Alcoa reports billion-dollar loss in 4thQ
In a dismal prelude to the earnings season, Alcoa Inc reported a quarterly loss of US$1.19 billion Monday, days after the aluminum giant announced cutbacks due to sinking prices and demand for the metal amid the global economic slowdown....

Prosecutors: Madoff can't be trusted, needs to be jailed - Judge says arguments not compelling
Prosecutors say that besieged money manager Bernard Madoff needs to be sent to jail because he cannot be trusted under any set of bail conditions.But Madoff won the latest round in his fight with prosecutors over his package Wednesday ...

Geithner situation an 'embarrassing mistake'
United States President-elect Barack Obama called disclosures about Treasury choice Timothy Geithner's tax problems an embarrassment Wednesday but said Geithner's "innocent mistake" should not keep him from confirmation as the new administration's top...