Citigroup is in talks with the US Treasury about increasing government ownership of the troubled banking conglomerate....

It might have been Vikram Pandit's big idea to appease investors and raise a bit of extra capital - albeit only after pressure from the US government - but Citigroup's plan to hive off its Smith Barney broking division has not been welcomed by investors....

Obama's plan to have a cabinet full of politico-celebrity superstars is turning out to be the least successful Obama plan ever. Already, Al Gore and Colin Powell have taken themselves out of consideration. That was a major emotional blow, because they are both known to get the party started right. A...

Yesterday, the powerful portfolio manager at Yahoo’s largest investor, Gordon Crawford (pictured here) of Capital Research Global Investors, a division of Capital Research & Management Co., made some very public and very harsh remarks directed at Yahoo (YHOO) CEO Jerry Yang for blowing th...

Photo: Getty Images Jerry Seinfeld needed his friends to come jump-start his Porsche in Greenwich Village. New Blender editor Joe Levy has hired his former Rolling Stone colleague Rob Sheffield to write a monthly column for him. Greg Brier, owner of Aspen and Amalia, is opening what he hopes will be...

MEDIA • At least 75 Time Warner layoffs are expected to be announced today. The layoffs are among CEO Jeff Bewkes's first public tasks since taking the helm of the company from Dick Parsons last month. Earlier today, Time Warner announced a 41 percent decline in fourth-quarter earnings. [MSNBC...