BP is fighting the settlement it agreed to last summer that let the oil company avoid thousands of potential lawsuits over the 2010 Gulf of Mexico oil spill. BP now says the claim process is corrupt and wants to stop all the money flowing from its claims fund.
Smartwatches are capturing imaginations because of what they can measure about their wearers. A watch touches your skin, so it can take your pulse, measure your temperature and record the quality of your sleep.
Steinway Musical Instruments is on the auction block and a mystery bidder, rumored to be hedge fund manager John Paulson, appears to have the winning bid at $458 million. Ilya Marritz explains why the fairly healthy company is seeking a buyout in the first place.
Tea Party Patriots are making a push for Congress to defund the new health care law as part of debates over the budget and funding the federal government. On Capitol Hill Tuesday, Tea Party activists have scheduled an afternoon gathering to rally support for cutting off funding for the health law often referred to as Obamacare.
Federal lawmakers have been unable to solve a widely acknowledged problem with the formula used to set the pay for doctors who treat Medicare patients. Now, after a series of temporary patches, a bipartisan solution may be at hand.
The machines allow people to turn their old cellphones and other electronic devices into instant cash. But these ecoATMs could be banned in Baltimore, where at least one lawmaker believes the machines are a magnet for electronics thieves.
The new chairman of the Reserve Bank of India infused a sense of much-needed optimism this week, but analysts say the exuberance is unlikely to last. India's economic growth has crashed, its currency has plunged and prices are up. After a decade of high growth rates, India is now the sick man of Asia.
Saturday in Argentina, the International Olympic Committee will announce the host of the 2020 Summer Games. The committee is choosing from among Istanbul, Madrid and Tokyo. The contenders all have strong selling points, but each also has serious issues clouding its bid.
The interest rate on jumbo mortgages — those that exceed a government-set cap of $417,000 — has fallen below the rate for traditional loans. Mortgage industry observers say it's the first time this has happened.