Joe Torre resigned Wednesday as Major League Baseball's executive vice president for baseball operations to join a group trying to buy the Los Angeles Dodgers.
The Federal Reserve on Tuesday moved to toughen capital requirements for the country's largest banks, saying their size and stretch could threaten the overall financial system.
Where there is billowing, suffocating smoke, there generally is fire. The dark smoke of corruption is billowing around former Democratic senator, New Jersey governor, Goldman Sachs bigwig and MF Global Chairman and CEO Jon Corzine. A pall of suspicion has followed Corzine the Corrupt's career like flies at a summer barbecue.
A federal rule adopted Monday places tighter restrictions on how U.S. trading firms can invest their customers' money. The action comes amid a federal investigation into whether MF Global illegally tapped its clients' accounts before filing for bankruptcy.
The 49ers are a big step closer to moving from San Francisco to a new stadium about 45 miles south in Santa Clara.
A rally that drove major stock indexes up 7 percent this week stalled Thursday. Stock indexes ended slightly lower, a day after the market posted its biggest gain in 2 1/2 years.
The court-appointed trustee overseeing MF Global's bankruptcy says up to $1.2 billion is missing from customer accounts, double what the firm had reported to regulators last month.
A warning from Fitch Ratings that large U.S. banks could be hit hard if Europe's debt crisis spreads sent stocks on a downward spiral late Wednesday.
Time Warner Inc. is making an unsolicited bid to acquire Endemol, the Dutch entertainment giant behind hit reality TV shows like "Big Brother" and "Deal or No Deal."
