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Rep. Barney Frank (D-MA) speaks at a news conference announcing that he would not seek a 17th term in congress next year in Newton

Frank Requests Hearing on Mortgage Abuses at Ally

Congressman Barney Frank on Wednesday asked his colleagues to hold a hearing on alleged mortgage abuses at Ally Financial, a day after the attorney general from his home state of Massachusetts requested that lawmakers investigate.
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Chinese court rejects Apple lawsuit over iPad name

A court in southern China has rejected a lawsuit by Apple Inc, accusing a Chinese technology company of infringing its iPad trademark, a newspaper reported on Tuesday, the latest move in a protracted tug-of-war over the name.
A man exits the office complex where MF Global Holdings Ltd have an office on 52nd Street in midtown Manhattan New York

MF Global Workers Sue Corzine, Other Execs

Past and present MF Global employees sued ex-CEO Jon Corzine and other executives over alleged misrepresentations they say destroyed the value of the company's stock.
Veena Malik

Veena Malik Has Done Racy Photoshoots Before FHM's Cover [VIDEO]

Pakistani model and actress Veena Malik is a beautiful woman who has found herself caught in a nude photo scandal with FHM's India Edition. The magazine revealed its December issue on Friday with a picture of the actress on the cover -- completely naked -- with her hands crossed over her chest to cover her breasts. She was wearing an ISI tattoo.
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US judge dismisses non-U.S. claims against Toyota

Toyota Motor Corp has won the dismissal of a U.S. lawsuit brought by vehicle owners in 14 other countries who said their Toyotas lost value because of the Japanese automaker's mishandling of alleged unintended acceleration problems.
Traders work on the floor of the New York Stock Exchange

Global Bank Stocks Rally to Best Week of the Year

Bank stocks finished up one of the best-performing weeks of the year Friday, as a global coordinated stimulus by the world's top central bankers announced Wednesday injected some badly needed liquidity into the credit markets and signaled a willingness for future intervention if the going gets tougher.

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