The U.S. Securities and Exchange Commission (SEC) has sued a former CEO and two former CFOs of failed mortgage lender IndyMac Bankcorp, accusing them of securities fraud.
They had to know, said the jailed former fund manager Bernie Madoff, referring to bankers and investors who should have been able to uncover his Ponzi scheme.
The top pre-market NASDAQ stock market gainers are: ValueClick, American Capital, Photronics, Fred's, Camtek, and Dell. The top pre-market NASDAQ stock market losers are: Warren Resources, Swisher Hygiene, Seahawk Drilling, PDL BioPharma, and LogMeIn.
President Barack Obama will push his priorities for the 2012 federal fiscal year budget on Monday. Some of the cuts include programs for low income people and education in a budget that will cut the federal deficit by $1.1 trillion over the next 10 years.
A report by Russian scientists claims that the earth is on a collision course with the Apophis asteroid, likely to happen in the year 2036.
Senior U.S. lawmakers demanded answers on Tuesday from regulators and financial exchange operators about computer hacking attacks.
The state of California has agreed to settle a predatory lending lawsuit which it has filed against two former Countrywide Financial Corp. executives for $6.5 million.
Tackling Spain's dramatic unemployment rate is a priority for the country, said Spain's Secretary of State for the Economy at an investor presentation in London on Wednesday.
Full text of Judge Roger Vinson's ruling that the health care reform bill, passed by President Obama and Democrat lawmakers, is unconstitutional.
Netflix is set for integration with social networking site.
Defense contractor Lockheed Martin has agreed to pay the U.S. government $2 million to settle charges that it acted with others in knowingly violating the False Claims Act by rigging a contract at Stennis Space Center in Mississippi.
Bank of America Corp's Merrill Lynch unit has agreed to pay $10 million as part of a settlement with the U.S. Securities and Exchange Commission (SEC) that has accused it of fraudulently misusing customer orders so it could trade for its own benefit.
The final moments of the Challenger mission captured on audio and video.
LinkedIn, a social networking site for professionals, has filed a registration statement with the Securities and Exchange Commission (SEC) in preparation to for an initial public offering (IPO).
The president and the auditor of a Costa Rican company selling reinsurance bonds to life settlement companies have been arrested and charged for their role in a $670 million fraud scheme.
Graphics chip maker Nvidia launched a new chip in its GeForce GTX family - GeForce GTX 560 Ti.
Analysis finds that companies' greenhouse gas emissions have a definite impact on their valuations.
As the economy recovers, companies across industries indicate a cautious but definite return to attractive packages for its top bosses.
Ambulatory surgery centers operator NovaMed Inc. (NOVA) said it agreed to go private and be acquired by an affiliate of Surgery Center Holdings, Inc. for $13.25 a share in cash.
The companies that reported earnings after the markets close on Thursday are: Google, AMD, Capital One, International Game Technology, Wipro, Consolidated Edison, Maxim Integrated, Flextronics, Intuitive Surgical, Polycom...
The main challenge that is going to grip Page is going to be the confrontation with Facebook, the world’s largest networking site which is closing in on 1 billion users. And another competitor would be Apple in terms of mobile advertising. Recently Facebook was in the new about the challenge it posses over Google in terms of advertising.
The top after-market NASDAQ stock market gainers are: Danvers Bancorp, Intuitive Surgical, Clinical Data, Polycom, SinoTech Energy, and Google. The top after-market NASDAQ stock market losers are: Morgans Hotel Group, Seattle Genetics, Matrixx Initiatives, Synaptics, and DealerTrack Holdings.
