Lehman Brothers Holdings Inc. won a federal judge´s approval to begin the final phase of the biggest bankruptcy in U.S. history, as the defunct securities firm said it would begin to distribute some of its $23 billion in available cash.
Google Inc.´s $400 million purchase of AdMeld Inc. was approved by the U.S. Justice Department after regulators found competition in the online display advertising industry ensures the acquisition won´t harm consumers.
Wikileaks founder Julian Assange has won the right to petition the UK Supreme Court in his fight against extradition to Sweden.
Samsung has won the most important round yet in its global legal battle with Apple - after the Californian company´s bid to halt U.S. sales of Samsung´s Galaxy products was rejected.
As it deals with fallout from its bankruptcy announcement, American Airlines is also facing the wrath of a family who claim their loved one died after eating a meal served by the carrier.
Heineken NV, the world´s third- biggest brewer by volume, acquired 918 U.K. pubs it manages for Royal Bank of Scotland Group Plc in a 412m-pound ($646m) deal that creates one of Britain´s biggest pub owners.
Proposed U.K. bank reforms could result in a smaller presence in the U.K. for Banco Santander SA, Santander UK Chief Executive Ana Botín warned U.K. lawmakers in a letter published Thursday, as she and other U.K. bank bosses said they expect the new rules to cost far more than their creators´ estimates.
Wall Street executives, in a private meeting with a top Federal Reserve official in late September, recommended a coordinated effort by central banks to remedy the European financial crisis, according to Fed documents received in an open-records request.
A second iPhone has reportedly exploded in Brazil on a bedside table.
The Brazilian Institute of Geography and Statistics says 243,224 divorces were recorded last year in the nation with the highest number of Catholics. That comes out to 1.8 divorces per 1,000 residents. The rate was 1.2 divorces per 1,000 residents 10 years ago.
The governors of Washington and Rhode Island petitioned the federal government on Wednesday to reclassify marijuana as a drug with accepted medical uses, saying the change is needed so states like theirs, which have decriminalized marijuana for medical purposes, can regulate the safe distribution of the drug without risking federal prosecution.
A Brazilian court upheld a ruling requiring mining company Vale to pay 25bn reais ($14bn) in back taxes on overseas profits, raising the risk of double taxation on Brazilian companies´ foreign earnings.
British engine maker Rolls-Royce Holdings Plc said Wednesday that it has received new contracts with a potential value of $650m from Brazilian integrated oil and gas firm Petroleo Brasileiro SA or Petrobras to support its production activities offshore Brazil.
A decades-old blueprint used by many federal agencies to settle charges of wrongdoing with companies and avoid court was challenged by a U.S. judge, in a ruling that legal experts said could have a significant impact on future law-enforcement efforts against Wall Street firms.
Italy´s parliament on Wednesday gave initial approval to a new constitutional law that will prevent Italian governments from using debt to finance the deficit in a bid to rein in public finances.
The lower house of Mexico’s Congress has approved reforms to the kidnapping law that call for prison terms of 40 years to life if a victim dies, backing a measure proposed by the government in the wake of several abductions that rocked the country.
The Good Old Man brought with him, or rather in the red bag, 8 books offered by Disal publisher.
American Airlines parent AMR Corp. filed for bankruptcy after failing to secure cost-cutting labor agreements and sitting out a round of mergers that dropped it from the world´s largest airline to No. 3 in the U.S.
The judge voices shock at Dr. Conrad Murray´s lack of remorse and criticizes the physician for recent comments suggesting Michael Jackson ´entrapped´ him.
Government regulators are sharing some alarming information about Facebook: They believe the online social network has often misled its more than 800 million users about the sanctity of their personal information.
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