Bernard Madoff, the financier convicted for Wall Street's biggest investment fraud, was surprised his $65 billion Ponzi scheme was not uncovered sooner, he said in his first interview since entering prison. Madoff,
European shares fell on Tuesday after hitting their highest close for 8-1/2 months in the previous session, as Deutsche Bank led banks lower and BP's results put pressure on energy stocks. Weak
Britain's top share index ended its two-week winning streak on Tuesday, closing 1.3 percent lower after profit-taking in mining and energy stocks erased earlier gains on the index, which had risen for
U.S. consumer confidence fell more than expected in July, the Conference Board said on Tuesday, recording its second consecutive decline as sentiment remained hampered by a difficult job market. The Conference Board,
International Business Machines Corp (IBM.N) plans to buy technology services company SPSS Inc (SPSS.O) for about $1.2 billion in cash, the companies said on Tuesday. SPSS shareholders will receive $50 a share,
Stocks fell on Tuesday as a drop in July consumer confidence and disappointing quarterly results and outlooks from Office Depot Inc and U.S. Steel Corp reignited concerns about the strength of recovery.
The British government has published a guide to help ministers understand how to use the social networking site Twitter, with the aim of extending its news and corporate messages online. Twitter, which
Sprint Nextel Corp said it will buy Virgin Mobile USA in a deal that values the equity of the small wireless carrier at $483 million, including Sprint's current 13.1 percent stake. Sprint,
What do you do when you're a small online social network trying to compete against a behemoth like Facebook? The answer may be to try to carve out a separate path by
The dollar rebounded from its lowest level this year versus a basket of currencies on Tuesday as weaker U.S. consumer confidence data rekindled worries about the economy, enhancing the greenback's safe-haven allure.
