Legal & Regulatory
ECB's Nowotny-We see a massive weakening in the euro zone economy
European Central Bank Governing Council member Ewald Nowotny warned on Monday that inflation is expected to continue to fall in the eurozone in the first quarter of 2015 amid a prolonged slowdown in economic growth.He told a conference in Frankfurt that, "We see a massive weakening in the euro zone economy”.
Obamacare helps private equity get its rehab clinic fix
Investors are pouring money into the operators of U.S. rehab centers as many more Americans get health care coverage for addiction treatment, driving up valuations and triggering a consolidation of businesses in the fragmented sector.
Chinese Internet regulator welcomed at Facebook campus
Lu Wei, China's top Internet regulator, may not welcome Facebook to his house, but he's certainly welcome at Facebook. Lu, the minister of China's Cyberspace Administration, recently toured the campuses of U.S. tech giants Facebook Inc, Apple Inc and Amazon Inc, according to a report and pictures posted on a Chinese government website on Monday.
Cisco Systems sues rival for infringement of network patents
Network equipment maker Cisco Systems Inc filed two lawsuits on Friday against Arista Networks Inc, accusing the smaller rival of copying its networking technologies.