Facebook’s lawyers have advised the social networking giant to stop trading shares on private exchanges, which could foreshadow the company’s long-awaited initial public offering.
Shares of Eastman Kodak, the 131-year-old photography pioneer, leaped nearly 20 percent Friday after the company announced a new president as well as divestiture of another unit.
China became the world's top patent filer in 2011, surpassing the United States and Japan as it steps up innovation to improve its intellectual property rights track record, a Thomson Reuters research report showed on Wednesday.
China became the world's top patent filer in 2011, surpassing the United States and Japan as it steps up innovation to improve its intellectual property rights track record, a Thomson Reuters research report showed Wednesday.
Facebook will sue Mark Zuckerberg, an Israeli entrepreneur who changed his name in an effort to get back at the social network.
As oil and gas companies target the Marcellus Shale for hydraulic fracturing, several East Coast states have begun to develop the first comprehensive rules to regulate the process.
ConocoPhillip's Bohai Bay oil spill may be over, but like its British counterpart in the Gulf of Mexico, the U.S. super major's Chinese subsidiary has not seen the end of litigation in the wake of its Chinese spill.
There are only a few persons who are still remembered after their death as they have left their remarkable legacy behind them, and Steve Jobs is one of those personalities who will be remembered for Apple's iPhone and iPad.
U.S. District Judge Carl Barbier announced Monday Alabama and Louisiana may sue the oil company under general maritime law for punitive damage, negligence and product liability, but not for civil penalties under the Outer Continental Shelf Act as that is governed by federal law.
The Penn State scandal's fallout deepened Sunday as the head of The Second Mile -- a youth charity founded by Jerry Sandusky, the school's disgraced former assistant football coach -- resigned from his post.
The longtime head of a children's charity, which was founded by a former assistant coach at Penn State accused of child sex abuse, has resigned, the group said on Monday.
German travel group TUI AG is going where the world's biggest financial firms have yet to venture.
Michael Jackson's personal doctor was found guilty on Monday of involuntary manslaughter in the pop star's drug-related death in 2009 but may not spend much time in jail.
Japan's Olympus admitted on Tuesday it hid losses on securities investments dating back to the 1980s, bowing to weeks of pressure to explain a series of baffling transactions that have put the future of the firm in doubt.
Michael Jackson's personal doctor was found guilty on Monday of involuntary manslaughter in the singer's death following a six-week trial that captivated Jackson fans around the world.
Japan's Olympus admitted for the first time on Tuesday that controversial acquisitions had been used to cover up losses on securities investments dating back to the 1980s, succumbing to weeks of pressure that has battered the company's share price.
Japan's Olympus admitted for the first time on Tuesday that controversial acquisitions had been used to cover up losses on securities investments dating back to the 1980s, succumbing to weeks of pressure that has battered the company's share price.
Morgan Stanley said a group of investors believes the bank may have sold defective mortgage bonds contained in more than $6 billion of trusts, signaling that it may face litigation over its involvement.
Going forward, CEO Antonio Perez said the company needs the sale of a portfolio of 1,100 patents to survive because of the cash that could bring in.
Eastman Kodak, the troubled photography giant, reported its third-quarter loss more than quadrupled to $222 million while revenue slipped 17 percent to $1.46 billion.
The top prosecutor for Northern California won't participate in a criminal investigation of failed solar energy company Solyndra because of ties to a law firm involved in the case.
Week two of the Conrad Murray trial gets underway Monday morning, and the doctor has already taken quite a pummeling.