EMI Group Ltd., home of The Beatles and Coldplay, has been sold in two parts for $4.1 billion.
There is an ongoing battle between television broadcasters and the cellular telephone industry. Steve Largent, president of CTIA - The Wireless Association, has lobbied exhaustively for the auction of broadcast television spectrum to solve a purported cellular spectrum shortage. Mr. Largent has been echoing a claim first made by Federal Communications Commission (FCC) Chairman Julius Genachowski in an appearance before Mr. Largent's trade group in 2009.
Home builders started projects in September at the fastest pace in 17 months, a hopeful sign for the economy.
Citigroup has agreed to pay $285 million to settle civil fraud charges that it misled buyers of complex mortgage investments just as the housing market was starting to collapse.
Holiday travelers may want to lock in airfares now, because they're going up.
Citigroup has agreed to pay $285 million to settle civil fraud charges that it misled buyers of complex mortgage investments just as the housing market was starting to collapse.
Citigroup's earnings rose 74 percent in the third quarter, to $3.8 billion, on an accounting gain and lower losses from loans.
A new book offering an insider's account of the White House's response to the financial crisis says that U.S. Treasury Secretary Tim Geithner ignored an order from President Barack Obama calling for reconstruction of major banks.
A new book offering an insider's account of the White House's response to the financial crisis says that U.S. Treasury Secretary Tim Geithner ignored an order from President Barack Obama calling for reconstruction of major banks.
