GENERAL MOTORS

New GM is shedding burdens

A judge OK'd the sale of the best General Motor assets to the leaner 'new GM,' which could emerge from bank...

PARLUX FRAGRANCES

Lawsuit claims Parlux board hobbled auditors

New allegations have been made in a 2006 lawsuit against Parlux Fragrances' directors, but details were sea...

RETAILERS

Weak retail sales in June raise worries

Declines in same-store sales last month showed that retailers can't shake the recession.

TECHNOLOGY | UNIVERSITY OF MIAMI

University of Miami plans biotech center

University of Miami officials hope Life Science Park becomes the hub of the local biotechnology industry.

HOMEOWNERS INSURANCE

Citizens Insurance premiums going up for most in South Florida

Most South Florida homeowners covered by the state-run insurance company will see a 10 percent increase in ...

CHINESE DRYWALL

Some Chinese drywall may be tainted with radioactive materials

Some Chinese companies may have made drywall with a radioactive substance banned in the United States.

STOCK

Drug maker Stiefel accused of cheating employees

A lawsuit filed by three former Stiefel Laboratories employees alleges that in the months leading up to a m...

Connecticut businessman convicted in bribe case

A Connecticut businessman has been convicted of conspiring with others to violate the Foreign Corrupt Pract...

FDA clears Eli Lilly's blood thinner Effient

The Food and Drug Administration has approved a highly anticipated blood thinner from Eli Lilly after more ...

Death and taxes: Big IRS bill looms for MJ estate

The Tax Man is in the mirror for the estate of the late King of Pop.

Administration seeks to bolster SEC's authority

The Obama administration has sent Congress proposed legislation designed to protect investors by bolstering...

Chevron shares fall after 2Q warning

Shares of Chevron Corp. slid on Friday a day after the company warned of weak second-quarter results, hurt ...

Porsche board to hold special meeting

Porsche's supervisory board will hold an extraordinary meeting on July 23, a spokesman said Friday, as the ...

Chipmaker Infineon hopes for euro725M in cap hike

German computer chipmaker Infineon Technologies AG said Friday the company hopes to raise euro725 million (...

BANKING

Swiss ready to seize UBS data to block Washington

The Swiss government says handing over the names of more than 50,000 American clients at UBS to Washington ...

MEDIA

Univisión struggles to overcome recession

Univisión seemed like a gold mine for its new owners three years ago. Now they're working hard to st...

THE CARIBBEAN

Caribbean islands at odds over alliances with Hugo Chávez

A budding alliance between Venezuela's Hugo Chávez and several small, English-speaking island nation...

Q&A with Robert Smith, sovereign debt trader

Robert Smith's lifelong adventure as an emerging market debt trader has earned him nicknames like King of t...

Protectionism: How to create new jobs overseas

Keith Koenig, who describes himself as ''very much a free-trade guy,'' has seen how U.S. government efforts...

Global attitude benefits City Furniture

City Furniture gained a boost from ''accidental'' exports, but the home furnishing giant's sales are still ...

BANKING

Private banker says he took millions undetected

A private banker who stole millions from South American clients without raising a red flag internally raise...

AP proposes new article formatting for the Web

The Associated Press is proposing that publishers attach descriptive tags to news articles online in hopes ...

Glitch in antivirus software troubles PC users

Antivirus software cuts two ways. It's great at blocking known viruses, but it can sometimes misfire, mista...

Social networking aggregator sues Facebook

In a counter-punch to the world's biggest online hangout, a small Web company called Power.com has sued Fac...

London 2012 replaces sponsor Nortel with Cisco

London Olympic officials on Friday replaced bankrupt Canadian technology sponsor Nortel Networks with Cisco...

British royal family joins Twitter

Britain's royal family has extended its kingdom further into cyberspace and joined Twitter - but don't expe...

UW-Madison: New Google deal boosts access to books

The University of Wisconsin-Madison says a new agreement with Google will expand public access to its libra...

SKorea says attackers used IP address in 5 nations

South Korea is learning more about the mysterious cyber attacks that targeted the country and its ally the ...