MARKETS / FINANCE

U.S. home prices rose for the fifth straight month and posted the second quarterly increase, but the pace of appreciation in September slowed and was less than expected, according to Standard & Poor's/Case-Shiller indexes on Tuesday.

Raj Rajaratnam, the billionaire founder of hedge fund firm Galleon Group, denied federal insider trading charges and accused the government of violating his constitutional rights with its use of wiretaps.

U.S. home prices rose for the fifth straight month and posted the second quarterly increase, but the pace of appreciation in September slowed and was less than expected, according to Standard & Poor's/Case-Shiller indexes on Tuesday.

The U.S. economy grew more slowly than initially thought in the third quarter, held back by strong imports and weak investment in nonresidential structures, hinting at a lackluster recovery.

Almost half the financial sector workers in London and New York say they would take sensitive company information with them if they were fired, according to a new transatlantic survey.

The U.S. economy grew more slowly than initially thought in the third quarter, held back by strong imports and weak investment in nonresidential structures, according to data on Tuesday that hinted at a lackluster recovery.

The U.S. economy grew more slowly than initially thought in the third quarter, held back by strong imports and weak investment in nonresidential structures, according to data on Tuesday that hinted at a lackluster recovery.

Five new restroom ambassadors will soon be tweeting from toilets at Times Square after beating hundreds of hopefuls for the coveted jobs.

In a depressed neighborhood in the City of Angels, hundreds of good jobs appeared to fall from the sky last week.

The U.S. economy grew more slowly than initially thought in the third quarter, held back by strong imports and weak investment in nonresidential structures, according to data on Tuesday that hinted at a lackluster recovery.

The U.S. economy grew more slowly than initially thought in the third quarter, held back by strong imports and weak investment in nonresidential structures, according to data on Tuesday that hinted at a lackluster recovery.

Raj Rajaratnam, the billionaire founder of Galleon Group, on Tuesday rejected federal insider trading charges, and accused the government of violating his constitutional rights with its use of wiretaps.

Galleon Group founder Raj Rajaratnam denies SEC insider trading charges, according to a court filing by his lawyers on Tuesday with the U.S. District Court for the Southern District of New York:

In a filing with the U.S. District Court for the Southern District of New York on Tuesday:

Investment flows into hedge funds have turned net positive and the sector is heading toward having assets under management of around $1.75 trillion by year-end, according to Morgan Stanley.

Warner Music Group , the world's third largest music company, on Tuesday reported a quarterly loss due to higher interest expense and charges for job cuts.

Kenneth Feinberg, the Obama administration's pay czar, is being pressed by federal officials to relax executive compensation restrictions at American International Group Inc for 2010, the Wall Street Journal reported, citing people familiar with the matter.

The U.S. Federal Reserve this month asked nine banks that were part of stress tests conducted earlier this year to submit plans to repay money injected under the Troubled Asset Relief Program , Bloomberg said, citing a person familiar with the situation.

Microsoft Corp has had talks with News Corp about a tie up, which would involve News Corp getting paid to take its news websites off Google Inc, a source familiar with the matter said on Sunday.

Financier Carl Icahn has offered $156.5 million to acquire the partially built Fontainebleau Las Vegas resort, which has been stalled in bankruptcy court since June, according to the resort's chief operating officer.

A trade group for the lenders that finance half the capital equipment investment in the United States said on Monday that U.S. businesses remain hesitant about borrowing to invest in their operations.

Freddie Mac, the U.S. mortgage finance giant, said on Monday it is seeking $595 million in loan payments and other funds hung up after the bankruptcy of lender Taylor, Bean & Whitaker.

Lehman Brothers International , where more than $35 billion of hedge fund assets have been frozen since the bank's collapse last September, could return about $11 billion to fund managers by March if enough firms approve a new plan.

Apple's iPhone has attracted half of the world's smartphone traffic share and 55 percent in the US after it hit the market 28 months ago, mobile advertising network AdMob said on Monday in its October report.

US computer giant Hewlett-Packard said on Monday that it saw a 14 percent increase in the fourth quarter profits of 2009 despite an eight percent e dip in sales.

Sales of previously owned U.S. homes jumped last month to their highest level in more than 2-1/2 years, but a fall in an economic gauge was a reminder that recovery from recession would be patchy.

IT research firm Gartner on Monday raised its 2009 outlook for personal computer shipments, but reiterated that Windows 7 won't impact PC sales in holiday season till 2010.

Web search leader Google Inc said it is buying Silicon Valley display advertising technology startup Teracent, which expands its competition with display leader Yahoo Inc.

Technology distributor Tech Data Corp posted better-than-expected quarterly results, helped in part by tighter cost controls, and forecast strong fourth-quarter revenue, sending its shares to a year-high.