Three Arkansas football players have been arrested for residential burglary.
Fitch Ratings on Friday downgraded JPMorgan Chase & Co. (NYSE: JPM), which just revealed at least $2 billion in losses on questionable trading. The downgrade came on the same day that a U.S. senator called for a Congressional probe of the giant bank and the head of the Securities and Exchange Commission confirmed that her agents are eyeing the money center's hedging activity.
U.S. Securities and Exchange Commission investigators are probably in the process of drafting subpoenas against JPMorgan Chase & Co. (NYSE: JPM), if they have not already filed them, regarding the bank's loss of $2 billion through proprietary trading, said ex-SEC New York Regional assistant director Joseph Dever.
U.S. Securities and Exchange Commission (SEC) regulators are monitoring JPMorgan Chase & Company (NYSE: JPM) following the disclosure that the bank lost $2 billion in bad hedging action carried out by the so-called Whale of London, SEC Chairwoman Mary Schapiro said Friday.
Rather than deal with business, directors of Yahoo (Nasdaq: YHOO), the No. 3 search engine, have been busy all week in the ?resume embellishment? scandal that forced one director to quit and put the CEO under a cloud.
Shares of JPMorganChase (NYSE: JPM) plunged 8 percent Friday after disclosing it had lost at least $2 billion in credit default swap trading.
Fragrance maker Coty Inc. increased its bid to buy troubled Avon Products Inc. (NYSE: AVP), the world's largest direct sales beauty company, to around $10.7 billion on Thursday, putting more pressure on Avon's board to negotiate.
Bobby Petrino's famous motorcycle is up for auction.
Third Point Capital, the New York hedge fund with a 5.8 percent stake in Yahoo (Nasdaq: YHOO), the No. 3 search engine, has scored again. Also, Yahoo's director has agreed to quit.
Shares of Yahoo (Nasdaq: YHOO), the No. 3 search engine rose slightly after dissident investor Third Point Capital demanded access to confidential data.
Shares of Yahoo (Nasdaq: YHOO), the No. 3 search engine rose after the company said it was reviewing challenged backgrounds of top executives.
Bobby Petrino: Jessica Dorrell Scandal May Not Mean an End to Former Arkansas Coach's Career [Analysis and Timeline]
Bobby Bowden believes Petrino will get another coaching job in the near future despite his transgressions.
Depressed theater sales in the U.S. and bullish predictions about China's growing film market are driving big Hollywood directors and major studios to look across the Pacific for growth opportunities.
Scott Forstall, Apple Sr. VP Of IOS, Cashes In $38.7 Million Worth Of Stock; Why He Won't Leave Company
Scott Forstall, The Apple senior vice president of iOS software, just scored a $38.7 million payday, according to an SEC filing cited by Fortune Magazine. Forstall, 42, recently cashed in over 64,000 company shares, which netted him close to $40 million.
As a result, the San Francisco company?s IPO could raise the $5 billion as outlined in the latest amendment to its IPO filed with the U.S. Securities and Exchange Commission on April 23.
Wynn Resorts, Limited (Nasdaq: WYNN) received approval to begin breaking ground at its 51-acre casino sight on Macau's Cotai strip, an approval that has been in limbo since March, the company said Wednesday.
Shares of Chesapeake Energy Corp., the No. 2 natural gas producer in the U.S., plunged Wednesday after a report that the CEO and co-founder secretly ran a hedge fund that traded in the same commodities that the Oklahoma City company produces.
Facebook IPO Date Is May 18, 2012: Why Mark Zuckerberg's Social Network Is Worth $100 Billion (And Then Some)
The IPO on everyone's minds for the past few years -- and possibly the biggest one in history -- is upon us: Facebook will finally make its Wall Street debut on Friday, May 18, 2012. Sources also say Facebook will begin its IPO roadshow on Monday, May 7. Will Mark Zuckerberg enjoy the biggest IPO in history?
Chesapeake Energy Corp will find an independent, non-executive chairman to replace Aubrey McClendon, who will retain his position as chief executive officer, the natural gas producer said on Tuesday.
Tuesday is May Day, the international celebration of the workers' movement that for most countries means a day off with most businesses closed. In the United States, where Labor Day is in September, May 1 is a workday like any other. But it may well be a historic date, one way or the other, for the loosely-organized movement against social and economic inequality known as Occupy Wall Street.
The Securities and Exchange Commission launched a probe on Thursday of a program by Chesapeake Energy Corporation (NYSE: CHK) that let its founder and CEO get an ownership interest in any well drilled by the second-largest U.S. natural gas producer.
Here are a few of the more interesting prop bets from online sportsbooks regarding the NFL Draft.
U.S. regulators are investigating major U.S. movie studios' dealings with China as the entertainment companies try to get a greater foothold in one of the fastest-growing movie markets in the world.
The University of Arkansas has hired Weber State head coach John L. Smith to replace ex-head coach Bobby Petrino on an interim basis, a sensible move considering both his past ties to the university and the university's high profile.
Facebook To Pay Microsoft $550 Million For Part Of AOL Patent Trove, Reports Slower Revenue, Earnings Gains
Facebook, the No. 1 social network, said it will pay Microsoft (Nasdaq: MSFT), the world's biggest software company as well as Facebook investor, $550 million for part of a 990-patent trove acquired from AOL (NYSE: AOL).
John L. Smith will be the next Arkansas football coach.
Infosys, one of India's leading software services exporters, is facing a US Department of Homeland Security (DHS) probe following an accusation that the company misused B1 visas.
Twin brothers in the U.K. allegedly defrauded about 75,000 investors by telling them a stock-picking robot named "Marl" could identify penny stocks that would double in price while the brothers were simply listing stocks they were paid to promote, the U.S. Securities and Exchange Commission charged on Friday.
The Katy Perry wardrobe malfunction scandal was concocted by bored media outlets with nothing better to do than try to make a mountain out of a nip-hill.
The U.S. Securities and Exchange Commission accused two 20-year-old British twins of getting investors to pay for stock tips produced from phony robot software.