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  • New York Governor Andrew Cuomo, a Democrat, has backed the proposed increase to $8.50 from the current $7.25 an hour, but the bill has met heavy resistance in the state senate, where Republicans have a power sharing agreement with a breakaway group of Democrats.

  • Bitcoin's Mt.Gox gets US bankruptcy protection Wednesday, 18 Jun 2014 | 3:50 AM ET
    This photo illustration shows a man looking at the bitcoin exchange website of MtGox in Tokyo on February 25, 2014.

    The failed Tokyo-based bitcoin exchange, Mt.Gox, received court approval on Tuesday to begin Chapter 15 bankruptcy proceedings in the United States.

  • June 17- The failed Tokyo- based bitcoin exchange, Mt Gox, received court approval on Tuesday to begin Chapter 15 bankruptcy proceedings in the United States as it awaits approval of a settlement with U.S. customers and a sale of its business.

  • This start-up just became NYC's richest Tuesday, 17 Jun 2014 | 2:20 PM ET

    ZocDoc is the new king of New York start-ups.

  • WASHINGTON, June 16- For 15 years, Massachusetts has been the most economically evolved U.S. state, according to an index released on Monday by the Information Technology and Innovation Foundation. California, Washington, Maryland, Colorado, Virginia, Connecticut, Utah and New Jersey rounded out the top 10 states.

  • NEW YORK, June 13- With the possibility of escalating violence in Iraq, stocks in the defense sector could garner more attention next week.

  • June 12- Canada's Amaya Gaming Group Inc on Thursday said it will buy for $4.9 billion Rational Group, which owns and operates the world's biggest online poker company PokerStars. Deutsche Bank, Barclays and Macquarie Capital will provide $2.9 billion in credit facilities and other financing.

  • June 11- Natrol Inc filed for bankruptcy on Wednesday, a day after a U.S. judicial panel consolidated several class actions accusing the health supplement maker of false marketing of its joint relief products.

  • WASHINGTON, June 11- Republican lawmakers are scrambling to identify the party's future leaders after the shock primary election defeat of Eric Cantor, the No. 2 Republican in the House of Representatives, by an upstart candidate from the Tea Party movement.

  • WILMINGTON, Del., June 10- Big Business is lobbying Delaware lawmakers for corporate bylaws to shift legal fees to shareholders who sue and lose, which legal experts say could curtail a booming type of investor class actions.

  • WILMINGTON, Del., June 10- Big business is lobbying Delaware lawmakers for corporate bylaws to shift legal fees to shareholders who sue and lose, which legal experts said could curtail a booming type of investor class actions.

  • June 9- Mark Zuckerberg and other members of Facebook Inc's board have been sued by a shareholder who claimed a policy letting them annually award directors more than $150 million of stock each if they choose is unreasonably generous. Facebook spokeswoman Genevieve Grdina said in an email: "The lawsuit is without merit and we will defend ourselves vigorously."

  • WILMINGTON, Del, June 6- Bankrupt Energy Future Holdings, Texas's largest power company, received court approval on Friday for one of its main businesses to borrow $5.4 billion to carry out a refinancing that is key to its huge restructuring. Bankruptcy Judge Christopher Sontchi in Wilmington, Delaware.

  • Skadden lawyer nominated for Delaware Supreme Court Friday, 6 Jun 2014 | 3:10 PM ET

    WILMINGTON, Del, June 6- Delaware Gov. Jack Markell nominated corporate lawyer Karen Valihura to become the second woman to serve on the state's Supreme Court, which plays a key role in interpreting the law that shapes Wall Street dealmaking.

  • WILMINGTON, Del, June 5- Texas's largest power provider, the bankrupt Energy Future Holdings, was cleared to get final approval on Thursday for about $4.5 billion in financing deals that it has said were important to maintaining its business.

  • WILMINGTON, Del, June 5- A lawyer for Texas's largest power provider, the bankrupt Energy Future Holdings, told a judge on Thursday the company had resolved most objections to financing arrangements that were important to maintaining its business.

  • June 4- Texas power giant Energy Future Holdings will square off against creditors in bankruptcy court on Thursday over a key question: will borrowing billions of dollars prop up the business or deepen its insolvency?

  • NEW YORK, June 3- Standard& Poor's suffered a defeat Tuesday in litigation accusing it of inflating credit ratings prior to the 2008 financial crisis, as a federal judge ruled that lawsuits by 16 U.S. states and Washington, D.C. belong in state courts, not federal court.

  • SEATTLE, June 2- The Seattle city council voted unanimously on Monday to approve a sharp increase in the city's minimum wage to $15 an hour over the next seven years, marking the first time a major U.S. city has committed to such a high base level of pay.

  • May 31- Eli Lilly and Co's cancer drug ramucirumab modestly extended survival in a large, late-stage study of patients with advanced, nonsmall cell lung cancer who had relapsed following initial treatment, according to data presented on Saturday.