U.S. judge rejects an HSBC settlement in Madoff case
A Manhattan federal judge rejected HSBC Holdings Plc's proposed $62.5 million settlement with investors in an Irish fund that lost money in Bernard Madoff's Ponzi scheme.
Brightest Supernova Peaks This Week: How to Watch Its Final Glint [VIDEO]
An astronomically significant supernova, or exploding star, is expected to reach its peak of brightness in the sky Thursday and Friday, visible starting Wednesday night.
Analysts' view: What Obama should propose on job creation
President Barack Obama on Thursday is expected to offer a plan to jump-start flagging U.S. job growth that relies on a package of tax cuts and government spending that could cost upward of $200 billion.
Gundlach tells jurors of recruiting by PIMCO
Pacific Investment Management Company did not try to directly recruit star bond fund manager Jeffrey Gundlach while he was still employed at Trust Company of the West.
Cerberus-owned NewPage files for Chapter 11
NewPage Corp , the biggest maker of magazine paper in North America, filed for bankruptcy on Wednesday, succumbing to falling demand as advertisers and readers move online.
Analysis: BofA Shake-up a Crucial Test for CEO Moynihan
Bank of America Corp Chief Executive Brian Moynihan is running out of time to fix the largest U.S. bank.
Droid Bionic's Release Imminent, Costco to Offer Discount and Bonus Pack
The Motorola Droid Bionic is rolling out on Thursday as an iPhone killer, and the new Android beast is available at Verizon with the price tag of $299.99.
Wall Street jumps as Europe debt concerns ease
Wall Street bounced more than 2 percent on Wednesday, reversing three days of losses after Germany's top court smoothed the way for Berlin's participation in bailouts that could ease Europe's debt crisis.
Rick Perry: College Transcript Reveals Countless Cs, Multiple Ds
Presidential contender Rick Perry received 28 Cs and 10 Ds while a student at Texas A&M.
Iridium to sell new phone, other services
Iridium Communications Inc unveiled what it called the world's most rugged satellite handset on Wednesday as part of a new suite of services designed to run off its 66-satellite global network.
Best Buy unveils new third-party Marketplace
Best Buy Co said on Wednesday it will offer products online from other sellers through a new third-party Marketplace as the electronics retailer tries to better compete with Internet rivals Amazon.com and eBay Inc.
Oil-funded study: drilling could add 1 million U.S. jobs
The United States could create more than 1 million jobs by 2030 by expanding offshore drilling, limiting federal regulation of shale gas development and quickly approving a Canadian oil sands pipeline, according to a study commissioned by an oil industry group.
9/11 Anniversary: U.S. Continues to Urge Caution
As the 10th anniversary of the Sept. 11 attacks approach, the United States has been emphasizing caution in case security problems arise.
U.S. recovery still on ropes in late summer: Fed
The sluggish U.S. recovery failed to gain speed in recent weeks and softened in some areas of the country, as volatile stock markets and sputtering factory activity weighed on growth, the Federal Reserve said on Wednesday.
DigiNotar Hacked; Faces Google, Microsoft Rejection
DigiNotar's blunder has already caused it to be black-listed by Microsoft, Google and Mozilla.
Oil-funded study: More drilling would add 1 million jobs
The United States could create more than one million jobs by 2030 by expanding offshore drilling, limiting federal regulation of shale gas development and quickly approving a Canadian oil sands pipeline, according to a study commissioned by a major oil industry trade group.
GM aims to move pension risk off table
General Motors Co recognizes that its pension deficit represents a risk to the company that management is hoping to take off the table for investors, Vice Chairman Steve Girsky said on Wednesday.
Ron Paul Attacks Rick Perry for...Progressive Views?
Texas Gov. Rick Perry is under attack by Rep. Ron Paul, as the congressman and presidential candidate points to Perry's less that tea-party past.
Drilling could add 1 million jobs: Oil-funded study
The United States could create more than 1 million jobs by 2030 by expanding offshore drilling, limiting federal regulation of shale gas development and quickly approving a Canadian oil sands pipeline, according to a study commissioned by an oil industry group.
Analysis: Krawcheck ouster fuels Merrill brokers' bank angst
Bank of America's ouster of Sallie Krawcheck has deprived Merrill Lynch advisers of a vocal advocate and revived worries the commercial banking giant will further tighten its grip on the brokerage.
Amanda Knox Could Go Free After Judge Denies DNA Testing Request
Amanda Knox, convicted of killing her roommate while studying abroad in Italy, could go free after an Italian judge denied prosecutors' request for more DNA testing.
Italy Senate okays austerity plan, moves to chamber
The Italian Senate on Wednesday approved the government's widely criticized austerity program aimed at staving off financial crisis in a vote of confidence called by Prime Minister Silvio Berlusconi.
Gold on Earth was Showered by Meteor Storm 3.9 Billion Years Ago: Study
Precious metal arrived our planet in a 200 million-year long meteor shower that battered the Earth 3.9 billion years ago, scientists revealed in a new research.
Mosaid asks shareholders to reject Wilan hostile bid
Mosaid Technologies on Wednesday asked shareholders to reject a hostile, C$480 million takeover bid from WiLan Inc after the patent licensing company's board said the offer was inadequate.
Obama jobs package won't bust debt ceiling: White House
A package of job-creation and economic growth proposals that President Barack Obama will put before Congress will be paid for and will not breach the legal U.S. borrowing limit, the White House said on Wednesday.
Rick Perry Ahead of Mitt Romney in Latest Poll, But Not by Much
Yet another poll -- this one by The Washington Post and ABC News -- has shown Rick Perry ahead of Mitt Romney, 27 percent to 22 percent.
KHL Plane Crash: Scenes from the Accident (PHOTOS, VIDEO)
A look at the terrible plane accident that has tragically taken the lives of an entire hockey team.
Nvidia up on outlook, analysts skeptical
Shares of Nvidia Corp jumped more than 11 percent on Wednesday, as investors bet on strong sales for the company's chips used in mobile devices like smartphones and tablets.
Fed report: Many regions saw mixed or slower growth
The sluggish recovery failed to gain any speed in recent weeks and softened in some areas of the nation, the Federal Reserve said on Wednesday.
Recovery still on the ropes in late summer: Fed
The sluggish recovery failed to gain any speed in recent weeks and softened in some areas with factory activity sputtering and retail sales under pressure, the Federal Reserve said on Wednesday.