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Nortel Headquarters

Trial Against Former Nortel Executives Begins in Ontario

Former Chief Executive Officer Frank Dunn, former Chief Financial Officer Douglas Beatty and former Controller Michael Gollogly are accused of altering financial results for the telecommunications company in order to reap millions of dollars in bonuses.
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Straits Resources, Argonaut Lose Gold Exploration Appeal

Mining and exploration company Straits Resources and its partner Argonaut have lost a court appeal to explore an area in South Australia that they believe holds huge copper and gold resources, the companies said on Monday.
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California teacher sex abuse arrest sparks debate

The arrest of a Northern California high school teacher for sexual abuse of a 14-year-old male student has raised questions about the boundaries of behavior and whether schools should police social media contact between teachers and students, authorities said on Friday.
A money changer holds Iranian rial banknotes as he waits for customers in Tehran's business district January 7, 2012.

U.S. Sanctions Hamper Iranian Bid to Recover $1.75 Billion

Iran's effort to recover some $1.75 billion frozen in a U.S. bank faces a new obstacle due to a law President Barack Obama signed last month, potentially further squeezing Tehran's economy and exacerbating tensions between the two countries.
Canada to close loophole on foreigner gay marriages

Canada to close loophole on foreigner gay marriages

Canada will plug a loophole in its marriage laws that left foreign gay couples in a legal limbo, able to marry in Canada, but in a union that might not be legal, and perhaps without the ability to divorce.
Reddit

SOPA: Reddit Blackout Will Speak Loud, Clear

For addicted reddit users -- sometimes referred to as redditors -- that's a hard pill to swallow -- half a day without the front page of the Internet, the social news Web site where registered users submit content so other users to vote it up, or down, and chime in with insight that is typically informative but almost always interesting, to say the least.
Citigroup

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

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.
Rihanna and Chris Brown

Chris Brown and Rihanna Meet in Person? New Report

Rumors of reconciliation between Chris Brown and ex-girlfriend Rihanna, have been circulating since the start of a Twitter exchange between the exes a week ago, but a new report from Life and Style magazine suggests the former couple have been meeting in person.

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