COMPANIES

Firm settles regulatory probe for misleading investors

The H&H Bagels store located on West 80th St. and Broadway will reportedly close. The iconic bagel store, which opened in 1972, has been featured on the television shows Seinfeld and Friends.

The Federal Reserve released a statement today after its June meeting, and ahead of Ben Bernanke's press conference Wednesday afternoon. The press conference will be only the second one in the Federal Reserve's history.

According to AdWeek, the New York Post is planning to raise its newsstand price from 50 to 75 cents starting Monday. The rival New York Daily News costs 50 cents.

Airbus winning orders for its revamped mid-range aircraft that provides better fuel efficiency.

Hyundai Construction Headquarter will locate Norcross and bringing about 100 jobs in Georgia.

Best Buy to use cash hordes no longer needed to repurchase $5 billion in stock. The company increases its quarterly dividend 7%. Best Buy will reduce square footage in its big box stores over the next five years.

The U.S. Supreme Court ruling places new limits nationwide on class-action suits. Companies facing similar suits to benefit from the ruling include Cigna Corp., Goldman Sachs Inc., Bayer AG, Deere Co., and Costco Wholesale Corp. The case one of the most important for U.S. businesses in a decade.

Casey Anthony, who is charged with killing her 2-year-old daughter Caylee, has pleaded not guilty. She has been found contradicting her own statements quite often. Casey's claims prior to the trial, the testimonials of her mother Cindy and father George regarding the death of Caylee and her defense argument during the trial have contradicted each other.

The Casey Anthony murder trial on Wednesday will be a shortened session, according to media reports.

Latest survey results showed on Tuesday, that Southwest Airlines Co again has topped rivals in customer service while premium-paying business travelers are the least satisfied with U.S. carriers.

In a strange twist in the tale that could all but nail Casey Anthony conclusively, it emerged that the alleged killer of the toddler daughter could have borrowed a plot from a fellow jail inmate to argue that Caylee Anthony drowned in the pool.

Called by some the king of sports cars, the 911 GT3 RS4 could be the ultimate collectors vehicle.

Dr. Linda Henman, for more than 30 years, has helped military organizations, family owned businesses, and Fortune 500 companies define their direction and select the best people to put their strategies in motion.

NASA's supercomputer Pleiades is one of the fastest in the world ranking seventh overall in a list of 500.

The New York Post is directing users of iPad's Safari internet browser to download the newspaper's app, which costs $1.99 and requires a subscription after a 30-day free trial. The subscription costs $6.99 for one month, $39.99 for six months or $74.99 for one year.

Wal-Mart Stores, Inc., is relieved after the US Supreme Court blocked a gigantic class action lawsuit against the retailer from being certified.

Monday morning, Skype released Skype for Windows 5.5. Beta, adding more extras to its already deep integration with Facebook. A minor move, yet it may foreshadow a bigger step to come.

PC maker Dell should acquire CommVault Systems, a move that may give the company higher margin storage assets and allow it to expand into data management software market.

European aircraft maker Airbus will fly from London to Tokyo in flat two hours! Yes, you heard it right! It will take only two hours to fly from London to Tokyo and be virtually pollution free.

They are the 10 best companies in the world harnessing alternative energies. This year’s winners of the Ashden Awards for Sustainable Energy feature companies from UK, India, Pakistan and Africa.

Tepco will open a very humid nuclear reactor airlock, at the Fukushima Daiichi nuclear plant, the company said on Sunday.

Facebook's announcement of an Apple iPad 2 app launch stirred excitement among both sides along with signaling an end to some disagreements the two companies experienced in the past. That was the case until rumors of a secret Facebook project codenamed Spartan emerged with details on how the social network giant will utilize HTML 5 web platform standards onto mobile apps currently stationed on Apple's app store and Safari browsers.

Boeing unveiled a new, elongated version of its legendary jumbo jet, the 747-8, hoping to stir up sales at this years Paris Air show.

Honeywell International Inc. announced that it’s Green Jet Fuel has successfully powered the first trans-Atlantic biofuel flight, which landed safely at Le Bourget Airport outside Paris.

The latest string of corporate hacks now adds video game giant Sega on the victims list. As of today, no hackers have taken responsibility. Emerging hacker group LulzSec posted on its Twitter page, that they will defend Sega and declared war against the unnamed hackers responsible. Interestingly, the LulzSec group, who was responsible for the latest strings of corporate hacks including the PlayStation Network, has claimed no ownership in Sega's breach.

After a major computer system's failure, United Airlines systems are back online as the airlines is in the process of resuming ops after a series of flight delays and cancellations.

United Airlines issued a systemwide travel waiver, late Friday night due to airline's major computer system outage that caused flight delays and cancellations.

United Airlines computer systems are back up and running, the airline announced in a twitter message.