After several years during which there seemed to be little relationship between the overall performance of hedge funds and the enormous fees most of them charge to their investors, Calpers is calling it quits.
A deadly pipeline explosion that shattered a California town four years ago continues to rip through the state agency weighing a record penalty for the disaster.
(Reuters) - Alibaba Group Holding Ltd could have sold nearly $2 billion worth of stock without lifting a finger. All it had to do was list its shares on Nasdaq.
Passengers on mainline United Airlines flights can now keep their electronic gadgets turned on throughout the flight as long as they are switched to "airplane mode.
Wal-Mart Stores Inc. (WMT)'s chief spokesman resigned after the company discovered an almost two-decade-old falsehood in his official biography, a person familiar with the situation said.