The co-founder of a prestigious New York law firm indicted in a major class-action kickback scheme posted a $1.5 million (?1.08 million) bond on Friday and will remain free as he awaits trial, his attorney said.
China's central bank said Saturday it was boosting the amount of money that its banks must hold in reserve for the eighth time this year, reducing the amount available for lending in an effort to cool an investment boom.
Malaysia's first long haul budget carrier, AirAsia X, will sell a 10 percent stake each to Japan's Orix Group and Bahrain's Perigon Capital for a total of US$75 million, a report said Saturday.
Prince freed himself from record labels years ago. Paul McCartney, Radiohead and Nine Inch Nails have followed. Now Madonna appears to be saying goodbye to her big-name record company for a cool $120 million (?84.6 million).
Aer Lingus and Ireland's pilots union confirmed plans to open negotiations Saturday in hopes of defusing a confrontation that threatens to end in a pilots lockout and mass flight cancelations.
From clothes riddled with sensors to name tags that detect our moods, computing's next wave could unleash small devices that increasingly augment everyday activities with digital intelligence.
The worst day of John Leahy's life, Airbus'chief salesman says, was facing Singapore Airlines executives and telling them that the very first A380 superjumbo ?already months behind schedule ?would be delayed yet again.
Retail sales in the U.S. posted a stronger-than-expected gain in September, easing fears about a possible recession, while a big surge in gasoline costs pushed wholesale inflation higher.
The main planks of the United Auto Workers union's deals with General Motors and Chrysler will help Ford Motor Co. become more competitive, its chief executive Alan Mulally said.
A federal judge set bond at $1.5 million (?1.06 million) Friday for the co-founder of a prestigious New York law firm who was indicted in a major class-action kickback scheme.
RENO, Nevada ?A jury has cut nearly $100 million (?70 million) from the compensatory damages it awarded three Nevada woman in a case involving hormone replacement drugs made by Wyeth Pharmaceuticals.