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Rajat Gupta, Former Goldman Sachs Director, Sentenced To Two Years
Gupta was once a director at Goldman Sachs and Procter & Gamble. He was convicted of leaking information to convicted hedge fund manager Galleon Rajaratnam.
U.S. Sues Bank Of America Over Mortgage Loans To Fannie And Freddie
Federal authorities allege bank executives knew they were handing out mortgages to unqualified buyers. They then shuffled those loans to the government-controlled housing giants.
Obama, Romney Tweak Each Other In Swing States
President Obama and Mitt Romney were in some of the same swing states Wednesday. Obama accused the Republican of having "Romnesia" for dropping past policy positions with ease. Romney showed no forgetfulness, however, when it came to keeping up his steady line of economic attacks against Obama.
Watching TV Online Often Exposes Slow Bandwidth
There are more ways than ever to watch TV programs on the Internet, from Netflix and Amazon to Hulu. But many viewers discover that watching TV on the Web can be frustrating, as their favorite show might suddenly stop and stutter, the victim of a lack of bandwidth.
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•
5:32
Energy Independence For U.S.? Try Energy Security
It would be virtually impossible for any country to be energy independent. Energy security is a more realistic goal, however. U.S. oil production is on track to surpass Saudi Arabia's, and imports are falling. Also, increased regional production could mean the U.S. buys more oil from places like Brazil and Canada and less from producers in the Middle East.
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•
5:10
Cocoa City, Fla., To Citizens: Pull Up Your Pants
The city council passed a law banning pants or skirts that expose more than 3 inches of undergarments or skin. But in the hipster heaven of Williamsburg, Brooklyn, no one would be caught dead in baggy pants. The new website Styleblaster is capturing skinny jeans and slim fits with its webcam on the main drag. Viewers can rate passersby with a click on an old-fashioned top hat.
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0:29
Halloween Horror: Hurricane Sandy Could Be 'Billion-Dollar Storm'
The hurricane is moving up from the South. A winter storm is coming from the West. Cold air is moving down from the North. Next Monday to Wednesday could be tough for much of the Mid-Atlantic, New England and Eastern Canada. Remember the "perfect storm?"
Amid VP Run, Ryan Working To Keep House Seat
Rep. Paul Ryan is campaigning across the battleground states as Mitt Romney's running mate, in hopes of being the next vice president. But he's also running for re-election in Wisconsin's 1st Congressional District.
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3:44
Algae As Car Fuel: Possible, But Not Sustainable?
Growing algae as a source of fuel could consume vast amounts of water and fertilizer, according to a study by the National Academy of Sciences. There's also a risk that the energy required to produce these fuels would make them impractical. These daunting technical problems need to be overcome if the nation wants to turn to algae fuels as a substitute for gasoline.
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3:37
Colin Powell Endorses Obama Again
The former secretary of state and retired general, a Republican, also endorsed then-Sen. Barack Obama's presidential bid in 2008. "I think we ought to keep on the track that we are on," he said on CBS This Morning.
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