Search Results for: yahoo
Credit Suisse Said Close to Guilty Plea, $2.5 Billion Accord With U.S.
May 16th, 2014
Credit Suisse Group AG (CSGN) is close to reaching an agreement to plead guilty and pay about $2.5 billion to the U.S. Justice Department and regulators to resolve investigations into whether it helped Americans evade taxes, three people familiar ...
France vetoes foreign investment
May 15th, 2014
The French government is broadening its authority to intervene when foreign companies want to buy firms the state considers vital, including in the sectors of transport, health and communications. The order released Thursday goes into effect immediately, potentially giving ...
Stocks: In need of a break?
May 14th, 2014
Wall Street might need a break. The past few days have seen investors push stock markets to all-time highs, but it looks like the pace could slow Wednesday. U.S. stock futures were barely moving ahead of the opening bell, ...
Oracle wins in copyright ruling against Google
May 12th, 2014
U.S. appeals court finds Oracle is entitled to copyright protection for parts of Java programming language. A U.S. appeals court has ruled in favor of Oracle (ORCL) in its ongoing legal battle against Google (GOOG) over Java programming language ...
European Stock-Index Futures Little Changed Amid Earnings
May 9th, 2014
European stock-index futures were little changed, after the Stoxx Europe 600 Index climbed yesterday to its highest level in more than six years, as investors weighed corporate earnings. U.S. index futures and Asian shares were also little changed. Publicis ...
U.S. Stocks Fluctuate as Tech Shares Slide, Tesla Drops
May 8th, 2014
U.S. stocks fluctuated, following the biggest advance in three weeks for the Standard & Poor’s 500 Index, as technology stocks declined for a third day and Tesla Motors Inc. and Priceline Group Inc. slumped. The S&P 500 (SPX) fell ...
Sherman, PRA Drop $16 Million Debt Collection in New York
May 8th, 2014
Two of the largest U.S. consumer debt buyers agreed to drop collections on about $16 million in judgments to settle allegations they violated New York law in pursuing debtors, the state attorney general’s office said. Portfolio Recovery Associates (PRAA) ...
Samsung to Fight Apple Smartphone Trial Verdict: Lawyer
May 6th, 2014
Samsung Electronics Co. will challenge a jury’s $120 million award to Apple Inc. in a patent-infringement verdict that was “unsupported by evidence,” a lawyer for the Suwon, South Korea-based company said. Samsung will ask the trial judge and an ...
Russia Knows Europe Sanctions Ineffective With Tax Havens
May 5th, 2014
Two years ago, a Dutch law firm prepared a pitch in Moscow to Russian businesses: come to the Netherlands and we can help you avoid taxes and keep your assets safe. “You can rely on our legal system!” the ...
Barclays, Credit Suisse Battle Banker Exodus, Legal Woes
May 5th, 2014
Barclays Plc (BARC), Credit Suisse Group AG and UBS AG (UBSN) will face questions this week about key banker departures, legal challenges and their efforts to boost profitability. Barclays last week lost three top bankers in the U.S. and ...
