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CEOs Got SEC's Back in Legal Fight Over Settlement Policy

Citigroup
A group that represents CEOs of major U.S. corporations, including Citigroup, defended the SEC's settlement with the financial giant that allowed the company to avoid admitting any liability or wrongdoing in a securities fraud case.
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Wall Street drops on euro-zone downgrade chatter

U.S. stocks were on track to end the week with modest gains as major indexes pulled back from session lows after falling more than 1 percent on Friday on talk that Standard & Poor's was ready to downgrade ratings on several euro-zone countries.
Workers look on from a Foxconn logo near the gate of a Foxconn factory in the township of Longhua, Guangdong province May 29, 2010.

Foxconn Prevents Mass Suicide at Wuhan Factory

Foxconn, the top technology independent contractor in the world, has settled a dispute with a multitude of employees, who threatened with mass suicide to protest low pay and dismal working conditions at its Wuhan factory in China.
A crowd stands outside an Apple store in Beijing

Apple Store in Beijing Egged Over iPhone 4S Delay

Angry customers in China reportedly threw eggs at Apple's flagship store in Beijing on Friday after the iPhone 4S launch was delayed by the company due to concerns over crowd size. The iPhone 4S will be sold online and through carriers, Apple said, but the company wanted to spare employees and customers from danger of overcrowding, scalping, and potential dangerous and hostile demand in stores.
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Olivia Munn's Nude Poster: Top 5 Controversial PETA Publicity Stunts

Joining the list of celebrities, who have stripped for the controversial PETA advertisements, is model-actress Olivia Munn, whose nude poster was released on Thursday. Shot by renowned celebrity photographer Emily Shur, the poster shows Munn posing nude with a tagline: Who Needs Fur to Feel Beautiful?
Rolls of Kodak TMax film are seen on a camera store shelf in New York

Kodak Reported in Talks with Citigroup for Bankruptcy Cash

Eastman Kodak Co is in advanced talks with Citigroup Inc to obtain financing that would be used if the money-losing photography company files for bankruptcy protection, Bloomberg News said on Thursday, citing three people familiar with the matter.
Gay rights activists

Canada Rules Marriages of Foreign Gays Invalid

The government is abruptly arguing that the same-sex marriages of many foreigners who wed in Canada are not valid, a move that stunned the gay community and could affect thousands of couples.
Beyonce Baby Watch

Blue Ivy: N.C. Church Denies Calling Beyonce's Daughter Satan

Beulah Hill Baptist Church officials on Thursday denied calling Beyonce and Jay-Z's daughter, Blue Ivy Carter, Satan. The Satan rumors came days after the baby's birth and after mounting unfounded Twitter rumors that the name Blue Ivy is connected with Illuminati and Satanism.
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Class-Action Suit Against American Honda Thrown Out

American Honda Motor Co won a legal victory as a divided U.S. appeals court on Thursday said a nationwide lawsuit over a brake system used in some Acura RL vehicles should not have been certified as a class-action.

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