Argentina squared off with a group of US hedge funds in a court case that has the potential to unravel its deals over the past decade to emerge from a $100bn (€76bn) pile of bad national debt.

A US jury began deliberating whether Citigroup tricked a British private equity firm into buying music company EMI in 2007 at an inflated price.

Michael Moore has been served with a subpoena by the US government over his controversial trip to Cuba for his latest documentary Sicko.

Three ground zero workers who accompanied filmmaker Michael Moore on a trip to Cuba for medical treatment featured in his new movie 'Sicko' said today they were targeted by the US government because of their participation.

Random House is suing an online publisher for selling electronic versions of novels it owns in paperback format.