Kids for Cash trial: Ciavarella denies extortion charges, acknowledges tax fraud
The Kids for Cash trial resumed this week with former Pennsylvania Judge mark Ciavarella's attorneys trying to undermine the credibility of the prosecution witnesses and the accused vehemently claiming that though he has committed tax fraud, he never extorted money from others or took bribe in return for sending juveniles to a private detention center.
Chevron fined record $9.5 bln for polluting Ecuador, calls verdict product of fraud
U.S. oil giant Chevron Corp. said it will challenge the ruling of an Ecuadorean judge who has ordered it to pay a record $9.5 billion fine after holding it responsible for polluting a wide swath of Amazon rainforest in Ecuador from 1972 to 1992 while it operated in a consortium with state-run Petroecuador.
Conn. ambulance co. settles Facebook firing case with Labor Board
A Connecticut ambulance company has settled with the U.S. National Labor Relations Board (NLRB ) a lawsuit involving the firing of an employee who had published negative remarks about her boss on her Facebook page.
Wragge & Co advises Premier Foods on canned groceries division sale
Wragge & Co has played a leading role in advising the UK's largest branded food producer Premier Foods Plc on the £182m sale of its canned groceries business to rival Princes.
SEC sues three former IndyMac executives for securities fraud
The U.S. Securities and Exchange Commission (SEC) has sued a former CEO and two former CFOs of failed mortgage lender IndyMac Bankcorp, accusing them of securities fraud.
Green Bay-based law firm offers to help city rename street after Packers coach McCarthy
Metzler, Timm, Treleven, Pahl, Beck, S.C., a Green Bay-based law firm has offered to donate money towards the cost of renaming a street in honor of Packers coach Mike McCarthy after his team emerged victorious in the Super Bowl.
German father guilty of negligent manslaughter for son's shooting rampage seeks appeals
Joerg Kretschmer, who was last week found guilty of involuntary manslaughter and handed down a 21-month suspended sentence for enabling his 17-year old son to go on a shooting rampage in 2009, has appealed the verdict.
North Carolina man trained in Pak pleads guilty to 'jihad' charges
Daniel Patrick Boyd, a U.S. citizen and resident of North Carolina, has pleaded guilty in a federal court to charges of conspiracy to provide material support to terrorists and conspiracy to murder, kidnap, maim, and injure persons in a foreign country, the U.S. Department of Justice (DOJ) said.
FDIC sues Ga.-based law firm Smith Welch & Brittain for legal malpractice
The Federal Deposit Insurance Corp. (FDIC) has sued a law firm in Henry County, Georgia, and one of its partners, accusing them of professional negligence, legal malpractice and other misconduct related to multi-million dollar real estate loans that contributed to the 2009 collapse of Neighborhood Community Bank (NCB) in Newman.
Daimler disappoints despite brighter outlook
German carmaker Daimler posted disappointing fourth-quarter earnings on Wednesday, with an upbeat outlook failing to deliver the detail that analysts said was needed to reassure investors.
Housing start s surge in January, permits tumble
U.S. housing starts rose more than expected in January to their highest rate in four months but permits for future home construction dropped sharply after hefty gains the prior month, according to a government report on Wednesday that showed the housing market still bouncing along the bottom.
Rovio Confirms 3D Angry Birds, Also WP7 Version
After a few missteps, Rovio's popular game is finally coming to Windows Phone 7.
Bank vs. Non-Bank Battle for Consumers Heats Up
Amid growing competition from non-banks, BB&T bank, which has locations primarily in the southeastern and mid-Atlantic U.S., is now offering a new prepaid checking account which comes with a Visa-branded debit card.
Futures indicate stronger open for Wall Street
Stock index futures pointed to a stronger open for Wall Street on Wednesday, recovering the ground lost in the previous session, on optimism for corporate earnings after forecast-beating results from Dell .
BoE report paves way to rate rise, King more cautious
New Bank of England forecasts opened the door on Wednesday for interest rates to rise but Governor Mervyn King warned markets not to jump to conclusions about the timing or speed of any moves.
Mobile Fair: ARM sees boost from high-end smartphones
British chip designer ARM said its royalty revenues would be boosted by the speed of adoption of its newest multicore processors that are powering many of the smartphones unveiled in Barcelona.
New Gemalto app embeds Facebook on SIM cards
Digital security company Gemalto NV has developed an application that embeds Facebook on SIM cards, letting GSM phone users stay connected on the social networking site even if without data plans.
Gold steadies off 4-week high ahead of U.S. data
Gold steadied on Wednesday ahead of a raft of U.S. data due later, having earlier risen to four-week highs as a retreat in the dollar and concerns over the medium-term inflation outlook helped support the precious metal.
HTC's tablet Flyer vs RIM's PlayBook: Who's the winner?
HTC released its 7-inch Android tablet Flyer at the Mobile World Congress (MWC) in Barcelona while BlackBerry maker RIM announced that it will offer its tablet PlayBook in HSPA+ and LTE versions.
African Barrick profit beats expectations, shares up
African Barrick Gold Plc reported higher-than-expected earnings in its first full-year results since listing, as strong gold prices outweighed a decline in production and lifted its shares.
Wall St rises on M&A, Dell earnings
U.S. stocks rose on Wednesday after estimate-beating results from technology bellwether Dell and a deal for Sanofi-Aventis to buy Genzyme for $20.1 billion in cash.
China's microbloggers on new front of Internet
China's Internet controls, under challenge again from Washington, may face an even tougher time from the 125 million Chinese people who have embraced online microblogs to gossip, rant and mobilize.
Orange warns Nokia-Microsoft against closed system
Telecom operators may be discouraged from offering phones from the new Nokia-Microsoft pact if the two groups adopt a closed system akin to Apple Inc's iPhone, an Orange executive told Reuters.
Science Alone Can't Name Source Of 2001 Anthrax Attacks
The scientific evidence by itself can't pinpoint the origin of the anthrax mailings that in 2001 and infected 22 people and killed five, according to a report from the National Research Council.
Stock futures up after M&A, Dell earnings
Stock index futures rose on Wednesday after estimate-beating results from Dell and a deal for Sanofi-Aventis to buy Genzyme for $20.1 billion in cash.
Producer prices, home construction rise
U.S. core producer prices in January rose to their highest rate in more than two years, hinting at a build up in inflation pressures as the recovery gathers pace, a potentially troubling development for the Federal Reserve.
Housing starts surge in January, permits tumble
U.S. housing starts rose more than expected in January to their highest rate in four months but permits for future home construction dropped sharply after hefty gains the prior month, according to a government report on Wednesday that showed the housing market still bouncing along the bottom.
Skype happy to hire Finnish engineers
Internet telephone service Skype said Nokia's alliance with Microsoft presented an opportunity for the company to tap into Finnish engineering talent looking for new jobs.
Mobile Fair: Interview: Skype happy to hire Finnish engineers
Internet telephone service Skype said Nokia's alliance with Microsoft presented an opportunity for the company to tap into Finnish engineering talent looking for new jobs.
Bonnaroo Festival lineup announced; Eminem and Buffalo Springfield to play
The annual Bonnaroo Music festival is held in Manchester Tennessee, in the middle of June. This year is it is June 9-11.
