The FDIC entered into a purchase and assumption agreement with Citizens South Bank, Gastonia, North Carolina, to assume all of the deposits of Bank of...

Appalachian Community Bank with $1.01 billion in assets has been unable to stay...

The bank which first opened its doors on January 1st 1906, closed for the last time on March 19th...

Airlines across the globe are looking for new ways to enhance revenue...

The FDIC will lose $38.3 million as a result of the bank's...

The FDIC has taken charge of the Advanta Bank Corp., in Draper,...

Rents are up in Hong Kong as the number of new properties coming on to the market...

The FDIC has been named receiver of the failed...

The National Bank and Trust Company, Wilmington, Ohio will assume the deposits of American National...

WASHINGTON - Transportation Secretary Ray LaHood says he'll go to Japan this summer for talks with Toyota executives about the sudden acceleration problem plaguing some Toyotas. LaHood also says...

WASHINGTON - A group of lawmakers had threatened to oppose President Barack Obama's health overhaul bill because of a dispute over Medicare payments to some doctors and hospitals. But the group's...

By EVELYN NIEVESASSOCIATED PRESS WRITER SAN FRANCISCO -- Open government in the heart of Silicon Valley is starting to mean turn off, tune out, power down. When the San Jose City Council meets...

CHENNAI: Microsoft has opened up a suite of software tools for the international developers, free, for them to write applications and games for its Windows Phone 7 series of mobile devices that are...

March 21 (Bloomberg) -- Oil India Ltd. and Indian Oil Corp. jointly made the bid for Gulfsands Petroleum Plc that the U.K. company with assets in Syria and the Gulf of Mexico rejected last week,...

(CNN) -- Police in New Jersey arrested a teenager in connection with a public-address-system announcement telling "all blacks" to leave a Wal-Mart store, a police spokesman...

(Updates with additional comments.) ORLANDO, Fla. -(Dow Jones)- U.S. policy makers need to address the existence of "too big to fail" financial firms, Federal Reserve Chairman Ben Bernanke said...

WASHINGTON -(Dow Jones)- A key house panel began a crucial hearing Saturday morning as Democratic advocates and Republican opponents to sweeping health-care legislation prepared the bill for a...

U.S. stock investors, having just pocketed three weeks of gains, may look overseas for reasons to add to their bets in the coming week -- or take some money off the table. Domestic news, from...

) executive warned months before the bank's collapse that senior management was potentially misleading investors and regulators about the value of the firm's assets, the Wall Street Journal reported...

When snow falls on this downtown of brick buildings and glass storefronts in southern Oregon, it piles up everywhere but the sidewalks. It's the first sign that this timber and ranching town is like...

Wal-Mart Stores Inc., the world's largest retailer, is bringing back some products it had removed from shelves last year as shoppers turn to competitors for a wider selection of...

March 20 (Bloomberg) -- Fargo, North Dakota, where residents have built miles of clay and sandbag dikes, may be at lower risk of catastrophic flooding because of freezing weather that has slowed ice...

kept its word this week and disappointed investors with dismal 3Q results. Investors responded by slashing another 20% from the embattled company’s shares. The financial situation doesn’t...

(Reuters) - An insolvency mechanism should be set up for nations that are unable to manage their debts, Horst Koehler, Germany's president and a former head of the International Monetary Fund, said...

(Reuters) - German Finance Minister Wolfgang Schaeuble said only the most extreme circumstances could justify a bailout of a European Union state from within the union, and any such aid would have to...

In a story March 18 about the World Cheese Championships, The Associated Press, relying on information from the Wisconsin Cheesemakers Association, reported erroneously the top cheesemaker's surname....

Decision day in China Search giant, enmeshed in censorship controversy with government,  will unveil China plans on Monday and is expected to announce April departure...

Decision day in China Search giant, enmeshed in censorship controversy with government,  will unveil China plans on Monday and is expected to announce April departure...

(CNN) -- Police in New Jersey have made an arrest in connection with a public address system announcement at a Wal-Mart store telling "all blacks" to...

March 20 (Bloomberg) -- European stocks rose for a third straight week after Standard & Poor’s said it’s no longer planning an imminent downgrade of Greece’s debt and as the...

ORLANDO, Fla. -(Dow Jones)- U.S. policy makers need to address the existence of "too big to fail" financial firms, Federal Reserve Chairman Ben Bernanke said Saturday, calling the problem...

AFP, NEW YORK Sunday, Mar 21, 2010, Page 10 US stocks hit the highest level in more than a year the past week, buoyed by strong company earnings and a central bank decision to maintain ultra-low...

Vedanta Resources Plc , confirmed that members of its corporate social responsibility team were attacked by unidentified individuals who set their jeep on fire and hospitalised two employees. As a...

March 20 (Bloomberg) -- U.S. stocks advanced, sending the Standard & Poor’s 500 Index to a third straight weekly gain, as the Federal Reserve said it will keep interest rates near zero to...

Shortly before 7 p.m., Sunday, a male voice came over the public-address system at a N.J. Wal-Mart story and calmly announced: "Attention Wal-Mart customers: All black people leave the store now."...

A quarter of a million people over 70 will get an £80 discount off their electricity bill this summer. To qualify they have to be on a very low income - getting the pension credit 'guarantee...

Hundreds of elderly people could face the prospect of having to sell their homes after an investment marketed as medium risk went badly wrong.Some have lost as much as a quarter of million pounds...

MUMBAI -(Dow Jones)- India's Lupin Ltd. (500257.BY) on Saturday said a subsidiary has received tentative approval from the U.S. Food and Drug Administration to sell generic eszopiclone tablets...

U.S. Federal Reserve Chairman Ben Bernanke delivers his speech during the Independent Community Bankers of America convention in Orlando, Florida March 20,...

Exclusive talks between Bharti and Zain expire on March 25, marking the third time the Indian firm has tried to get its hands on a meaningful African business after two failed bids for South-Africa's...

DUBAI (Reuters) - The trillion dollar Islamic finance industry is looking beyond the troubles of Dubai developer Nakheel NAKHD.UL at possible reforms that could help draw more interest from Western...

When Louise Clements was young, she remembers watching as her mother would sit down with other women from the neighbourhood for their morning cigarettes. As the women smoked, they would chat about...

"If we look at the winners from that era — the Amazons, the RIMs, the Apples — those are all companies that are trading higher than they were 10 years ago," strategist Peter Misek...

HONOLULU - My American friend Paul recently returned from the Olympics in Vancouver gushing about Canada, raving that the Games showed our country deserved its reputation as a decent, fair-minded...

Divine Comedy on the inside—was overrun by thousands of white men in business casual now earning their living, one way or another, off subprime mortgages. Like all of Las Vegas, the Venetian was a...

WASHINGTON - Federal Reserve Chairman Ben Bernanke made a fresh pitch Saturday to retain oversight of small banks, contending that what the Fed learns from that role helps it assess the overall...

WASHINGTON - The U.S. needs major changes to its financial system so consumers are better protected, banks fortified and the economy safeguarded from sliding into another Depression, President...