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Billionaire Richard Mellon Scaife dies at 82


Richard Mellon Scaife, the billionaire heir to the Mellon banking and oil fortune and a newspaper publisher who funded libertarian and conservative causes and various projects to discredit President Bill Clinton, has died. He was 82.

Obama a bit late on banker pay concerns

Bull's Eye

President Barack Obama’s critique of trader bonuses at Wall Street banks as still risky to the economy drew objections from financial executives who said the compensation system already has been fixed.

Dimon's cancer type has 90% cure rate

Jamie Dimon

The type of throat cancer Jamie Dimon has is curable in as many as 90% of cases with a treatment regimen that poses challenges for his demanding work schedule as chairman and chief executive officer of JPMorgan.



Chocolate Money

Falcone, plotting comeback, says he's trusted

One-time high-flying hedge fund manager Phil Falcone, plotting a comeback after a securities industry ban, told CNBC Tuesday he considers his integrity of "utmost importance," and said he's trusted by people who know him.