NEW YORK (AP) — The New York trustee appointed to recover money jailed financier Bernard Madoff stole from investors has sued three entities where he says more than $30 million in Madoff family money was tucked away.
WASHINGTON (AP) — Banking titan Citigroup Inc. is paying $75 million to settle civil charges that it misled investors about its potential losses from subprime mortgages as the housing bust hit in 2007.
NEW YORK (AP) — New York Attorney General Andrew Cuomo says his office has opened a fraud investigation into the life insurance industry.
ALBANY, N.Y. (AP) — New York's governor says he's planning for at least 1,000 layoffs to contend with a fiscal crisis after public employee unions refused to provide concessions.
DALLAS (AP) — Famed Dallas billionaire investors Sam and Charles Wyly made $550 million in undisclosed profits through 13 years of insider trading in the shares of companies on whose boards they served, according to a Securities and Exchange Commission lawsuit filed Thursday.
BELLEVUE, Wash. (AP) — Coinstar Inc., the operator of coin-counting machines and Redbox DVD rental kiosks, said Thursday that its second-quarter profit rose as revenue grew.
WASHINGTON (AP) — In a defeat for the powerful drug lobby, a Senate panel approved legislation to prohibit drug companies from paying generic drug makers to delay bringing less costly products to market.
The following recalls have been announced:
WASHINGTON _ President Barack Obama's election-year jobs agenda
suffered a new setback Thursday when Senate Republicans blocked a
bill creating a $30 billion government fund to help open up lending
fo
An announcement could come by today about the fate of the man who enraged Gulf residents.
CENTRAL ISLIP, N.Y. (AP) — A federal bankruptcy court on Thursday approved the $26 million sale of Ohio-based newspaper chain Brown Publishing Co. to a group of company insiders led by current President and Chief Executive Roy Brown.
WASHINGTON (AP) — Toxic assets the government bought during the bailouts of American International Group Inc. and Bear Stearns are finally gaining value, the Federal Reserve Bank of New York said Thursday.
SANTA CLARA, Calif. (AP) — Computer-security software maker McAfee Inc. said Thursday that its second-quarter profit rose 38 percent, helped by growth in its corporate and consumer businesses.
INDIANAPOLIS (AP) — Two environmental groups that oppose Purdue University's plans for a new coal-fired power unit challenged the school's air permit Thursday in an appeal that says regulators failed to fully assess how much pollution the project is expected to emit.
SEATTLE (AP) — RealNetworks Inc. said Thursday that its second-quarter loss narrowed even though its revenue fell because last year's second quarter included a large charge reflecting the declining value of its assets.
An energy company received federal approval Thursday to take
natural gas from a largely untouched, picturesque region of Utah by
agreeing to use new technology to drill under wild areas instead of
on
SALT LAKE CITY (AP) — An energy company received federal approval Thursday to take natural gas from a largely untouched, picturesque region of Utah by agreeing to use new technology to drill under wild areas instead of on top of them.
DETROIT (AP) — General Motors Co. will file paperwork in mid-August to start the process of selling stock to the public, the head of the United Auto Workers union said Thursday.
General Motors Co. will file paperwork in mid-August to start
the process of selling stock to the public, the head of the United
Auto Workers union said Thursday.