BP Banned from U.S. Federal Contracts
In citing the "lack of business integrity," the government of the United States has banned BP from any new federal…
business news
SAC Capital Issued Wells Notice
In a report from Reuters, the United States government has threatened to file civil securities fraud charges against SAC Capital…
Ericsson Sues Samsung for Failing to Sign FRAND Agreement
On Tuesday, Kasim Alfalahi, the chief intellectual property officer at Ericsson said in a statement that the company is suing…
Hewlett Packard Sued by Investor
On Monday, a lawsuit was filed against Hewlett-Packard Co, according to a report by Reuters. The company was sued by…
Apple Wants to Add More Samsung Products to Lawsuit
In a report from Reuters, Apple asked a federal court to add six products to the lawsuit regarding patent infringement…
Early Bird Holiday Shopping 2012
After the turkeys were polished off plates, and the pumpkin pies licked, holiday shoppers got off to a fresh start…
Argentina Appealing U.S. Federal Court Ruling on Bondholder Payments
In November 2012, Argentina decided it will appeal a U.S federal court ruling ordering it to pay $1.33 billion to…
Hostess Told it Can Begin Liquidation Process
The company that bakes Twinkies, Hostess Brands Inc., won its court approval to begin shutting down its operations across the…
Mediation Collapses between Hostess and Bakers Union
Reuters is reporting that Hostess Brands Inc is going to pursue going out of business after its last-minute discussions with…
Denny’s Tries to Distance Itself from John Metz’s Comments
Denny's franchise owner John Metz has been contacted by Denny's chief executive John Miller to let him know of his…
Hostess and Bakers Union Meet in Mediation
In an effort to save over 18,000 jobs, bankruptcy judge Robert Drain decided to delay the bid by Hostess Brands…
NY Federal Reserve Wins Lawsuit Filed by AIG’s Greenberg
United States District Judge Paul Engelmayer dismissed the lawsuit filed by Maurice Greenberg that accused the Federal Reserve Bank of…