Detroit's bankruptcy, the largest in US history, poses a couple of lessons which others should take keep mind.
Regions
Cohen Hedge Fund pleads not guilty; SAC Re's future reconsidered
Billionaire Steven Cohen's hedge fund pleaded not guilty to five separate criminal charges in federal court.
Dell special committee not accepting bid below US $14, says source
A source familiar about the deal but requested anonymity claimed that Dell Inc. will not be selling its shares for a bid below US $14.
Zuckerberg proves ads don't detract user experience
The founder and CEO of Facebook said that ads would not make the user experience any less even if the company allot more space for ads.
Google's mobile problem in China takes its toll
Google's mobile market share in China declined after the March 2010 incident. The Android operating system of Google was the dominant force in the smartphone market of China.
Latest News
ONGC and Reliance Industries signed a Memorandum of Understanding that allows them to share infrastructure on the east coast.
Fabrice Tourre, former Goldman Sachs junior executive, contested the charges against him when he took the stand on Wednesday.
Russian billionaire Vladimir Evtushenkov said he is considering takeover targets to expand his business abroad.
The US $1.24 billion between Chevron Corp. and Argentina government's YPF may be turning point in the country's protectionist policy but it comes with an underlying political danger.
Apple Inc's German supplier reported a two-month record high after the sales of iPhones surpassed the estimates of analysts.
The Federal Reserve said that Ally Financial Inc.'s GMAC Mortgage will pay a total of USD 230 million to borrowers as settlement for handling foreclosures improperly.
SAC Capital Advisors' CEO Steven A. Cohen's lawyers will contend he does not have time to look into each of his employees activities to argue his lack of liability over a civil complaint.
A source revealed that Publicis and Omnicom are in late-stage talks about a merger of equals. Two of the world's largest advertising firms are said to be in private talks about a possible merger.
JPMorgan announced that it will no longer be trading in physical commodities. JPMorgan Chase & Co announced that it will no longer be trading in physical commodities.
