WASHINGTON (AP) - The Federal Reserve's annual "stress tests" of major U.S. banks have become better able to detect risks, Chairman Ben Bernanke said Monday night. He said the tests show that the banking industry has grown much healthier since the financial crisis.
I am usually pretty good at explaining Social Security laws and regulations. And just as importantly, I can provide the rationale behind various rules. In other words, I can tell you what purpose a certain policy serves or why Congress wrote a particular Social Security law the way they did.
SAN FRANCISCO (AP) - A federal judge on Friday struck down an effort to form a class action lawsuit to go after Apple, Google and five other technology companies for allegedly forming an illegal cartel to tamp down workers' wages and prevent the loss of their best engineers during a multiyear conspiracy broken up by government regulators.
MENLO PARK (AP) - With its new "Home" on Android gadgets, Facebook is trying to prove that a company doesn't have to make a smartphone or operating system to define how people interact with mobile technology. The audacious move will provide further insights into how pervasive Facebook has become, testing whether people want to be greeted with content from the social network every time they look at their phones.
NEW YORK (AP) - Shares of Best Buy jumped on Thursday after it announced plans to create store-within-store kiosks for Samsung products - a vote of confidence from a major consumer electronics retailer that the brick-and-mortar format is still an important way to sell products.
ALBANY, N.Y. (AP) - Gun enthusiasts fearful of new weapon controls and alarmed by rumors of government hoarding are buying bullets practically by the bushel, making it hard for stores nationwide to keep shelves stocked and even putting a pinch on some local law enforcement departments.
WASHINGTON (AP) - The Securities and Exchange Commission will allow public companies to make significant announcements on Facebook, Twitter and other social media sites provided they alert investors which sites they intend to use.