LAW FIRM

Facebook Seeking Bigger Credit Line

Facebook Vice President of Product Cox delivers a keynote address at Facebook's "fMC" global event for marketers in New York City
Facebook Inc plans to increase its $2.5 billion credit line to help cover a major tax hit when employee stock awards vest shortly after it goes public, according to two sources familiar with the company's plans.
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Top 10 Best Paying Companies in 2012

For many Americans, 2011 ended on a somewhat pessimistic note. Income barely rose and consumers tapped their savings during the crucial Christmas season. Despite things looking ahead for 2012, chances of an economic recession have urged many people to lookout for a job with better perks.
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A Qualcomm sign is seen at one of Qualcomm's numerous buildings located on its San Diego Campus

China tops U.S, Japan to become top patent filer

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.
Deepwater Horizon Burning

Alabama, Louisiana Can Sue BP for Gulf Spill, Says Judge

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.
Olympus Corp's President Shuichi Takayama reacts at a news conference in Tokyo

Olympus Admits It Hid Losses for Decades

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.
Dr. Conrad Murray stands in court

Michael Jackson Doctor Guilty of Manslaughter

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.
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Olympus: Acquisitions Used to Hide Investment Losses

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.
Passersby walk past the company logo of Olympus Corp. in Tokyo

Olympus Admits It Used Acquisitions to Hide Investment Losses

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.

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