BP CEO: Time to Scale Back Gulf Cleanup

business

6 hours ago

BP CEO: Time to Scale Back Gulf Cleanup

Incoming BP CEO Bob Dudley, who heads the company’s oil spill recovery, said it’s time to “scaleback” clean up the spill in the Gulf of Mexico.

Lawsuits Filed Seeking $30 Million of Madoff Investments

business

Jul 30, 2010

Lawsuits Filed Seeking $30 Million of Madoff Investments

The court-appointed trustee who is trying to recover billions of dollars lost Bernie Madoff's investment schemes filed three lawsuits this week in an attempt to recover $30 million the Madoff family invested.

Disney Sells Miramax for $660 Million

business

Jul 30, 2010

Disney Sells Miramax for $660 Million

Disney says so long to the Weinstein brothers.

BlackBerry May be Berry Good with New OS

business

Jul 29, 2010

BlackBerry May be Berry Good with New OS

A new BlackBerry, but more importantly, a new BlackBerry operating system upgrade, is coming. "Yawn," you say? Don't be too quick to dismiss Research In Motion and its sturdy line of smart phones.

Fed Official Worries: U.S. Economy Could Turn Japanese

business

Jul 29, 2010

Fed Official Worries: U.S. Economy Could Turn Japanese

James Bullard, president of the Federal Reserve Bank of St. Louis, said Thursday the U.S. economy could tip into a Japanese-like bout of deflation if conditions weaken.

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