Swiss banking giant UBS has agreed to pay $120 million to settle a lawsuit by investors. The case goes back to 2007. Investors said they were misled about the health of the financial firm Lehman Brothers when UBS was selling them investments linked to Lehman's debt. Lehman collapsed into bankruptcy in 2008.
The Internet has a history of blowing up business models. Now we buy music by the song, and who needs the newspaper for classifieds? But cable television hasn't budged much. You're still forced to buy a bundle of channels, whether you watch them or not.
For Time Warner Cable customers in major cities, the battle for the future of television is playing out before their eyes as CBS and the cable giant fight over fees. You might not realize it, but between a third and half of your cable bill goes directly to pay for channels like CBS or ESPN.
Less than eight weeks before the official launch of the new health care marketplaces, the Obama administration is ramping up efforts to encourage people to sign up. But some opponents want young people to pay a fine rather than sign up for health insurance, hoping to harm the new law.
One of the nation's largest herb producers once relied heavily on undocumented labor, but has learned some hard lessons since an immigration crackdown. He says transitioning to a legal workforce was well worth it, but that navigating a cumbersome foreign worker program has been challenging.
Patty Stonesifer once held a top spot at Microsoft. After that, she spent years at the helm of philanthropy giant the Gates Foundation. But this year, Stonesifer downsized. She's taken on a smaller-scale role as CEO of Martha's Table, a Washington, D.C., nonprofit that serves the poor.
The world's soil is in trouble. Ecologists say without dramatic changes to how we manage land, vast swathes of grassland are at risk of turning into hard-packed desert. To make sure that doesn't happen, researchers are testing out innovative ways to keep moisture in the soil.
A series of threats and abusive messages aimed at prominent women in the U.K. have placed Twitter in an awkward spot. As the company gears up to go public and expand its brand around the world, it is increasingly running into cultural and legal hurdles that challenge Twitter's free speech ethos.
Will the local gallery go the way of the local bookstore or record store? In the past few years, there's been a growth in sites that sell fine art on the Internet. On Tuesday, Amazon joined that market.