As the subprime mortgage sector approaches a full-scale meltdown, investment bank Goldman Sachs is talking about getting deeper into subprime lending. Is it a fire sale or a fool's market?
The FDA has ordered drugmakers to issue strong new warnings about sleeping pills, citing risks of odd behaviors like sleep-eating and sleep-driving. That could cause complications for Big Pharma's bottom line.
The NCAA Tournament jumps into full swing today and big-time revenues are a slam dunk for partners like CBS — not to mention peripheral players like beer sellers.
Microsoft has agreed to purchase voice recognition leader Tellme for something in the $800 million neighborhood. A pricey purchase, but one that gives it an instant edge in voice command search technology.
Europe had wanted to launch its own satellite navigation system — one that would rival America's GPS — by 2010, but that timeline is drifting further out of orbit by the day.
The subprime mortgage crisis has rippled across the pond and now British banking giant Barclays is demanding the immediate repayment of $900 million from U.S. subprime lender New Century.
Alternative fuel cars and trucks accounted for 9 percent of U.S. auto sales last year. That's way more than automakers expected — and you might be surprised which state led the pack.
Wal-Mart has a pending application to establish an industrial loan company, but the retail giant insists it's not interested in opening retail bank branches. Now there may be evidence that suggests otherwise. . .
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