of bonuses to Merrill Lynch & Co employees, saying he was unable to determine if it was fair to the public.

GM turns to eBay to sell cars

General Motors Co and eBay Inc are launching a test program in California that will allow consumers to negotiate with dealers and buy vehicles online, the companies said on Monday.

Pequot trades raised many warnings: report

Pequot Capital Management Inc, once a prominent hedge fund firm, has been named dozens of times in private reports that alerted U.S. financial regulators to possible insider trading or other misconduct, according to Bloomberg News.

Goldman must yield info in trade secret case: judge

Goldman Sachs Group Inc will have to give up its personnel information on a former employee accused of stealing trade secrets, after a U.S. judge on Monday denied the firm's motion to quash a request by the computer programmer's lawyer.

Facebook Marries FriendFeed - Most important acquisition in social media

Facebook Inc. said it has acquired FriendFeed, a start-up that allow users to share links and status updates online, folding in a potential rival that struggled to take off.

First Wi-Fi pacemaker in US gives patient freedom

After relying on a pacemaker for 20 years, Carol Kasyjanski has become the first American recipient of a wireless pacemaker that allows her doctor to monitor her health from afar -- over the Internet.

North America nations to cooperate on emissions trade

The United States, Canada and Mexico said Monday they would put in place infrastructure to cooperate on greenhouse gas emissions trading as part of efforts to fight climate change.

Barnes & Noble to buy College Booksellers, shares up

Barnes & Noble Inc plans to buy Barnes & Noble College Booksellers Inc for $596 million, in a deal that will expand the retailer's store base while providing entry into the burgeoning digital textbook book arena.

State Street says legal reserve may not be enough

State Street Corp , one of the world's biggest institutional investors, said on Monday it may not have set aside enough money to cover fees and penalties linked to lawsuits and investigations by regulators into risky investments.