Facebook IPO Scammers Arrested by DailyFinance Staff May 16th 2013 8:45AM Federal officials in New Jersey have charged three men with scamming an investor in New Zealand into paying $3 million for Facebook shares he never received.
IRS Official Resigns, But Investigations Won't End by The Associated Press May 16th 2013 6:04AM The acting commissioner for the IRS, Steven Miller, has resigned, but don't look for the outcry over the agency's improper targeting of tea party groups to subside.
Dow, S&P 500 End At Record Highs Again by Reuters May 15th 2013 5:15PM The Dow and S&P 500 hit new all-time highs Wednesday in a broad market rally as the recent upward momentum persisted. The Nasdaq too hit its highest level since November...
John McCain Pushes for a la Carte Cable by DailyFinance Staff May 15th 2013 12:00PM Sen. John McCain is pushing a bill to allow TV viewers to pay for only the channels they watch. He says consumers would save money if cable companies weren't able to bundle.
Google CEO Larry Page Discloses Health Condition by DailyFinance Staff May 15th 2013 9:00AM Google CEO Larry Page is suffering from a rare and chronic medical condition, a paralysis of both vocal chords. Page says it's improving, and he continues to run the company.
Macy's Quarterly Profit Rises Along with Same-Store Sales by Reuters May 15th 2013 8:31AM Macy's reported higher first-quarter profit and sales despite cool weather in much of the country that delayed spring shopping for many customers.
Deere Posts Higher Earnings, but Warns of Challenges by Reuters May 15th 2013 7:41AM Deere reported higher quarterly earnings Wednesday and forecast a record profit for the full year, but warned that it faces challenges.
America's First Big-City Bankruptcy of 2013 by Rich Smith May 15th 2013 5:00AM For the time being at least, Detroit can claim the distinction of having been the biggest U.S. city to ever go completely bust.