Richmond sues Chevron Corp for willful negligence in last year's refinery fire

The City of Richmond filed a lawsuit against Chevron Corp over a refinery fire that occurred last year.


San Francisco District judge denies class action certification by women filing case against Wal-Mart

San Francisco U.S. District Judge Charles Breyer rejected a motion filed by women workers of Wal-Mart's California offices as a class action lawsuit.

Cisco to purchase Sourcefire for US$2.7 billion

Cisco would purchase Sourcefire for US$2.7 billion and pay US$76 in cash for each share. Cisco Systems recently announced its plan to purchase Sourcefire for US$2.

Compuware renews attempt to sell itself - sources

According to sources, Compuware revamped its efforts to sell itself by looking for new buyout firms.


Latest News

Fire Eye Inc, the cyber security firm owned by former McAfee CEO Dave Dewalt, announce that they have filed documentation for an IPO to raise an estimated US$175 million.
Yahoo acquires Rockmelt Inc. for a deal valued at USD50 million according to sources familiar with the matter.
Leo Leiderman removed himself from the race for the new governor of the Bank of Israel. Leonardo Leiderman removed himself from the list of possible candidates to become the new head of Bank of Israel.
CareFusion and Smiths Group shares fell after talks for an acquisition deal for Smiths' medical equipment division collapsed.
Cox president and officials from Liberty Media have engaged in discussion for a possible merger with John Malone's Charter.
General Motors Co appointed Tim Lee as the new chairman of its Chinese unit as it gears up for expansion in its largest single market.
Illinois Tools Works Inc. looked into buying back USD6 billion shares after investor Ralph Whitworth placed the company under pressure to increase its profit.
Terra Firma Capital Partners agrees to sell its gas distribution company to Hasting Funds Management Ltd for a deal valued at GBP7 million.
Barclays Plc's COO Jerry Donini will step down from office making him the last of former CEO Robert Diamond's management team to leave the investment lender.
Goldman Sachs ex-trader Fabrice Tourre was found guilty by a Manhattan jury in his role in the subprime mortgage-back deal known as Abacus in 2007.