Regulators shut small banks in Va, SC; 60 in 2011

Regulators on Friday shut down two small banks in Virginia and South Carolina, boosting to 60 the number of U.S. bank failures this year.
The pace […]

U.S. House approves bill debt bill, Senate rejects it

WASHINGTON

Jobs report pushes stocks up despite debt worries

A strong report on jobs is sending stocks higher even as a stalemate continues over the U.S. debt limit.
The government reported first-time applications for unemployment […]

RIM to give Twitter followers a sneak peek at new devices

WATERLOO, ONT.—Research In Motion (TSX: RIM) says it is holding a social media event tonight to promote upcoming BlackBerry devices, as the company contends with […]

Consumer watchdog hobbled from start

If you’ve ever thought someone was playing fast and loose with the rules on your credit cards, credit score or mortgage, but you had no […]

Amid debt talks, House budget plan faces Senate

The Senate is moving to cast away a budget cutting plan passed by the Republican-controlled House, clearing the way for increasingly urgent government talks over […]

UK police now asked to investigate phone ‘pinging’

With Britain still coming to terms with the illegal voicemail interception at one of its biggest newspapers, Scotland Yard was asked Thursday to look into […]

Treasury increases oversight at First Banks

In an unprecedented move, the U.S. Treasury Department appointed two directors Tuesday to help oversee First Banks, which has failed to make a single dividend […]

NorthSide lawsuit heading for Appeals Court

ST. LOUIS

UK govt defends Murdoch ties as scandal spirals

Britain’s Conservative-led government denied Saturday that it was too close to Rupert Murdoch’s scandal-hit media empire, as the mogul apologized for phone hacking by one […]