JUL
11
2012

Megaupload´s Kim Dotcom offers to surrender to the FBI, at a price

Kim Dotcom and his Megaupload associates are seeking to break the legal impasse between him and the FBI, by offering to fly to the United States without an extradition hearing in New Zealand.

JUL
11
2012

Robert Diamond forgoes bonuses

Robert Diamond agreed to give up an additional bonus of as much as £20 million as pressure from British lawmakers mounted on the former Barclays chief executive over his role in an interest-rate-rigging scandal and its aftermath.

JUL
10
2012

Broker PFGBest freezes funds after founder´s suicide attempt

Independent futures broker PFGBest said it had effectively frozen customer accounts on Monday after a suicide attempt by the company´s founder set off an investigation into possible "accounting irregularities."

JUL
10
2012

File unsealed in gun case in bid to find four fugitives

The Justice Department on Monday unsealed the indictment of five people in the killing of a Border Patrol agent whose death was linked to the disputed gun-trafficking investigation called Operation Fast and Furious.

JUL
10
2012

Six governors say they will opt out of Medicaid. How long will they hold out?

Texas Gov. Rick Perry declared Monday his state would not participate in the health law´s Medicaid expansion, becoming the sixth Republican governor to make such a promise. Taken together, those governors opting-out would single-handedly shrink the Medicaid expansion by nearly 4 million people.

JUL
10
2012

WellPoint aims to profit from Medicaid with Amerigroup purchase

Health insurance giant WellPoint, the parent of Anthem Blue Cross, agrees to pay $4.9 bn for Amerigroup, which specializes in the Medicaid business.

JUL
10
2012

Wait, did a judge just say Samsung is ´not as cool´ as Apple?

In his ruling for Samsung against Apple, a U.K. judge expressly declares that the Samsung Galaxy Tab isn´t as drool-worthy as the iPad. Even judges know this?

JUL
10
2012

´O´ NO! Obama campaign asks judge to stop website´s sale of signature ´O´ merchandise

The campaign wants to bar Washington-based Demstore.com from selling the ´O´ merchandise. Both sides head to court Monday.

JUL
10
2012

Tom Cruise, Katie Holmes ´amicably´ settle divorce, attorney says

Tom Cruise and Katie Holmes "amicably settled" their divorce just two weeks after Holmes filed for it, an attorney told CNN Monday.

JUL
10
2012

Bank accounts figure in drug probe

A Mexican cocaine-trafficking cartel used accounts at Bank of America Corp. to hide money and invest illegal drug-trade proceeds in U.S. racehorses, the Federal Bureau of Investigation said.

JUL
10
2012

Embraer interested in Goldman´s Hawker assets

Hawker Beechcraft Inc., the bankrupt business-jet maker owned by Goldman Sachs Group Inc. and Onex Corp., may draw higher bids after agreeing to sell itself to Superior Aviation Beijing Co. for $1.79 bn.

JUL
10
2012

Google, FTC near settlement on privacy

Google Inc. is close to a deal to pay $22.5m to settle charges related to its surreptitious bypassing of the privacy settings of millions of Apple Inc. users, according to officials briefed on the settlement terms.

JUL
9
2012

After Android trial, Google demands $4 m from Oracle

Google wants $4 million from Oracle to cover the costs it incurred during this spring´s epic legal battle over the Android mobile operating system.

JUL
9
2012

American Airlines seeks to modify retiree benefits

AMR Corp.´s American Airlines, which is cutting labor costs while in bankruptcy, asked a court to rule it can unilaterally modify retiree benefits because they aren´t vested.

JUL
9
2012

Samsung wins bid to sell Nexus in Apple court battle

Samsung Electronics scored a partial victory against arch-foe Apple Inc on Friday after a U.S. appeals court lifted a freeze on sales of its Galaxy Nexus smartphones but upheld a lower court´s decision to temporarily halt sales of its Galaxy 10.1 tablet computer.

JUL
9
2012

Court rejects argument against gay marriage bill

A state appellate court ruled unanimously on Friday that the State Senate did not violate New York´s Open Meetings Law last year as it considered whether to legalize same-sex marriage, and the court refused to nullify the marriages performed under the law.

JUL
9
2012

Should Supreme Court justices Google?

Justice Antonin Scalia´s angry dissent from the Supreme Court´s decision to strike down parts of Arizona´s tough anti-illegal-immigrant law outraged liberals even more than his biting words normally do.

JUL
9
2012

Will Second Circuit decision have Christian Louboutin singing the ´red sole blues´?

Over the past 20 years, designer Christian Louboutin has built a fashion business based on one of the most sought-after shoe brands worldwide, boasting a sales increase from more than 300,000 pairs sold in 2009 to 700,000 in 2011.

JUL
9
2012

Clayton assistant jailed for seven years

Judge Patrick McCartan said Carol Hawkins´s crime "ranks at the higher end of the scale" and the nature of the crime was a "serious breach of trust craftily done over time".

JUL
9
2012

Visa, MasterCard said to near accord on swipe-fee lawsuit

Visa Inc. and MasterCard Inc., the biggest payment networks, are prepared to settle a seven-year lawsuit brought by retailers to cut their credit-card costs later this month, three people briefed on the talks said.

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