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Last year, private-equity firm Lone Star Funds bought up nearly $6.7 billion of Merrill Lynch's credit debt obligations at 22 cents on the dollar. Could that be the private model the Treasury Department wants others to duplicate? Simon Johnson, a professor at MIT and a former chief economist at the International Monetary Fund, offers his insight.

Tesla is recalling nearly all of the autos it's sold in the U.S. because some warning lights on the instrument panel are too small. And NHTSA has upgraded a probe into Tesla steering problems.

Pat Riley, the current president and former head coach of the Miami Heat, owns half a dozen trademarks related to the word "three-peat." That could affect whether it appears on Super Bowl merch.

Markets in Asia opened lower early Friday while oil prices surged after Israel attacked Iran's capital amid the ramping up tensions over Tehran's rapidly advancing nuclear program.

Here's your recap of what happened in the leadership shakeup at the Centers for Disease Control and Prevention this week.

Federal officials released prescription histories of hundreds of thousands of doctors and identified the most common and costly drugs. Medicare spent the most on a purple pill for heartburn.

Former President Donald Trump attended an event put on by a conservative group that has growing ties to a movement that seeks to assert a stronger role for Christianity in how the country is governed.

Females make up less than 30 percent of the the country's labor force. But one nonprofit is providing restaurant and cooking training to vulnerable women who have been shut out by Moroccan society.

Amazon is working on a whittled-down list of cities where it might build the second headquarters. Among the bidders, Washington, D.C., stands out for competing against two of its next-door neighbors.

A new study by three media scholars reveals how the social protest movement spread on Twitter, with some fascinating — and sobering — findings.