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business news

San Onofre Nuclear Plant Costs $300 Million

The blackout at the San Onofre nuclear power plant in California has cost close to $317 million, according to the…

Rosetta Stone Settles with Google

According to a filing made on Wednesday at the U.S. District Court in Alexandria, Virginia, the language software company Rosetta…

Greek Journalist Found Not Guilty

Costas Vaxevanis, a Greek journalist, was acquitted in his trial on Thursday by a Greek judge. He published the names…

SEC Scrutinizing Nasdaq’s Plan for Handling Facebook Fiasco

On Monday, the U.S. Securities and Exchange Commission posted a notice online about Nasdaq’s Facebook plan, observing “The Commission believes…

Ferrari Cars Fly Italian Navy Flag During Indian Race Practice

On Friday, Ferrari walked right into the middle of a political dispute when it displayed the Italian navy flag on…

October 31 Hearing Date for Credit Card Settlement

A proposed settlement of $7.2 billion between merchants and Visa Inc and Mastercard Inc was submitted on Friday for preliminary…

Trump Organization Fired from Managing Trump Place

The Trump Organization has been fired from managing Trump Place, the condominium complex on the Hudson River that bears the…

Apple Unveils iPad Mini

Apple will not be entering the mini-tablet bidding war despite unveiling its iPad Mini on Tuesday. The pricing for the…

Wal-Mart and Two of its Staffing Agencies Sued

A lawsuit has been filed against Wal-Mart Stores Inc. for allegedly breaking laws related to minimum wage and overtime. Also…

Nissan Altima Sedans Recalled

According to an announcement by safety regulators in the United States, Nissan Motor Co will recall 13,919 Altima sedans in…

Twitter to Remove Anti-Semitic Tweets

Twitter was threatened to a lawsuit by a Jewish group for racist and anti-Semitic tweets posted using French hash tags.…

Three Unauthorized Trades Discovered by UBS

On Thursday, a London court heard that managers from UBS have fired two traders involved in unauthorized trading that are…