COMPANIES

Allen Stanford, a one-time billionaire financier, was sentenced to 110 years in prison on Thursday, June 14. U.S. District Judge David Hitner handed out the sentence to Stanford who in 2009 became the subject of several fraud investigations.

Up to 5.1 million Jeep Grand Cherokee, Jeep Cherokee and Jeep Liberty model SUVs may be subject to one of the largest recalls in history depending on the results of an engineering analysis by the National Highway Traffic Safety Administration (NHTSA).

Time Inc., the largest magazine publisher in the U.S., has decided to embrace digital distribution. On Wednesday, Time Inc. announced that it will make all of its magazines available over the Newsstand application built by Apple, which exists on its iPhone, iPad, and iPod Touch devices.

AOL (NYSE: AOL), the No. 7 website, said management had re-elected all its candidates to the board of directors, defeating three challengers nominated by Starboard Value Management, a hedge fund that owns 5.3 percent of the company.

Volkswagen AG (Frankfurt: VOW) will pay ?600 million ($750 million) more than originally expected for the remaining 50.1 percent of sports car maker Porsche, bringing the total cost of the acquisition to ?4.5 billion, up from ?3.9 billion, according to Bloomberg.

Amazon.com Inc. (Nasdaq: AMZN), the No. 1 e-retailer, said it would trim costs for its Cloud computing unit known as Amazon Web Services, which operates in 190 countries and serves clients like Netflix (Nasdaq: NFLX).

Rarely do the words sports car and luggage go together in a sentence without the connecting phrase does not have enough room for. Well no more, because the 2012 Porsche Panamera S Hybrid is a genuine sports car, and it can in fact easily deal with some bags at the airport. Moreover, it succeeds in actually combining a sports car with hybrid technology without totally neutering the driving experience. Read our review to learn more.

Dutch navigation software specialist TomTom (Pink: TMOAF) got a major boost this week as Apple (Nasdaq: AAPL), the world's most valuable technology company, said it would collaborate with it on new software for the iPhone 4S family.

Rarely do the words sports car and luggage go together in a sentence without the phrase does not have enough room for. No more. The 2012 Porsche Panamera S Hybrid succeeds in actually combining a sports car with hybrid technology without totally neutering the driving experience.

Key decision makers in prominent business companies throughout Europe have criticised failing education systems for rising youth employment and have been clamouring for the implementation of dual education schemes to help reverse this worrying trend.

Announced on Monday at WWDC 2012 in San Francisco, the new MacBook Pro with Retina Display has been completely redesigned by Apple from the ground up. Several new architectural features have been included outside and inside the computer shell to make the computer stronger, faster and less noisy, but the real showstopper is the display.

The 105-year-old, 20-story luxury hotel is currently jointly owned by El-Ad Properties, an Israeli-owned real estate firm; and Kingdom Holdings, a company based in Saudi Arabia.

The Georgia Department of Transportation denied an application by the Ku Klux Klan to participate in the state's Adopt A Highway program, but the roadside volunteer cleanup program may have to come to an end to permanently block the hate group.

JetBlue is being sued by 10 passengers, claiming the airline was grossly negligent in allowing pilot Clayton Osbon, who had to be restrained after he burst through the cockpit screaming about religion and terrorism on a March 27 flight from New York to Las Vegas, to man the plane that day.

After 28 years, Dell (Nasdaq: DELL), the No. 3 computer company, plans to pay shareholders a small dividend, 8 cents a quarter. Later this year, Apple (Nasdaq: AAPL), the world's most valuable technology company, will resume paying dividends after 17 years.

JPMorgan Chase & Co (NYSE:JPM) Chairman Jamie Dimon floated unscathed through a hearing of the Senate Banking Committee meant to examine what happened inside his banking behemoth earlier in the year, when a massive bet on the credit-default swaps derivatives market reportedly meant to 'hedge' other bank risks went sour, resulting in multibillionaire losses.

A billboard for Skydive Dubai and Denver-based Go Fast energy products in Dubai was named the World's Most Expensive Billboard by the companies, since it would cost $1.3 billion a month to operate around the clock. But how could a billboard cost that much to operate? Perhaps because of the man who flies around the billboard in the air in a jet pack, which costs over $500 per second.

According to a panel of medical experts, the active chemical in used in spray-on tans -- dihydroxyacetone (DHA) -- can potentially damage one's DNA and cause genetic alterations. The experts reviewed 10 of the most current, agreeing that while more studies need to be done, what they already know is enough to warrant a warning.

Willing to drop $1,000 for one of the most daunting tasks as a new parent, like selecting a name for your newborn? Well, fret not because deal-of-the day discount site Groupon is offering to name your baby for you in a deal many have speculated was hacked or a complete scam.

Dell (Nasdaq: DELL), the No. 3 computer maker, announced its first quarterly dividend of 8 cents a share as a way to reduce some of its $17.2 billion cash pile.

Sales of the Chevrolet Volt Hybrid-Electric Vehicle (HEV) have experienced a resurgence in California following tweaks that now allow the car from General Motors Company (NYSE: GM) to qualify for High Occupancy Vehicle (HOV) lane access.

Apple was expected to update nearly every laptop and desktop computer in its lineup for the 2012 Worldwide Developers Conference (WWDC) in San Francisco, including the iMac, Mac Pro, MacBook Pro and MacBook Air. In the end, the iMac and Mac Pro were almost completely forgotten about. Is Apple neglecting its pro customers?

Stanford University is testing out the new program Congestion and Parking Relief Incentives, or Capri, to decrease traffic congestion by paying drivers to commute at off-peak hours.

Daimler AG (Frankfurt: DAI) will be rolling out an AMG high performance version of its Mercedes-Benz A-class hatchback to appeal to young customers and increase sales by 50 percent, according to a report by Bloomberg News Tuesday.

As expected, Apple unveiled iOS 6 during the keynote presentation for the 2012 Worldwide Developers Conference (WWDC) in San Francisco. Nobody knew what Apple would include in its latest mobile operating system for iPhone, iPad and iPod Touch, but with more than 200 new features added to the iOS platform, this is the most comprehensive update Apple has ever released to its mobile devices.

Now that Apple (Nasdaq: AAPL), the world's most valuable technology company, has opened its Worldwide Developers Conference with the usual product splash, what happened to Apple TV?

Apple iOS 6 Software will bring a whole host of updates to Siri in the fall, but the biggest tease during the WWDC keynote on Monday was Eyes Free; a feature that integrates Siri into your car.

In iOS 6, which was unveiled Monday at the 2012 Worldwide Developers Conference (WWDC) in San Francisco, Apple has decided to apply these same tactics of deep integration with Facebook, the world's largest social network with more than 900 million users. This is all great for Facebook, but what is Apple getting in return?

TomTom (Pink:TMOAF), the Dutch navigation software specialist, is already benefiting from its new tie to Apple (Nasdaq: AAPL), the world's most valuable technology company, which hired it to provide data for the iPhone.