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New York sues banks over foreclosures
Fri, 03 Feb 2012 15:15:48 EST
The New York attorney general sued some of the nation's biggest banks on Friday, accusing them of unlawful and deceptive practices for relying on a private electronic registry that tracks mortgages.
Place your bets on Facebook's IPO -- literally
Fri, 03 Feb 2012 12:47:17 EST
Facebook has finally filed for an IPO, but it likely won't start trading for months. For those who can't wait to gamble on the stock market, bookies are accepting bets.
Greece on the brink
Mon, 06 Feb 2012 10:10:10 EST
Officials in Greece were under pressure Monday to agree on the terms of a new bailout package, as the threat of a default hangs over the country.
Big drop in unemployment rate for blacks
Fri, 03 Feb 2012 15:22:27 EST
The unemployment rate for blacks fell more than 2 percentage points last month to its lowest level since March 2009.
House bill bans welfare spending at strip clubs
Mon, 06 Feb 2012 08:44:19 EST
If welfare recipients want to dole out the dollar bills at a strip club, they'd better make sure it's not government money ... at least if a bill in Congress becomes law.
Chrysler is king of the Super Bowl spots
Mon, 06 Feb 2012 11:31:37 EST
Once again, Chrysler's Super Bowl ad won the hearts and minds of football fans, this time with a little help from Clint Eastwood and, of course, Detroit.
Stocks: All eyes on Greece
Mon, 06 Feb 2012 08:19:36 EST
U.S. stocks were set for a weak open Monday as investors anxiously await a Greek government decision on budget cuts that are key to securing a second bailout and avoiding default.
Micron CEO Steve Appleton dies in plane crash
Fri, 03 Feb 2012 15:58:10 EST
Micron CEO and chairman Steve Appleton died Friday morning in a small-plane crash in Boise.
Citi wins OK for Chinese credit card
Mon, 06 Feb 2012 10:29:25 EST
Citibank won approval to issue its own credit card in China, making it the first non-Asian bank to enter that market.
Stocks: Let the good times roll?
Sun, 05 Feb 2012 13:00:30 EST
Stocks surged last week to their highest levels in years, but there are few key economic reports slated for the week ahead to sustain the rally.
Obama vs. Reagan: A tale of two recoveries
Mon, 06 Feb 2012 10:41:09 EST
Faced with a strong jobs report Friday, Republicans tried out a new rhetorical message: This isn't a disaster, but Ronald Reagan could have done better.
Goldman's Blankfein endorses same-sex marriage
Mon, 06 Feb 2012 10:04:42 EST
Goldman Sachs CEO Lloyd Blankfein has recorded a commercial endorsing the right to same-sex marriage, becoming one of the highest profile corporate executives to weigh in on the controversial campaign.
Kiss QE3 hopes goodbye. And good riddance!
Fri, 03 Feb 2012 12:29:00 EST
The strong January jobs report may finally put a nail in the QE3 coffin.
Stocks edge lower amid Greece jitters
Mon, 06 Feb 2012 12:37:05 EST
U.S. stocks slipped, as investors anxiously await a Greek government decision on budget cuts that are key to securing a second bailout and avoiding default.
Disney employees now allowed to grow beards
Fri, 03 Feb 2012 19:06:17 EST
Mickey Mouse can finally grow that goatee he's always wanted. Until now, Disney parks and resort employees had been prohibited from growing beards and goatees. Starting Friday they may do so, so long as they're a quarter-inch or shorter.
Beat stress for less
Fri, 03 Feb 2012 16:34:51 EST
This year the end of the holidays probably didn't bring the usual stress relief; there are still worries about unemployment, a flailing housing market, and a volatile stock market, all of which may be taking a toll on your health.
Verizon and Redbox team up to battle Netflix
Mon, 06 Feb 2012 11:19:10 EST
Verizon and DVD kiosk company Redbox said Monday that they're teaming up on a streaming video partnership, a move that puts Netflix squarely in their crosshairs.
Ford cries foul on Chevy 'apocalypse' ad
Mon, 06 Feb 2012 11:24:59 EST
General Motors ignored a request from Ford Motor Co. and ran a humorous Chevrolet truck ad during the Super Bowl that takes a slap at Ford.
Stealth jobs boom: 6 months, 2 million jobs
Fri, 03 Feb 2012 12:52:52 EST
Companies are saying the job market is getting better. Workers are saying it's already kicked into high gear.
This is NOT a tech bubble
Mon, 06 Feb 2012 12:21:10 EST
The Nasdaq is at its highest level since the end of 2000. Highly speculative companies like Netflix and Zynga are soaring, and investors are salivating about possibly paying 100 times earnings for Facebook when it goes public.