By Elaine Donnelly
Extending sexual misconduct to combat units
Every few years, at least from the time of President Franklin D. Roosevelt, there is a scandal involving abuse of power at the Internal Revenue Service.
Jonnie R. Williams' lavish gifts and his company’s generous political donations are at the center of a growing scandal dogging the state’s two top Republicans — Gov. Bob McDonnell and Attorney General Kenneth T. Cuccinelli II.
Charged with trying to prevent the next Enron or Bernie Madoff scandal, the Securities and Exchange Commission hasn't kept close enough tabs on its own financial books.
A majority of Federal Reserve policymakers want to continue extraordinary bond purchases to help boost the economy at least through the middle of the year, according to minutes from the Fed's last meeting, which were released Wednesday.
The Senate on Monday unanimously confirmed President Obama's appointment of Mary Jo White to lead the Securities and Exchange Commission, even as Republicans continue to reject Richard Cordray, who was nominated at the same time to head another financial watchdog agency.
Pepco has been faulted repeatedly for dismal reliability and the electric company's hundreds of thousands of customers have little choice but to go with the monopoly, yet its chief executive's compensation package rose from $6.7 million in 2011 to $11.4 million last year, financial documents filed last week show.
Many businesses and conservatives have made no secret that they like the $85 billion of across-the-board federal spending cuts this year because of their long-standing agenda to "starve the beast" of government. But less understood is how they welcome the sequester cuts because some of the deepest reductions target agencies busy preparing a slew of rules that businesses contend are onerous and will harm the economy.
Microsoft is entangled in a U.S. government investigation into whether the software maker and some of its business partners resorted to bribery to close deals in China, Romania and Italy, according to a report published Tuesday.
After Friendster came MySpace. By the time Facebook dominated social media, parents had joined the party, too. But the online scene has changed - dramatically, as it turns out - and these days even if you're friends with your own kids on Facebook, it doesn't mean you know what they're doing.
EBay Inc. CEO John Donahoe's compensation nearly doubled to $29.7 million in 2012, a year that saw the e-commerce company's stock gain 68 percent thanks to growth in its namesake marketplaces business and PayPal.
The U.S. Justice Department is investigating drug maker Sanofi's disclosures to the Food and Drug Administration about different responses to its blockbuster blood thinner Plavix.
A federal judge has denied a request by Dallas Mavericks owner Mark Cuban to throw out a civil lawsuit accusing him of insider trading.
Sen. Robert Menendez sponsored legislation with incentives for natural gas vehicle conversions that would benefit the biggest political donor to his re-election, the same eye doctor whose private jet Menendez used for two personal trips to the Dominican Republic
First the SEC, now the FBI. Warren Buffett's Berkshire Hathaway fund, which bought Heinz last week for $23 billion, is under a cloud of investigation for suspicious trade deals that were tracked in the lead-up to the purchase.
After the 2008 economic crisis, President Obama pledged to hold banks and financial institutions more accountable and shine a light on the government agencies that regulate them, but watchdogs say a new panel created to head off another market meltdown is shrouding itself in secrecy.
