Business News

An independent Scotland would have an exceptionally large banking sector, compared with the size of the rest of its economy, making it vulnerable to financial shocks and putting Scottish taxpayers at significant risk in the event of the country being hit by another banking crisis, the U.K. Treasury said Sunday.

A former investment-banking analyst at a unit of Bank of Montreal agreed to pay a total of 1.2 million Canadian dollars among other penalties to settle insider-trading charges, as Canada's biggest securities regulators continue to clamp down on inappropriate trading activity.

Former Groupon CEO Andrew Mason is diving into several new ventures, including indulging his inner rock star with an album of "motivational business music." Mason said Thursday on his blog that he recently spent a week in Los Angeles and recorded a collection of seven songs called "Hardly Workin'." Mason said he wants to present business wisdom to ... (more)

CAA packaged the project and is representing domestic rights, while Wild Bunch is shopping the project to foreign buyers in Cannes.

Facebook, the brainchild of a young CEO who sauntered into Wall Street meetings in a hoodie, was going to be bigger than Amazon, bigger than McDonald's, bigger than Coca-Cola. And it was all made possible by our friendships, photos and family ties.

George Clooney, Raffey Cassidy and Hugh Laurie are the stars in the movie that has a release date of Dec.

Tom Wheeler, nominated to become the new chairman of the Federal Communications Commission, pledged to divest stakes in AT&T Inc, Dish Network Corp, Google Inc and dozens of other tech and telecoms companies if he is confirmed.

After one bite, however, I knew my taste buds had landed on one of my favorite new spring dishes in San Diego.

King, a long-time Democratic activist, will also appear at a Library of Congress ceremony next week honoring her contribution to popular music.

But ESPN's new 11-year deal means TSN becomes the only Canadian destination for tennis fans north of the border from 2015.

Pearson's Financial Times reported Friday that several of its blogs and social media accounts were "compromised by hackers." The announcement, initially made through the U.K.-based business publication's Twitter account, was also confirmed by FOX Business through a Financial Times spokesperson.

The lightweight Apple tablet has opened the door to more than $50 million in cost savings over the next 10 years, according to the military.

In a Thursday night post, Gawker's John Cook said the video is for sale and shows Ford allegedly inhaling from a crack pipe within the last six months.

Members of a group of British computer hackers who masterminded sophisticated cyber attacks on major global institutions from their bedrooms have been jailed.

David Cameron will meet next week with Eric Schmidt, the chairman of Google, just days after a fresh political row erupted over the internet search giant's UK tax affairs.

The airline, founded by Sir Richard Branson, lost 93m in the year to the end of February, worse than the 80m loss it reported a year earlier.

Image Entertainment has picked up North American rights to Last Love , the drama from Mostly Martha director Sandra Nettlebeck starring Oscar winner Michael Caine .

Average U.S. rates on fixed mortgages rose this week but stayed near their historic lows.

Sina Corp, which runs China's biggest micro-blogging service, saw losses narrow in the first three months of the year as revenues rose.

Only two of 13 small SUVs performed well in front-end crash tests done by an insurance industry group, with several popular models faring poorly in the evaluations.