Grammy Award-winning guitar legend and inventor who changed the course of music with the electric guitar, Les Paul, died on Thursday in NY with pneumonia at 94.
Les Paul, 94, a Grammy Award-winning guitar virtuoso and inventor, died today at a hospital in White Plains, N.Y.
Troubled lender CIT Group Inc on Thursday said it agreed to provide a capital and liquidity management plan to its regulator within 15 days, sending its shares up by as much as 19 percent.
World sugar prices have surged to historic levels as India, the largest sugar consumer, turns to imports after a poor monsoon decimated its cane crop.
Actor Michael Douglas said on Wednesday that he and his family were
Former U.S. President Bill Clinton launched a free guide on Wednesday to the New York City neighborhood of Harlem where authorities say more than one third of small businesses have closed amid the U.S. recession.
The bodies of five Italian tourists killed when a small plane crashed into their tourist helicopter were flown to Italy on Wednesday.
Bank of America Corp will likely face more embarrassing disclosures about bonuses paid at Merrill Lynch & Co after a federal judge refused to rubber-stamp a settlement over the $3.6 billion of payouts.
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.
Divers in New York's Hudson River on Monday found the body of the eighth victim of a midair collision of a helicopter and small plane that killed nine people, but they were unable to dislodge it from the underwater wreckage, authorities said.
NEW YORK (Reuters Life!) - 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.
A U.S. regulator fined a unit of Credit Suisse Group AG $275,000 for failing to make independent research available to customers, as required under an industrywide settlement over alleged faulty stock research.
Nortel Networks said on Monday its chief executive will step down immediately and its board will shrink from nine directors to three as the bankrupt telecom equipment maker sheds major assets. Nortel, once North America's biggest maker of telephone gear, also posted a bigger quarterly loss due to big reorganization costs and plunging sales, which it blamed on the weak economy.
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.
GMAC Inc on Monday said it will resume offering leases on select vehicles in most U.S. states, a year after curtailing the practice.
After relying on a pacemaker for 20 years, Carol Kasyjanski has become the world's first recipient of a wireless pacemaker that allows her doctor to monitor her health from afar -- over the Internet.
A small plane crashed into a tourist helicopter on Saturday causing both planes to plunge into the Hudson River and claiming the lives of all nine occupants.
A sightseeing helicopter collided with a small plane on Saturday and both crashed into the Hudson River near lower Manhattan, police reported.
The number of laid-off U.S. workers submitting new claims for jobless benefits fell sharply last week, fanning hopes the fragile labor market was on the mend and that the broader economy was stabilizing.
U.S. presidential couple Barack and Michelle Obama, Brad Pitt and French first lady Carla Bruni-Sarkozy all made the cut for an annual list of the world's best dressed -- and gave a few tips on where to find bargains.
