Morgan Stanley agreed Monday to pay a $5 million fine to settle charges that it improperly handled crucial information on Facebook's earnings ahead of the company's disastrous IPO.
Mobile banking, which not long ago was the next new thing, is quickly becoming a must-have service for banks and credit unions.
As the public joined the frenzy around Facebook Inc.'s Wall Street debut, well-connected institutional investors were hearing a more sobering message: The social network's main business, advertising, was sputtering.
Facebook and its underwriters came under broad legal attack Wednesday as lawyers and investors filed lawsuits over Facebook's controversy-marred initial public offering.
California has a friend who's about to write a hefty personal check that could help ease the state budget crunch.
Interventions to promote women have continuously been criticized as ineffective and inhibiting performance. Economists of the University of Innsbruck have now rejected this criticism; they conducted a series of experiments ...
The number of borrowers defaulting on federal student loans has jumped sharply, the latest indication that rising college tuition costs, low graduation rates and poor job prospects are getting more and more students over ...
(AP) -- British police on Thursday arrested two men as part of a trans-Atlantic investigation into attacks carried out by the hacking groups Anonymous and Lulz Security.
(AP) -- Pandora Media Inc. sold its initial public offering of stock at $16 per share late Tuesday, fetching twice as much as the popular but unprofitable Internet radio service expected less than two weeks ago.
The United States' competitiveness among global economies is rising again after four years of decline, though northern European countries continue to dominate the rankings published annually by the World Economic Forum.