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 Paper can now be used to serve as a battery for electrical devices. Using nanotechnologies researchers at Stanford University have invented lightweight and even bendable batteries out of paper.

According to Yi Cui, assistant professor of materials science and engineering, at Stanford those batteries can be folded, crumpled or even soaked in an acidic solution and still work. The battery was created out of paper coated with ink made of carbon nanotubes and silver nanowires.

Three former executives at now-bankrupt lender New Century Financial Corp were charged with fraud by U.S. securities regulators on Monday, the latest government effort to pursue wrongdoing in the subprime mortgage market.

The U.S. Securities and Exchange Commission accused the three executives of trying to disguise New Century's rapidly deteriorating performance from investors while releasing weekly internal reports entitled "Storm Watch."

 This week Christopher Dodd, chairman of the Senate Banking Committee, released the letter that stated Bank of America won’t lift rates or make any changes in terms on consumer credit card accounts before the reform legislation comes into effect next year. Dodd urged other companies to follow BofA’s sample and freeze their rates.

The Securities and Exchange Commission Wednesday charged Richardson, Texas resident Reza Saleh with insider trading around the public announcement of Dell Inc.'s tender offer for Perot Systems earlier this week.