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business news

Hotels Sued in California for Fixing Prices

A federal lawsuit filed in California accuses Hilton Worldwide Inc, Expedia Inc and other hotel retailers of conspiring to fix…

Bumbo Seat Recalled Once Again

A new recall was announced earlier this week and it is for a very popular baby product; the Bumbo Baby…

Google Permitted to Appeal Ruling on Digital Library Case

Google has been granted the chance to appeal the issuance of class status to thousands of authors suing the company…

Standard Chartered Faces Uphill Climb in Case Filed by New York State

A British bank that is facing money laundering allegations from the New York State Department of Financial Services had a…

Zynga Sued by Electronic Arts for Copyright Infringement

Zynga has been sued by Electronic Arts for copyright infringement. Electronic Arts filed its complaint in U.S. District Court of…

U.S. Olympic Athletes Face Tax on Medals and Reward Money

According to the Americans for Tax Reform, prize money and medals won by United States athletes at the Olympics are…

PokerStars and Full Tilt Poker Agree to Settle

PokerStars and Full Tilt Poker have settled a federal money laundering charge and fraud charges against them. The companies have…

Joel Ewanick Resigns from General Motors Position

Joel Ewanick has handed in his resignation to General Motors just two years after he was hired to shake things…

US Bancorp Sued by City of Los Angeles

US Bancorp has been sued by Los Angeles in a lawsuit that claims the fifth-largest U.S. commercial bank is one…

Trade Gap for United States Shrinks

Concerns regarding a global economic slowdown were reduced as the United States trade deficit decreased in the month of May.…

Apple Settles with Proview Technology Regarding iPad Trademark in China

Proview Technology (Shenzhen) has been paid $60 million by Apple Inc to complete an argument regarding the trademark in China…

Chinese Rice Trader Creates Fake Bank in United States

A rice trader in China, Lin Chunping, invented a United States bank and said that he purchased it. In January,…