Apple Inc. announced today it was slashing the price of its 1GB iPod Shuffle to $49 and releasing a new 2GB iPod Shuffle that costs just $69.

TVT Records, home to recording artist Lil Jon & The Eastside Boyz, Ying Yang Twins, Lumidee and Nine Inch Nails, has reportedly terminated the majority of its employees and is expected to file for Chapter 11 bankruptcy...

Wells Fargo & Company announced it has reached its goal, set in 1998, to lend $1 billion to African American business owners nationwide by 2010.

Billionaire Warren Buffett's, Berkshire Hathaway has acquired more than 132 million shares of Kraft Food Inc., according to a document filed with the Securities and Exchange Commission Thursday.

Carver Bancorp, Inc., the holding company for Carver Federal Savings Bank, today announced its third quarter 2008 results.