Business News

Certainly the divers charged with recovering the bodies of sailors lost in a 3-day old shipwreck never expected to find a man alive. The Jascon 4 tug had been guiding a Chevron oil tanker off the Nigerian coast in high s...

By now, many of the "Fast and Furious" cast and crew have expressed their condolences in light of Paul Walker's sudden death this past weekend. Missing from those reactions was Walker's longtime co-star and friend Vin Di...

With blood oozing from deep lacerations, the two patients arrived at California Pacific Medical Center's tidy emergency room.

Americans -- including the president -- helped local businesses get a big jump on the holiday season by "shopping small" on Small Business Saturday. Shoppers familiar with the campaign spent an estimated $5.7 billion at ...

When your uncle loans you $10,000 to tide you over, is it taxable income? Nope. What about when the bank loans you $100,000? No again. That?s provided it?s a real loan and not income. That?s a key distinction that lan...

Janet Yellen is set to take the lead role at the Federal Reserve once Chairman Ben Bernanke steps down, and her challenge is set up for her: how to taper and begin exiting the Fed's easy stance without spooking the marke...

(NEW YORK) -- Hilton Worldwide Holdings Inc. said Monday that it could raise as much as $2.37 billion, making it one of the year’s biggest IPOs. The hotel operator said in a regulatory filing that the offering of 112.8...

Bank of America on Monday said it will pay Freddie Mac $404 million to settle remaining claims over soured home loans the bank sold to the mortgage giant, marking the…

Stockholm-based KnCMiner sold $8 million worth of their new $10,000-a-pop bitcoin miners in 24 hours last Wednesday, according to KnC spokesman Alex Lawn. Bitcoins are mined by directing intense amounts of computing powe...

It took Wal-Mart Chairman Rob Walton a matter of seconds to burn through millions of dollars on a race track last year. He was reportedly tearing around a corner in his rare Shelby Daytona Cobra Coupe, one of five ever m...

Cleveland kidnapper Ariel Castro's prison suicide was "not surprising and perhaps inevitable," according to a report released Tuesday by two independent prison consultants. The Associated Press reports that the man who ...

Waiting period is the number of days after you first buy the insurance

The revelation that a New York City commuter train derailed while barreling into a sharp curve at nearly three times the speed limit is fueling questions about whether automated crash-avoidance technology could have prev...

A judge was expected to announce Tuesday whether Detroit can come up with a plan to get rid of $18 billion in debt in the largest public bankruptcy in U.S. history, a case that ultimately could crack a shield protecting ...

What comes to mind when someone mentions "startups"? The archetypal image of two guys in a garage cranking out a tech-based, soon to be VC-backed startup in Silicon Valley is one of the many myths of the entrepreneurship...

Ranchers and the Klamath Tribes signed a tentative deal Monday in Klamath Falls for sharing water in the drought-stricken Upper Klamath Basin.

Cyber Monday sales are expected to hit $2 billion, according to the research firm comScore. That’s a 36% increase over last year’s $1.47 billion in sales. Mobile devices, from smartphones to tablets, accounted for mo...

Analysts say bank’s decision to stop handling accounts of the Cuban Interests Section may signal problems for other money flows to the island

CARCAS, Venezuela (AP) -- Venezuela's government is setting limits on prices for cars as President Nicolas Maduro tries to close a popular loophole used by savers to guard against the fastest inflation in two decades.  ...

SAN FRANCISCO (AP) -- Apple has bought Topsy Labs in a deal that will provide the iPhone maker with more insights about the chatter on Twitter.     

This article is by Peter Daboll, CEO of Ace Metrix.

Microsoft today placed a $3.25 billion offering across 1.625% five-year notes at T+35, 3.625% 10-year notes at T+90, and 4.875% 30-year bonds at T+105, sources said. Spreads were set firm to initial whispers in the T+45...