The Supreme Court ruled that the victims of former Texas tycoon R. Allen Stanford's massive Ponzi scheme can go forward with class-action lawsuits.
Optim Energy, an electric company owned by a Bill Gates investment fund, filed for Chapter 11 bankruptcy after piling up losses in a depressed power market.
Daniel Loeb's hedge fund will be losing Rhode Island as a client after the state's pension fund found his Third Point too risky.
Michaels, the biggest U.S. arts and crafts retailer, said on Saturday it is working with federal law enforcement officials to investigate a possible data breach on its systems that process payment cards.
Goldman has been quietly moving thousands of jobs to cheaper cities like Salt Lake City in recent years, a move that's finally paying off.
A judge rejected a conservative challenge to insurance subsidies available to people that declined to establish their own online marketplaces.
A U.S. federal judge dismissed a lawsuit challenging new rules forcing banks to tell IRS officials about accounts held by foreigners.
A group of Ohio car dealerships has become the latest group to sue Tesla over its direct-to-consumer business model.
In states opting out of the Medicaid expansion program, hospitals face higher costs under the Affordable Care Act.
Rob Mawhinney desperately wanted to become a rockstar. Instead, he found fame when he pleaded guilty to money laundering and loan fraud.
Gordon Coburn, Cognizant Technology Solutions president, discusses his company's plan to expand hiring and move its corporate headquarter from New Jersey to the Lone Star State.
New data on the population of millionaires suggest little connection between tax rates and a state's population of millionaires.
Wider efforts to rebuild America's deeply depressed cities can't succeed until public safety is restored.
Even struggling metros are having success in attracting investment. In the process, they are creating a virtuous cycle of creativity.
These sunshine cities have focused their efforts on developing new industry niches to strengthen their local economies and promote future growth.
The ebbing economic tide from the Great Recession revealed some of the worst swindles in municipal finance in decades.
Detroit's bankruptcy, and rumblings about tax overhaul, have fueled a big sell off in the municipal bond market. What's next?
Visit any American city and it doesn't take a whole lot of imagination to see where its greatness came from—however faded it may seem to be.
Chattanooga has made a comeback over the last 5 years thanks to investing in high-speed broadband. In the process, it has wooed $4 billion in foreign investment.
The head of the National Urban League outlines a plan to close the economic divide that's crippling U.S. cities.