Japan's Olympus Corp has sued its current president and three ex-directors for several million dollars in compensation, sources told Reuters on Monday, as the company seeks to draw a line under one of the nation's worst accounting scandals.
Computer services firm Mahindra Satyam said it had filed a lawsuit against past directors, some ex-employees and former auditor Pricewaterhouse, seeking damages after the company was hit by a fraud in 2009 that became the country's biggest corporate scandal.
Japan's Olympus Corp has sued its current president and three ex-directors for several million dollars in compensation, sources told Reuters on Monday, as the company seeks to draw a line under one of the nation's worst accounting scandals.
NASA is questioning whether James Lovell, an Apollo 13 commander, has the right to sell a 70-page checklist that contains his handwritten calculations that were vital in guiding the damaged spacecraft back to Earth.
An unconventional dress which an eighteen-year-old girl is seen to be wearing in a portrait and the rejection of the photo from Durango High School's yearbook have drawn a nation-wide debate.
U.S. securities regulators said on Friday that defendants can no longer settle civil cases using neither admit nor deny language if they have already admitted to wrongdoing in parallel criminal cases.
The Exxon Mobil Corp. and the U.S. government struck a deal on Friday that would allow the company to move ahead with development of a field in the Gulf of Mexico estimated to yield tens of billions of dollars of oil.
A wrongful death lawsuit linked to a defining moment of the Iraq war has ended with the company formerly known as Blackwater agreeing to settle with the families of four security contractors killed in a gruesome 2004 ambush.
An Ontario judge has ruled that a C$50 billion ($48.82 billion) lawsuit against a group of 14 tobacco companies can proceed, after rejecting an application to dismiss the lawsuit by a group of seven companies.
Goodbye, Parentlode.New York Times Co, which has a parenting blog known as Motherlode, has agreed to settle a lawsuit against the Huffington Post after that website decided to change the name of its new Parentlode blog.
The FDA's highly praised announcement only applies to a drug that is barely used by the agricultural industry.
Apple is threatening to sue Chinese company In Icon over its 12-inch lifelike Steve Jobs action figure. The head of the Chinese toy company said he will not stop, as the dolls have already begun production.
Elan Microelectronics Corp, a Taiwanese touch design company, said on Thursday that Apple Inc will pay $5 million as part of a settlement in a patent infringement case.
Donald Trump has announced the official line-up for the 5th season of Celebrity Apprentice, his biggest cast yet. If you're a reality-TV junkie, a lot of the contestants are familiar faces. But for a lot of people, skimming down the large list has them asking who? Here's the run-down of who's taking on the Trump challenge and why they're famous.
Congress is working on a bill called the Stop Online Piracy Act and it's meant to prevent copyright infringement and illegally spreading content through Web sites. The proposed bill is working its way through the House of Representatives and the Senate is working on a similar bill called the Protect IP Act.
President Barack Obama appointed three people to the National Labor Relations Board on Wednesday to keep the agency operable in 2012.
Jane Trejo-Beverly, an employee at a Naples, Fla. real estate company, was fired by her employer just over a week before Christmas when she was summoned to serve jury duty.
The settlement will require AT&T to pay at least $215 million to TiVo by June 2018, $51 million of which must be paid upfront.
Evangelina Paredes filed a lawsuit against Stickney cop Chris Collins for violation of privacy, claiming the Chicago police officer used a speeding ticket to find her address and track her down for a date.
Chevron Corp. Tuesday night lost a judicial appeal against $18 billion in fines the company is being asked to pay by authorities in Ecuador. The company denies the charges and says the court ruling is the product of fraud and corruption.
The top pre-market NASDAQ Stock Market gainers are: TiVo, Arena Pharmaceuticals, Lululemon Athletica, Qiagen, and AVEO Pharmaceuticals. The top pre-market NASDAQ Stock Market losers are: Life Partners Holdings, Acme Packet, BioMimetic Therapeutics, NetApp, Aruba Networks, Yahoo, and Apple.
The top aftermarket NYSE gainers Tuesday were: ITT Educational Services, IntercontinentalExchange, Kid Brands, Assured Guaranty, Ralph Lauren Corp, DigitalGlobe, Barnes & Noble, AT&T, Lennar Corp and MBIA.
