A new distribution announced Tuesday by court-appointed trustee Irving Picard will bring the total amount returned to investors past $5 billion for the first time.
Apple's CEO Tim Cook forcefully rebutted criticism on Tuesday that his company was too tight-fisted with its $137 billion cash pile, saying the tech giant "does not have a Depression-era mentality".
In the State of the Union, Obama will lay out a plan for economic growth, seeking to attract jobs from overseas, the White House said. Traders are interested in his tone.
Passengers aboard a cruise vessel stranded in the Gulf of Mexico after a weekend engine fire have limited access to bathrooms, food and hot coffee, but also a new destination: Mobile, Ala.
The explosion in Chinese wealth is being felt across the United States as hundreds of thousands of Chinese tourists descend upon America. They're here to celebrate their New Year holiday, and while they're at it, spend like crazy.
President Obama's State of the Union Address represents his largest opportunity to sway the public and Congress behind his goal for "balanced" deficit reduction, according to his longtime strategist David Axelrod.
McGraw-Hill, which is being sued by the U.S. government for bond ratings issued by its S&P unit, reported a surge in quarterly adjusted profit and said it does not believe the government can prove its case.
Homeowners who took on mortgages well after the housing bubble burst are doing a better job in keeping up with payments, a trend that has helped push the national rate of late payments on home loans to the lowest level in four years.
The U.S. National Transportation Safety Board is investigating whether tiny fiber-like formations inside lithium-ion batteries could have played a role in battery failures on two Boeing 787s.
Small-business owners' confidence was virtually flat in January, as entrepreneurs failed to recoup losses sparked by December's scare about the so-called "fiscal cliff," according to the NFIB.
Tesla CEO Elon Musk told CNBC that a recent New York Times article claiming that cold weather cuts the mileage on the Tesla electric car is bogus. The Times shot back that the allegations were "flatly untrue."
The PIMCO Total Return Fund, decreased its mortgage holdings to its lowest level since mid-2011, ahead of the prospect of higher interest rates and emerging inflationary pressures.
Private equity firm Carlyle Group recently approached Nasdaq OMX Group about taking the exchange operator private, but the talks fell apart over a disagreement on price, sources familiar with the deal said on Monday.
Microsoft announced its latest gaming system called Xbox One, reports CNBC's Julia Boorstin; and Don Mattrick, Microsoft Interactive Entertainment Business, discusses the development and marketing of the product.
A report on the ongoing rescue efforts in Oklahoma, and the impact on insurers, with CNBC's Jane Wells and Mary Thompson; and Joplin City Manager R. Mark Rohr and WeatherFX Chief Meteorologist Paul Walsh, offers insight.
Senator Rand Paul (R-KY) said he thinks the committee should apologize to Apple as the tech giant's CEO Tim Cook was testifying on tax code, reports CNBC's Eamon Javers. David Selig, Selig & Associates Federal Tax Practitioner, discusses.