Business
New York City taxi drivers have been caught out overcharging passengers by $8.3 million in the past two years. The drivers were found to have been setting their meters at double rate and at least 1.8 million rides were wrongly charged.
The British government announced on Thursday that it was planning to build a $45 billion high speed rail corridor between the cities of London and Birmingham, and eventually to link to the northern cities of Manchester and Leeds. The train's 250 m...
A former IT employee has stolen information on 24,000 HSBC customers with Swiss bank accounts, the British bank said Thursday.
Mexican telecom tycoon Carlos Slim Helu, named the world's richest man, according to a new ranking published by Forbes magazine on Wednesday.
In a national referendum on Saturday, Icelanders rejected a plan to repay the U.K. and the Netherlands €3.9 billion ($5.3 billion) lost in the collapse of Icesave bank in 2008.
Two German congressmen suggested on Thursday that Greece should raise money from selling some of its uninhabited islands in order to avoid bankruptcy.
Economists Warn New Crisis Looming Over U.S.
Another financial crisis, even worse than the current one, is threatening the United States, according to a new report from a group of leading economists, financiers, and former federal regulators.
Apple sues HTC for patent infringement
Apple Inc. filed patent lawsuits against Taiwanese phone maker HTC Corp. on Tuesday, claiming violation 20 of its patents related the iPhone's touch screen technology and other features.
Warren Buffett, America's most famous, chairman of Berkshire Hathaway Inc., launched an attack Saturday on bank giants' executives, calling for penalties for those who led their companies to near-collapse.
Apple has admitted that children were recruited at some of its factories that build its computers, iPods and mobile phones.
Dominique Strauss-Kahn, the head of the International Monetary Fund, said Friday the organization might explore the options of providing countries with a global reserve currency as an alternative to the U.S. dollar.
The US central bank has launched an inquiry into derivatives contracts arranged between Goldman Sachs Group Inc. and investment banks with Greece, Ben Bernanke, chairman of the Federal Reserve, said on Thursday. .
Jobs That Pay $100,000 or More
A Newsweek column browses several job boards such as Indeed, Vault, and Yahoo! HotJobs to help you track the best job listings with salaries of $100,000 or more.
China's huge bubble to burst soon?
According to Marc Faber, publisher of the Gloom, Boom & Doom Report, the Chinese economy might crash in 2010.
According to a 2009 internal Toyota Motor Corp document handed over to U.S. lawmakers and made public on Sunday shows Toyota's Washington D.C. staff boasting of saving over $100 million by persuading regulators to halt a 2007 investigation of sudd...
The U.S. Department of Agriculture agreed to pay $1.25 billion to settle more claims by black farmers who said they were discriminated against in federal farm loan programs.
South Carolina State Rep. Mike Pitts has introduced a bill that would ban the recognition or use of US currency in South Carolina. The lawmaker says if the Federal Government continues to spend at the current rate, there’s a chance the U.S. econom...
Joe Biden says stimulus good for Michigan, rest of US
UNIVERSITY CENTER, Mich. — The year-old federal Recovery Act that has pumped billions in stimulus dollars into economically devastated states such as Michigan is working well, Vice President Joe Biden said Tuesday.
Pennsylvania lawmaker tries again to loosen beer-sales law
Beer drinkers, meet your liberator. State Sen. John Rafferty, flanked by a fife and drum corps in Revolutionary War getup and dozens of convenience store employees holding "Free My Beer" signs, said Tuesday that he will attempt once again to loose...
Obama pledges $8 billion for new nuclear reactors
President Obama announced $8.3 billion in federal loan guarantees Tuesday to help finance the first new nuclear reactors in the U.S. in nearly three decades, stoking hopes in the industry that a nuclear renaissance will take hold.