Lehman Brothers Holdings Inc's emergency bankruptcy filing wiped out as much as $75 billion of potential value for creditors, The Wall Street Journal reported on Monday.
Hopes may be fading for a long-awaited spring rebound in the U.S. housing market. Two widely watched benchmarks Tuesday signaled that the pace of sales softened and prices fell last month. And a prominent housing economist warned that the market may not stage a major turnaround …
The parents of a toddler who died after contracting a rare bacterial infection blamed on contaminated medical wipes have settled their lawsuit against the Wisconsin firms that made them. Sandra Kothari, 38, of Houston, declined to release details of the financial arrangement rea …
ARLINGTON HEIGHTS, IL -- Rick Santorum accused President Barack Obama of not enforcing the country's obscenity laws and said Friday that as chief executive he would crack down on illegal pornography. Santorum found himself answering pornography questions during a stop at …
Rising pump prices helped drive up costs for consumers to their highest in 10 months in February, government data showed on Friday. There was little evidence that underlying inflation was building, however. The Labor Department said the consumer price index rose a seasonall …
Updated at 1:50 a.m.
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