IBM Corp disclosed that the SEC is probing how the revenues of their cloud computing business is generated.
Legal & Regulatory
EU regulators strengthens scrutiny on Google search results
The European competition authority intensified its scrutiny on Google's search results as competitor blocking concerns in search results were raised by search engine rivals.
Regulators close small Florida bank; 17th bank failure this year
The Florida Office of Financial Regulation closed down the First Community Bank of Southwest Florida in Fort Myers.
Major US companies urge legislators to fight 'patent trolls'
US major firms including Wal-Mart, Google, Morgan Stanley and Dell raised concerns regarding patent trolls and urged legislators to broaden US Patent and Trademark Office's scope of power in reviewing patents.
Italian prosecutors investigate JPMorgan for employee's acts
A document seen by Reuters showed that Italian prosecutors are investigating JPMorgan in relation to their probe of Monte dei Paschi.
Latest News
Former NCAA athletes scored a win against Electronic Arts as a federal appeals court rule rejected the company's attempt to quash their case for unauthorized use of images in the latter's video games.
Raven Symone, one of the richest black celebrities in the United States under 40, recently shared her thoughts on gay marriage, leading many to confirm her sexual orientation.
The SEC's new rule on sales of securities will allow starting companies and venture capitalists to gain more funds.
Chinese organizations accused Apple Inc's supplier Foxconn and Taiwanese supplier UniMicron Technology Corp of environmental violations.
Chinese regulators urged local importers of Fonterra's products to recall their contaminated items after the dairy maker warned some infant milk and food products contained botulism-causing bacteria.
Apple described the US Justice Department's proposal to regulate its e-book sales as "draconian and punitive."
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.
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.
