Rajaratnam jury starts third week, re-hears calls
The jury at the insider trading trial of hedge fund manager Raj Rajaratnam began the third week of deliberations by asking to hear replays of FBI phone taps between the Galleon Group founder and one of the former friends who testified against him.
Meredith Vieira officially announces departure from the “Today” show
Rumors have been circulating the Internet for weeks now, but Monday morning Meredith Vieira officially confirmed the news that she is planning to leave the Today show.
Original architectural plans for Bin Laden’s house
The original architectural plans for the house in Abbottabad, Pakistan where Osama Bin Laden was found and killed have been revealed by The Independent.
Sysco results beat estimates, shares up
Top U.S. food distributor Sysco Corp reported quarterly results that easily beat analysts' expectations, as demand for its products rose even as it increased prices, sending its shares up as much as 11 percent to a year-high.
Ford F-150 truck probe expands to 2.7 million
U.S. safety regulators said they have expanded to 2.7 million vehicles an investigation into the possibility that straps holding fuel tanks can rust and break on Ford Motor Co F-150 pickup trucks from the 1997-2001 model years.
Paula Abdul confirmed as a judge on “The X Factor”
The Associated Press reported that former American Idol judge, Paula Abdul, has signed on as The X Factor's fourth judge. Abdul will join British singer Cheryl Cole, former Def Jam president L.A. Reid and Cowell on the judging panel.
Japan nuclear plant shutdown adds new risk to economy
The surprise closure of another Japanese nuclear plant, this time at the power supplier to the heart of the auto industry, threatens to dampen consumer sentiment and will provide car makers with yet another reason to produce fewer cars in Japan.
Apple Passes Google In Brand Value
Apple is the number one brand in the world according to a report; Facebook is in the top 100 for the first time.
Hertz makes new pass at Dollar Thrifty, bids $2.1 billion
Hertz Global Holdings Inc fired the latest salvo in a 13-month-long battle for Dollar Thrifty , offering nearly $2.1 billion as it looks to create the No.2 U.S. car rental firm and bump a rival bid from Avis Budget that has stalled with regulators.
Oil up over $2 at $111, helped by bargain hunters
Oil rebounded by more than $2 on Monday due to bargain hunting after Brent crude lost almost $17 last week, but earlier bigger gains were pared after S&P cut Greece's debt rating and the dollar rallied against the euro.
Apple, Google to face lawmakers in privacy tussle
Tech companies such as Apple and Google are hoping the tracks of millions of mobile device users will lead to billions of dollars in revenue.
Anish Kapoor unveils 'Leviathan' at Monumenta
Anish Kapoor is renowned for his monumental idiosyncratic sculpture forms of grandiose proportions, which leave viewers in a state of astonishment, and his current exhibition should be no exception. From May 11 - June 23, Kapoor's 'Leviathan' will be shown in Paris, at Monumenta 2011.
Bin Laden Payback?: Pakistan 'Must Have' Blown U.S. Spy's Cover
Tensions between the United States and Pakistan are rising - which top level officials have already anticipated - in the wake of a momentous U.S. Special Forces raid that killed Osama bin Laden in northern Pakistan last week.
John Walker, of The Walker Brothers, dies at the age of 67
The Make it Easy on Yourself singer, songwriter and guitarist passed away in his Los Angeles home after a battle with lung cancer.
RaspBerry Pi's USB-sized $25 computer to hook kids soon to programming
A British non-profit organization Raspberry Pi Foundation has the answer, in the form of a computer the size of a USB key priced at $25 – which could arguably be the cheapest computer on the block.
Price hikes boost McDonald's April sales
McDonald's Corp posted a better-than-expected 6 percent rise in April sales at established restaurants, helped by menu price increases that helped offset higher costs for beef and other ingredients.
Wall St flat as Europe's woes offset commodities
U.S. stocks were little changed on Monday as concerns over European debt offset gains in natural resource shares, lifted by a bounce-back in commodities.
Hertz in new drive-by for Dollar Thrifty, offers $2.1 billion
Hertz Global Holdings Inc is back in the market for smaller car rental firm Dollar Thrifty , offering close to $2.1 billion as it looks to bump a rival bid from Avis Budget that has struggled to win regulatory clearance.
Marketing company executive pleads guilty to perjury in connection with Spongetech Delivery Systems, Inc. probe
George Speranza, the operator of a marketing company that created and published Internet websites, has pleaded guilty to a perjury charge and admitted that he gave false testimony before the U.S. Securities and Exchange Commission (SEC) in connection with the SEC's investigation of Spongetech Delivery Systems, Inc.
BBC Equities founder-chairman charged with wire fraud, arrested
John Bravata, the founder and chairman of BBC Equities, LLC, has been arrested at JFK International Airport and charged with wire fraud in connection with his solicitation of investor funds for BBC, which Bravata characterized as a real estate investment fund.
Original Gangster Killers gang member guilty of racketeeting conspiracy, sentenced
United States Attorney Richard S. Hartunian said that Marcel Perry, a/k/a Juxx, a/k/a Jooks, age 23, of Albany, New York, was sentenced on Friday by United States District Court Judge Gary L. Sharpe to 111 months' incarceration (Perry was facing a sentence of 130 months but received 19 months credit for time already served), five years of supervised release following his release from incarceration, and a $100 special assessment.
Gold Prices Rise in Euro as Rising Dollar Hits Commodity Rally, Silver Holds 26% Down
The Silver Price rallied to $38.00 at Monday's London Fix – rising over 11% from Friday lunchtime's Fix – before also slipping back to trade 26% below late April's 3-decade record.
Lakeland man sentenced to 15 years in jail for distributing child pornography
Lakeland-based Francois Piedrahas been sentenced to 15 years in federal prison for distribution and possession of child pornography, followed by a life term of supervised release.
Justin Bieber will tour, perform in Japan, desptie crew's fears
After many reported concerns among Bieber's tour crew about stopping in Japan after the devastating earthquake, the Canadian pop star told his fans today that he plans on going through with his performances in Osaka and Tokyo.
Former DPS employee and co-conspirators convicted of selling Texas driver's licenses
A former employee of the Texas Department of Public Safety (DPS) has pleaded guilty along with her four co-conspirators to unlawfully providing Texas driver’s licenses for cash, United States Attorney José Angel Moreno said.
Detroit-based medical clinic owners convicted of Medicare fraud
Two owners of a fraudulent Detroit-area medical clinic, Martin and Joaquin Tasis, and a man who helped them launder the proceeds of the fraud, Leoncio Alayon, were convicted on Friday by a federal jury in Detroit for their roles in a $9.1 million Medicare fraud scheme, the Departments of Justice and Health and Human Services (HHS) said.
When Will The Playstation Network Be Back Up?
The PlayStation Network is still down, and could be for a while according to one report.
Twitter outings undermine super injunctions
Twitter revelations of alleged attempts by British celebrities to cover up sexual indiscretions show that super injunctions to gag the press are unsustainable, lawyers said on Monday.
VW makes $20 billion MAN offer to kick off truck merger
Volkswagen made a long-awaited bid for MAN , valuing it at $20 billion and stepping up plans to merge the German truckmaker with Swedish rival Scania in which it also holds a stake.
Book Review: Home Seller's Guide to Tax Savings
Almost five years ago, in A New Book on Taxation of Residence Sales: Don't Leave Home Without It, I reviewed Julian Block’s HOME SELLER’S GUIDE TO TAX SAVINGS.”