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Associated Press

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Merrill Lynch adviser at center of Oklahoma hoops investigation

Big trouble for Tiny Gallon? The Oklahoma athletic department is said to be looking into allegations that the Sooners' star basketball player received money from a financial adviser

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Michigan coach Rodriguez sued over $1M loan

Michigan coach Rich Rodriguez has been sued along with several business partners by a company that says it has yet to be repaid for a $1 million loan.

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Buffett, Gates urge billionaires to give half their money to charity

Microsoft Corp. co-founder Bill Gates and billionaire investor Warren Buffett are launching a campaign to get other American billionaires to give at least half their wealth to charity.

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SEC proposes uniform ‘audit trail’

The Securities and Exchange Commission proposed, on a 5-0 vote, requiring exchanges to keep records of trading orders from start to routing to execution

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Tax-credit proposal would buy homebuyers more time

The clock is running down on home purchasers looking to qualify for a hefty tax break. But a new proposal in Congress would cut these buyers -- and those who lend to them -- a little slack.

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Goldman judge sent Bernie Ebbers to jail for 25 years

Barbara Jones sentenced the former WorldCom boss to a long stretch in prison. But attorneys say she's lenient to those who cooperate

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Dear Mr. Moynihan: Are you sure you want the BofA job?

Ken Lewis may be departing, but the challenges facing Bank of America aren't going anyway anytime soon. At the top of the new CEO's to-do list: restoring company morale.

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Stock markets take a header – again

Investors have gone back to selling stocks after the Labor Department's disappointing news that hiring remains weak.

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First-time jobless claims drop for second week

New claims for unemployment insurance fell for the second straight week, fresh evidence the job market is slowly improving.

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Stocks inch higher on mixed economic data

Stocks are edging higher on reports that indicate the economy is extending a modest recovery. Business at the…