NEW YORK

AIG's new CEO, Robert Benmosche, has sparked just about as many headlines as one executive can in the past few weeks -- and all while on holiday at his villa in Croatia looking over the Adriatic.

Pfizer Inc agreed on Wednesday to plead guilty to a U.S. criminal charge relating to promotion of its now-withdrawn Bextra pain medicine and will pay a record $2.3 billion to settle allegations it improperly marketed 13 medicines.

A former Bear Stearns Cos hedge fund manager accused of insider trading urged a federal judge to reject evidence suggesting he improperly tried to use money as collateral to build a condominium and repeatedly ignored conflict-of-interest rules on in-house trades.

Canada's Superior Plus Corp said it agreed to buy Pennsylvania-based Sunoco Inc's retail heating oil and propane distribution business for about $82.5 million in cash, to expand its fuel distribution business in the United States.

Former Tyco International Ltd Chief Executive Officer Dennis Kozlowski, imprisoned for up to 25 years for stealing from the company, is seeking to be released early.

New York City's new Croton water treatment plant will cost more than twice the original estimate of $992 million and it will not be finished on time, the city comptroller said on Tuesday.

Robert Benmosche, the new CEO of American International Group Inc, said he regrets tough comments he made about New York's attorney general, saying he was trying to bolster a demoralized AIG work force.

A key gauge of U.S. manufacturing activity likely rose in August, which would bring the index into positive territory for the first time since the recession began, according to a Reuters' poll of economists.

A cluster of U.S. regional reports on Monday showed business picking up steam in August, suggesting the national economy is finally breaking free of its deep recession.

Stocks fell on Monday as concerns about the global economy's health weighed on Wall Street, following a hefty sell-off in Chinese equities.

A cluster of regional reports on Monday showed business activity picking up steam in August, suggesting the U.S. economy is breaking free of its deep recession.

The future of wind farms and hybrid cars may well hinge on what happens to a 55-acre (22.3-hectare) hole in the ground at the edge of California's high desert.

NEW YORK - Entergy Corp's 1,025-megawatt Indian Point 3 nuclear power unit in New York was back at full power early Monday, after shutting late late last week due to an automatic reactor trip, the U.S. Nuclear Regulatory Commission said in its power reactor status report.

The future of wind farms and hybrid cars may well hinge on what happens to a 55-acre (22.3-hectare) hole in the ground at the edge of California's high desert.

Director Spike Lee is sponsoring a public birthday celebration for Michael Jackson in Prospect Park, New York on Saturday.

TORONTO - Bank of Montreal, one of Canada's top banks, is suing two U.S.-based brokerages and some of their former officers and shareholders for their part in an intricate fraud carried out by the former head of its commodity derivatives group, court documents showed.

A lead single about a proletarian revolt against the global banking crisis. A teaser campaign involving a worldwide musical treasure hunt. And an album that ends with a three-part, fully orchestrated symphony about an alternative theory of the creation of mankind. Is Muse the only young, stadium-filling rock band that could get away with this?

DJ AM was found dead Friday afternoon in his apartment in SoHo, New York. The circumstances surrounding his death remain unclear.

The U.S. Federal Reserve won a delay of a federal judge's order that it reveal the names of the banks that have participated in its emergency lending programs and the sums they received.

It pays to work in Switzerland: employees in Zurich and Geneva have the highest net wages in the world, a study by banking group UBS shows, while those in India's Mumbai take home the lowest.

U.S. health authorities are turning to social networking sites such as Facebook and Twitter in a bid to prepare people to be vaccinated against the pandemic H1N1 virus.