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Business News Category

Reuters – U.S. stocks sagged in volatile trading on Thursday after weak outlooks from technology companies and downbeat comments from a Federal Reserve official gave investors little reason to buy. By us.rd.yahoo.com

Reuters – Citigroup Inc will pay $75 million to settle charges that it failed to disclose subprime exposure to investors in 2007, the U.S. Securities and Exchange Commission said on Thursday. By us.rd.yahoo.com

Reuters – Two lawsuits have been filed over a gob of toothpaste.By us.rd.yahoo.com

Reuters – The Securities and Exchange Commission charged the billionaire Samuel Wyly and his brother Charles with fraud for reaping more than $550 million of illicit gains by trading stock in four companies while they were serving as directors.By us.rd.yahoo.com

Reuters – MetLife Inc , the biggest U.S. life insurance company, posted a second-quarter profit of $1.53 billion, helped by higher premium revenue from sales domestically and abroad.By us.rd.yahoo.com