The iconic Empire State Building has been at the center of battles for control by larger-than-life figures. A new one is coming to a head. The NY Times reports.
Novartis plied physicians with dinners, speaker fees, fishing trips and outings at Hooters restaurants to get them to prescribe patients more Novartis drugs, the US government alleges. Globalpost reports.
High-frequency traders are facing "speed limits" on a major trading platform, which is being touted as a template for a regulatory clampdown on computer-driven activity, the FT reports.
Bankers who behave recklessly would be jailed under a new law being considered by MPs and peers on the banking commission, whose final report is due next month. The FT reports.
Japan's securities watchdog is investigating a U.S.-based investment company on suspicion that it falsified reports and could not account for up to $1.4 billion in disclosed funds.
In a marked difference to prior annual meetings, Citigroup shareholders praised management and the board on Wednesday for revitalizing the bank's strategy.
If not for the Fed's cheap money, spending cuts likely would be having a larger impact on economic growth, hiring, business spending and consumer sentiment. NBC News.
A regulatory filing on behalf of Suffolk County shows it missed an interest payment on some of its debt, putting the county technically in default.
Max Baucus, chairman of the powerful Senate Finance Committee, will not seek re-election to a seventh term next year, according to a Democratic aide.
A policy change scheduled to go into effect this week that would have allowed passengers to carry small knives, bats and other sports equipment onto airliners will be delayed.
White House Press Secretary Jay Carney says Dzhokhar Tsarnaev will not be treated as an "enemy combatant" in the Boston Marathon bombings case.
A growing number of business are declaring that they are not ordinary corporations, but are something else—special trusts that are typically exempt from paying federal taxes.
The regulator's approval is crucial in returning the jet to service after it was grounded for over three months because of lithium-ion batteries that caught fire.
The Justice Department and Anheuser-Busch InBev have reached agreement to let the beer giant expand its stake in Mexico's Grupo Modelo, according to court documents and company statements.
Twenty-four current and former Internal Revenue Service employees have been charged with stealing government benefits, federal prosecutors said Wednesday.
The ballooning banks' bottom lines - some thing the first quarter will be the best ever - could embolden lawmakers and regulators who want to overhaul the banking system. NYT reports.
In Michigan, more than 3,500 lottery winners are also on public assistance, drawing attention to waste in a state still reeling from the nation's economic downturn.
For the past year, a special team of regulators has been trying to end Wall Street's attitude that large banks can always look forward to a bailout.
The man at the center of a new financial scandal that could involve some NFL and NBA players came out swinging against a complaint from regulators.
A bankruptcy judge rejected $20 million severance for American Airlines CEO Thomas Horton that was part of a merger agreement with USAirways.