| Aug 16, 2013
| 12:27 PM
Comcast Corp. has increased the salary of NBCUniversal Chief Executive Steve Burke and extended his tenure through August 2018.
The Philadelphia-based cable TV giant on Friday said it has extended Burke's employment contract for five years and provided...
| Jul 23, 2013
| 6:30 AM
Federal authorities are trying to topple Steven A. Cohen from his heights as one of the world’s top hedge fund managers by stripping him of the right to invest other people’s money.
Could fighting the non-criminal proceeding that the...
| Jul 19, 2013
| 7:32 PM
In April 2004, Rajat Gupta gave a talk at Columbia University. One student asked the former global managing director of McKinsey & Co. for his views on money and wealth creation. "Yeah, I am driven by money.... However much you say that you will...
| Jul 17, 2013
| 12:28 PM
The cash-strapped city of Harrisburg, Pa., is selling off thousands of historic artifacts to raise money to pay off more than $300 million in debt.
The Wild West auction includes about 8,000 items that would make any history buff salivate. Objects up...
| Sep 8, 2013
| 6:33 PM
These have not been good times for Corinthian Colleges Inc. or its investors.
Founded in 1995, Corinthian is one of the world's largest for-profit college companies, with an enrollment of about 81,000 students at 111 schools in 25 states and Canada....
| Jul 17, 2013
| 6:44 PM
AeroVironment Inc., hurt by a drop in military contracts for its tiny drones, got a shot in the arm from a new investment company that wants to wean it from the government trough and move its products more into the commercial market.
Engaged Capital, an...
| Sep 4, 2013
| 7:51 AM
HUNCHUN, China -- The Chinese railroad official whose house in the Los Angeles suburb of Walnut drew the attention of anti-corruption investigators has been charged with accepting nearly $8 million in bribes, state media reported.
Zhang Shuguang, 57, is...
| Aug 30, 2013
| 4:03 PM
The state of California and the Bank of America have a lot in common, says BofA Chief Executive Brian Moynihan.
Both were all but written off by critics as the economy tanked. Both endured painful budget cuts and remain hampered by unemployment and...
| Aug 22, 2013
| 6:29 PM
NEW YORK — The Nasdaq Stock Market suffered a distressing three-hour outage that halted trading in some of the nation's leading companies, the latest in a series of embarrassing glitches that have exposed technological weaknesses across Wall Street....
| Aug 23, 2013
| 10:54 AM
WASHINGTON -- Sen. Mark Warner on Friday called on the Securities and Exchange Commission to conduct a "thorough investigation" of the Nasdaq Stock Market's three-hour trading outage.
Warner (D-Va.), a member of the Senate Banking Committee, said...
| Aug 19, 2013
| 10:32 AM
When the Department of Water and Power tried to prevent City Hall from filling the utility’s payroll and burdening its retirement fund with about 1,400 uninvited workers, was it standing up against securities fraud? Or simply throwing a “...