Wednesday marked the end of the year long battle by advocates to eradicate taxpayer-funded bailouts of failed banks. President Obama signed the Wall Street reform bill into law, making this the most influential overhaul of the financial system since the New Deal.
“Because of this law, the American people will never again be asked to foot [...]

Monday morning marks lawmakers’ return to the debate of whether it remains more beneficial to continue to spend money stimulating economic recovery, or to quit while ahead in an effort to preserve dwindling coffers.
On one side of the issue lies a party made up of mostly Democrats, arguing that Congress is duty bound to spend [...]

Several years ago marked the major shake-down of Blackberry maker, Research in Motion, for a expensive legal settlement by NTP Inc. The patent holding giant NTP announced Friday that it had initiated a torrent of patent infringement lawsuits against some of the tech world’s leading companies.
The firm out of Richmond, Virginia filed lawsuits Thursday [...]

The economic crisis that California faced a mere year ago was handled by gifting hundreds of thousands of IOU’s to contractors and taxpayers. This year’s budget challenges may be addressed by cutting state workers’ wages to the very core.
Because government officials are unable to reach an agreement regarding the new fiscal-year budget for the state, [...]

Luxury vehicles which are possibly affected by engine problems will begin being recalled Monday, according to plans by Toyota Motor Co.. The company plans to submit documents Monday recalling 90,000 vehicles in Japan, according to Mieko Iwasaki, company spokesman. In other regions, recall announcements will be handled by each individual country.
Toyota is looking into engine [...]