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Credit Suisse Group trader Patrick Ayash rarely reads earnings estimates and just skims news about inflation. One thing he never misses: the daily weather report. Ayash, 31, is part of an army of mathematicians and hedge-fund whizzes pouring into the ...

Presidential candidate John Edwards stopped by a Teamsters union barbeque in Chicago last weekend to give President James Hoffa a preview of the speech he delivered Monday, talking tough about labor rights and trade protectionism. Hoffa liked what he heard, ...

A little more than two years ago, President Bush chose Illinois’ Madison County Courthouse as a place so desperately in need of tort reform that he came to the St. Louis suburb to sign the federal Class Action Fairness Act. ...

Google and its YouTube video- sharing site face more plaintiffs, including the U.S. National Music Publishers Association, in a copyright infringement suit. The music publishers association is the largest of its kind with more than 600 members, according to a ...

Time Warner to pay $6.5M in Homestore.com settlement Time Warner, the world’s largest media company, agreed to pay $6.5 million to Homestore investors to settle a lawsuit over so-called round-trip transactions between its America Online unit and Homestore. Two other ...

No expectation of privacy in common hallway

While investment bankers feasted on an unprecedented $8.4 billion of fees for arranging leveraged buyouts in the first half, the rest of the year may prove to be a famine. “It’s impossible to conclude that it’s not going to be ...

So much for the bear market in Treasuries. Yields on 10-year notes fell below where they started in January after climbing to a five-year high in June. Government securities are on track to return 5.3 percent this year, the best ...

Pfizer Inc., the world’s biggest drugmaker, won U.S. approval for maraviroc, the first new type of medicine in a decade to treat the virus that causes AIDS, sending the company’s shares to their biggest gain in more than a year. ...

Embryonic stem cells have less potential to make nerve cells than scientists believed, underscoring researchers’ need for more of the lines for which President George W. Bush has restricted funding, a study said. One set of Bush-approved stem cells makes ...

U.S. House Speaker Nancy Pelosi said last year that she would be happy to “do away with” the practice of funding members’ pet projects, though she knew it wasn’t “realistic.” This year proves how right she was. Thousands of so-called ...