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Tim Scott Publicly Acknowledges His Sexuality
Tim Scott Publicly Acknowledges His Sexuality
Better Legal System Needed in China
Better Legal System Needed in China
Silicon Valley Company Busted for Wage Theft
Silicon Valley Company Busted for Wage Theft
‘Patent Trolls’ Losing Their Fight with Big Tech Companies
‘Patent Trolls’ Losing Their Fight with Big Tech Companies
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Business News

Tim Scott Publicly Acknowledges His Sexuality

Tim Scott Publicly Acknowledges His Sexuality Summary: Tim Scott, for the first time, publicly acknowledges that he is a gay man in a piece published in Business Week. The Apple CEO hopes that his declaration will help the marriage equality cause, as well as struggling individuals. In…>read more

No Comment October 30, 2014

Better Legal System Needed in China

Better Legal System Needed in China Summary: The Communist Party of China is looking to implement a better legal system for the entire country, according to a meeting from the Central Committee. The Communist Party in China introduced guidelines that could be used to improve the legal…>read more

No Comment October 28, 2014

Silicon Valley Company Busted for Wage Theft

Silicon Valley Company Busted for Wage Theft Summary: Electronics for Imaging was fined by the U.S. Department of Labor and forced to pay back pay to employees it had paid just $1.21 per hour for 120-hour work weeks. Electronics for Imaging, a Silicon Valley company that specializes in digitizing…>read more

No Comment October 24, 2014

‘Patent Trolls’ Losing Their Fight with Big Tech Companies

‘Patent Trolls’ Losing Their Fight with Big Tech Companies Summary: Big tech companies and ‘patent trolls’ are continuing their legal battles in and out of court these days, but big tech companies are starting to win. Companies have been purchasing software for two decades now solely to sue technology companies,…>read more

No Comment October 23, 2014

Airbnb Arriving Soon in San Francisco

Airbnb Arriving Soon in San Francisco Summary: A new law has passed in San Francisco that will allow consumers to offer rental services to guests. Short-term vacation rental company Airbnb may soon be operating in San Francisco. The San Francisco Board of Supervisors voted 7-4 on…>read more

No Comment October 22, 2014

Facebook Sues Prestigious Law Firm for Fraud

Facebook Sues Prestigious Law Firm for Fraud Summary: Facebook has sued several law firms and attorneys, claiming that they filed a fraudulent lawsuit against it. According to the State Journal, Facebook has filed a lawsuit against several firms that represented a client who claimed he owned half…>read more

No Comment October 21, 2014

IBM to Pay Globalfoundries 1.5 Billion Dollars for Chip

IBM to Pay Globalfoundries 1.5 Billion Dollars for Chip Summary: IBM has reported that it will pay Globalfoundries $1.5 billion as part of a ten-year deal to take over an unprofitable chip that hurt IBM’s revenue. Bloomberg reports that International Business Machines Corp. (IBM) has agreed to pay Globalfoundries Inc. $1.5…>read more

No Comment October 20, 2014

Bank of America Profits Plummet in Third Quarter

Bank of America Profits Plummet in Third Quarter Summary: After settling a multibillion-dollar lawsuit with state and federal agencies, Bank of America’s profits declined due to lingering effects of the weakened economy. According to the New York Times, Bank of America reported that its profits dropped significantly during…>read more

No Comment October 15, 2014

Jimmy John’s Employees Outraged over Non-Competition Clause

Jimmy John’s Employees Outraged over Non-Competition Clause Summary: Jimmy John’s, a popular sandwich shop, has added a broad non-competition clause to its employment contract that would severely restrict employment opportunities for former workers for a two-year period. Jimmy John’s, a sandwich company known for its “freaky fast…>read more

No Comment October 15, 2014

Burger King Manager Assaults Customer for Complaining about Cold Onion Rings

Burger King Manager Assaults Customer for Complaining about Cold Onion Rings Summary: Robert Deyapp was served cold onion rings at a Burger King restaurant. When he asked for them to be warmed up, the manager attacked him with a stun gun and a switchblade. A New Mexico Burger King has a…>read more

No Comment October 10, 2014

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