
Yankees, Man City to co-own NYC MLS team
Hoping their baseball success will translate to titles in another sport, the Yankees are combining with English power Manchester City to own a Major ...

Selig: MLB won't interrupt season for Olympics
Major League Baseball won't change its schedule to boost the sport's chances of getting back into the Olympics. Baseball was an Olympic medal sport ...

Ailing A-Rod will make more than Houston Astros
Alex Rodriguez will make more this year than all the Houston Astros combined — a lot more. And he won't even play the first half of the season, if at ...

Knox case puts Italian justice under scrutiny
When crooked American financier Bernie Madoff was sentenced in New York, the leading Italian newspaper Corriere della Sera published a front-page ...

Palin urges GOP to broaden message
Returning to the national stage, Former Alaska Gov. Sarah Palin said Saturday that the Republican Party must broaden its message to grow. "We must ...

Linklater, Green films join Tribeca lineup
Filmmakers from Richard Linklater to David Gordon Green to Whoopi Goldberg are bringing films to this year's Tribeca Film Festival. The New York ...
Hostess union hires investment bank
The pension fund for one of Hostess Brands' unions has hired an investment bank to represent workers and pensioners as the maker of Twinkies and ...

Bernard Madoff's brother gets 10-year sentence
Peter Madoff was "frankly, not believable" when he claimed he was as surprised as anyone to learn his brother had blown $20 billion of investor money ...

4 years in, Madoff trustee still pursuing assets
When he was first told in 2008 about Bernard Madoff's epic Ponzi scheme, attorney David Sheehan had a response that now sounds inconceivable.

Ex-treasurer to Democrats receives 8-year sentence
A former Democratic campaign treasurer was sentenced Wednesday to more than eight years in federal prison for defrauding high-profile clients such as ...

Schapiro's SEC successor likely to follow her lead
The leadership of the Securities and Exchange Commission will change next month. Its approach to regulation probably won't. Mary Schapiro will step ...

SEC official Elisse Walter chosen to lead agency
President Barack Obama has chosen Elisse Walter, one of five members of the Securities and Exchange Commission, to head the agency. Chairman Mary ...