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The FBI is looking into the relationship between Virginia Governor Robert McDonnell and a major campaign donor who paid the caterer at his daughter's wedding, reports CNBC's Eamon Javers.
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LOS ANGELES, May 6- One of Justin Bieber's hit songs is the target of a $10 million copyright infringement lawsuit that also accuses Bieber's mentor, R&B singer Usher, of funneling the song to the teen pop star.
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NEW YORK, May 6- For the second time in a week, a federal judge has blocked a securities arbitration against Citigroup Inc, allowing the bank to avoid fighting a multi-million dollar case before Financial Industry Regulatory Authority arbitrators.
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NEW YORK, May 6- For the second time in a week, a federal judge has blocked a securities arbitration against Citigroup Inc, allowing the bank to avoid fighting a multi-million dollar case before Financial Industry Regulatory Authority arbitrators.
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May 3- The regulator of U.S. power markets appears likely to pursue manipulation charges against JPMorgan Chase& Co, analysts said, after a New York Times report on the agency's document that seemed to lay out its case.
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RICHMOND, Va., May 3- Stronger U.S. job creation in April reinforces the argument to scale back Federal Reserve bond purchases, one of the central bank's most hawkish policy-makers said on Friday, after better than expected data eased concern the U.S. economy had stumbled.
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RICHMOND, Va., May 3- A recovery in the U.S. housing market means the Federal Reserve should think about how to reduce its holdings of mortgage-backed securities over time in order to avoid creating another bubble in real estate, a top U.S. central banker said on Friday. "The housing market seems like it is recovering quite well at this point.
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RICHMOND, Va., May 3- Some measures of U.S. inflation have been "on the low side" but will edge back toward the Federal Reserve's 2 percent goal by next year, a senior U.S. central banker said on Friday, playing down the risk of deflation that might warrant more Fed stimulus.
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RICHMOND, Va., May 3- Some measures of U.S. inflation have been "on the low side" but will edge back toward the Federal Reserve's 2 percent goal by next year, a senior U.S. central banker said on Friday, playing down the risk of deflation that might warrant more Fed stimulus.
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WASHINGTON/ WELLINGTON, May 2- A trip to New Zealand will put America's chief prosecutor on the same soil as a flashy internet mogul who is fighting extradition to the United States on charges he assisted massive piracy of copyrighted movies and music.
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By David Ingram and Naomi Tajitsu. WASHINGTON/ WELLINGTON, May 2- A trip to New Zealand will put America's chief prosecutor on the same soil as a flashy internet mogul who is fighting extradition to the United States on charges he assisted massive piracy of copyrighted movies and music.
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*777-8 X seen breaking Boeing's record for jetliner range. PARIS/ DUBAI, May 3- Boeing has shown airlines a blueprint for the world's longest-range passenger jet, adding spice to a long-awaited revamp of its 777 wide-body jet, people familiar with the matter said.
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*777-8 X seen breaking Boeing's record for jetliner range. PARIS/ DUBAI, May 3- Boeing has shown airlines a blueprint for the world's longest-range passenger jet, adding spice to a long-awaited revamp of its 777 wide-body jet, people familiar with the matter said.
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*Tech shares lift Nasdaq; Apple and Facebook advance. NEW YORK, May 2- U.S. stocks closed about 1 percent higher on Thursday, led by tech shares, after weekly jobless claims figures pointed to improving labor market conditions a day before the closely watched monthly payroll report.
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NEW YORK, May 2- Global equity markets rallied but the euro slumped against the dollar on Thursday after the European Central Bank cut interest rates to an all-time low and its president suggested the possibility of negative deposit rates in the future.
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*PHLX semiconductor index hits 2- yr high, Facebook advances. NEW YORK, May 2- U.S. stocks advanced about 1 percent on Thursday as data pointed to improved labor market conditions a day before the closely watched payroll report, while the European Central Bank took steps to shore up the euro zone economy.
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I had an excellent vantage point this week from which to assess this question: the global conference of the Milken Institute in California, which brings together 1,000 business executives, politicians and financiers in a U.S. equivalent of the Davos economic forum, transplanted to the warmer and even plusher surroundings of Beverly Hills.
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May 2- This is a critical week for the world economy and financial markets, especially in the United States.
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May 2- Alpha Natural Resources Inc reported a narrower-then-expected first-quarter loss on Thursday thanks to cost-cutting in a tough market. "That's the only thing anyone can focus on right now- they can't control pricing," Raymond James analyst Jim Rollyson said. " Costs also fell in the Powder River Basin, to $10.02 per ton from $10.96.
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The Pentagon is preparing to ask Congress soon for more authority to shift funds to cope with automatic spending cuts, confronting lawmakers with another exception to the "sequester."
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*Canberra reassesses military in light of U.S. pivot By Andrea Shalal-Esa and Rob Taylor. "Australia, Norway, the Netherlands-- it's all good news for the F-35 program," said a U.S. defense official, although he added that U.S. budget cuts could still pare down Washington's order of 29 jets in fiscal 2013, which ends on Sept. 30.