PokerStars, the largest online poker card room in the world, has agreed to a $731 million settlement in their money-laundering case with the U.S. Department of Justice. The settlement reportedly includes reimbursement for some customers whose funds were frozen when the company was seized and shut down by the U.S. Attorney's Office in 2011.
Accretive Health, Arkansas Best Corp, Nokia Corp, Liquidity Services, General Mills, Dendreon Corp, OCZ Technology Group, Nova Measuring Instruments and Seagate Technology are among the companies whose shares are moving in premarket trading Tuesday.
The hefty $7.25 billion settlement that Visa and MasterCard have agreed to, in response to a 2005 class action lawsuit over credit card swipe fees, will disadvantage retailers further and restrict consumer spending in an economy that relies heavily on credit card use and personal expenditure.
Tanks and helicopters pounded a rebel stronghold in the Syrian city of Aleppo Saturday, signaling the start of a government offensive, as the opposition and international envoy Kofi Annan warned the international community of dire consequences.
Wal-Mart, in a bid to protect consumers, said it was not happy with the proposed $7.25 billion retailers' settlement with Visa Inc., and MasterCard Inc., over interchange and processing fees to cover credit and debit card payments.
U.S. companies have been finding it much easier to deliver earnings beats, or profits that are higher than expected, as analysts on Wall Street continue to trim their forecasts for earnings growth. However, they might have also come to realize that beating earnings expectations alone is not enough to help their stock prices.
Traders piled into a frothy rally in the natural gas markets Tuesday, sending the price of the energy commodity to 2012 highs and seemingly hoping to turn a quick profit with a highly volatile trade before the market's momentum shifts.
The Arab League has offered a safe exit for Syrian President Bashar al-Assad and his family if he quickly resigns and leaves the country, in the latest attempt from the international community to end 17 months of bloodshed in Syria.
Tom Cruise is lashing out via his attorney, Bert Fields, yet again. TMZ reports that Fields is outraged over Life & Style's latest cover story, which alleges that Cruise has neglected his 6-year-old daughter, Suri.
Unfortunately it's not a rare occurrence with celebrities, but professional WWE wrestler John Cena announced that he was getting a divorce from his wife Elizabeth Huberdeau back in May . Their divorce has been played out in the media as an all-out war, as MSN reported, but the two have now amicably settled.
On Wednesday, opposition leader Shaul Mofaz called to end the polticial circus over whether, or when, ultra-Orthodox and Arab Israelis must serve in the military.
During her last visit in Israel as Secretary of State, Hillary Clinton talked about Egypt but really thought about Iran. And made scant mention of the Palestinians, nowhere near as pressing an issue for America as the Arab Spring
The South China Sea has become Asia's most dangerous flashpoint of conflict. The settlement of the South China Sea dispute will involve compromise and an appreciation of the relative power of the countries involved, says Jeffery Atik, law faculty member at the Loyola law School, Los Angeles.
JPMorgan receives another blow even as it flounders in the midst of a FERC power market manipulation probe and talks with U.S. regulators for its alleged involvement in rigging key benchmark interest rates.
Johnson & Johnson (NYSE: JNJ), the world's second-biggest health care company, is expected to report higher second-quarter profit as strong performance of new drugs help mitigate drags from generic competition and strings of recalls.
U.S. Secretary of State Hillary Clinton arrived in Israel late Sunday for high-level talks with Israeli officials focusing on the course of political action in Egypt, Iran's alleged clandestine nuclear program and the stalled Israeli-Palestinian peace process.
The settlement, which lawyers are calling the largest antitrust settlement in U.S. history, would resolve dozens of lawsuits filed by retailers in 2005 that accused the card companies of fixing fees for processing credit and debit card payments and prohibiting stores from steering their customers to cheaper forms of payment.
The top after-market NYSE gainers Friday were Saks Inc, MasterCard, EXCO Resources, Visa and Yanzhou Coal Mining. The top after-market NYSE losers were New York & Co, Omega Healthcare Investors, Bonanza Creek Energy, VimpelCom and Accuride Corp.
Emails and phone communications released by the Federal Reserve on Friday show that an economist with the central bank who was told as August 2007 that one of the world's most important interest rates was being manipulated did not understand that rate.
Within days of reaching an amicable divorce settlement with Katie Holmes, Tom Cruise again seems to be hitting the headlines for all the wrong reasons.
Usher wants to settle with his ex-wife, Tameka Foster, in wake of her son's jet ski tragedy but the former Ms. Raymond might not be interested in a quick settlement, TMZ learned. According to the gossip site Usher doesn't want to fight anymore and is ready to end is lengthy child custody/support war as a result of his stepson Kyle Glover being pronounced brain dead.
After their arrival on the North American continent, the people continued to migrate southward along the coast, with smaller groups periodically moving off on their own.
