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In a lawsuit, the Justice Department alleges Standard and Poor's misled investors with fraudulent credit ratings. The agency could seek more than $5 billion in damages.

S&P Lawsuit Puts Ratings Firms Back In The Spotlight

The Justice Department says it could seek more than $5 billion in damages from the nation's biggest credit ratings company. Critics of the agencies say the firms have for decades built their business on revenue from the Wall Street firms they are rating, instead of being a resource for investors.

Mayor Renews Call to Add Cars Back to Fresno's Fulton Mall

Fresno mayor Ashley Swearengin renewed her call to open the Fulton Mall to automobile traffic at today’s annual State of Downtown Breakfast.Swearengin…

California Governor Jerry Brown (file photo)

Governor Brown Calls Hidden Funds at CAL FIRE 'Boring Story'

California Governor Jerry Brown is calling news that the state Department of Forestry and Fire Protection hid funds in a nonprofit account for several…

Maltipoo Shaggy is dressed as a Yankees fan at the Tompkins Square Halloween Dog Parade in New York City last year. Commentator Frank Deford says the Yankees are turning into a home for the assisted living.

It's The Dog Days For America's Sports Dynasties

We used to have three bona fide dynasties: the Yankees in baseball, the Celtics and Lakers in basketball, and the Cowboys in football. We even had dynasties in college sports. But no more. Commentator Frank Deford says our dynasties are melting as fast as the Arctic ice cap.

Throwback Brewery co-owner Nicole Carrier and assistant brewer Chris Naro pour beer for customers at their North Hampton, N.H., taproom.

New Hampshire Cuts Red Tape To Put Nanobreweries On Tap

Small, local breweries are trendy, but in many places, starting one can involve a lot of red tape, thanks in part to Prohibition-era liquor laws. New Hampshire is the first state to try to change that. But is the "nano" model really sustainable?

This AR-15 rifle's lower receiver (in soft green color) was produced with a 3-D printer. The 3-D printing industry has criticized the use of the technology for gun part making.

Using 3-D Printers To Make Gun Parts Raises Alarms

Owners of 3-D printers can create all sorts of imaginative items — cups, tools, jewelry. All they need is a design and the printer. But now some gun parts are being produced with this technology, alarming some in the burgeoning 3-D printing industry.

Feds Bust Huge Credit Fraud Ring

Authorities say they've broken up one of the biggest credit card fraud rings in U.S. history. The group stole more than $200 million by creating fake identities and opening thousands of card accounts.

Manti Te'o Deletes Twitter Account

Manti Te'o is the Notre Dame football player who says he met his girlfriend online. The woman wasn't a real person, and Te'o says he was the victim of a hoax.

Conn. Congressman Wants Correction To 'Lincoln'

The movie shows Connecticut lawmakers voting to uphold slavery. Rep. Joe Courtney looked it up, and found his state's real-life lawmakers voted to abolish slavery in 1865. He's asking director Steven Spielberg for a correction.

Letter carrier Raymond Hou delivering mail on his route in San Francisco (March 2010 file photo).

Postal Service Moves To Halt Saturday Mail

The decision has been long anticipated. The Postal Service continues to lose billions of dollars a year and is looking for ways to cut costs. Eliminating Saturday delivery of first-class mail (but not packages) might save it about $2 billion annually.

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