The company that bakes Twinkies, Hostess Brands Inc., won its court approval to begin shutting down its operations across the country and start selling its assets. It also won…
On Tuesday, in a week-long trial in a Seattle federal court, the last expert witness finished giving evidence. The expert witness on behalf of Google said that Microsoft will make…
Reuters is reporting that Hostess Brands Inc is going to pursue going out of business after its last-minute discussions with one of its unions collapsed on Tuesday night. The…
In an effort to save over 18,000 jobs, bankruptcy judge Robert Drain decided to delay the bid by Hostess Brands Inc. to close its business and sell its factories,…
The U.S. International Trade Commission has announced that it would be reviewing the preliminary ruling in September made by an administrative law judge that held Apple did not violate any…
United States District Judge Paul Engelmayer dismissed the lawsuit filed by Maurice Greenberg that accused the Federal Reserve Bank of New York for unlawfully bailing out American International Group…
Regulators said on Friday that JPMorgan Chase & Co and Credit Suisse Group AG will be paying a combined $416.9 million to settle charges against them for misleading investors over…
Attorneys for two employees of BP said that they were unfair targets of the United States government in an unfair investigation. The two employees were charged with manslaughter in…
Ikea apologized this Friday for their use of prisoner labor in communist East Germany in the 1980s. After a Swedish television documentary which aired in June exposed them Ikea commissioned…
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