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Investors Overlook Dell’s Down Quarter

The federal agency that monitors trading in oil futures has opened an investigation into an investment fund that allows small investors to place bets on the New York Mercantile Exchange. The United States Oil Fund, which at times controls enough oil contracts…

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Federal agency opens investigation into oil sale

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Stocks: Blue Chips Stuck in the $10 Bin

The New York attorney general’s office has subpoenaed Bank of America Corp. seeking the names of Merrill Lynch executives who received $3.6 billion in year-end bonuses, after Chief Executive Ken Lewis failed to provide those details during a lengthy…

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BofA CEO Ken Lewis keeps lips sealed

California is offering a big carrot to people who buy brand-new homes in coming weeks: a $10,000 state tax credit for new-home buyers who close escrow starting Sunday. With the housing sector in near-collapse and construction starts at record lows, home…

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State offers tax break for new-home buyers

Sony billed 2008 as the Year of the PlayStation 3, but it didn’t quite turn out that way. The video game console did record its best year since launching in November 2006, tallying up 3.55 million units. But its sales numbers – which were particularly…

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Will Killzone 2 put PlayStation back in fight?

An Army officer facing a murder charge testified Thursday that he shot and killed an Iraqi after the detainee reached for his gun during an interrogation. First Lt. Michael Behenna said he was trying to defend himself and hadn’t planned to shoot the detainee…

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Soldier testifies Iraq shooting was self-defense

NEW YORK (Reuters) – The New York Attorney General’s office has subpoenaed Bank of America to submit a list of employees who got bonuses and the amounts that the employees received, a spokesman for the New York Attorney General said on Thursday.

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N.Y. regulator subpoenas BofA for list of who got bonuses

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Arrest in the Stanford Case

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Arrest in Stanford Case

Matt Howard had 25 points and 10 rebounds Thursday night and No. 24 Butler beat Youngstown State 78-57, clinching at least a share of its third straight Horizon League regular-season championship. The win guaranteed the Bulldogs (24-4, 14-3) a bye into the…

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No. 24 Butler beats Youngstown State 78-57

WASHINGTON (Reuters) – The FBI made the first arrest in the Stanford Financial Group fraud investigation on Thursday, detaining Chief Investment Officer Laura Pendergest-Holt on federal obstruction charges.

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FBI makes first arrest in Stanford fraud case

The United Farm Workers has accused a major lettuce grower of firing eight farmworkers because they were advocating for better working conditions in the fields. Tanimura & Antle rejects the claim filed by the union on Wednesday with the state Agricultural…

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UFW: Grower wrongly fired 8 farmworkers

NEW YORK (Reuters) – The long-expected spin-off of Time Warner Cable Inc will be completed next month, taking parent Time Warner Inc another step closer to becoming a pure media content company.

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Time Warner to complete cable spin-off next month

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Safari 4: First Impressions