NEW YORK -- Those beating the global warming drum have sure taken a few lumps lately. First there were the hacked e-mails from climate scientists, which critics say show an effort to massage some data and keep some scientists out of the debate. Then there was an admission from the Untied Nations' top climate body saying that it relied on some flawed numbers to predict a Himalayan glacier would.. more

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NEW YORK -- Pink Floyd won a legal battle Thursday against EMI that prevents the band's long-time record label from selling individual songs online. Sir Andrew Morritt, chancellor of Britain's High Court, ruled that Pink Floyd's contract forbids EMI from breaking up the band's albums without its permission, according to a spokeswoman for the British judicial system. EMI had argued that the stipu.. more

NEW YORK -- Fast food joints are scrambling to find alternate sources for one of America's favorite sandwich toppings after a winter freeze took a huge bite out of Florida's tomato harvest. Due to unusually cold winter weather, 60% to 70% of Florida's tomato crop was destroyed, said Terence McElroy, a spokesman at the Florida Department of Agriculture. And because the sunshine state produces abo.. more

NEW YORK -- Want to know if all this talk of an economic recovery is for real? Don't think big. Think small. Small-cap stocks, which are generally considered to be companies with a market value of under $2 billion, have been outperforming their larger peers since the market bottomed. And the trend is picking up this year. The Russell 2000 and S&P SmallCap 600, two of the most widely watched ba.. more

NEW YORK -- It's dawning on people that getting a handle on burgeoningU.S. debt will be a long and hard process. So if lawmakers can't agree on a credible plan, some have suggested that the country could just "inflate its way" out of its fiscal ditch. The idea: Pursue policies that boost prices and wages and erode the value of the currency. The United States would owe the same amount of actua.. more

WASHINGTON -- President Obama has been waging a war with banks over who gets to dole out cheap student loans backed by the federal government. For months, key lawmakers planned to move a proposal to force all government-backed student loans to come solely from the federal government as part of the health care legislation. Democrats want to cut out bank middlemen who now collect a subsidy to make.. more

NEW YORK -- Citigroup CEO Vikram Pandit offered a bold outlook for his troubled firm Thursday, saying he hoped his company would soon be able to deliver profits of approximately $20 billion. Pandit, speaking at a company-sponsored conference, did not give a time frame for when the bank would generate this profit. He did stress however that the company would be able to earn big returns on the ass.. more

NEW YORK -- Now that Citigroup and AIG are rolling in the bucks, GMAC is looking like the most egregious zombie bank of them all. A report released Thursday questions the wisdom of the government's decision to spend $17 billion propping up the money-losing maker of car and home loans. The report, released by the Congressional Oversight Panel, noted that the White House thinks taxpayers will lo.. more

NEW YORK -- The honeymoon is officially over. Three months after he replaced Fritz Henderson as CEO of General Motors, Ed Whitacre is getting a rude introduction to life in a single-industry town. Following the reorganization of sales and marketing in North America last week, the latest in a series of management changes that saw some veteran executives relieved of their jobs, the Detroit media.. more