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Wells Fargo & Co. has agreed to pay $85 million to settle civil charges that it falsified loan documents and pushed borrowers toward subprime mortgages with higher interest rates during the housing boom.
EBay Inc.'s second-quarter results beat analyst expectations Tuesday with growth in its PayPal online payment service and marketplace business _ although profit fell 31 percent on charges from its recent purchase of e-commerce retail site operator GSI Commerce.
Fourteen people were arrested Tuesday for allegedly mounting a cyberattack on the website of PayPal in retaliation for its suspending the accounts of WikiLeaks.
Have things stopped getting better? Americans had become used to ever-increasing living standards, but there is evidence that for many people, life is not improving. There is also a growing pessimism about the future with surveys showing that Americans do not think their children and grandchildren will be better off.
Malaysia worked Wednesday to thwart a planned assault on the government's official website by international hacker vigilantes who accuse authorities in this Southeast Asian country of Internet censorship.
Instead of paying attention in high school, Nick Cammarata preferred to read books on whatever interested him. He also had a gift for coding that got him into Carnegie Mellon University's esteemed computer science program despite his grades.
Google Inc.'s ambitious plan to supplant credit cards with smartphones has thrust the Internet search leader into a legal tussle with online payment pioneer PayPal, which contends Google stole its ideas by hiring away two key executives.