Small businesses have been targeted by phone hackers costing them billions last year, reports the New York Times.» Read More
Shielding assets from the tax man or from overly inquisitive regulators is a time-honored strategy for the wealthy. Some turn to secretive financial havens like Switzerland or the Cayman Islands. Or there’s always Fernley, Nevada.
CNBC's David Faber has the details on the FCC's prohibiting LightSquared from ground-based mobile services.
Citigroup was forced to write off $50 million after two traders accused of attempting to influence global lending rates left the bank, according to people familiar with a worldwide investigation that is gathering pace, the Financial Times reports.
More than a dozen traders and brokers in London and Asia have been fired, suspended or put on leave by their employers as a multinational probe into alleged manipulation of crucial global lending rates accelerates, the Financial Times reports.
Unregistered passengers might have been aboard the stricken cruise liner that capsized off the Tuscan island of Giglio, a top rescue official said, raising the possibility that the number of missing might be higher than previously announced.
CNBC's Eamon Javers has the details on the government's settlement against BofA's Countrywide unit.
The Department of Justice confirms that it's probing the amount Apple charges for electronic books, or e-books, with CNBC's Jon Fortt.
The federal judge overseeing the civil and criminal insider trading cases against former Goldman Sachs board member Rajat Gupta has put much of the civil case on hold, in a victory for prosecutors.
Republican presidential candidates are issuing biting and sustained attacks on the federal courts and the role they play in American life. The New York Times reports.
Kevin Smith, Solar Reserve CEO, discusses government loan guarantees and the future of thermal energy amid the Solyndra bankruptcy scandal.
CNBC's Darren Rovell has the details on an alleged ponzi scheme that hit the high stakes poker world.
The former IMF chief admitted to a “moral failing” but denied he had sexually assaulted a New York hotel maid in a widely-anticipated interview on French television.
The tables may be turned on one former SEC official. He may soon be investigated by the Justice Department for a potential conflict in the Madoff case: He was responsible for the agency's proposal for victim compensation even though he had a financial interest in the outcome.
Regulators are nearing a settlement with Fannie Mae and Freddie Mac over whether the mortgage finance giants adequately disclosed their exposure to risky subprime loans, bringing to a close a three-year investigation. The New York Times reports.
Dominique Strauss-Kahn returned home to France on Sunday, for the first time since attempted rape accusations by a New York hotel maid unleashed an international scandal that dashed the former International Monetary Fund chief's chances for the French presidency.
The week's top business news and investment advice, including telecom and retail picks, with CNBC's Oriel Morrison.
How much do you know about the business side of the aerospace and defense industries? Take our quiz and find out.
With the government seeking to block AT&T's deal to buy T-Mobile, investors were scrambling Wednesday. Find out where the Fast traders see opportunity.
The Fast Money traders weigh in on the winners and losers in the Justice Department's decision to block AT&T's acquisition of T-Mobile, and CNBC's Jon Fortt with a look at the impact the scuttled merger will have on the rest of the wireless universe.
Eric T. Schneiderman, the attorney general of New York, has come under increasing pressure from the Obama administration to drop his opposition to a wide-ranging state settlement with banks over dubious foreclosure practices, the New York Times reports.