Today's Business Headlines
WASHINGTON (Reuters) - With a close vote looming, the U.S. House of Representatives was expected to open debate on Saturday on a sweeping reform bill that would spark the biggest healthcare changes in four decades.
President Barack Obama planned to visit Congress on Saturday morning to rally ...
East West said the transaction made it the second-largest independent bank in California. Based in Pasadena, East West has 137 U.S. branches, including offices in New York, Atlanta, Boston and Seattle, and four in China.
United Commercial Bank, with assets of $11.2 billion, was the 120th U.S. bank ...
NEW YORK (Reuters) - The trial of two former Bear Stearns hedge fund managers on fraud charges ended on Friday with sharp arguments over the meaning of the word "toast" in one defendant's email about the subprime mortgage market.
Ralph Cioffi, 53, and Matthew Tannin, 48, have denied ...
A number of becomes banks have said they would exit the Federal Family Education Loan Program, this year.
The Student Aid and Fiscal Responsibility Act of 2009 would replace the FFELP program with direct government loans. It has passed the U.S. House of Representatives and is awaiting a Senate ...
SAN FRANCISCO/NEW YORK (Reuters) - Forget the buzz over the next "Twilight" film or James Cameron's "Avatar." The biggest entertainment hit of the holiday season may come on Tuesday, when "Call of Duty: Modern Warfare 2" hits stores.
The video game published by ...
WASHINGTON (Reuters) - U.S. President Barack Obama on Friday listed a range of fresh options being considered by the White House to spur growth after "sobering" news that unemployment spiked to a 26 1/2-year peak last month.
Obama, who earlier signed a bill to extend jobless benefits and ...
WILMINGTON, Delaware (Reuters) - A bankrupt U.S. Roman Catholic diocese has agreed to provide long-sought documents to alleged sex abuse victims in exchange for a postponement in the start of trials, an attorney for the plaintiffs said on Friday.
The Diocese of Wilmington, Delaware, filed for ...
WASHINGTON (Reuters) - The U.S. jobless rate unexpectedly jumped to 10.2 percent last month, a 26-1/2-year high, adding to pressure on the Obama administration to do more to tackle unemployment even as signs of recovery mount.
The Labor Department said on Friday that employers cut 190,000 jobs in ...
The suspected gunman, who caused panic for several hours at the Gateway Center building in downtown Orlando, was arrested at his mother's home after fleeing the scene, Orlando Mayor Buddy Dyer and Police Chief Val Demings told reporters.
Police named the suspect as 40-year-old Jason Rodriguez, who ...
NEW YORK (Reuters) - The U.S. Justice Department sees wire taps as a crucial tool to root out securities fraud as it collaborates more closely with market regulators, a senior department official said on Friday, one day after new charges were filed in the biggest U.S. hedge fund insider trading ...
