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What's 'Rich' ? Depends On How Old (and Rich) You Are

Pile Of Coins

When asked about their broader definitions of wealth, a majority of investors surveyed said it meant "greater security." Ranking a distant second place was "more happiness," followed by "more responsibility" and "more fun." Ranking last was "more stress."

Has Apple Lost Its Cool Factor ?

Man In Sunglasses

Jane Wells headed to the California State University at Northridge to interview students about their current sentiments on Apple products.

BP Pleads Guilty and Will Pay $4bn For Deepwater Horizon Incident

Deepwater Horizon Spill Site

BP Exploration and Production Inc. pleaded guilty Tuesday to 14 criminal counts for its illegal conduct leading to and after the 2010 Deepwater Horizon disaster, and was sentenced to pay $4bn in criminal fines and penalties, the largest criminal resolution in U.S. history, Attorney General Holder has announced.

New Twist - JPMorgan Bet Against Itself in 'Whale' Trade

Beached Whale

There is a new twist in the London Whale trading scandal that cost JPMorgan Chase $6.2 billion in trading losses last year. Some of the firm's own traders bet against the very derivatives positions placed by its chief investment office, said three people familiar with the matter.