Bernie Madoff Brother Sentenced to Ten Years in Prison
Judge found his claims of not knowing about his brother's Ponzi scheme not believable
Economics
How Capitalism Made the Christmas Tree Better
Originally intended as an antidote to commercialism, the Christmas tree soon had the opposite impact.
Fearing the Economy, Americans Hang On to Their Jobs
No confidence that they'll be able to find something better
Underground Activity Accounts for 25 Percent of Israel's Economy
Gambling accounts for a big chunk, in the overtaxed and overregulated country
The Auto Bailout Failure Is Now Complete
The bailout exemplifies much of what's wrong with government.
Finland Cuts Growth Forecasts Over Euro Crisis Fears
GDP expected to only go up half a percent next year
Boehner Pushing Vote on Tax Hike for Millionaires
White House says it doubt a "grand bargain" is still possible
Federal Red Tape Makes Hiring Agricultural Workers an Agony
So doing it legally ... not so tempting
Cash-Only Surgery Center Becomes a Model for Free-Market Health Care
It actually posts competitive prices up-front and won't deal with Medicaid or Medicare
Herbalife Disputes Claims It's a Pyramid Scheme
Hedge fund manager doesn't have nice things to say about company
Kodak Sells Off Patents to Tech Giants
Apple, Google, Facebook among those making purchases amid Chapter 11 restructuring
Major Video Game Company THQ Files for Bankruptcy
Known for wrestling and Saint's Row games
Teachers' Pensions Invested in Newtown Shooting Gun Manufacturer
Something else to focus on besides their dismal returns
Some Illinois Unions Willing to Pay More to Preserve Pensions
If state is willing to guarantee it will actually make its payments
Still Unclear if Cigarette Producers Will Move into Pot Market
Marijuana still illegal under federal law
Norquist Says Support for "Plan B" Not a Violation of Pledge
Despite the plan including a tax increase
IMF Warns Europe Over Irish Bailout
Says European leaders must follow through on commitments made to help Ireland finance its debts
Home Building Permits at Four Year High
Home starts meanwhile dropped for first time in three months
When Cities Go Bankrupt
Municipal failure is bad for creditors and unions, but potentially good for taxpayers.
Treasury Plans to Sell Remaining GM Stake Within 15 Months
Government still holds 200 million shares
In Philippines, Taxes and Regulations Fuel Black Market for Gold
With the central bank as the only legal buyer, sellers look elsewhere
How Big Labor Plans to Fight Michigan's Right-to-Work Law
Labor unions weigh their options in the courtroom and at the ballot box.
McDonald's Asks Franchises to Be Open Christmas Day
Those that are open actually do make money
