A firm stand on prices and a surge of last-minute holiday shoppers gave retailers a big present: modest December sales gains and healthy profits, a big improvement from last year's Christmas catastrophe. Many retailers raised their fourth-quarter outlooks Thursday. A big reason why: Stores never had to ...

A high-profile federal prosecutor — whose office is investigating Wall Street and who toppled New York Gov. Eliot Spitzer — told superiors at the Justice Department on Monday that he is leaving his job. As the U.S. attorney for the Southern District of New York, Michael Garcia oversaw the ...

A high-profile federal prosecutor has told superiors at the Justice Department that he is leaving his job in New York to join a private law firm. As the U.S. attorney for the Southern District of New York, Michael Garcia oversaw the prostitution investigation that led to the resignation of then-New York Gov. Eliot ...

Former New York governor Eliot Spitzer escaped charges Thursday in the high-priced call girl scandal that brought him down earlier this year. Prosecutors had been looking into misuse of public funds during Spitzer's spending spree -- reported to total up to 80,000 dollars -- on prostitutes. However, Michael Garcia, US attorney for the Southern District of New York, said there ...