Russian pleaded not guilty to charges that accuse him of being a part of the biggest cybercrime ring prosecuted in the US.
Legal & Regulatory
Soros adds 2 million shares to JC Penney portfolio, others exit
George Soros added another 2 million shares to his JC Penney portfolio while other investors exited or reduced their holdings.
AMR goes back to the drawing board, investors suffer if antitrust case succeeds: sources
Sources told Reuters if the government's anti-trust case against the AMR-US Airways merger prospers, AMR would have to go back to the drawing board and investors would suffer.
Ex-JP Morgan employees indicted in USD6 billion trading loss
Two traders formerly employed by JP Morgan were charged by federal prosecutors relating to the bank's USD6.2 billion loss in the derivatives trade.
Samsung faces USD108 million lawsuit in Brazil over labor violations
A labor rights group reported that the Brazilian government filed a USD108 million lawsuit against Samsung for its labor violations.
Latest News
3D printing continued to spur copyright clash between low-end 3D printer users and various companies that defend their copyrights on electronics.
In a released statement, the European Commission questioned Italian telecom watchdog AGCOM about the changes it wanted to implement to the prices of broadband.
As the dispute over terms of the retransmission contract between CBS and Time Warner Cable rages on, government representatives and federal regulators are considering to take action to end the dispute at the soonest possible time.
A unit of Glencore Xstrata revealed that it would scaling back on its workforce as well as its budget in the Tampakan copper-gold mine in South Cotabato, Philippines.
Judge Denise Cote ruled that Ally's Residential Capital LLC (ResCap) can still be sued by the Federal Housing Finance Agency despite declaring bankruptcy.
Italy's tax police determined that around $333.8 million of Salvatore Ligresti', his daughters' and the company executives' assets will have to be seized.
In an editorial on the Daily Telegraph, Prime Minister David Cameron gave his backing for hydraulic fracturing.
Mexico’s policies on making their oil and gas resources hands-off from private companies has lasted 75 years. They now intend to reform these laws, seeing a potential massive growth since its North American Free Trade Agreement (NAFTA) about twenty years ago.
The latest winner of the Powerball jackpot face great financial issues in the future. One of the largest prizes for a Powerball lottery was won by a group of New Jersey employees.
