Smash Hit

Intel accused of ‘coercion and bribery’

New York's attorney-general accuses company of engaging in systematic worldwide campaign to strangle competition

Fed leaves interest rate close to zero

The US central bank says high unemployment and low inflation likely to mean exceptionally low rate for extended period

Ford back in the black after cost-cutting

The carmaker returns to quarterly operating profit and hopes to repeat its British success with Fiesta in America

American retailing giants slash book prices

Fears for small operators as Amazon, Wal-Mart and Target launch price war in attempt to head the retailing bestseller list

Kraft to unwrap Cadbury bid within week

As Takeover Panel deadline looms, US group unlikely to make formal offer before shareholders see third-quarter figures

Americans get together in hunt for bargains

1million people across US sign up to internet service that uses crowd participation to offer substantial retail discounts

New York agog at insider dealing scandal

'Master of the Rolodex', wiretaps and high-profile names ... the $25m hedge fund affair keeps the public enthralled

BP fined $87m for safety lapses

US authorities impose record penalty on oil group for failing to take corrective action after fatal refinery explosion

Madoff started Ponzi scheme to 'cover losses'

Convicted fraudster told SEC that he started his massive fraud after a legitimate investment went wrong

Madoff accountant will plead guilty to fraud

Accountant who oversaw Madoff's accounts for 17 years will plead guilty to criminal charges next week

US hedge fund bags biggest stake in Debenhams

Och-Ziff buys 9 per cent stake from private equity co TPG, marking further interest in newly capitalised UK consumer brands

Déjà vu

With US spending at 2005 levels, you could conclude that the new age of austerity looks much like the old age of profligacy

US economy exits worst recession since the 1930s

GDP rose at an annual pace of 3.5 per cent between July and September, exceeding economists’ forecasts

Google beats Microsoft to LA deal

Los Angeles City Council has approved a multimillion-dollar proposal to use Google’s office products for 30,000 workers

Movie machines buck trend in America

Self-service DVD rental kiosks, charging just $1 a film, have made everybody, from consumers to moguls, take notice

Darling accused of Lehman double-cross

The former US Treasury Secretary has accused Alistair Darling of double-crossing America, a new book reveals

US targets banks in war on tax evasion

America is tackling a priority for President Obama by stepping up its war on tax evaders and the banks that aid them with secret offshore accounts