An independent study of oil markets concludes that speculation by large investors was a primary reason for the surge in oil prices during the first half of the year and for the more recent price declines.
Citigroup Inc., the largest U.S. bank by assets, is not just eliminating jobs to slash costs - it's also clamping down on color copying and BlackBerrys.
A fired TV newscaster has pleaded guilty in a Philadelphia courtroom and admits he illegally hacked into his co-anchor's e-mail accounts.
Microsoft Corp.'s abandoned takeover bid for Yahoo Inc. appears to have culminated with a disheartening thud for those two companies but amounted to yet another coup for online search leader Google Inc.
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