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Code theft could cost Goldman millions, U.S. says

The purported theft of a Goldman Sachs trading platform threatens to cost it millions of dollars, a prosecutor told a court, but so far the bank has not reported damage to its business.

Wall Street hits 10-week low amid talk of new stimulus

Socks fell to their lowest level in 10 weeks on Tuesday as talk of a second government stimulus plan heightened fears that the economy is not yet on the path to recovery and that the corporate earnings season starting this week will be weak.

World Trade Center developer quits negotations

The New York-New Jersey Port Authority on Monday said the World Trade Center developer, Larry Silverstein, had stopped negotiating over his demand for the agency to guarantee his loans for two office towers.

2009 Top 100 Companies: A Time for Sprinting Uphill

Glimmers of hope could not arrive soon enough for America's largest real estate businesses.

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NY agrees low-cost power for Yahoo, Sunworks builds

The New York Power Authority agreed on Tuesday to sell low-cost power to Yahoo Inc to build a data canter and to Sunworks Solar LLC to build a solar panel manufacturing plant.

Madoff Monday sentencing blacked out; public can appear in person

Monday morning's sentencing in Manhattan of Bernard Madoff â€“ convicted of a $63 billion Ponzi scheme â€“ can only be seen in person due to a court ordered video and recording blackout.

IBM loses injunction against Dell executive

A U.S. judge turned down a request from International Business Machines Corp to bar its former head of mergers and acquisitions from working at Dell Inc over allegations that he would disclose trade secrets.

GE opening research center in Michigan

General Electric Co plans to open a research center in the economically ailing U.S. state of Michigan, where it will develop new manufacturing technologies.

IBM accuses former M&A exec of misusing resources

IBM accused its former mergers and acquisitions chief of misusing resources, as part of a lawsuit that seeks to remove him from his new job at rival Dell Inc.

Two weeks after: Iran rallies fade, elite split

Iran's leadership has quelled mass protests over a disputed presidential poll two weeks ago, but the battle has moved off the street into a behind-the-scenes struggle splitting the clerical establishment into two camps.

Wall Street rises with retailers, home builders

Stocks rose sharply on Thursday, helped by consumer discretionary shares after Bed Bath & Beyond Inc posted a surprising profit increase and home builder Lennar Corp reported a rise in new home sales.

Optimism stalls amid second thoughts on recovery

After months of wishful thinking, investors are nervous again about financial markets and the world economy, and it may take a flurry of much better economic data to make them believe in a sustainable recovery.

S&P turns negative for year in broad sell-off

Stocks suffered their worst one-day loss in two months, dropping the S&P 500 back into negative territory for the year on Monday in a broad-based sell-off, as investors reconsidered the health of the economy.

Sell-off leaves S&P in negative territory for year

Wall Street drops with energy companies, economic worries

Stocks fell on Monday as a sharp drop in oil prices prompted investors to sell some energy companies' shares, while a global forecast fueled worries about the sustainability of an economic recovery.

New H1N1 differs from past flus

The new strain of H1N1 flu is causing something different to happen in the US

U.S. states seek to join feds in AIG bonus probe

U.S. states probing employee bonuses paid by American International Group Inc using taxpayer money plan to join federal investigators in the matter, while leaving open the possibility of pursuing the case themselves.

Action News sports director Gary Papa dies

Action News sports director Gary Papa, 54, died Friday, more than five years after suffering from prostate cancer.

'Something different happening with new flu - CDC

The new strain of H1N1 flu is causing something different to happen in the United States this year -- perhaps an extended year-round flu season that disproportionately hits young people, health officials said on Thursday.

Wall Street set for flat open

Stock index futures pointed to a flat to lower open on Wednesday as key data for May tempered inflation concerns but was offset by a disappointing earnings outlook from package delivery company FedEx Corp .

Wall Street hit by economic, consumer jitters

U.S. stocks slipped on Tuesday as mixed economic data and Best Buy's disappointing sales spurred worries about an anemic recovery.

Housing starts jump in May; PPI up 0.2 percent

New U.S. housing starts and permits rebounded in May from record lows as ground-breaking for multifamily units surged after tumbling the prior month, a government report showed on Tuesday.

U.S. to address pilot fatigue in wake of deadly crash

The U.S. government will seek to toughen rest requirements for airline pilots with fatigue an issue in the crash of a commuter flight near Buffalo, New York, in February that killed 50 people.

Statue of Liberty tickets on sale again

Ticket sales to the crown of the statue of Liberty re-opened on Saturday allowing visitors to make telephone and internet reservations.

With digital transition, more focus on smaller TVs

The Friday deadline for a nationwide transition from analog to crisper digital television transmission has U.S. retailers hoping for a boost in sales of smaller TVs as consumers upgrade secondary sets in spare rooms.

Defensives lift Dow, S&P but tech weighs on Nasdaq

The Dow moved into positive territory for the year for the first time since early January on Friday, lifted by defensive sectors like pharmaceuticals while a disappointing outlook from National Semiconductor weighed on technology stocks.