Celestica Inc was ordered by a U.S. appeals court to face a shareholder lawsuit accusing the Canadian electronics company of securities fraud for misleading investors about its financial health and restructuring costs.
The head of the Canadian Auto Workers union is looking for a green light from members to potentially strike Caterpillar over a contract dispute in London, Ontario.
German phone company Deutsche Telekom AG and a Hungarian unit will pay more than $95 million to settle U.S. criminal and civil probes into the bribery of government officials in Macedonia and Montenegro.
Technology companies appear likely to resume battle in 2012 on three major fronts of the patent wars: smartphone designs, operating systems and semiconductor chip sets. Despite passage of copyright reform under the America Invents Act in September, technology lawsuits persist and experienced lawyers worry that little will change.
Deutsche Telekom AG will pay more than $95 million to settle U.S. criminal and civil charges that a Hungarian unit and three former executives schemed to bribe government officials in Macedonia and Montenegro.
An appeals court ruled that a letter linked to Mark Hurd's abrupt departure from his post as chief of Hewlett-Packard Co should be unsealed, potentially revealing new details about his dramatic exit from the technology giant.
The Brooklyn-based software company Boxee has announced that the latest version of their popular media center software will be the last iteration for Windows, Mac and Ubuntu. Boxee software will be available on Boxee.tv through the end of January according the website.
Blip Networks, the corporate name of the domain Blip.TV has sold $6 million in shares with an option to sell another $5 million still on the table.
The acquisition will give Chesapeake Midstream 47 percent of an integrated system of assets that consist of about 200 miles of pipeline in the Marcellus Shale, and position it as the largest gathering and processing master limited partnership based on throughput volume.
Avenger Controller has dumped Paul Christoforo and his Ocean Marketing firm after a rude exchange with a customer went viral. The e-mail thread was originally posted on Penny Arcade, a popular webcomic.
IBM, the No. 2 U.S. computer services provider, inked a 10-year services contract with Spain’s biggest savings bank, La Caixa, valued at 2 billion Euros (US $2.6 billion).
Alibaba Group has hired a Washington lobbying firm in a sign that the Chinese e-commerce company would be willing to make a bid for all of Yahoo Inc. in the event that talks to unwind their Asian partnership fail.
With constant competition from the likes of Honda and other car manufacturers, Toyota is expected to gain an edge over other environmental or conventional vehicles owing to its fuel friendly variant.
BMO Capital Markets has raised its profit estimates of Apple, Inc. (NASDAQ:AAPL) saying the Cupertino, California-based technology giant would benefit from material upgrades of Sprint customers.
The computing project resembles previous low-cost initiatives such as the One Laptop Per Child Scheme at $100 per device and the $35 tablet unveiled last year in India.
Verizon Wireless is investigating reports that some customers were experiencing trouble accessing its fourth generation (4G) network, a spokesman told Reuters, as the company yet again had to face service problems with its faster wireless service.
BlackBerry maker Research In Motion said on Wednesday it has slashed prices on its PlayBook tablet in India in a move aimed at boosting dismal sales for a device that was briefly considered a potential threat to Apple's iPad.
Bombardier (BBDb.TO: Quote), Britain's last remaining train builder, has been awarded a 189-million-pound ($296 million) contract to supply 130 carriages to UK rail operator Southern.
Chesapeake Energy Corp. is being accused of hiding behind shell companies to avoid honoring land leases the company signed and then cancelled over the course of 2010.
Standard & Poor's placed Sears Holdings Corp's credit rating on review for a possible downgrade on Wednesday, saying the retailer's plan to close at least 100 stores may not do much to improve its performance.
U.S. authorities hunting in Swiss banks for suspected tax cheats have a new weapon in their arsenal: an arcane but aggressive legal maneuver more commonly used against drug smugglers, money launderers and Imelda Marcos, widow of the Philippine dictator.
The New York Times accidentally e-mailed millions of subscribers, erroneously notifying them of a canceled subscription.
When Apple first partnered with Intel to include Thunderbolt ports on the MacBook Pro, they may or may not have known how much interest the technology would generate in the computer world. In 2012, Thunderbolt looks to make a bigger splash by making its way onto several different PC platforms.
For the first time, Netflix has fallen below Amazon in customer satisfaction, landing with some of the worst companies in a new ForeSee poll with a rating of 79 out of 100. For investors anxious about Netflix stock, however, this survey has a silver lining. Here, find out the five things investors should know about the streaming site's ranking in this new poll.
As Apple gears up to release its most anticipated tablet yet, Android competitors are getting ready to rival the iPad 3, with Google plotting the latest aspiring iPad-killer.
Build-A-Bear Workshop has issued a recall on 300,000 of its Colorful Hearts Teddy Bears sold in the U.S. and Canada after the Consumer Product Safety Commission deemed the product a choking hazard.
An affiliate of the World-Wide Group has sold a two-story commercial building at 646 Eleventh Avenue for $27.75 million, according to New York City records.
Workers at an LG Display factory in eastern China have gone on strike, halting some production, the company said on Wednesday, in the latest action by China's increasingly assertive workforce.
A federal judge in Anchorage Tuesday terminated BP Exploration's probation years after an oil pipeline rupture took place this past decade.
Even after losing 27 percent of its value Tuesday, Sears Holdings Corp.'s (SHLD) share price is expected to plunge some more. Goldman Sachs Group Inc. (GS) reiterated its sell rating on Sears and cut its 12-month price target to $30 from $43.
