Latest Headlines
Lehman Brothers sues Citigroup for $2.5B
Lehman Brothers Holdings Inc. and its creditors are suing several units of Citigroup Inc. to recover $2.5 billion the failed investment bank transferred to a backup account at Citi months before seeking bankruptcy court protection.
LinkedIn's 4Q revenue doubles, stock soars 8 pct
LinkedIn provided further evidence of online networking's popularity and moneymaking potential with a fourth-quarter performance that got a glowing review on Wall Street.
Rate on 30-year mortgage stays at record 3.87 pct.
The average rate on the 30-year fixed mortgage stayed at a record low this week, providing some added incentive for those looking to buy a home or refinance.
Report says Apple to unveil new iPad in March
A news report says Apple plans to unveil a new iPad early next month.
NRC approves first new nuclear plant in 3 decades
The nation's first new nuclear power plant in a generation won approval Thursday as federal regulators voted to grant a license for two new reactors at a site in eastern Georgia.
Guerlain perfume heir accused of racism in trial
An heir to the Guerlain perfume empire went on trial Thursday in Paris on charges he made racist insults on national television.
South Africa plans big infrastructure campaign
South Africa's president announced ambitious infrastructure projects Thursday, laying out his plans for creating jobs and hope in nation harder hit than most in Africa by global recession.
FDA outlines path for lower-priced biotech drugs
The Food and Drug Administration is preparing to review the first lower-cost versions of biotech drugs, expensive medications which have never before faced generic competition.
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Stocks close higher after debt deal in Greece
The stock market finally got a deal in Greece, but it didn't produce much of a rally.
