COMPANIES

A woman takes a brochure detailing how homeowners can make their mortgage payments more affordable at the Fannie Mae booth.

Fannie Mae fires Florida law firm Ben-Ezra & Katz

Fannie Mae has booted Florida-based foreclosure law firm Ben-Ezra & Katz from its retained attorney network after noticing that the firm was not handling its matters in strict compliance with proper procedures, ethical codes of conduct and legal requirements.
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Main view of home

Jason Richardson re-lists his Oakland home for $1.95 mln

Jason Richardson, an American professional basketball player for the Orlando Magic of the National Basketball Association, has re-listed his Oakland, CA home for $1.95 million, which is less than his initial asking price from 2008.
Google

Lawsuit accuses Google of stealing trade secrets

NEW YORK, Feb 14 - Technology communications company VoIP Inc sued Google Inc. in New York Supreme Court on Monday, accusing the Internet giant of stealing its trade secrets related to online voice technology.
The trial of Mark A. Ciavarella Jr highlights the dangerous gap in the juvenile justice systems of many states - children appearing in court without lawyers

Kids for Cash trial: Former Pa. judge Ciavarella claims money was 'finder's fee'

The trial of Mark A. Ciavarella Jr., a former Pennsylvania judge who has been charged with honest services fraud, wire fraud and tax evasion in connection with receiving $2.6 million in kickbacks from a private juvenile jail facility, resumes today and is grabbing national attention as the case highlights the dangerous gap in the juvenile justice systems of many states - children appearing in court without lawyers.
Xperia Play

Mobile Phones Wrapped in Serrano Ham

RBC Capital Markets said in its highlights before the Mobile World Congress show that smartphone units may accelerate this year from last year’s 60 percent growth as devices do more and simultaneously move down market for the masses.
Chip

Qualcomm debuts 2.5 GHz Snapdragon mobile chip

Chip-maker Qualcomm Inc. (NASDAQ:QCOM) is debuting a new version of its Snapdragon mobile processor offering speeds of up to 2.5 gigahertz and twelve times faster than its predecessors.
Samsung Galaxy Tab 10.1

Samsung Galaxy Tab 10.1 vs Motorola Xoom

Samsung launched its 10.1-inch Galaxy Tab at the Mobile World Congress event in Barcelona, reflecting its move from the 7-inch form factor to tackle the likes of Motorola Xoom and Apple iPad.
A shopper leaves a branch of Game supermarket chain in South Africa

S.Africa commission recommends Wal-Mart deal approval

South Africa's Competition Commission has recommended that retail group Wal-Mart's proposed acquisition of 51 percent of equity in Massmart be approved without conditions, the two companies said in a statement on Saturday.
VW, PSA to invest $1.5 bln in south China-Xinhua

VW, PSA to invest $1.5 bln in south China-Xinhua

Volkswagen AG (VOWG.DE), PSA Peugeot-Citroen (PEUP.PA) and other automakers will invest more than 10 billion yuan ($1.52 billion) in manufacturing capacity in China's Guangdong province this year, Chinese state media reported on Sunday.
Oracle's Larry Ellison

Oracle’s Larry Ellison buys 249-acre Porcupine Creek

Larry Ellison, an American business magnate, co-founder and chief executive officer of Oracle Corporation, has bought the 249-acre estate that once belonged to Yellowstone Club founders Tim and Edra Blixseth called Porcupine Creek in Rancho Mirage, Calif.
IBTimes Logo

White House backs standard for mortgage servicers

The Obama administration favors creating a national standard for mortgage servicers such as Bank of America Corp and JPMorgan Chase & Co that have been accused of botching home foreclosure procedures.
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Sappi to push for further paper price hikes

South African paper maker Sappi may push for further prices increases later this year as cost pressures threaten a recovery in growth, its chief executive said on Friday.
De Beers

De Beers returns to profit, remains cautious

De Beers, the world's largest diamond producer, returned to a profit in 2010 as production rose 34 percent and diamond prices recovered to pre-crisis levels, although it remains cautious about the market this year.
Manchester United's coach Alex Ferguson (R) talks to a facilities assistant during a training session at the Aspire Academy for Sports Excellence in Doha on Jan 2010.

Manchester United to be sold to Qatar Royal Family?

According to reports in the Daily Express, the Glazer family, owners of Manchester United Football Club, have closed in on a deal to sell the club to Qatar Holdings for £1.6 billion, double what they paid when they brought the club in May 2005.

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